CFI Expands UAE Operations: New Abu Dhabi Office under SCA License
CFI Financial Markets LLC (CFI UAE) has expanded its operations to Abu Dhabi, a key step in its growth strategy in the UAE. The move aims to increase accessibility to…
US oil futures higher after US inventories draw; sentiment fragile
Investing.com — U.S. crude oil futures edged higher Thursday, helped by a larger-than-expected decline in weekly US domestic crude stocks as well a possible delay to the arrival of additional…
Prop Firm FTMO Partners with cTrader Algo Building Tool
An external tool supporting algorithmic trading solutions for cTrader has partnered with FTMO. According to the software developers, they have become the first strategy builder to sign this type of…
Oil rises on US crude stocks fall and possible delay to OPEC+ hike
By Alex Lawler LONDON (Reuters) -Oil firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+ producers and a decline in U.S. inventories,…
Bank of America sees more downside for the dollar
Investing,com – The US dollar has stabilized after a sharp fall in August, but Bank of America Securities sees more troubles ahead for the US currency. At 07:20 ET (11:20…
Dollar’s demise appears overstated – JPMorgan
Investing.com – The US dollar has had a difficult summer, dropping substantially during the month of August, but JPMorgan thinks those predicting the demise of the U.S. currency are getting…
China’s Xi boosts Africa financing by $51 billion, promises a million jobs
By Laurie Chen BEIJING (Reuters) – President Xi Jinping pledged on Thursday to step up Chinese support to Africa, the world’s second fastest-growing continent, with funding of nearly $51 billion,…
Pound Mistakes Twice. Forecast as of 05.09.2024
The markets are overestimating the pace of the Federal Reserve’s rate cuts and underestimating the extent of the Bank of England’s monetary expansion. The future trajectory of the GBPUSD pair…
US FX/CFD Broker Relinquishes CySEC License
AMP Global, an FX/CFD broker with roots in the US, has likely decided to suspend its operations in Europe, which it conducted through AMP Global Ltd. The company announced that…
Morning Bid: Stocks calmed as action switches to rates, jobs
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation…
