Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

(Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply…

Fiserv AppMarket Expands with PortX’s New Fintech Integration Solution

Fiserv’s AppMarket has welcomed PortX Fintech Hub, a service that aims to simplify the integration of financial technology solutions for banks and credit unions. This collaboration promises to accelerate time…

Oil prices slip as OPEC+ mulls delay to output increase

By Paul Carsten LONDON (Reuters) – Oil prices fell in choppy trading on Wednesday after sources from OPEC+ told Reuters the producer group was discussing delaying a planned output increase…

Prop Trading Industry Is Divided on “Gamification” amid Consob’s “Video Game” Remark

“I believe that ‘gamification’ can be actually beneficial if done with good intentions,” David Varga, Co-Founder of Fintokei and Purple Trading, told Finance Magnates, amid the “video game” remark on…

Prop Trading Industry Is Divided on “Gamification” amid Consob’s “Video Game” Remark

“I believe that ‘gamification’ can be actually beneficial if done with good intentions,” David Varga, Co-Founder of Fintokei and Purple Trading, told Finance Magnates, amid the “video game” remark on…

IC Markets Gets Hit Again with €50K Fine from CySEC after €200K Penalty

🌟 Ever wondered about the different categories at the Finance Magnates Annual Awards? 🏆 Join our CCO, Andrea Badiola Mateos, as she dives into the details of each award category…

Payrolls set to be high-risk event for dollar – Citi

Investing.com – All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating that the release is likely to market moving for G10…

NAGA Strikes a Sponsorship Goal with Germany’s Borussia Dortmund

NAGA Group has partnered with the German iconic football club Borussia Dortmund (BVB). The sponsorship deal will give NAGA exclusive rights to the BVB Partner logo but also position its…

UBS cuts US dollar targets; recommends fading any strength

Investing.com – UBS has downgraded its long-term US dollar targets, looking to fade the currency’s rebound early in September. At 08:45 ET (12:45 GMT), the Dollar Index, which tracks the…

Putin to discuss gas supply contract with Serbian deputy PM

(Reuters) – Russian President Vladimir Putin said that he intended to discuss a gas supply contract with Serbia that expires in March 2025 with Serbian Deputy Prime Minister Aleksandar Vulin.…