Oil prices extend gains on fears of wider Middle East conflict
By Paul Carsten LONDON (Reuters) -Oil prices extended gains on Monday, with Brent nearing $80 to build on last week’s steepest weekly jump since early 2023, driven by fears of…
Consumer Duty at One: FCA Pushes Firms for Evidence of Progress
The Financial Conduct Authority’s (FCA’s) Consumer Duty officially came into action over a year ago, with an implementation deadline of 31st July 2023 for all new and existing products and…
Prop Trading: Dynamic Works and Brokeree Introduce Integrated CRM Solution
Dynamic Works Syntellicore has announced the launch of a new integrated feature for Brokeree Prop Pulse, a system designed for account management in prop trading firms. It aims to update…
India asks banks to stop making large bets against rupee, sources say
By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) -India’s central bank has asked state-run and private lenders to refrain from betting heavily against the rupee in an effort to support…
Cinkciarz.pl Files 1.5 Billion Suit against Polish Banks amid License Row
Just days after the Polish Financial Supervision Authority (KNF) suspended the payment license of the local currency exchange giant Cinkciarz.pl, the company has decided to bring out the big guns.…
eToro Upgrades Price Alert Functionality with New Features and Access Widget
eToro has launched an upgrade to its Price Alert feature, allowing users to create, update, and delete multiple price alerts for a single instrument. This development aims to provide traders…
Is US election risk already overpriced, BOA asks
Investing.com – US election risk premia are becoming richly priced in the foreign exchange markets, according to Bank of America Securities, but may already be overpriced. Historically most FX vols…
Ghana’s wildcat gold mining booms, poisoning people and nature
By Maxwell Akalaare Adombila PRESTEA-HUNI VALLEY, Ghana (Reuters) – At an unlicensed gold mine in Ghana, men in t-shirts, shorts and rubber boots wade through pools of muddy water laced…
Exclusive-India cenbank asks banks to avoid large shorts as rupee nears record low, sources say
By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has asked state-run and private banks to refrain from betting heavily against the rupee in an…
Dollar stable after payrolls gains; euro slips on weak data
Investing.com – The U.S. dollar stabilized Monday, holding onto the gains seen after Friday’s strong jobs report at the start of a week that includes the release of key inflation…
