This Prop Firm’s $85M Vanished Overnight amid Allegations of a Potential Scam and Cloning
FundedFirm, a proprietary trading platform targeting retail traders, faces serious allegations of operating an alleged fraudulent scheme after dramatically reducing its claimed payout figures from $95 million to $9.5 million…
Dollar drifts lower ahead of key inflation release
Investing.com – The US dollar retreated Wednesday, consolidating against its major peers ahead of the release of a key US inflation figure later in the session. At 04:45 ET (09:45…
Silver Rally Stalls Amid Trump’s Policies. Forecast as of 27.11.2024
The silver market remains fundamentally strong, but this is insufficient to fuel a rally in the XAGUSD. The precious metal is declining due to Donald Trump’s policies and may start a…
Oil holds steady, focus on Israel-Hezbollah ceasefire, OPEC+ meeting
By Emily Chow and Arunima Kumar (Reuters) -Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also anticipating Sunday’s OPEC+ meeting, where…
US to face “significant consequences” from Trump’s Canada tariffs, Goldman says
Investing.com — Goldman Sachs has warned of “significant consequences” for US consumers if President-elect Donald Trump moves forward with proposed tariffs on imports from Canada, casting doubt on whether the…
Dollar drops as markets weigh Trump tariff vow, yen jumps
By Brigid Riley TOKYO (Reuters) – The U.S. dollar consolidated against its major peers on Wednesday as investors weighed President-elect Donald Trump’s tariff pledges, while awaiting a key inflation figure…
CFD Popularity in Singapore Hits Lowest Since 2019, Retail Traders Turn to Prop Trading
Singapore’s leverage trading market continues to contract toward pre-pandemic levels, yet maintains significant market presence with 73,000 potential investors still showing interest in CFD trading, according to a new industry…
Economic Calendar for the Week 02.12.2024 – 08.12.2024
Despite the strong market volatility following Donald Trump’s ascension to the US presidency, the US dollar continues to dominate, with US stock indices showing positive trends. Besides, the greenback retains…
Oil prices rise, with focus on Israel-Hezbollah ceasefire and OPEC+ policy
By Emily Chow SINGAPORE (Reuters) -Oil prices edged up on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah and Sunday’s OPEC+ meeting, in…
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect…
