Trive South Africa Begins Onboarding CFD Clients in the Region
Trive South Africa has officially started onboarding derivatives trading clients, marking its entry into the competitive African financial markets. The company, which operates under a license from the Financial Sector…
Tropical Storm Helene expected to gain hurricane strength, threaten Florida
By Rich McKay and Brendan O’Brien (Reuters) – Tropical Storm Helene promised to become a hurricane on Wednesday as it rapidly intensified in the eastern Gulf of Mexico, threatening to…
Dollar hits 14-month low against euro, yuan dips
By Rae Wee and Linda Pasquini LONDON/SINGAPORE (Reuters) -The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China’s…
US lawmakers seek to pay livestock farmers to use climate-friendlier practices
By Leah Douglas (Reuters) – Farmers in the United States who raise livestock in large industrial operations could get funding from President Joe Biden’s signature climate law to transition to…
OTC Derivatives vs ETPs: Which Is a Better Revenue Generator for CFDs Brokers?
Despite a tough financial year for some brokers, the demand for over-the-counter (OTC) derivatives and exchange-traded products remains strong, with contracts for differences (CFDs) and exchange-traded instruments driving significant growth…
Tropical Storm Helene to become hurricane, picking up steam in Gulf
By Rich McKay and Brendan O’Brien (Reuters) – Tropical Storm Helene promised to become a hurricane on Wednesday as it rapidly intensified in the eastern Gulf of Mexico, threatening to…
Retail Investors Flock to Stocks from Forex After Fed Rate Cut. Here’s Why
Global retail investors are significantly increasing their exposure to equities following the Federal Reserve’s (Fed) first interest rate cut in four years, according to new data from eToro. Riskier assets…
Volatility in EUR/GBP currency pair to remain supressed – UBS
Investing.com — The European Central Bank and Bank of England will likely adopt “similar” upcoming monetary policy stances, although the BoE is tipped to take a slightly more hawkish approach, according…
Oil prices to stay lower through 2025 amid global oversupply risk: Wells Fargo
Investing.com — Oil prices are expected to remain subdued through 2025 due to the elevated risk of global oversupply, as per analysts at Wells Fargo in a note dated Tuesday. …
US crude, product inventories likely fell last week
(Reuters) -U.S. crude oil and product stockpiles were expected to have fallen last week, an extended Reuters poll showed on Tuesday. Ten analysts polled by Reuters estimated on average that…
