German Lawmakers to Repeal Punitive CFD Tax Rule: Report
German investors trading derivatives could finally breathe a sigh of relief as lawmakers plan to repeal a punitive CFD tax rule. The country’s ruling coalition is set to repeal the…
Oil prices edge higher after sharp losses; Middle East tensions in focus
Investing.com– Oil prices rose slightly Wednesday, steadying after logging bruising losses over the past week as the prospect of a less severe escalation in the Middle East and weak demand…
OPEC’s dilemma as global demand remains weak – Bernstein
Investing.com – Global oil demand remains in the doldrums, according to Bernstein, creating a dilemma for OPEC given the looming surplus in crude supply next year. The latest estimates from…
Palladium prices to lag other precious metals, UBS says
Investing.com — Palladium prices are expected to lag behind other precious metals, according to analysts at UBS. The analysts flagged the volatility of palladium, which has seen prices fluctuate above…
British inflation sends pound briefly below $1.30, dollar firm on Fed outlook, potential Trump win
By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for the Bank…
Trading Signals Providers in South Africa Must Be Licensed: FSCA Imposes Debut Fine
South Africa’s Financial Sector Conduct Authority (FSCA) imposed an administrative penalty of over 1 million rand (about US$57,000) on Kabelo Emanuel Mogale for providing forex trading signals without a financial…
US dollar gains as US election draws nearer – UBS
Investing.com – The US dollar has gained more ground as the US presidential election draws near, UBS noted, with the market seeing rising odds of a win for Republican candidate…
Mexican Peso Threatened by Tariffs. Forecast as of 16.10.2024
The increase in Donald Trump’s ratings in the presidential race has prompted panic among USDMXN bears. The return of previous trader fears has prompted a desire to sell the peso as…
Prop Trading: The Funded Trader Collaborates with Volumetrica Trading for New Platform
The Funded Trader, a prop trading firm, has announced that its sister company, The Futures Traders, will introduce Volumetrica Trading as a new trading platform . According to the firm,…
Morning Bid: Stocks stunned by ASML curveball, pound plunges
A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe’s ASML (AS:ASML) sideswiped the global…
