Binomo alone constitutes 80% of total crypto ads violation in 2021-22: ASCI
Several advertisements by fantasy sports wagering platforms (which refer to themselves as ‘real money gaming’ companies) violated standards set by the Advertising Standards Council of India, the self-regulatory body said in a report released on Thursday. The report looked at ads in 2021–22. The level of misleading or otherwise questionable ads were especially notable because these sectors were only a part of their overall business categories: virtual digital assets and gaming respectively.
Bank Asia Securities holds 11th AGM
Bank Asia Securities Ltd recently held its 11th Annual General Meeting at Bank Asia Tower, Karwan Bazar, Dhaka.
Mitrade wins four prestigious Forex awards
Mitrade Wins Four Prestigious Forex Awards At International Business Awards 2022
FBS to stop offering services in China and India from June 13th
FBS stops offering financial services to clients in China and India effective immediately.
FBS Rewards Trader with Mercedes Car
FBS gave a new Mercedes S-Class to its client. The trader won the premium car within the FBS Loyalty Program in less than a year of trading with the broker.
FBS: One of the Best Online Brokers in Nigeria
The COVID-19 pandemic has altered the lives of millions of people around the world. Staff layoffs, business closures and the realization that the world will no longer be the same have forced people to think about new sources of income. Thus, trading is becoming an increasingly popular activity. This trend can be observed worldwide on a global scale, including in Nigeria.
Do You Want to be a Forex Professional trader? Let’s Know It
Whatever profession wants to increase the career. As well as in the forex business. One of your careers in this business is a trader in this business.
Mohicans markets：MHM Today’s News
On Friday, October 7, because the non-farm payrolls data exceeded expectations, the dollar index rose for three consecutive days; It once rose above 112.90, which was a new high of more than a week and closed up 0.41% at 112.73. 10-year U.S. bond yields pulled up during the day, and quickly rose above 3.90% after the release of non-farm payrolls; 2-year U.S. bond yields quickly stood at 4.3%.
10/10 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Week Ahead: US CPI likely to support the dollar
The release of US consumer price inflation on Thursday for September is likely to be the final piece in the Fed’s jumbo-sized jigsaw for its November meeting. Soft data would restart the “pivot” trade which means “risk on” so higher equities and a lower dollar. But sticky, still elevated figures will increase bets that rates will be held higher for longer next year – not a good mix for risk assets. Markets currently assign above an 80% chance of 75bp rate hike in early November. Only a 5% handle in the core annual rate would markedly upset these odds.
WIKIFX REPORT: Positive mood stalls on the “pivot” trade
FX: USD slid against most of its major peers. The DXY closed a tick above its lows of 110.05. Resistance is at 110.76 while next support is 109.29.
WIKIFX REPORT: Gold steadies as risk appetite continues to recover
*US dollar clings to gains as bets on near-term Fed hikes firm
Worst of market anxiety behind us, UK minister says -Times
Britain's government has withstood the worst of financial markets' "anxiety" following last week's fiscal statement and will soon see a marked improvement, senior minister Simon Clarke said in an interview published in The Times late on Friday.
Wheat soars on U.S. output cuts, Russian annexation of Ukraine land
Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia's annexation of parts of Ukraine followed by increased U.S. sanctions.
WIKIFX REPORT: Wall Street closes in on third straight quarterly loss
Wall Street wobbled to the end of the S&P 500's steepest September decline since the global financial crisis on Friday, closing the books on a tumultuous quarter fraught with historically hot inflation, rising interest rates and recession fears.
Vodafone merger: VOD stock jumps on talks with Three to form telecoms giant
Vodafone (VOD) confirmed this week that it is in conversation with rival Three for a potential merger.
Upcoming Market Updates: USD, JPY, AUD, CHF, EUR, GBP, CHF, CAD
The Weekly Market Update is published every Friday, after market close. This is for informational purposes only and should not be interpreted as accurate. Let's look at some currency update below.
WIKIFX REPORT: UK's Truss and Kwarteng forced into humiliating tax U-turn
British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party.
Two reasons to hold dollar longs and retain bearish view on stocks
A bear market is when investment prices drop 20% from their most recent high. Volatility across asset classes is hitting new highs this year, credit spreads are rising, and the market is trying to calm down after the threat of a financial crisis that has been brewing in the UK pension fund industry has tipped.
TopFX Attends Wiki Finance Expo in Dubai and Looks Forward to The Forex Expo
TopFX is a Prime Broker, which has been providing liquidity solutions since 2010. TopFx offers a decent variety of instruments, with 548 symbols and 45 forex pairs. However, TopFX doesn't offer MT5 or the larger range of markets typically offered by the leading brokers.
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