OPEC+ oil output cut shows widening rift between Biden and Saudi royals
As a results of The OPEC+ organization’s decision, cut oil production will be cut despite stiff U.S. opposition has further strained already tense relations between President Joe Biden’s White House and Saudi Arabia’s royal family, once one of Washington’s staunchest Middle East allies, according to interviews with about a dozen government officials and experts in Washington and the Gulf.
Turkey’s Erdogan says he will keep cutting rates “as long as I am in power”
Turkish President Tayyip Erdogan vowed on Saturday that the central bank would continue to cut its policy interest rates every month for as long as he stayed in power, after it surprised markets by cutting rates twice in the last two months.
Canada’s economy has scope to slow with vacant jobs, central-bank governor says
Bank of Canada Governor Tiff Macklem said there is scope to slow the economy based on an “exceptionally high number” of job vacancies in the labor market.
Zara FX Won The “ Fastest Growing Broker” Award In FIN Expo Egypt 2022
Zara FX has risen to new heights, winning the prize for “Fastest growing Forex Broker” at the Egypt 2022 Forex Expo, and strives to lead the way forward through the use of cutting-edge technology, creative systems solutions, low-cost commissions, and unmatched customer care
FXDD CELEBRATES 20 YEARS IN THE FINANCIAL INDUSTRY
Leading brokerage firm, FXDD, is celebrating 20 years of providing cutting-edge services to financial market participants. This is a remarkable achievement, given that the retail trading industry is still relatively new. FXDD has stood the test of time, witnessing numerous service providers come and go over the past two decades. The ability to not just survive but thrive over the years is a testament to the company’s commitment to anticipate and innovate to meet the expectations of its clients.
TradeZero Halted Trading in Meme Stocks AMC, GME, KOSS. Now It Owes the SEC $100,000.
TradeZero will pay $100,000 for allegedly misleading investors about stock trading halts
TradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada
TradeZero Holding Corp. (“TradeZero”), which operates broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders, announced that TradeZero’s Canadian subsidiary, TradeZero Securities Canada ULC (www.tradezero.ca), was admitted as a dealer-member of the Investment Industry Regulatory Organization of Canada and is approved to offer equity and options trading on US markets to retail traders in Canada. TradeZero’s Canadian broker dealer is headquartered in Oakville, Ontario.
TradeZero settles SEC charges it misled customers about meme stock trading halts
The U.S. Securities and Exchange Commission on Tuesday said the online brokerage TradeZero America Inc and its co-founder settled civil charges they falsely told customers that they did not restrict purchases of volatile "meme" stocks last year.
MOGA Winter Cashback Giveaway, Double Profits with Double Promotions
MOGA is launching a series of bonuses to invite all traders to join and have fun.
Mohicans markets：MHM--European Market
On Monday, October 12, spot gold oscillated narrowly during the Asian session and is currently trading near $1,668 per ounce.
Former AvaTrade France head David Bottin launches offshore FX broker RaiseFX
David Bottin, former Managing Director at AvaTrade and head of AvaTrade France, has launched a new offshore Retail FX and CFD broker brand called RaiseFX, at website raisefx.com.
Cuprum Coin Announces IEO Offering On Bitforex Exchange
Cuprum Coin is excited to announce the successful pre-sale launch of its commodity-backed cryptocurrency on the Bitforex exchange.
CATcoin Listed on Bitforex and Pancakeswap, Seeks To Give Competition to Dogecoin
As the popularity of dog-related tokens like Dogecoin, Shiba, and Shiba Inu continues to soar, a new project that will give these tokens a hot chase has been launched: CatCoin. Like dogs, cats too deserve popularity, and that's why the team at CatCoin is ready to take cat to the moon.
BitForex Launches Low-Interest Crypto Loans for Tether, Bitcoin, and Ether Users
BitForex, a leading international cryptocurrency exchange, has released crypto loans in USDT, BTC, and ETH. Borrowers can opt for the flexible loans for 7 days/14 days/30 days (extendable up to 180 days) crypto loan terms.
WIKIFX REPORT: BELGIUM’S WATCHDOG WARNS OF CAPITALS TRADE FX, FX ELITETRADER AND UXTRADES
Belgium’s financial watchdog, the Financial Services and Markets Authority (FSMA), has issued a warning against the unauthorized activities of multiple platforms that are offering investments in the country without complying with Belgian financial legislation.
Recognized Broker Call Rate in Forex Business
Traders and brokers should build together. Especially traders, need a broker to get information about price, forex movement, and the best time to make transactions.
10/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
USD UP WHILE JPY SLIPS
The performance of the USD today has been remarkable as it moves back towards the high levels attained last month. Investors are worried about increases in interest rates as well as geopolitical tensions. At the same time, JPY is moving at levels close to where it was before the Japanese government’s intervention about three weeks ago.
FINCEN AND U.S. TREASURY’S OFAC TAKE ENFORCEMENT ACTION AGAINST BITTREX
On October 11, both the Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took enforcement actions against Bittrex due to alleged violations of sanctions programs and reporting requirements under the Bank Secrecy Act (BSA).
CRUDE OIL PRICES FALL ON RISE IN COVID-19 INFECTIONS IN CHINA AND FEARS OVER RECESSION
Crude oil prices declined by over 1 percent on October 11 representing an extension of about 2 percent losses in the past session. This came as people are worried about the impact of the recession as well as the rise in coronavirus infections in China on international demand.
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