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European Daily Market Review

Axiance | 2022-03-28 16:30

Abstract:European stocks advanced on Tuesday after reports emerged that Ukrainian President Volodymyr Zelensky was prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire, the withdrawal of Russian troops and a guarantee of Ukraine's security.

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European stocks advanced on Tuesday after reports emerged that Ukrainian President Volodymyr Zelensky was prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire, the withdrawal of Russian troops and a guarantee of Ukraine's security. Also, investors appeared. President Volodymyr Zelenskyy reported that ultimatums wont work as trapped Ukrainians will “fight till the end.”Russia has employed hypersonic weapons in its invasion of Ukraine, as announced by the US President Joe Biden.The German DAX added 0.60%, the French CAC-40 gained 3.65% and FTSE-100 inclined 0.24%.The pan-European Stoxx-600 secured 0.15% in early trade, with banks adding 1.2% to lead the rising path.European natural gas supplies are into a steady path as Russian supplies are still in line with demand. The Moscow Exchange will start trading in OFZ government bonds today after the its trading operations restarted.

Trading euro-based currency pairs requires following events that can have a major impact on the euro (also known as the “common currency”), which can be a daunting task for foreign exchange (FX) traders.

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Why Is My Forex Withdrawal Still Pending? 7 Broker Excuses Traders Keep Hearing

Withdrawal delays are precisely the complaint we keep receiving on WikIFX, a veteran in the forex regulation inquiry space. While some users receive withdrawal access initially and find rejections on their applications later, some fail to receive a single approval. Some delays usually result from genuine compliance requirements that brokers need to adhere to. However, in many cases, traders have accused the broker of repeated excuses as part of its alleged strategy to deny a seamless fund release. A pending withdrawal cannot be an outright indicator of fraudulent activity. Financial institutions, including forex brokerage entities, need to abide by the anti-money laundering (AML) and Know Your Customer (KYC) regulations. However, as the monitoring process stretches beyond weeks or months, traders become frustrated and raise questions over the broker’s reliability.

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WikiFX Express

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