PH Financial Sector Grows to P32.3T, Up 10.5% in June
The Philippine financial sector expanded by 10.5% in June, reaching P32.3 trillion. Bank resources surged, while positive earnings drove stock market gains.
Celebrity Involvement in the OmegaPro Scam: Football Stars and Hollywood Icons Entangled
The OmegaPro scam, one of the most extensive financial frauds in recent history, has implicated not only its founders but also several high-profile celebrities, including renowned football players and Hollywood stars.
US Inflation Cools, But Economic Pressures Still Remain
Inflation shows signs of cooling in the U.S., but persistent economic pressures, particularly housing and utilities, continue to challenge growth.
Gold (XAU/USD) – Repeated Attempts at a Fresh All-Time High, US Retail Sales Weigh
Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report
Binance Fined $1.75M in Brazil for Violating Derivatives Ban
Binance agrees to pay $1.75 million fine to Brazil's CVM for offering unauthorized derivatives. The settlement highlights Binance's ongoing regulatory compliance efforts.
Nasdaq 100, Dow and Nikkei 225 Continue to Head Higher
Indices are still recovering some of their recent losses, with the Dow back above 40,000 and the Nikkei 225 now back to its 2 August opening level.
WikiFX Broker Assessment Series | Is IC Markets Global Reliable?
IC Markets Global is an Australian online forex broker that provides traders access to the global financial markets. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.
OneStepFix Review: Check Is it a scam or legit?
OneStepFix is a financial trading platform based in the United Arab Emirates, founded in 2023. Although unregulated, it offers a broad range of trading options including Forex, commodities, spot metals, futures, spot indices, and shares.
ZERO Markets Becomes Official Trading Partner of Wolverhampton Wolves Ahead of 2024/25 EPL Season
ZERO Markets, a leading Australia-based Retail FX and CFDs broker, has been named the official trading partner of Wolverhampton Wanderers FC, popularly known as the Wolves. The announcement comes just days before the Wolves' 2024/25 English Premier League (EPL) season opener against Arsenal.
OmegaPro Forex Scam Founder Arrested in Turkey: The Fall of Andreas Szakacs
Turkish authorities have arrested Andreas Szakacs, the co-founder of OmegaPro, one of the world’s largest and most infamous online multi-level marketing (MLM) scams. Szakacs, who had been on the run since November 2022, was apprehended after a years-long international manhunt. His arrest marks a pivotal moment in the pursuit of justice for the millions of investors defrauded by the OmegaPro scam.
Trading Pitfalls: What Actions Could Get Retail Traders Banned or Fined?
Disruptive trading practices that can get retail traders banned or fined.
Beware of XTB Clone
ALL INVESTORS AND TRADERS PAY ATTENTION! The Financial Conduct Authority (FCA) issued a warning, stating that a clone of the XTB broker is operating in the market and using authentic details of registered organizations, such as email addresses, phone numbers, postal addresses, and firm reference numbers.
Top 5 Proven Risk Management Strategies for Traders
Learn the top 5 risk management strategies to minimize losses and maximize returns in trading. Essential tips for consistent and sustainable trading success.
GCash May Enter the Digital Bank Race in the Philippines
GCash considers a digital bank license in the Philippines as BSP lifts the moratorium, paving the way for potential expansion and competition in the digital banking sector.
Forex Trading Linked to Murder: Investigation Unfolds in Malaysia
A murder case in Malaysia has taken a dark turn with revelations that the prime suspect, an ex-classmate of the victim, was involved in forex trading, potentially linking financial stress to the gruesome crime.
Lawsuit Against Binance.US Over HEX Token Manipulation Revived
A U.S. appeals court has revived a class-action lawsuit against Binance.US, which accuses the cryptocurrency exchange of manipulating the HEX token’s price, reopening a legal battle involving significant financial claims and regulatory scrutiny.
Public Launches Bond Account with Yields Up to 7.3%
Public launches a new bond account offering yields up to 7.3%, providing an accessible way for investors to diversify their portfolios with corporate bonds.
Adverse Effects of AI on the Forex Market
AI has the potential to impact the forex industry significantly, and while it brings many benefits, there are also potential downsides that could pose challenges in the coming years.
US CPI Steadies Around Estimates – USD and Treasuries Rise
The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treasuries rose, SPX futures oscillated
Swissquote Surges: 36% Profit Increase in First Half 2024
Swissquote reports a 36% profit surge in the first half of 2024, driven by strong market conditions and increased trading activity, benefiting both clients and employees.