Mercari Selects METACO to Launch Institutional Digital Asset Custody Offering on IBM Cloud
To begin its institutional digital asset custody operations, Mercari, which runs an authorized Australian Tier 1 wholesale financial derivatives exchange, has chosen METACO, the industry leader in providing digital asset custody orchestration technology to sophisticated, international financial institutions. In order to take use of IBM's digital asset infrastructure's secure computing capabilities, Mercari is installing its technology there.
MHMarkets:UK inflation is high and the economy is weak, the ECB is expected to raise interest rates by 25 basis points in July
UK inflation remains the highest in the G10, while economic growth through 2023 will lag most of its peers. This justifies the forecast for GBP/USD to weaken. JP Morgan FX analyst Paul Meggyesi: "Even with fiscal stimulus, the domestic cyclical outlook will continue to weigh on the sterling outlook. At the same time, the BoE seems unlikely to contain the pressure on sterling depreciation on its own."
MHMarkets:US media said that Biden announced to cancel some tariffs on China, and the Federal Reserve announced to raise the benchmark interest rate by 50%
According to the "Wall Street Journal" on July 4, citing sources, U.S. President Biden is expected to announce the cancellation of some of the additional tariffs on China soon. The plan is understood to include a moratorium on tariffs on consumer goods such as clothing and school supplies.
Forex Facts and Myths to Learn before Getting Started
As we know, not a few people think that forex trading is a matter of luck and luck. Whereas in reality, not all the assumptions that are said are true and maybe just a myth. However, many people believe in it, especially in Indonesia itself.
WIKIFX REPORT: ITCS Capital Taps X Open Hub for Trading Technologies
X Open Hub and ITCS Capital have joined to provide multi-asset trading platforms with access to more than 5,000 assets on international markets. ITCS Capital operates the forex and CFDs broker brand ITCS Trade. Access to synthetic stocks from the US and EU markets is also provided, along with an automated system for supporting business actions and reporting.
WIKIFX REPORT: Complete X Open Hub’s trading infrastructure to support a new growing trend
The increased propensity of central banks to print money during the post-pandemic era forced investors to look for different types of assets as a hedge against rising inflation.
WIKIFX REPORT: New Features are Available for X Open Hub
The X Open Hub Insider has received an update from X Open Hub. The new features include five new languages, improvements, and additional deposit options and functionalities.
WIKIFX REPORT: X Open Hub has announced a new partnership and welcomes ITCS Capital Ltd.
Track-proofed multi-asset trading platforms from X Open Hub with access to more than 5,000 assets on global marketplaces were provided to ITCS Capital.
WIKIFX REPORT: FXTM analyst says inflation timebomb threatens Nigeria’s outlook
Nigeria formerly exhibited tenacity in the face of the inflation threat. Africa's greatest economy witnessed periods of declining inflation as other nations around the world fought against rising prices.
WIKIFX REPORT: Golden Brokers Awarded Best customer service and Fast growing forex broker
Two honors were given to Golden Brokers, one of the top brokers in the world specializing in contemporary financial instruments and online trading platforms, at the Forex Traders Summit, which will be held in Dubai in February 2022.
WIKIFX REPORT: CapitalXtend Introduces Gold Coin Rewards for its VIP Partners
CapitalXtend, a top investing platform that provides its users with powerful and user-friendly trading tools, has launched gold coin prizes to recognize its VIP Partners for their enduring relationships, unwavering trust, and outstanding accomplishments.
WIKIFX REPORT: CapitalXtend Wins the Best CFD Broker Asia 2022
The World Economic Magazine, which specializes in assessing the global performance levels of local and multinational Forex organizations, gave CapitalXtend the "Best CFD Broker Asia 2022" title.
WIKIFX REPORT: Capitalxtend Group Ltd. Announces Accreditation Agency of Regulation and Development
Capitalxtend Group Ltd. bagged another achievement – Announces CFD regulation, further stirring up the world of financial trading!
Two Popular Oscillator Indicators, which One is Better?
Based on a reference, Those are Stochastic and RSI. Generally, these are used to identify the overbought condition and also oversold at the same time. These are not the end.
MHMarkets:Fed's Daly supports July rate hike by 75bp, JP Morgan Chase downgrades US GDP to recession level
The 2024 FOMC vote committee, San Francisco Fed’s President Daly, said the Fed’s will reach a similarly neutral level by the end of the year, and she expects the federal funds rate to be raised to 3.1% by the end of 2022. Support the Fed’s to raise interest rates further by 75 basis points in July.
MHMarkets:The fall of Luhansk brings Russia closer to Donbas, Australian Prime Minister Anthony visited the Kyiv region on Sunday
Luhansk is one of two regions that make up the Donbas in eastern Ukraine, where the conflict between Ukraine and Russian-backed separatists began in 2014. The region has become central to Russian President Vladimir Putin's military ambitions in Ukraine after his army failed to take over Kyiv earlier this year.
Finalto Liquidity Introduces an Analytics Platform
Volatility has hampered certain liquidity markets in recent months, but this new platform will guarantee that Finalto's liquidity customers can immediately notice patterns in their liquidity flow and make changes.
GemForex - Weekly analysis | Monday, July 4
Here is what you need to know on Monday, July 4, for the upcoming week
WIKIFX REPORT: INGOT Hires Adel Jibrin as CEO of Newly Opened Dubai Office
He has extensively worked with brokers in the Middle East. The broker is spearheading its business activities in the region.
What are Order Types in Forex Market?
Forex order types refer to the mechanism of how the trader will enter and exit the market. Mainly, market orders and pending orders are what the broker’s platform offers and will be executed based on specific rules.