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Admiral Markets wins Forex FxCuffs competition again in 2016

Admiral Markets wins FxCuffs contest

It has been a great news received in the forex trading industry after a brokerage firm, Admiral Markets, had won the Forex FxCuffs competition twice in a row. It has been a rewarding moment for the Admiral Markets to receive this kind of award being the only broker to reach ...

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Steady U.S. dollar index as supported by an upbeat jobless claims data

Steady U.S. dollar index as supported by an upbeat jobless claims data

As the effects in the announcement of the Federal Reserve’s minutes of March meeting continued to weigh in investors’ sentiments, the U.S. dollar was able to cope from its losses after the release of an upbeat U.S. jobless claims data. It has been reported by the U.S. Department of Labor ...

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European shares down by 8 percent led by French telecoms and Italian banks

European shares down led by French telecoms

The European shares shed losses as updates in the global market was released around 1431 GMT today after it rose 1.3 percent in the previous data as Fed Chair Janet Yellen announced the possibility of another rise in the Federal Reserve’s interest rate. The pan-European FTSEurofirst 300 index was down ...

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Partnership launch between Sberbank and eToro social trading network

eToro and Sberbank joint venture

eToro has launched a partnership with Sberbank, a leading global investment social network, bringing together 5 million traders from 140 countries. The joint project with eToro is targeted at both professional traders and beginner investors. The project will let clients converse in a professional social network and perform trading operations ...

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Russia’s move towards the deepening economic crisis

Russia economic crisis

Russia is known as one of these days’ leader in space exploration. But, just today, Thursday, Russian Prime Minister Dmitry Medvedev agreed to cut funding for their space exploration activities by 30 percent out from the total budget set forth for the said program. This is to address the deepening ...

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European and Australian markets felt the effects of rising euro

European and Australian markets felt the effects of rising euro

The European stocks markets dropped on Thursday as Lufthansa and Immofinanz lost its shares in the updates produced by the US Federal Reserve. This update plays a major role in boosting commodity share prices in the market. Lufthansa is today’s Europe’s largest airlines while Immofinanz is a huge Australian property ...

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Euro bounced back on ECB’s signal to end rate cuts

Euro bounced back

Euro rebounds from losses against the other major currencies after Mario Draghi, European Central Bank President, announced to the public that the ECB will end the possibility of more rate cuts to occur. This signal coming from the ECB President himself is a decision made after delivering a stronger-than-expected package ...

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Banking sector and insurance companies gains benefits in the ECB’s announcement

Banking sector and insurance companies gains benefits

Disappointing data in the European shares rose on Thursday, March 10, as the European Central Bank President Mario Draghi announced to the public that the possibility of more rate cuts is unlikely to occur, thus, on the other hand, benefiting banks rising its shares on plans for new cheap funding. ...

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Risk appetite leads to a stronger Australian dollar

Risk appetite leads to a stronger Australian dollar

The currency market’s risk appetite remained strong on Thursday favoring the dollar and the euro as its focus shifted on the U.S. non-manufacturing ISM report. Investors are eyeing towards the probability of bolstering expectations that the Federal Reserve remains on track to raise interest rates this year which can further ...

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World stocks on two-month high lifting the risk appetite globally

World stocks markets

The world stocks markets are becoming a way much better as it reached two-months high on Thursday, March 3. Easing concern about the global outlook and the recovery of the commodities has been pointed as the main cause of such drastic change which lifted the risk appetite globally. This is ...

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