Amazing stock markets. UK stock market is only 0.55% away from its ATH
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
US dollar slides as the mood in markets improves
I highlighted the economic commentary from earnings reports earlier today and that along with better US consumer sentiment was telling. US stock futures pointed to a 1% decline but that’s been pared to 0.2%. You also have strong dip buying in names that reported like Delta and JPMorgan: In FX, the reaction has been more […]
Rostro Appoints John Murphy as CRO of Scope Markets after Acquisition
Rostro Financials Group has appointed John Murphy, its Group Head of Retail Operations, as the new Chief Revenue Officer of Scope Markets. Murphy disclosed his appointment on Friday on LinkedIn. The executive, who brings about 15 five years of forex industry experience to the role, has worked in senior roles for top forex and CFD […]
JPMorgan Chase, Wendy’s and more
A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.JPMorgan – Shares of the biggest U.S. bank by assets rose more than 2% after the firm posted fourth-quarter profit and revenue that topped expectations. The New […]
JPMorgan, Virgin Galactic, Tesla and more
A person enters the JPMorgan Chase headquarters in New York, June 30, 2022.Andrew Kelly | ReutersCheck out the companies making the biggest moves in the premarket:JPMorgan — The bank reported fourth-quarter earnings and revenue before the bell that topped Wall Street expectations. However, it said a mild recession is now the “central case.” JPMorgan slid […]
NFA Fines StoneX Markets $1M for Compliance Failures
The National Futures Association (NFA) has fined swap dealer member StoneX Markets LLC, a subsidiary of StoneX Group, $1 million for multiple charges of compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a […]
FinCom Approves Vida Markets’ Membership
The Financial Commission (FinCom), the independent external dispute resolution (EDR) body for the forex industry, has approved the membership application of Vida Markets, a Dubai-headquartersed forex and CFD broker. The self-regulatory organization (SRO) also recently announced that IdealFX has voluntarily withdrawn its membership status. In addition, FinCom recently added ThreeTrader, an offshore forex broker that […]
Stocks making biggest moves premarket: Disney, Logitech and more
In this photo illustration the Disney+ logo seen displayed on a smartphone screen.SOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in premarket trading.Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also opposed activist investor […]
The Most Profitable Markets I Trade & Why » Learn To Trade The Market
I get a lot of emails from traders asking me whether or not my strategies work on certain markets that may not be discussed often on my site. The answer is basically, yes. The proprietary price action trading method I use is applicable to many different global markets, not just Forex. However, with Forex trading […]
Inflation is expected to have declined in December
A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersThe pace of consumer inflation is expected to have fallen slightly in December from the prior month because of a sharp drop in gasoline and energy prices, but the annual rate is still likely […]