Category: Markets
-
Tesla turns to Musk’s small shareholder fans to back $56 billion payday By Reuters
•
Written by Ross Kerber (Reuters) – With Tesla Inc’s (NASDAQ:) major shareholders appearing divided over whether to support Elon Musk’s $56 billion pay package, the company is also looking for support from individual investors who make up an unusually high percentage of the industry’s ownership base. Electric cars. Small investors…
-
Spain’s CNMV Warns of 8 Unregistered Forex, CFD Firms
•
Spain’s National Securities Market Authority (CNMV) has issued new warnings about eight financial companies promoting investment services without proper registration. These companies lack a license from the CNMV to operate in Spain legally. Spanish CNMV flags 8 unregistered Forex and CFD entities The CNMV stated that the companies mentioned in…
-
Spain’s CNMV Warns of 8 Unregistered Forex, CFD Firms
•
Spain’s National Securities Market Authority (CNMV) has issued new warnings about eight financial companies promoting investment services without proper registration. These companies lack a license from the CNMV to operate in Spain legally. Spanish CNMV flags 8 unregistered Forex and CFD entities The CNMV stated that the companies mentioned in…
-
Sterling hits 22-month high against bruised euro By Reuters
•
LONDON (Reuters) – The pound hit its highest level in almost two years against the euro on Monday, although it fell against the dollar as the single currency fell after French President Emmanuel Macron called early elections after his defeat in a pro-European Union vote before parliament. Far right. The…
-
Week Ahead in FX (June 10 – 14): Fed and BOJ’s Decision on Tap, U.S. And Chinese Inflation Due
•
No need to look for a 6’5 guy in finances with a trust fund and blue eyes because you can make yourself rich with all the potential market catalysts we’re telling you about this week! The Fed and Bank of Japan will drop their policy decisions for June, while Uncle…
-
European indices close lower. Yields move higher.
•
European indices close lower as yields rise. Markets are terrified as a result of the election results, which have shifted further to the right. In the standard 10-year sector: Germany 2.676%, +5.2 basis points France 3.239%, +13.4 basis points UK 4.329%, +7.5 basis points Spain 3.493%, +9.6 basis points Italy…
-
Worldwide Cash Express Teams Up with TerraPay to Broaden Global Payment Services
•
Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
-
Euro tumbles after Macron calls snap French election By Reuters
•
By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The euro fell sharply on Monday, hit by political uncertainty after far-right gains in Sunday’s European Parliament vote prompted French President Emmanuel Macron to call early general elections. Uncertainty in France adds another element to what will be a busy week…
-
One Simple Trick to Avoid Overtrading
•
A common mistake traders make is trying to open too many positions at once. They believe that a greater number of positions will translate into higher profit. “If you open trades in multiple pairs, one of them will make a big win.“ The more setups you make, the greater your…
-
What is a stock split and how does it work?
•
Nvidia will begin trading today at around $120 after a 10:1 stock split. Let’s see what a stock split is and how it works. In order to increase the liquidity of the stock and make it more affordable, a company may split its existing stock into several shares, a move…
-
AI is sole focus at Apple’s annual conference By Reuters
•
Written by Aditya Soni and Stephen Nellis (Reuters) – Apple Inc is expected to showcase how it is integrating artificial intelligence across its software suite, including a revamped Siri voice assistant and a potential tie-up with ChatGPT owner OpenAI, at its annual developers conference on Monday. There’s a lot more…
-
The Scientific Strategy for Venture Capitalists
•
The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interest and demand, and the innovation and adoption of various…
-
The Scientific Strategy for Venture Capitalists
•
The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interest and demand, and the innovation and adoption of various…
-
Euro, French stocks hit by shock Macron call for snap election By Reuters
•
Written by Dara Ranasinghe and Amanda Cooper LONDON/SINGAPORE (Reuters) – The euro fell broadly, while French bonds and stocks were hit hard on Monday, following French President Emmanuel Macron’s decision to call early parliamentary elections after his defeat in a pro-EU vote at the hands of the far right. The…
-
FX Watch: GBP/JPY’s Downtrend Ahead of U.K.’s Jobs Data
•
The GBP/JPY pair has seen lower highs since it was rejected from the 200.50-201.00 area in late May. why not? Threats of the Bank of England (BOE) to shift to dovish and mixed data from the UK are deterring the bulls. Meanwhile, a bit of risk aversion and talks about…
-
Suzano eyes debt financing for potential International Paper deal
•
Investing.com – Brazilian pulp and paper giant Suzano (BCBA:) is reportedly looking to raise up to $19 billion in debt to acquire International Paper (NYSE:), according to Bloomberg. Jefferies analysts expect a potential all-cash offer for the IP in the range of $54-57 per share, a figure consistent with previous…
-
Premium Forex Watch Recaps: June 4 – 6, 2024
•
With two major central bank statements released this week, it was easy for forex strategists to focus on the Canadian dollar and the euro this week as the key markets to watch. Among the four scenario/price forecast discussions, The two arguably saw both financial and technical arguments raised To become…
-
EU politics – French President Macron has called a snap election. EUR/USD a touch lower.
•
On Sunday, French President Emmanuel Macron called for early elections. His decision came after the far-right National Rally party led by Marine Le Pen achieved very strong results in the European elections held in Sydney. Le Pen achieved the largest gains in the European Parliament elections The Greens and Liberals…
-
Over half of Aramco share sale allocated to foreign investors
•
Written by Maha Al-Dahan DUBAI (Reuters) – Saudi Arabia has floated more than half of the $11.2 billion Aramco share sale (Tadawul) with foreign investors, two sources familiar with the matter told Reuters on Saturday. Saudi Arabia is seeking to attract international investment by pumping tens of billions of dollars…