> These videos will kickstart your trading week in the forex market Technical review of some of the major currency pairs for the week starting July 31, 2023 EURUSD: USDJPY: GBPUSD: AUDUSD: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW … Read more
Nexion Group Ltd (ASX: NNG) has extended its relationship with IBM Australia Ltd (IBM) with a IBM Silver Business Partner Agreement to become a Business Partner selling IBM’s software solutions including the Artificial Intelligence (AI) platform, Watson and their Sustainability Suite incorporating Asset Management and ESG reporting. The company has formed an alliance with Fuseforward … Read more
On Friday, earnings updates from a raft of FTSE 100 companies dominated trade as investors shrugged off this week’s rate hikes by the Federal Reserve and ECB. A shift in policy by the Bank of Japan did little to upset UK stocks despite volatility overnight. The FTSE 100 was dead flat at 7,693 at the … Read more
Eldorado Gold Corp. [ELD-TSX; EGO-NYSE] is on track to meet its annual production forecasts after reporting a second quarter adjusted profit of $16.1 million or $0.09, which was in line with consensus estimates. Second quarter earnings before interest, tax, depreciation and amortization (EBITDA) of $107 million was slightly above forecasts set by Scotiabank analysts. Based … Read more
The Public Company Accounting Oversight Board has disciplined five auditing firms for violating its rules and standards when communicating with audit committees, part of an overall sweep as the audit overseer ratchets up its enforcement efforts. The PCAOB has begun using sweeps as part of its overall efforts to bolster enforcement. Three of the sanctioned … Read more
FX HedgePool offers a service where buy side clients can use FX HedgePool’s P2P matching technology to access improved liquidity while banks are able to underwrite these transactions by providing Credit as a Service. This allows the banks involved to better utilise balance sheet flow and profitability. In this podcast Jay addresses the above as … Read more
USD/ZAR PRICE FORECAST: Recommended by Zain Vawda Get Your Free USD Forecast MOST READ: USD/ZAR Rises as SA Reserve Bank (SARB) Pauses After 10 Consecutive Hikes The South African Reserve Banks (SARB) recent pause in the hiking cycle was no doubt met with cheers by many consumers locally, yet the Central Bank and some economists … Read more
> Dallas Fed June trimmed mean price index falls to 2.5% m/m annualized versus 3.2% prior The trimmed mean inflation index from the Dallas Fed Adam Button Friday, 28/07/2023 | 14:28 GMT-0 28/07/2023 | 14:28 GMT-0 Prior was 3.2% (revised to 3.5%) 6 month trimmed mean falls to 4.1% from 4.4% last month 12 month … Read more
French carmaker Renault has posted a net profit of 2.12 billion euros in the first half of this year after a loss of 1.68 billion euros a year ago. Last year’s loss was due to the closure of operations in Russia, the company said today. Sales growth Revenues rose 27 percent … Read more
Melbourne-headquarters Living Cell Technologies (ASX: LCT) has filed a new provisional patent application over a combination drug candidate, which includes cannabidiol (CBD) and another off-patent pharmaceutical ingredient, and its use in the treatment of dementia. The filing of a provisional patent application establishes the priority date of the invention ahead of potential competitor companies. The … Read more