UK services activity continues to pick up, according to the latest S&P Global PMIs, and that is giving Sterling a boost in the FX market
Blogs
Euro Holds Up Despite More Shaky PMIs, ECB Rate Decision Up Next
The Euro managed to hold gains against the United States Dollar on Wednesday despite more worrying news from the Eurozone economy.
AUD Price Update: Aussie Mulling Latest Chinese Stimulus, AUD Contained
The latest stimulus measure out of China aims to free up bank reserves amid a rout in the local stock market. Aussie dollar contained after the Netflix miss as S&P 500 holds up
Swiss FINMA Taps Stefan Walter, Ex-ECB Chief, as New CEO
<p>The Swiss Financial Market Supervisory Authority (FINMA) has appointed Stefan Walter as the Chief Executive Officer. Scheduled to assume office on April 1, 2024, Walter's background as the Former Director General at the European Central Bank (ECB) positions him as a seasoned leader with extensive experience in international banking su
London Capital Group's CEO Moves to INFINOX as Managing Director
<p>Online trading services provider INFINOX announced today (Wednesday) the appointment of Jana Zdravecka as Managing Director. She was recently associated with London Capital Group (LCG), where she held a similar position for three years.</p><p>INFINOX Gears Up for Growth with Zdravecka at the Helm</p><p>Zdravecka, wh
Interconnected Tomorrow: The Evolution of Financial Infrastructure
<p>In the dynamic realm of financial services, the landscape is rapidly evolving, and banks are eyeing new verticals as an attractive playing field. Regulators, once criticized for being reactive and lagging behind, are now urged to adopt a proactive stance, fostering an environment that balances consumer protection and innovation.</p>&
Orbs Network Token ($ORBS) Gains Listing on India’s Most Compliant Exchange, CoinDCX
<p>CoinDCX, one of India’s most valued and biggest crypto exchanges, <a href="https://twitter.com/CoinDCX/status/1748293423323587001" target="_blank" rel="follow">announced</a> the listing of Orbs Network’s native token, $ORBS, this Tuesday. The listing will allow the Indian exchange users to buy and
Regulated Brokers Are Expanding to Prop Trading, but Keeping It Offshore
<p dir="ltr">Prop trading is becoming very popular among traders despite all the controversies around the model. While many dedicated companies are already operating in the space, many reputed brokers are now jumping in. OANDA is the latest one to launch prop trading under the brand, OANDA Labs Trader. </p><p dir="ltr&
Nexo AG Files $3 Billion Arbitration Claim against Bulgaria
<p>Nexo AG and its subsidiaries have initiated legal action against the Republic of Bulgaria, filing an International Centre for Settlement of Investment Disputes arbitration claim exceeding $3 billion. The claim alleges damages and lost opportunities resulting from what Nexo describes as wrongful and politically motivated actions by Bulgaria
Equals Group Extends Takeover Deadline amid London Fintech Exodus
<p>The London-listed fintech Equals Group has prolonged the 'put-up-or-shut-up' deadline for a potential takeover, adding to the trend of firms departing London's markets. The AIM-listed payments firm initiated a 'strategic review' in November and entered into talks with the US-based private equity group Madison Dearb