WIKIFX REPORT: Solana (SOL) accounts now available on margin trading platform Evolve Markets
Evolve Markets, a crypto-denominated margin trading platform, announced today that Solana (SOL) accounts and deposits are now available on its web trading app and MetaTrader 5.
WIKIFX REPORT: TRADE NATION ANNOUNCE NEW DONATIONS TO THE ESSEX CRICKET FOUNDATION
Essex Cricket is excited to announce that our gratifying cooperation with Trade Nation will continue. Trade Nation has pledged their support for the Club's charitable foundation this year. At the conclusion of the season, the top trading services provider will donate £50 for each "6" hit by the players throughout all competitions.
WIKIFX REPORT: FBS Broker Releases New Partner area for its IB Program users
An internationally acclaimed broker, FBS, released updates to its award-winning Introducing Broker program. The broker added features that allow tracking statistics, new promotional materials and made the design more intuitive. In addition, partners can now attract clients to trade and enjoy the FBS applications.
How to Start a Forex IB Business: 5 Things to Learn
Starting a Forex IB business can significantly impact your financial well-being as well as the livelihood of those you influence. Smart individuals who want to earn an alternate source of income know there’s always one way of taking things to the next level. If you’re an expert in offering value-added services to your buddy network, a Forex IB role can be a great fit for you!
3 Best Investment Ideas to Make a Profit from Inflation
Several countries are experiencing higher inflation than they did 40 years ago. A rise in inflation can be detrimental to society as basic necessities get more expensive. If you ask the financial sector for advice on how to avoid going bankrupt, they will probably suggest investing. The reason is that, by investing, you can even out your wealth and gain profit from inflation, protecting your purchasing power.
Knowing about Follow Trend Strategy and The Tricks
One of the methods which is usually done through this follow trend strategy is by waiting the price until it touches a trendline. This is used to execute an order In a forex market.
Mohicans markets ：Hawk speech lost to panic, crude oil awaits OPEC+ meeting
09:45 China's July Caixin service industry PMI, previous value 54.5, expected value -- , announced value: to be released 14:00 Germany's June seasonally adjusted trade account (100 million euros), previous value -10, expected value -20, announced value: to be released 14:00 Germany's June unadjusted trade account (100 million euros), previous value 5, expected value -- , announced value: to be released 16:30 UK Markit service industry PMI final value in July, previous value 53.3, expected val
Mohicans markets ：Fed officials' firm rate hike rhetoric boosts dollar, waits for OPEC+ meeting, or resists calls to increase output
U.S. bond yields soar as Fed official says fight against inflation is not over Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence
GemForex - USD/JPY
USD/JPY: The Yen consolidates ahead of an uncertain week
The Best Pair of Forex Exchange That You Should Know
Many people are interested because it’s the most liquid in the world. There are a lot of pairs of exchanges in this market. So, traders should choose the best one. In this market, traders should sell and buy pairs of forex.
eToro Announces Partnership Extension with AS Monaco
eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.
Mohicans markets :Fed officials' firm rate hike rhetoric boosts dollar, waits for OPEC+ meeting, or resists calls to increase output
Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence that inflation has peaked before ending the rate hike cycle. U.S. Treasury yiel
WIKIFX REPORT: TRADING SIGNALS: THE FEDS' DECISION ON THE INTEREST RATE
The Federal Reserve announced that it’s raising interest rates 0.75 percentage points, following its July 26-27 meeting, bumping the federal funds rate to a target range of 2.25 to 2.50 percent.
WIKIFX REPORT: S&P 500, Nasdaq register biggest monthly gains since 2020
U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple AAPL.O and Amazon.com AMZN.O , and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.
WIKIFX REPORT: PRICE OF INTEREST: HOW DO INTEREST RATES AFFECT PRICES OF COMPANIES' SHARES
Higher interest rates tend to negatively affect earnings and stock prices (with the exception of the financial sector). Higher interest rates also mean future discounted valuations are lower as the discount rate used for future cash flow is higher.
WIKIFX REPORT: Nigeria spent $3.8 bln on fuel subsidies to June - NNPC document
Some years back, Petrol subsidy payments grew by 349.42 per cent from N350 billion in 2019 to N1. 573 trillion in 2021, propelled by the rising price of crude oil in the international market and the falling value of the Naira.
WIKIFX REPORT: Hungary to allow companies to pay corporate taxes in euros or dollars
Remember that, regarding gas issues Hungary has discounted the price of gasoline at the pump. But not if you have a foreign license plate. It’s also taxing what it calls “extra profits” of industries including airlines, with carriers like Ryanair and EasyJet increasing ticket prices to cope.
WIKIFX REPORT: Gold Will Keep Well-Positioned despite Commodities Breakdown
Gold price is extending its winning streak into a fifth trading day on also Commodity indexes have been offering some high returns during the first half of the year despite major sectors tanking. The BCOM index managed to gain around 33% between January and June 2022.
WIKIFX REPORT: Euro FX Futures ( 6E1! ), H4 Potential For Bullish Momentum
On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement .
WIKIFX REPORT: EU Inflation Breaks to a New High, Driving Higher Recession Risks
The risk of a euro-area recession is growing as the likelihood of natural gas shortages rises and inflation remains at record levels, Annual inflation in the Eurozone in July accelerated to 8.9%, showed a report released on Friday.
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