Hedge funds increase bearish bets on whether Opec meeting will boost oil prices

Hedge funds have slashed their bets on oil prices to their most bearish in 20 weeks, throwing up a big hurdle to Opec\'s efforts to support prices as it prepares to meet later this month.

ENHANCE BROKER-TRADER ENGAGEMENT WITH NEW WHATSAPP ALERTS FROM AUTOCHARTIST

In a continuing effort to streamline engagement between brokers and traders, Autochartist has expanded on its promise with automated WhatsApp alerts on market insights.

DEVEXPERTS AND FX BLUE JOIN FORCES TO PROVIDE BROKERS WITH A READY-MADE TRADING SOLUTION

In a strategic move, Devexperts, the brains behind DXtrade, a pre-packaged trading platform with an open API, has entered into a partnership with FX Blue, a global FinTech solutions provider for CFD and spread betting brokers.

LIGHTYEAR ADDS SPANISH STOCKS TO ITS TRADING OFFERING

“We’re seeing more and more Spanish investors fighting inflation by moving idle cash from banks and investing in financial instruments such as stocks and funds to diversify their portfolios. However, still too few Spaniards invest, not least because of th

USD/JPY Nears Thirty-Year Peak As US Inflation Data Loom

The Japanese Yen was lower against the US Dollar in Europe and Asia on Monday with USD/JPY set for a fourth straight day of gains and, more pertinently, closing in on 2022’s thirty-year peaks.

Fiscal Crossroads: The Impact of Treasury Woes and Moody\'s Warning on the US Market

A negative fiscal trajectory may lead to increased interest rates and reduced government spending options, constraining the economy. The political discord in Washington, evidenced by the threat of a government shutdown, adds another layer of uncertainty.

FX Markets Brace for Influx of Proprietary Trading Firms in 2024

In a proactive move signaling confidence in the financial markets, proprietary trading firms globally are poised to scale up their foreign exchange (FX) trading activities and boost investment budgets in 2024. This development stems from findings in the l

dxFeed Names Bruce Traan as Global Head of Indices

dxFeed, a leading provider of data services for the Capital Markets industry, announced theappointment of Bruce Traan as its new Global Head of lndices. With over two decades ofexperience in the financial industry and a proven track record of success in i

Binance to Stop Russian Ruble Deposits and Withdrawals.Prepares lts Full Exit from Russia

Crypto exchange giant Binance officially announced last Friday (November 10) that it will stopaccepting Russian ruble deposits starting from November 15, 2023, and is expected toterminate ruble withdrawals on January 31, 2024.

South Korean Crypto Exchange Bithumb to Go Public in 2025

South Korean crypto exchange Bithumb is preparing for an initial public offering (IPO) on theKosdaq, a trading board of Korea Exchange (KRX) in South Korea, and is expected to gopublic in the second half of 2025

WEEKLY DATA: OIL AND GOLD

Japanese preliminary GDP growth at 11:50 PM GMT where the annualized figure is expected to drop from 4.8% to -0.6% and the quarterly figure from 1.2% to -0.1%. If these expectations are confirmed then the Japanese Yen might witness some short term losses

BANK OF ENGLAND INITIATES FINANCIAL STRESS TEST: CITY FIRMS TO ASSESS BOND MARKET SHOCK IMPACT

In a move to fortify the financial system’s resilience, the Bank of England has directed over 50 City institutions to model the repercussions of a significant bond price fluctuation triggered by an intense geopolitical shock. This marks the central bank’s

GLOBAL ECONOMIC ANALYSIS TRENDS AND CHALLENGES IN OCTOBER 2023

In October, global demand remained lacklustre, as the global composite Purchasing Managers’ Index (PMI) declined from 50.5 in September to 50.0 in October.

ASSESSING GLOBAL FINANCIAL TRENDS AND ECONOMIC OUTLOOK

As we anticipate the conclusion of the current economic expansion within 12-18 months, there’s optimism surrounding a softer landing scenario this year. The Federal Open Market Committee (FOMC) maintained its position last week, despite robust Q3 GDP grow

NAVIGATING THE U.S. DOLLAR’S TRAJECTORY AND EMERGING MARKET DYNAMICS

For example, I anticipate that the Chilean peso will underperform due to rapid monetary easing and efforts to rebuild central bank foreign exchange reserves. In addition, I foresee a weakening of currencies in Colombia and Brazil, with the Colombian centr