Category: Markets

Fed policymakers support hikes above 5% despite dropping inflation levels

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Policymakers at the US Federal Reserve are advocating for more hikes in interest rates. Several policymakers are supporting a hike of at least 5% despite inflation showing signs of easing and slowing economic… Continue reading Fed policymakers support hikes above 5% despite dropping inflation levels

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Interactive Brokers posts its best quarterly results as net revenues hit $976 million

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Interactive Brokers Group has reported $1.31 per share earnings during the fourth quarter of 2022. The Q4 results marked the best three months the company has had in terms of quarterly profits. Interactive… Continue reading Interactive Brokers posts its best quarterly results as net revenues hit $976 million

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Tradesmarter integrates WordPress plugin WowTrader

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tradesmarter is making it possible for financial service providers to provide access to WowTrader. The trading technology provider will offer WowTrader as a WordPress plugin with paper trading functionality. Tradesmarter integrates WowTrader Tradesmarter… Continue reading Tradesmarter integrates WordPress plugin WowTrader

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Joe Bond becomes the new SVP of FX sales for the UK and Jersey at Citi

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Citigroup, an investment bank and financial services provider based in New York, has promoted Joe Bond to the Senior Vice President of FX Sales for the UK and Jersey. Bond has been the… Continue reading Joe Bond becomes the new SVP of FX sales for the UK and Jersey at Citi

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Robinhood launches a financial news subsidiary known as Sherwood Media

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood, a financial services company based in California, has announced that it will expand its business. Robinhood is planning to launch a platform where users can access financial news. The new platform will… Continue reading Robinhood launches a financial news subsidiary known as Sherwood Media

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Gold prices could rally to record highs as the pressure on interest rates eases

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Gold prices can rally towards record highs of over $2000 per ounce during the year. However, the recovery towards these levels will not be smooth as some turbulence could be witnessed when the… Continue reading Gold prices could rally to record highs as the pressure on interest rates eases

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Microsoft is widening access to ChatGPT amid plans to invest in OpenAI

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Microsoft has said that it is broadening access to ChatGPT, a chatbots that has become increasingly popular across the internet. ChatGPT is a chatbots created by OpenAI, and there are rumors that Microsoft… Continue reading Microsoft is widening access to ChatGPT amid plans to invest in OpenAI

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Tesla under scrutiny in Germany amid concerns about working hours

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tesla is under scrutiny by the German Union IG Metall. The union held its annual news conference saying that the workers at the Tesla Brandenburg plant were working long hours and had little… Continue reading Tesla under scrutiny in Germany amid concerns about working hours

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Asian stocks pumps as China reopening boosts investor confidence

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Asian stocks have been rallying despite concerns of the Bank of Japan’s pivotal meeting that will be held this week. The stocks have been on a steady recovery due to China’s reopening and… Continue reading Asian stocks pumps as China reopening boosts investor confidence

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Bank of Japan’s YCC policy backfires as pressure for interest rate hike grows

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bank of Japan is being pressured to change its policy on interest rates. The pressure comes as part of an attempt by the central bank to buy more time backfired as December… Continue reading Bank of Japan’s YCC policy backfires as pressure for interest rate hike grows

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