Archives
Europe: A new corporate tax could raise €10 billion a year
June 12th, 2020
A new corporate tax could raise €10 billion a year to help fund stimulus plans while amounting to less than 0.2% of turnover of large companies that benefit from the European Union’s single market, the bloc’s executive said on ...
European stocks fell sharply Thursday; The biggest movers
June 11th, 2020
European stocks fell sharply Thursday as investors digested the latest comments from the U.S. Federal Reserve and fears of a second wave of coronavirus infections. The pan-European Stoxx 600 dropped 2.9% by the afternoon, with autos plunging 5.5% as ...
Fondex expands its global presence by acquiring FSA Seychelles license
June 9th, 2020
Multi-award winning Forex and CFD broker, Fondex, announces the opening of a new entity, Fondex Limited, along with the acquisition of a new license by the Seychelles Financial Services Authority (FSA SC). Established in 2017, and acquiring its CySEC ...
cTrader Brokers Can Now Connect to Gold-i’s Matrix NETwork
June 9th, 2020
Brokers using Spotware’s FX and CFDs trading platform, cTrader, can now connect to Gold-i’s Matrix NETwork to access a wide range of multi-asset liquidity and utilise Gold-i’s advanced liquidity management tools. Through the Gold-i Matrix, cTrader brokers can access ...
Euro area unemployment at 7.3%
June 5th, 2020
In April 2020, the second month after COVID-19 containment measures were implemented by most Member States, the euro area seasonally-adjusted unemployment rate was 7.3%, up from 7.1% in March 2020. The EU unemployment rate was 6.6% in April 2020, ...
Euro hits 3-month high on Friday
June 5th, 2020
The euro jumped to a three-month high on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The ECB’s move supported appetite ...
The UK financial markets regulator bars Cyprus Investment Firms
June 4th, 2020
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that has taken action to stop four Cypriot investment firms from continuing to offer ...
UPDATE: Emerging market currencies and Latam stocks
June 4th, 2020
Brazil’s real surged on Wednesday after industrial output in the country fell less than expected, while Latin American stocks surged as major global economies were seen recovering from the coronavirus’ economic rout. The real rose 2.4% to a near ...
cTrader Desktop 3.8 boasts new drawing features, indicators and further platform customisation tools
June 2nd, 2020
Spotware, the award-winning financial technology provider, has announced the release of cTrader Desktop 3.8 version. This version comprises highly-requested drawing features, such as the ability to lock and hide individual and a series of drawings, as well as the ...
CySEC reached a settlement with a Cyprus Investment Firm for possible violations
June 1st, 2020
The Cyprus Securities and Exchange Commission (CySEC) has announced that has reached a settlement agreement with a Cyprus Investment Firm (CIF) regarding possible violations of the relevant legislation. In accordance with the CySEC’s Board decision dated 09th of March ...
