Economy
Exclusive: Adam Collins named EMEA Head of FX Sales at LSEG FX
FNG Exclusive… FNG has learned that London Stock Exchange Group plc (LON:LSEG) has named Adam Collins as EMEA Head of FX Sales at its LSEG FX unit. Adam Collins joined LSEG via its 2021 acquisition of Refinitiv, where he was Head of Sales – FX Solutions Europe. Before...
Hargreaves Lansdown’s director Moni Mannings joins Board of the Co-operative Group
Hargreaves Lansdown plc (HL) confirms that Moni Mannings, a Non-Executive Director of HL, has been appointed to the Board of the Co-operative Group as an Independent Non-Executive Director and Senior Independent Director with effect from January 2, 2024. Moni Mannings...
HKEX welcomes Xing Guiwei to its Risk Management Committee
Hong Kong Exchanges and Clearing Limited (HKEX) welcomes Xing Guiwei, the new chairman of Hong Kong Interbank Clearing Limited (HKICL), to its Risk Management Committee (statutory) (RMC). His appointment is in accordance with the Securities and Futures Ordinance. Xing...
eToro announces Tangany as new crypto custodian for customers in Germany
eToro Germany has announced that the custody of crypto assets for eToro customers in Germany will be handled by Tangany GmbH. Tangany is a Munich-based crypto custody service provider supervised by the German Federal Financial Supervisory Authority (BaFin). As of...
Plus500 announces passing away of Sigalia Heifetz
Forex and CFD broker Plus500 Ltd (LON:PLUS) announces that Sigalia Heifetz, Non-Executive Director, passed away on 30 December 2023. Sigalia Heifetz The company stated: “The Board and colleagues from Plus500 would like to share their deepest condolences with Sigalia’s...
Publicly traded FX/CFD brokers see shares flat in 2023, but with (very!) mixed results
As we ring in the new year and look back at 2023, a good barometer of what has been going on overall in the global FX and CFDs brokerage sector is taking a look at the publicly traded brokers, and how their shares have performed. While the vast majority of the...
FX week in review: TibiGlobe launch, NAGA fined €150K, INFINOX record Revenues, Fxview hires
It was an abbreviated news week over the holiday season, but there were still some fairly interesting items to report as we closed out a very eventful 2023 in the FX and CFDs trading industry. Who is behind the launch of new Cyprus based (and South Africa licensed)...
Japanese index became the best-performing stock index in Asia :: InvestMacro
By JustMarketsAt yesterday’s stock market close, the Dow Jones Index (US30) increased by 0.14%, while the S&P 500 Index (US500) was up by 0.04%. The NASDAQ Technology Index (US100) closed negative by 0.03% on Thursday. The Dow Jones Industrials (US30) and...
Year of Record Highs :: InvestMacro
By ForexTimeThis year has seen its share of surprises and shockers, to say the least.Investors and traders had to battle with a US and European banking crisis in March, the outbreak of the Israel-Hamas war in October, all while contending with the uncertainties over...
Ichimoku Cloud Analysis 29.12.2023 (EURUSD, XAUUSD, NZDUSD) :: InvestMacro
By RoboForex.comEURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.1040 is expected, followed by a rise to 1.1235. An...
BGC Group updates Q4 2023 outlook
Global brokerage and financial technology company BGC Group, Inc. (NASDAQ:BGC) today announced that it has updated its outlook for the quarter ending December 31, 2023. BGC expects to be around the high-end of its previously stated outlook ranges for revenue and...
CySEC reaches €150k settlement with NAGA Markets Europe
The Cyprus Securities and Exchange Commission (CySEC) has reached a €150,000 settlement with NAGA Markets Europe. The meeting where the regulatory decision was made took place in March 2023. However, the decision was announced today. The settlement is in accordance...
CFl’s 2024 Outlook: Navigating the End of Inflation and a Surge in Equity Markets
Given the recent trends across markets this year, how could 2024 play out based solely on well-educated expectations? CFI reveals seven well-reasoned ideas of how the global markets could look in 2024. CFI Financial, the leading online trading provider in the MENA...
How Red Sea attacks on cargo ships could disrupt deliveries and push up prices – a logistics expert explains :: InvestMacro
By Gokcay Balci, University of Bradford Attacks on international cargo ships in the Red Sea from Houthi-controlled Yemen have seen several cargo vessels hit by missiles and drones in recent days.In response, global shipping companies and cargo owners – including some...
TradeStation updates its mobile trading app
TradeStation has released version 7.7.3 of the TradeStation – Trade & Invest app for iOS-based devices. The solution comes equipped with a raft of enhancements. Options Chain Customization: Introducing the ability to customize the number of strikes displayed on...
The decline in global bond yields supports stock indices :: InvestMacro
By JustMarketsAt yesterday’s stock market close, the Dow Jones Index (US30) added 0.30%, while the S&P 500 Index (US500) was up by 0.14%. The NASDAQ Technology Index (US100) closed positive by 0.16% on Wednesday. A decline in global bond yields is lending support...
Interactive Brokers introduces Tax Loss Harvest tool to its retail traders
Electronic trading major Interactive Brokers has introduced the Tax Loss Harvest tool to its retail traders. Traders can use this tool to realize the tax benefits of both long- and short-term capital losses more easily. To open the tool, right-click a position and...
Solana pulling back after stunning 2023 rally! :: InvestMacro
By ForexTime Solana skyrocketed by as much as 1155% this yearTechnical pullback warranted after such eye-watering gainsThis crypto still holds year-to-date gains of about 950% despite recent dropSolana likely surged as crypto sector recovers from FTX/SBF saga, amid...
Valdas Dapkus and Tradewale ordered to pay $2.8M for Retail FX fraud scheme
U.S. derivatives market regulator Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the District of New Jersey issued a default order of final judgment against Illinois-based Valdas Dapkus on November 28. On May 4, the court...
Top FX and CFD trading industry news stories of 2023
Amid the backdrop of fairly strong equity markets globally, continued inflation, but fairly stable cross-currency rates, the online trading FX and CFDs industry had a fairly good year overall in 2023. However, as we’ve seen previously, it was a very...
TradingView introduces Stock screener, Crypto coins screener, and ETF screener
TradingView is introducing its new products: Stock screener, Crypto coins screener, and ETF screener. They’re built based on traders’ feedback, so they offer unmatched speed, functionality, and screening capabilities. You can find them in the main menu: click Products...
FCA warns against clone of XTB
The UK Financial Conduct Authority (FCA) today issued a warning against a clone of online brokerage XTB. Clones are fraudulent entities that abuse the details (address, license, logo, etc) of authorized firms in order to lure potential victims more easily. Clones have...
Monex to acquire majority stake in digital asset manager 3iQ
Tokyo-based online trading company Monex Group, Inc. (TYO:8698) will acquire the majority stake of 3iQ Digital Holdings, Inc., a pioneer in crypto asset management in Canada. 3iQ, which is licensed in Ontario, Canada, recently unveiled a groundbreaking development –...
CySEC reaches €50k settlement with BCM Begin Capital Markets
The Cyprus Securities and Exchange Commission (CySEC) today announced a €50,000 settlement with BCM Begin Capital Markets. CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, may reach a settlement agreement regarding any violation...
FINRA imposes $5.5M fine on LPL Financial
LPL Financial LLC has agreed to pay a $5.5 million fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2012 to August 2019, LPL failed to reasonably supervise transactions that the firm’s registered representatives...
Exclusive: Todor Georgiev leaves FXGlobe for COO role at Traders Trust
FNG Exclusive… FNG has learned that experienced FX industry executive Todor Georgiev has joined Cyprus based Retail FX and CFDs broker Traders Trust, as Chief Operations Officer (COO). Todor Georgiev joins Traders Trust from rival broker FXGlobe, where he was also...
Credit Suisse pays $3.9M fine for misconduct by its relationship managers in Singapore
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $3.9 million on Credit Suisse AG for its failure to prevent or detect misconduct by its relationship managers (RMs) in the Singapore branch. The RMs had provided clients with inaccurate or...
Oil rises in price amid rising geopolitical risks in the Middle East. Santa Claus rally supports broad market :: InvestMacro
By JustMarketsAt yesterday’s stock market close, the Dow Jones Index (US30) was up by 0.43%, while the S&P 500 Index (US500) added 0.42%. The NASDAQ Technology Index (US100) closed positive by 0.54% on Tuesday. Stocks rose on Tuesday in leisurely holiday trading...
Brent oil eases lower on “death cross” :: InvestMacro
By ForexTimeFed pivot, geopolitical fears have fuelled oil’s recent reboundBrent’s 50-day SMA now crossing below 200-day counterpartSuch a “death cross” could signals declines ahead for oil pricesAfter the last “death cross” in Sept 2022, Brent fell by a further 21%...
Why the S&P 500 tends to climb this time of year? :: InvestMacro
By ForexTime SPX500_m pushing higher today to kick off “Santa Rally” period“Santa Rally” period typically refers to last trading week of December and first 2 trading days of new yearS&P 500 has climbed in 4 out of the past 5 “Santa Rally” periodsUS stocks soared...
Exclusive: CFDs broker TibiGlobe launches, headed by Marinos Vassiliou (CEO) and Eleni Nicolaou (Partnerships)
FNG Exclusive… FNG has learned that a new Retail FX and CFDs brokerage brand has launched, called TibiGlobe (website tibiglobe.com). TibiGlobe offers trading on the MT5 platform and is run mainly from Cyprus, but operates as a South Africa regulated entity, with an...
Exclusive: Fxview hires Tickmill exec Christoforos Panagiotou as Africa Regional Manager
FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker has continued on its recent hiring spree, adding Christoforos Panagiotou as Africa Regional Manager. Christoforos Panagiotou joins Fxview from Tickmill, where he worked for the past seven years...
INFINOX reports record Revenues of $130M for FY2023
Online trading provider INFINOX Capital Ltd (UK) has announced that it has maintained steady financial performance in fiscal 2023 (year ended March 31), with Revenues of £15.7 million (2022: £17.1 million), whilst the INFINOX brand globally reported record Revenues of...
Exclusive: Velocity Trade gets Singapore MAS Capital Markets Services license
FNG Exclusive… FNG has learned that Canada based broker Velocity Trade has continued on its global march, receiving approval late last week for a Capital Markets Services license in Singapore, from local regulator MAS. Will Robbins Velocity Trade has been ramping up...
Exclusive: Fxview hires Orbex exec Feras Mahmoud to head Risk Management
FNG Exclusive… FNG has learned that Retail FX and CFDs broker Fxview has hired Cyprus based executive Feras Mahmoud, as the company’s new Head of Risk Management. Feras Mahmoud joins Fxview from rival broker Orbex, where he spent the past six years, as Head of...
Steel, DowJones, Soybeans & Bonds lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on December 19th.This weekly Extreme Positions report highlights the Most Bullish and Most...
FX week in review: NAGA Group sold, Prospero Markets loses license, eToro Italy head
Which Retail FX and CFD brokerage operator is merging with NAGA Group, and in the process taking over 75% ownership in the combined company? Why did Australia based, China-focused Retail FX and CFDs broker Prospero Markets have its ASIC AFS license suspended? Who is...
StoneX enables Swift’s new solution for cross-border payments
Clients of StoneX’s payments business, StoneX Payments, will benefit from the adoption of Swift’s pre-payment validation technology. Swift recently introduced its Payment Pre-validation service, which allows for the verification of beneficiary account details before...
USDInd breaks down ahead of US inflation data :: InvestMacro
By ForexTimeUSDInd now trading at lowest since end-JulyHoliday season tends to see lighter trading activityStill, today’s US inflation data release could trigger a pre-Christmas move for the greenbackSofter-than-expected PCE deflators may send USDInd sharply lowerThe...
BarnBridge DAO, founders to pay over $1.7M to settle SEC charges
The Securities and Exchange Commission (SEC) today announced that BarnBridge DAO, a purportedly decentralized autonomous organization, and its two founders, Tyler Ward and Troy Murray, will pay more than $1.7 million to settle charges that they failed to register...
How government payments to the vulnerable can multiply to create economic growth for everyone :: InvestMacro
By Conrad Nunnenmacher, United Nations University; Franziska Gassmann, Maastricht University, and Julieta Morais, United Nations University The economic fallout of COVID-19 left people around the world facing a significant threat to their livelihood. As governments...
Estonian c-bank fines Bigbank AS
Eesti Pank, the central bank of the Republic of Estonia, today issued a notice to Bigbank AS regarding a violation of the mandatory reserve requirement and imposed a fine of 10,430.53 euros. According to the notice, the average balance of Bigbank AS’s reserve account...
4 business lessons from the Boston Tea Party :: InvestMacro
By Jay L. Zagorsky, Boston University December 2023 marks the 250th anniversary of the Boston Tea Party, one of the most famous events leading up to the Revolutionary War. On the night of Dec. 16, 1773, Colonists marched aboard three ships and threw more than 90,000...
Paxos expands to Solana blockchain
Blockchain and tokenization infrastructure platform Paxos today announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform. Previously exclusive to Ethereum, this initiative represents a significant milestone for the innovation and...
Japan sees inflationary pressures easing. Angola leaves OPEC+ :: InvestMacro
By JustMarketsAs of Thursday’s stock market close, the Dow Jones Index (US30) was up by 0.87%, while the S&P 500 Index (US500) added 1.03%. The NASDAQ Technology Index (US100) closed positive by 1.26% on Thursday. Thursday’s US Q3 GDP reports and the Philadelphia...
Exclusive: 4T Markets posts £300K loss in first full year of operation FY2023
FNG Exclusive… FNG has learned that London based Retail FX and CFDs broker 4T Markets Limited posted a net loss of £300,000 in fiscal year 2023 (year ended March 31), its first full year of operation under its new brand. As was also exclusively here at FNG, the FCA...
Plus500 proposes changes to terms of proposed election of Anne Grim
Online trading company Plus500 Ltd (LON:PLUS) announces an update to the terms of the proposed election of Ms. Anne Grim as a director in the company, such that she will now be put forward for election as an Independent Non-Executive Director for a one-year term,...
Number of unauthorized investment websites blocked in Italy reaches 1,000
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five new unauthorized investment websites, with the total reaching 1,000. This milestone has been reached in just over four years of commitment, after in the latest “squeeze”...
CFI launches Beta Version of its in-App AI Trading Assistant
Leading MENA based broker CFI has announced the launch of the Beta Version of its in-App AI Trading Assistant. CFI first announced an AI-based trading automation tool, Capitalise AI, earlier this year that helps traders automate strategies without the need to have...
HSBC obtains approval of Canadian MoF for sale of HSBC Canada to RBC
HSBC Holdings plc today posted an update on the sale of its business in Canada (HSBC Canada) to Royal Bank of Canada (RBC), subject to regulatory and governmental approvals. On 21 December 2023 the Canadian Federal Government’s Minister of Finance approved the sale,...
Prospero Markets has its ASIC AFS license suspended
Following our FNG Exclusive report from last month that Australia police had raided the offices of ASIC licensed Retail FX and CFDs broker Prospero Markets, as part of a wider action taken against a China based money laundering ring, Australia financial regulator ASIC...
Match-Trader platform December updates include social trading take-profit, blockchain verification features
Cyprus based trading platform and tech solutions provider Match-Trade Technologies has unveiled a number of enhancements made during the month of December 2023 to its Match-Trader multi-asset trading platform, which include an array of solutions tailored for FX and...
Circle secures conditional DASP registration in France
Fintech firm Circle today announced receipt of a conditional registration as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority (AMF). Circle has also announced the selection of payments industry veteran Coralie Billmann to spearhead...
Hedge funds and large investors are locking in positions ahead of the Christmas holidays :: InvestMacro
By JustMarketsAs of Tuesday’s stock market close, the Dow Jones Index (US30) decreased by 1.27%, while the S&P 500 Index (US500) was down by 1.47%. The NASDAQ Technology Index (US100) fell by 1.50%. Stocks went up first on Wednesday, with the S&P 500...
Cboe to offer daily expiries for Russell 2000 Index options suite
Cboe Global Markets, Inc. today announced it plans to launch Tuesday and Thursday-expiring Russell 2000® Index weekly (RUTW) options and Mini-Russell 2000® Index weekly (MRUT) options, beginning Monday, January 8, 2024. With these new listings, Cboe expands its...
Jap225_m squeezed into “symmetrical triangle” :: InvestMacro
By ForexTimeJapan’s benchmark stock index pares post-BoJ gainsThis index could be en route to “5th distinct touch”Friday’s Japan’s CPI release may be next volatility trigger Jap225_m, has not been immune from the pullback seen across global stocks over the past 24...
Diego De Giorgi to assume role of StanChart CFO on Jan 3, 2024
Diego De Giorgi will succeed Andy Halford as Standard Chartered PLC’s Group Chief Financial Officer with effect from 3 January 2024. Andy Halford will step down from the Board and as GCFO on 2 January 2024 and will continue as a Senior Adviser to the Group until his...
Belgium’s FSMA warns against BTC20.com
Belgium’s Financial Services and Markets Authority (FSMA) has issued a warning against the website marketing the BTC20 virtual currency. The FSMA has become aware of the website https://btc20.com, which distributes the BTC20 virtual currency. Btc20.com indicates that...
Options appoints ex-Fixnetix exec Jenni Sellick as VP, Legal and Commercial Manager
Capital markets services provider Options Technology today announced the promotion of Jenni Sellick to the position of Vice President, Legal and Commercial Manager. The appointment comes as part of Options’ long-term succession strategy and follows Claire Mckillen’s...
Fund distribution looms in investor lawsuit against FXCM Inc
Several months after the New York Southern District Court approved a $6.5 million settlement in the class action lawsuit against FXCM Inc (now known as Global Brokerage Inc), a fund distribution seems closer. On December 20, 2023, Class Representatives Shipco...
Interactive Brokers expands its menu of investment products
Electronic trading major Interactive Brokers has recently expanded the offering available via the IBKR platform. Traders are invited to visit the Products, Exchanges and Contracts search tool from the Trading > Product and Exchange Search menu on the IBKR website....
XS.com hires Fabian Frantz from INFINOX for South Africa BizDev
Retail FX and CFDs broker XS.com has announced another addition to a long list of new hires, hiring Cape Town based executive Fabian Frantz to the role of Business Development Director for its operations in South Africa. He will be reporting directly to Group Chief...
FlexTrade, LSEG partner on fully integrated FX solution
FlexTrade Systems, a provider of multi-asset execution and order management systems, and LSEG today announced a partnership to deliver FlexTRADER EMS clients seamless access to FXall, LSEG’s leading electronic trading platform for global currency products. The move is...
Refinitiv Transaction Services to pay $3.5M fine as part of settlement with Quebec’s AMF
Quebec’s Financial Markets Authority (AMF) has reached an agreement with Refinitiv Transaction Services Pte. Ltd. pursuant to which the latter will pay an administrative monetary penalty in the amount of $3,500,000 for having carried on business as an exchange in...
iSAM Securities’ new Crypto Margin Facility – chat with Sam Johnson
FNG Exclusive Interview… This September, London based prime-of-prime broker and liquidity solutions provider iSAM Securities made a leap into the world of cryptocurrency with the launch of its cutting-edge Crypto Margin Facility, enabling clients to deposit digital...
EBS NDF trading to move to single liquidity pool
Starting October 2024 EBS NDF trading will move to a single liquidity pool. This consolidation will drive trading and operational efficiencies for the FX marketplace by creating a unified global liquidity pool for NDF trading on EBS. The move will consolidate the...
Avinash Singh and Highrise Advantage hit with $102M forex fraud judgment
U.S. derivatives market regulator The Commodity Futures Trading Commission (CFTC) has announced that Judge Carlos E. Mendoza of the U.S. District Court for the Middle District of Florida issued a default judgment granting a permanent injunction and imposing monetary...
MT5 platform beta build 4120 enables trading report export, introduces new MQL5 functions
Fintech company MetaQuotes will release beta build 4120 of the MetaTrader 5 platform on Thursday, December 21, 2023. The new version provides the ability to save trading reports as HTML and PDF files. With this option, you can easily share your trading achievements...
ICE reports record liquidity across its global natural gas futures markets
Intercontinental Exchange, Inc. (NYSE:ICE) today announced record liquidity across its global natural gas futures markets, including record open interest in ICE’s Henry Hub natural gas futures market. On December 18, 2023, ICE reached record open interest of 20.2...
China kept interest rates at current levels. The conditions for a rally have formed again for oil :: InvestMacro
By JustMarketsAs of Tuesday’s stock market close, the Dow Jones Index (US30) was up by 0.68%, while the S&P 500 Index (US500) added 0.59%. The NASDAQ Technology Index (US100) closed positive by 0.66%. Meanwhile, the Dow Industrials (US30) and NASDAQ (US100)...
Virgin Money appoints Lucinda Charles-Jones as Non-Exec Director
Virgin Money today announced the appointment of Lucinda Charles-Jones as an independent Non-Executive Director of the company with effect from 22 January 2024. Once a transition and handover period are completed, she will replace Darren Pope as Chair of the...
Can Crude break out of downtrend? :: InvestMacro
By ForexTime Fed pivot last week sparked oil price recovery; extended by Red Sea disruptionsCrude now testing resistance at downward trendlineElliot Wave: correction wave now underway“Death cross” looms for crude oilTraders set to react to US crude stockpiles data...
Payoneer introduces new product features to help SMBs increase payment efficiency
Financial technology company Payoneer (NASDAQ:PAYO) announced new features to improve the customer experience and help entrepreneurs easily connect with the global economy. “SMBs trust us and grow with us because we’re constantly evolving to help them in ways that...
CFTC seeks entry of default against Lions of Forex
The Commodity Futures Trading Commission (CFTC) is pushing for an entry of default in its lawsuit against Lions of Forex LLC (LOF). In its motion, filed on December 19, 2023, the regulator explains that the Court should enter default against LOF for its failure to...
INFINOX expands payment options to include EMIs
Leading global online trading provider INFINOX has announced that it is expanding its payment options to include Electronic Money Institutions (EMIs). INFINOX said that this move, strategically timed as 2023 nears its conclusion, is designed to offer clients a secure,...
Janine Goodchild to step down as Capita Employee Director
The Board of Capita PLC has reviewed its constitution to ensure that it continues to be appropriate and has agreed that it will constitute seven directors, comprising the Chairman, two Executive Directors, and four Independent Non-Executive Directors. As a consequence...
John Cincotta to join Boards of Australia and New Zealand Banking Group and ANZ BH
John Cincotta will join the Boards of Australia and New Zealand Banking Group Limited and ANZ BH PTY LTD as a Non-Executive Director, effective 15 February 2024. Mr Cincotta was one of the founders of Barrenjoey Capital Partners in 2019 and since 2022 has been a...
HK regulator warns against LonShiX and Bitbank (Global) Financial Holding Group
Hong Kong’s Securities and Futures Commission (SFC) today issued a warning against “LonShiX” and “Bitbank (Global) Financial Holding Group”, suspected of engaging in fraudulent activities purporting to be related to virtual assets. The SFC notes that LonShiX claims to...
Mox Bank officially launches Mox Invest
Mox Bank Limited today officially launched Mox Invest, a new Mox service that aims to redefine the investment experience. The launch makes Mox the first virtual bank in Hong Kong to offer trading services for U.S. and Hong Kong equities, and, simultaneously, a fund....
Swiss FINMA publishes guidance on staking services
The Swiss Financial Market Supervisory Authority (FINMA) today published guidance on staking services. The guidance sets out FINMA’s supervisory practice. The focus is on protecting customers from the risk of the staking service provider falling into bankruptcy....
Quebec Court finds PlexCoin creator Dominic Lacroix guilty
Dominic Lacroix, creator of the virtual currency PlexCoin, and Yan Ouellet, director of information technology for the project when the alleged facts occurred, were found guilty by Québec Court Judge Steve Magnan. Dominic Lacroix and Yan Ouellet were charged with,...
Interactive Brokers makes new funds and fund families available
Electronic trading major Interactive Brokers has made new funds and fund families available at the Mutual Fund Marketplace. Recent additions include: Global Fund Families Abbakus AM Azimut Investments (LU) Charteris Treasury Portfolio Mgrs. Flossbach Von Storch...
IOSCO finalizes its DeFi Policy Recommendations
After earlier this year opening a public consultation to establish a global approach in addressing DeFi risks, the IOSCO – the umbrella international policy forum for securities regulators worldwide – has published its Final Report with Policy Recommendations for...
CME Group to expand its suite of short-term metals options
International derivatives marketplace CME Group today announced that it will expand its suite of short-term metals options to include Tuesday and Thursday expiries for Gold, Silver, and Copper, pending regulatory review. With the addition of these new Weekly...
Bank of Japan disappoints Yen bulls :: InvestMacro
By ForexTime Today, Bank of Japan offered zero guidance on rate hike in 2024USDJPY climbs well past 200-day SMAHigher-than-expected Japan CPI this Friday may see USJPY test 200-day SMA for supportLower-than-expected Japan CPI may see USDJPY test 21-day SMA for...
Coinbase Derivatives Exchange becomes available through Trading Technologies
Coinbase Derivatives Exchange today announced that its crypto futures products are now available through the TT platform from Trading Technologies International, Inc. (TT), a global capital markets technology platform provider. TT customers can now trade Coinbase...
Bank of Japan disappointed investors with no plans for 2024. Oil rises due to Houthi attacks on tankers in the Red Sea :: InvestMacro
By JustMarketsAt Monday’s stock market close, the Dow Jones Index (US30) added 0.01%, while the S&P 500 Index (US500) was up by 0.45%. The NASDAQ Technology Index (US100) closed positive by 0.61%. Meanwhile, the S&P 500 (US500) rose to a 23-month-high, the Dow...
Corpay Cross-Border opens new office in Chennai, India
Corpay’s Cross-Border business expands further with the opening of a new back-office support centre in Chennai, India. The newly established office in Chennai, Tamil Nadu, India, will function as a central service hub. Phase one encompasses seven critical business...
Top 4 global market risks for 2024 :: InvestMacro
By George Prior Investors are facing a myriad of uncertainties that pose substantial risks to the stability and performance of global markets – but as ever where there are risks there are also significant opportunities.Here, Nigel Green, the CEO and founder of deVere...
TradingView adds InnovestX to list of integrated brokers
TradingView welcomes InnovestX, a leading securities company in Thailand, to its list of integrated brokers. This marks TradingView’s first collaboration with a prominent broker based in Thailand. InnovestX, the financial and investment flagship of SCBX group, is...
Capex.com acquires NAGA Group in reverse merger
Retail FX and CFD brokers NAGA Group and Capex.com have announced a merger between the two groups, which will see Capex.com’s shareholders become majority owners of the combined company. While the merger is only expected to be completed in Q2 2024 (and is subject to...
CME fines Eagle Seven for alleged violations of NYMEX rules
International derivatives marketplace CME Group has posted a notice of disciplinary action as to Eagle Seven LLC. Pursuant to an offer of settlement in which Eagle Seven LLC neither admitted nor denied any rule violations or factual allegations,a Panel of the NYMEX...
Why empathy constitutes the ultimate leadership skill :: InvestMacro
By Julia Milner, EDHEC Business School When asked what traits constitute a good leader, you may be tempted to list traditional qualities such as rationality, cool-headedness, and overall, an ability to detach oneself from one’s emotions. However, research has shown...
Exclusive: Finyard launch – chat with CEO Dmitrij Pruglo
FNG Exclusive Interview… Following our exclusive report from last week that Finyard had just launched in Cyprus as a new FX & CFD broker technology platform provider – and had added a number of high profile executives to its roster including former XM and...
Phoenix Investment House leverages Broadridge’s OMS to drive institutional trading expansion
Phoenix Investment House, the capital market, brokerage, and fund management arm of Phoenix Holdings, has selected the Order Management System (OMS) of Broadridge (NYSE:BR) to drive expansion of international institutional trading on the Tel Aviv Stock Exchange...
Changer.ae Ltd launches its crypto custodian services in the UAE
Changer.ae Ltd, a crypto custodian service, today officially launched its platform, providing individuals globally with a reliable, convenient, and accessible wallet to safeguard and manage their digital assets. Changer is regulated by the Financial Services...
eToro names Massimo Citoni as Regional Manager for Italy
Retail FX and CFDs broker eToro has announced the appointment of Massimo Citoni as Regional Manager for Italy. In this role, Massimo will lead eToro’s operations in Italy, focusing on driving market growth and achieving operational excellence. His responsibilities...
USD transfers now available to Coinbase users in Singapore
USD transfers are now available for Coinbase users in Singapore. Singapore customers already enjoy commission-free trading today when buying or selling USDC with Singapore dollars (SGD). Now, with the introduction of commission-free trading for US dollars, customers...
EUR/USD Finds Stability :: InvestMacro
By RoboForex Analytical DepartmentOn Monday, the EUR/USD pair is demonstrating stability, trading around the 1.0910 mark.Last week was notable for the currency markets, as key financial updates were released. The Federal Reserve and the European Central Bank...
FCA says Premier FX’s customers should get apology, not additional compensation
Today, the UK Financial Conduct Authority (FCA) published its response to the Financial Regulators Complaints Commissioner’s Final Report into complaints from those affected by the collapse of Premier FX Limited in 2018. In what may be viewed as a rather cynical...
GBPUSD in for an early-Christmas cracker? :: InvestMacro
By ForexTimeGBPUSD has climbed about 4.9% so far in 2023UK, US economic data to offer clues on BOE vs. Fed’s 2024 rates planForecasted trading range: 1.2528 – 1.2788Sterling is the second-best performing G10 currency against the US dollar so far in 2023.At the time of...
IG North America appoints new CFO and CTO
IG US Holdings, Inc. (IG North America) announces today it has appointed a new Chief Financial Officer, effective immediately, and a new Chief Technology Officer, effective at the end of calendar year 2023. Isaac Poore will take up the role of CFO for IG North...
Investors are expecting a Santa Claus rally. The Eurozone economy is close to a recession :: InvestMacro
By JustMarketsAt Friday’s stock market close, the Dow Jones Index (US30) was up by 0.15% (+2.90% for the week), while the S&P 500 Index (US500) closed at its opening price (+2.74% for the week). The NASDAQ Technology Index (US100) closed positive by 0.35% (+3.30%...
Visa expands Fintech Fast Track
Visa is expanding its Fintech Fast Track program beyond card issuance to connect members to Visa’s real-time money movement platform, Visa Direct. Additionally, Visa Consulting & Analytics has developed capabilities to support key needs of Fintech Fast Track...
CMC APAC institutional sales head Andrew Wood joins IG Prime
FNG has learned that experienced Sydney based executive Andrew Wood has joined IG Group’s IG Prime B2B operation in Australia, as Institutional Sales Manager. Andrew Wood joins IG from rival UK based broker CMC Markets, where he served as Head of Institutional Sales...
FINRA fines Elevation for alleged violations of rules prohibiting fraudulent trading
Elevation LLC has agreed to pay a fine of $75,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2016 through April 2022, Elevation’s supervisory system, including its written supervisory procedures (WSPs), was not...
Liquidnet to integrate bondIT’s Scorable Credit Analytics into its electronic trading platform
Technology-driven agency execution specialist Liquidnet and provider of next-generation investment technology bondIT announced today their partnership to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s Fixed Income electronic trading platform. The...
CySEC warns against 12 unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against 12 unauthorized investment firms. These entities have not been granted an authorization for the provision of investment services and/or the performance of investment activities, as...
Tawasal SuperApp integrates Noor Capital trading capabilities
UAE based Retail FX and CFDs brokerage Noor Capital has announced that the company and Tawasal SuperApp, a popular MENA-focused messenger and lifestyle app, will be launching integrated online trading services. The parties said that their collaboration elevates...
HK regulator imposes $1M fine on Central Wealth Securities Investment Limited
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Central Wealth Securities Investment Limited $1 million for failures in complying with the Securities and Futures (Financial Resources) Rules (FRR). The SFC found that Central Wealth made...
Japanese Yen Speculators reduce bearish bets to lowest since August :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 12th and shows a quick view of how large market...
Raiffeisen Schweiz joins SIX Digital Exchange
Swiss banking group Raiffeisen Schweiz has joined SDX, a fully regulated financial market infrastructure for digital assets. SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and CSD utilizing distributed ledger...
Speculator Bets led higher by Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 12th and shows a quick view of how large...
Speculator Bets led higher by SOFR 3-Months & 2-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 12th and shows a quick view of how large...
Speculator Bets led by Platinum & Palladium :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 12th and shows a quick view of how large traders...
Speculator Bets led this week by VIX & Russell-Mini :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 12th and shows a quick view of how large traders...
FX week in review: Finyard launch, BUX sold, EU CFD marketing rules
Who is behind the launch of new Cyprus based FX broker technology provider Finyard? Who has joined Finyard (from XM/Trading.com, and Exness)? Who acquired EU neobroker BUX? What happened to BUX’s Cyprus based CFDs brokerage arm Stryk? What new proposals for CFDs...
SOFR-3M, Steel, Ultra 10-Year & Soybeans lead Bullish & Bearish Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on December 12th.This weekly Extreme Positions report highlights the Most Bullish and Most...
MetaQuotes releases “MQL5 Programming for Traders”, a book by Stanislav Korotky
Fintech company MetaQuotes has released a comprehensive guide to MQL5 programming, authored by algorithmic trader Stanislav Korotky with MetaQuotes’ support. The book is intended for programmers of all levels. Beginners will learn the fundamentals as the book...
Australian Court appoints receivers to Brite Advisors, following concerns raised by ASIC
Australia’s Federal Court has made orders appointing Linda Smith and Robert Kirman of McGrathNicol as corporate receivers and managers of Australian Financial Services licensee, Brite Advisors Pty Ltd. The receivers are tasked with conducting further investigations...
ICE registers record futures and options OI of 86M contracts
Intercontinental Exchange, Inc. (NYSE:ICE) today announced that its global futures and options markets reached record open interest of 86 million contracts on December 13, 2023, surpassing the record last set on June 10, 2021. The record depth of liquidity includes...
SEC charges Mara Investments for misappropriation of investor money
The Securities and Exchange Commission (SEC) has charged Justin Murphy, a former resident of Greenwich, Connecticut, and his investment management firm Mara Investments, LLC, for fraudulent misappropriation of approximately $3.4 million of investor assets. According...
ASIC accepts enforceable undertaking from EverBlu Capital to apply for AFS license cancellation
The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against Adam Blumenthal alleging market rigging and breaches of his duties as a director of two companies, EverBlu Capital Pty Ltd and Creso Pharma...
Alejandro Nicolas Aguzin to step down as HKEX CEO
The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEX) today announces that Mr Aguzin, Chief Executive of HKEX, has informed the Board that he will not seek reappointment at the end of his current contract in May 2024. Mr Aguzin, Chief Executive,...
SEC charges Titanium Capital with operating Ponzi scheme
The Securities and Exchange Commission (SEC) has charged Florida-based Titanium Capital LLC and its founder Henry Abdo with operating a Ponzi scheme that raised at least $5.3 million from more than 160 retail investors in the United States and abroad. The SEC also...
Worldline announces passing of its President, Bernard Bourigeaud
Worldline announces the sudden passing of its President, Bernard Bourigeaud, at the age of 79, on December 14, 2023. Bernard Bourigeaud The company stated: “All the board members wished to pay a tribute to Bernard Bourigeaud’s career as a pioneer in the payments...
Virginia Gambale to resign as Non-Exec Director of FD Technologies
FD Technologies (LON:FDP) announces that Virginia Gambale, who is approaching the ninth anniversary of her appointment to the Board, has notified the Board of her intention to resign as a Non-Executive Director of the Group with effect from 29 December 2023....
eToro adds 700 US stocks to offering
Online broker eToro continues to expand its lineup of investment instruments. This week the company has added almost 700 new US stocks. With these additions, the number of assets on the platform exceeds 4,790. Some of the latest additions are: $OM (Outset Medical Inc)...
StoneX to pay $300,000 fine to settle ICE charges
ICE Futures U.S. has posted a disciplinary notice as to StoneX Financial Inc. A subcommittee of the Exchange’s Business Conduct Committee (BCC) determined that StoneX Financial Inc. may have violated Exchange Rules 4.15(a), 4.15(b), and 4.15(c) by failing to include a...
Exclusive: Equiti Group promotes Kinan Hassino to Sales Director
FNG Exclusive… FNG has learned that leading UAE based brokerage outfit Equiti Group has promoted Kinan Hassino to the position of Sales Director. In his new position, Kinan will be heading Equiti Abu-Dhabi’s sales effort, responsible for planning, implementing,...
CME Group sets record in SOFR open interest
International derivatives marketplace CME Group today announced that open interest in its deeply liquid SOFR complex set a new record of 60,435,467 contracts on December 12, including 48.3 million options contracts and 12.1 million futures contracts. Average daily...
Metro Bank announces Board changes
Metro Bank Holdings PLC today announces that, following the resignations of Monique Melis, Senior Independent Director and Ian Henderson, Chair of the Risk Oversight Committee, effective 31 December 2023, Catherine Brown will become the Bank’s Senior Independent...
ICE, Blockstream add crypto options data to ICE Consolidated Feed
Intercontinental Exchange, Inc. (NYSE:ICE) and Blockstream today announced the addition of cryptocurrency options data to the Cryptocurrency Data Feed offered via the ICE Consolidated Feed. Launched by ICE and Blockstream in 2018, the Cryptocurrency Data Feed offers...
MetaQuotes’ research: 86% of traders prefer working with ultra-low latencies
Fintech company MetaQuotes has conducted research focused on traders utilizing virtual servers for automated trading. The analysis covered the users of MetaTrader VPS. One of the key findings of the research concerns the network latency between the virtual machine and...
Options appoints Claire McKillen as its new VP, Financial Controller
Capital markets services provider Options Technology today announced the promotion of Claire McKillen to the position of Vice President, Financial Controller. The appointment follows Laura McCann’s promotion to Chief Financial Officer (CFO) and is the next stage in...
ESMA pushes for clear product labelling in CFD marketing materials
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published a discussion paper on the digitalisation of retail investment services and related investor protection considerations. The regulator notes that it...
Share price decline at Worldline to affect SIX earnings in 2023
In a challenging market environment dominated by inflation and rising interest rates, SIX continues its positive operational trend and expects a revenue growth of approximately 3% at constant currencies for the full year 2023. Profitability at EBITDA level is expected...
ABN Amro buys EU neobroker BUX
Amsterdam based banking group ABN Amro (AMS:ABN) has announced that it has reached an agreement to acquire BUX, one of Europe’s most rapidly growing neobrokers. With this acquisition, ABN AMRO said it aims to strengthen its footprint in the retail investment space and...
Stratos’ retail trading platform Tradu selects Crossover as primary digital asset execution partner
Crossover Markets Group, Inc. has been selected as the primary digital asset execution partner of Tradu, part of Stratos Group International, LLC, a wholly-owned subsidiary of Jefferies Financial Group Inc. Tradu crypto flow will be routed to Crossover’s CROSSx...
Copper Shortages Are Looming and Four Stocks to Benefit :: InvestMacro
Source: Ron Struthers (12/12/23)Investment in copper mining is very low at a time when it should be at record highs to accommodate electrification of world economies. Ron Struthers of Struthers Resource Stock Report looks into three promising copper exploration plays...
Traders suing Robinhood over trading restrictions renew efforts for class certification
A group of traders suing Robinhood for the trading restrictions imposed in January 2021 have renewed their efforts to secure class certification. On December 13, 2023, Blue Laine-Beveridge, Abraham Huacuja, Ava Bernard, Brendan Clarke, Brian Harbison, Cecilia Rivas,...
an energy economist outlines 3 keys to success :: InvestMacro
By Micah Lucy Abigaba, Makerere University Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National Oil Offshore Company (CNOOC) has 28.33%....
Coinbase International Exchange to launch spot markets
Coinbase has announced the next phase of the Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers. This latest development is designed to address the unique needs and demands of Coinbase’s global user base while...
FxAlta and Infinity Business Brokers have their websites blocked in Italy
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to six new websites that offer financial services illegally. The websites targeted by the latest set of orders are: “Alloptionsint” (site https://alloptionsint.com and related page...
Trading Technologies launches two new dedicated business lines
Trading Technologies International, Inc. (TT) today announced the launch of two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company’s growth into new asset classes. The two dedicated lines of business build...
NQ100_m waits on Fed rate decision :: InvestMacro
NQ100_m hits fresh 2023 high yesterdayIndex could be rocked by looming Fed decisionBulls in control but RSI overbought on D1 chartLevels of interest at 16770.6, 16100 & 15800The NQ100_m jumped to a fresh 2023 high in the previous session after signs of slowing...
CoinMENA FZE obtains VASP license from Dubai’s Virtual Assets Regulatory Authority
CoinMENA FZE, a subsidiary of CoinMENA B.S.C. (c), has obtained a Virtual Asset Service Provider (VASP) license for VA Broker-Dealer services from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate and offer its services in and from the Emirate. CoinMENA...
DTCC names Gloria Lio Managing Director, Head of Enterprise Services
Post-trade market infrastructure for the global financial services industry DTCC has announced the appointment of Gloria Lio as Managing Director, Head of Enterprise Services. Lio, who joined the company on December 11, 2023, will also serve as a member of the DTCC...
Acuity partners with FXBackOffice on CRM and Affiliate solutions for brokers
AI data-driven trading tools provider Acuity Trading and CRM/Affiliates solution specialist FXBackOffice have announced a new partnership. The collaboration is set to merge Acuity Trading’s advanced analytical tools with FXBackOffice’s backend solutions, to enhance...
Worldline Group’s subsidiary obtains Major Payment Institution licence in Singapore
Payment services provider Worldline announces its wholly owned subsidiary, GCS APAC has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS). The MAS license allows Worldline the opportunity to bring its innovative and...
TMF Group adopts Broadridge’s Sentry platform
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announces that TMF Group, a provider of critical compliance and administration services, has enhanced its private debt and Collateralised Loan Obligation (CLO) service capabilities with the adoption...
LINE NEXT raises $140M to expand Web3 ecosystem
LINE NEXT Corporation., LINE’s venture dedicated to developing and expanding the NFT ecosystem, announced today that it has secured a USD140 million investment from a consortium led by the private equity firm Crescendo Equity Partners. This investment represents the...
Exclusive: OneRoyal CMO Vince De Castro leaves to start De Castro Media
FNG Exclusive… FNG has learned that Vince De Castro has left his position as Chief Marketing Officer (CMO) of Cyprus based Retail FX and CFDs broker OneRoyal, to start a new digital marketing agency called De Castro Media (see website decastromedia.agency). Vince De...
Worldline introduces Metaverse Shopping Hub within Spatial
Payment services provider Worldline has released the Worldline Metaverse Shopping Hub within Spatial, a significant upgrade to its white-label solution for merchants seeking access to the Metaverse. Through this platform extension, online businesses will be able to...
markets are overly confident of Fed pivot :: InvestMacro
By George Prior Markets appear to be overly confident of a policy pivot by the Federal Reserve, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations.The warning from Nigel Green of deVere Group comes as...
Finalto releases the 2024 edition of its Watchlist series
Each December, Finalto takes the opportunity to share the expertise and insights of their in-house experts with their customers, colleagues and industry cohorts for the upcoming year. Finalto is committed to not only being industry leaders in the services they offer,...
Marqeta appoints Alan Carlisle as Chief Compliance Officer
Global modern card issuing platform Marqeta (NASDAQ:MQ) today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO). Mr Carlisle, previously Enterprise Chief Compliance Officer at SoFi, will be responsible for elevating and expanding...
Gold bears eye weekly support ahead of US CPI :: InvestMacro
Gold bearish on daily timeframe4 potential targets identified on H4 chart.Bearish scenario invalidated above 2039.91Watch out for US CPI report this afternoon After the spectacular bearish move on Monday 4th December, gold is back in bearish territory. This is...
Apex Fintech Solutions submits draft registration statement related to proposed IPO
Apex Fintech Solutions today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. The total number of shares to...
Bank of Japan’s statements mislead investors. Oil is expected to see a rise in fuel demand ahead of the holidays :: InvestMacro
By JustMarketsAs of Monday’s stock market close, the Dow Jones Index (US30) was up by 0.43%, while the S&P 500 Index (US500) added 0.39%. The NASDAQ Technology Index (US100) closed positive by 0.20% yesterday. Stocks found support on Monday on expectations that US...
Corpay Cross-Border names Andrew Shortreid its SVP Global Institutional Sales
Corpay’s Cross-Border business has appointed investment management industry veteran Andrew Shortreid, CFA as its new SVP Global Institutional Sales. Mr Shortreid has over 20 years of experience across a range of capital market verticals. Over the course of his career,...
Alex Pusco’s StreamBank sees departure of CEO Steve Pateman
Newly launched UK lending and savings bank StreamBank has announced that its CEO Steve Pateman is leaving the company as at the end of 2023. He has already formally stepped off the board of directors of StreamBank plc, effective December 11. Steve Pateman will be...
ConnexPay adds acquiring in CAD to its virtual card issuing offering
ConnexPay, an all-in-one payments platform, today announced the addition of acquiring in Canadian Dollars (CAD) to its existing virtual card issuing offering. This expansion allows ConnexPay customers to process payments seamlessly in CAD. This expansion also opens up...
AI’s impact on 3 key industries will pique investors’ interest in 2024 :: InvestMacro
By George Prior Investors should strategically position their portfolios in 2024 to capitalize on the opportunities offered by AI for certain sectors, says the CEO and founder of one of the world’s largest financial advisory and asset management organizations.deVere...
Danske Bank uses Netdania to revamp chart functionalities of its District platform
To enhance data visualisation and the charting experience of its District platform, Danish multinational financial concern Danske Bank has announced that it has entered into a strategic partnership with Netdania, part of United Fintech, in a move welcomed as a first...
US dollar set for explosive week? :: InvestMacro
Big week ahead for USD due to CPI and Fed decisionFed set to hold rates but economic projections in focusUSDInd under pressure despite recent reboundKey levels of interest at 105.30, 104.26 & 102.45Breakout/down on the horizon?Even as the clock ticks down to the...
Sucden Financial expands risk technology partnership with Nasdaq
Multi-asset execution, clearing, and liquidity provider Sucden Financial and Nasdaq today announced that they have agreed to extend their risk technology partnership, which will further enhance Sucden Financial’s ability to monitor, manage, and mitigate market and...
Brazil Real & 2-Year Bond lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on December 5th.This weekly Extreme Positions report highlights the Most Bullish and Most...
FCA warns investment platforms on how they deal with interest earned on customers’ cash balances
The UK Financial Conduct Authority (FCA) has written to investment platforms and SIPP operators setting out its concerns on the way they deal with any interest earned on customers’ cash balances. The amount of interest earned by some firms has increased as rates have...
Speculator Bets led higher by DowJones & S&P500 Minis :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 5th and shows a quick view of how large traders...
FP Markets announces sponsorship deal with ICC associate member Cricket Brasil
FP Markets, a global multi-asset broker, announces sponsorship deal with ICC associate member Cricket Brasil to support its Youth Development Programme. In its initial phase, the sponsorship will focus on supporting three specific areas: Education – Helping fund the...
Euro Shows Temporary Stability :: InvestMacro
By RoboForex Analytical DepartmentThe Euro’s recent stabilization against the US dollar, now hovering around 1.0766, may be short-lived. Market eyes are turning towards the upcoming two-day meeting of the US Federal Reserve, starting Tuesday and concluding late...
Citi leads strategic investment round in Colombian fintech Supra
Citi has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that...
SPX500_m gearing up for event heavy week :: InvestMacro
SPX500_m hits new 2023 high last FridayStock index set to be injected with fresh volatilityKeep eye on US CPI and Fed decisionSPX500_m bullish on D1 chart but RSI signals overboughtKey levels of interest at 4640, 4600 and 4545After hitting a new 2023 high last Friday,...
MoneyGram names Jillian Slagter its Chief People Officer
MoneyGram International, Inc., a leading global financial technology company, today announced the appointment of Jillian Slagter as Chief People Officer (CPO). In this role, Slagter will lead the transformation of the Company’s human resources and people operations to...
The ECB and Fed will cut rates sooner than the BoE. Deflationary processes are intensifying in China :: InvestMacro
By JustMarketsAt the close of the stock market on Friday, the Dow Jones Index (US30) was up by 0.82% (+0.44% for the week), while the S&P 500 Index (US500) added 0.41% (+0.88% for the week). The NASDAQ Technology Index (US100) closed up by 0.45% (+1.66% for the...
DTCC closes acquisition of Securrency
DTCC announced it has closed on the transaction to acquire Securrency Inc., a leading developer of institutional-grade, digital asset infrastructure. DTCC announced the signing of the definitive agreement to acquire Securrency in October. With the acquisition...
Speculator Bets led by Corn & Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 5th and shows a quick view of how large...
Tradeweb introduces next phase of its platform integration with BlackRock’s Aladdin
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today introduced the next phase of its previously announced platform integration with BlackRock’s Aladdin order execution management system...
Speculators bets led Fed Funds & 10-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 5th and shows a quick view of how large...
Currency Speculators raised their British Pound bets into bullish level :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 5th and shows a quick view of how large market...
Speculator Bets led higher by Gold & Silver :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday December 5th and shows a quick view of how large traders...
What is krav maga?
GYMS IN ISRAEL that teach krav maga, an Israeli martial art, have seen enrolment soar following Hamas’s terror attacks on October 7th. Training in krav maga is up in other countries, too. Many of the new krav maga enthusiasts around the world are non-Jews, so media...
How Nayib Bukele is breaking presidential term limits in El Salvador
AT MIDNIGHT ON November 30th Nayib Bukele stepped back from the presidency of El Salvador to run again in elections in February. The six months between now and June 1st, the date of the inauguration, may be the only period for a long time that he is not at the helm of...
How Israel is using drones in Gaza
THE GAZA STRIP is a risky place for an invading army: its cities provide cover for Hamas fighters, who know the terrain; it is heavily populated, with civilians often in harm’s way; fighting in built-up areas is likely to be at close quarters and consequently bloody....
What is antisemitism—and why do differences in interpretation matter?
SINCE HAMAS’S terrorist attack on Israel on October 7th, and the outbreak of war in Gaza, there has been a sharp increase around the world in reports of antisemitic incidents. The Anti-Defamation League (ADL), an NGO based in New York City, says that in the two weeks...
What does it take to expel an American congressman?
GEORGE SANTOS burned bright and briefly. Shortly after his election to Congress in November 2022, the lies he told to win the seat began to be revealed. The Republican had claimed, falsely, that his grandparents had fled the Holocaust and that his mother was at the...
Why “offshoring” asylum-seekers rarely works
ASYLUM CLAIMS in Western countries are surging. EU members are on track to receive 1m applications this year, more than at any time since the migrant crisis of 2015-16. More than 800,000 have been lodged in America in the past year, an annual jump of nearly...
Who are the Palestinians in Israel’s prisons?
Hamas hopes to swap more for Israeli hostages Your browser does not support this video. Released Palestinian prisoners are greeted in the West Bank Image: Getty Images Over the past four days, as part of a truce, Israel has released 117 Palestinian prisoners in...
Who is Geert Wilders, the surprise winner of the Dutch election?
ON NOVEMBER 22ND Geert Wilders’s anti-immigrant Party for Freedom (PVV) finished first in the Dutch general election, winning 37 of the 150 seats in parliament, or 23.6% of the vote. His victory was a huge surprise. But the beneficiary of this sudden turn to the hard...
The A to Z of the Arab-Israeli conflict
Abraham accordsBilateral agreements on Arab-Israeli normalisation signed in 2020. The first round of deals were between Israel and the United Arab Emirates and Bahrain in September 2020. Sudan normalised relations with Israel the following month and Morocco in...
Was Israel’s attack on al-Shifa hospital justified?
THE LAWS of war give special protection to hospitals. They lose that protection if they are used for “harmful” acts. Israel has long claimed that al-Shifa hospital, the largest in the Gaza Strip, serves as a key command centre for Hamas, the group which killed or took...
What is Iran’s axis of resistance?
AMERICA SAYS THAT its troops in Syria and Iraq have been attacked at least 55 times since Hamas’s assault on Israel on October 7th. Blaming Iran and its proxies across the Middle East, it has been hitting back: on November 12th America launched its third set of air...
The difference between a “ceasefire” and a “humanitarian pause”
AS THE FIGHTING in the Gaza Strip between Israel and Hamas intensifies, so do the calls for a “ceasefire”—or a “humanitarian pause”. An emergency joint summit of the Arab League and the Organisation of the Islamic Conference in Saudi Arabia on November 11th, for...
What is Israel’s Iron Beam?
FOR EVERY ten incoming rockets, Israel’s system of defensive mobile batteries, the Iron Dome, typically shoots down nine. Israel claims to have maintained that ratio even as Hamas has fired bigger salvoes from Gaza in the aftermath of the Islamist group’s attack on...
How the term “genocide” is misused in the Israel-Hamas war
MANY GOVERNMENTS and citizens are appalled by the civilian casualties from Israel’s bombardment and invasion of Gaza, which is its response to Hamas’s attack on Israel. On October 10th the Palestinian envoy to the UN, Riyad Mansour, described Israel’s actions as...
What is the American State Department’s “dissent channel”?
AMERICA’S STATE DEPARTMENT has been working overtime since war between Israel and Hamas broke out in October. Antony Blinken, the secretary of state, has travelled twice to the Middle East to emphasise President Joe Biden’s support for Israel and urge the country to...
Why covid-19 did not harm rich economies as badly as first thought
MODERN ECONOMIC statistics are best thought of as a work in progress. As new information becomes available to national statistics offices they update and revise previously published numbers. The picture of the economy comes into focus only slowly, more like an...
Who is Herzi Halevi, the chief of staff of the Israel Defence Forces?
EVEN BEFORE Hamas, the militant group that runs Gaza, attacked Israel on October 7th, Lieutenant General Herzi Halevi was in a difficult position. In January 2023, when he became chief of general staff of the Israel Defence Forces (IDF), the most senior position in...
Why Gaza’s refugee camps are so vulnerable
More than two thirds of the enclave’s population are registered refugees Your browser does not support this video. Video: Getty Images On November 1st the Israel Defence Forces (IDF) struck Jabalia, a refugee camp in northern Gaza, for the second time in two days....
What’s weird about Ireland’s GDP?
IN 2015 IRISH GDP grew by an astounding 24.5%. It shot up by another 15% in 2021, when the average growth rate in the euro area was just 5.9%. Alas, no Celtic brew had supercharged the productivity of Irish workers. Those staggering increases were the result of...
How many people have died in Gaza?
Joe Biden doubts figures issued by Gazan officials. International agencies say they are mostly accurate Your browser does not support this video. Israel has killed more than 8,000 Palestinians in its bombardment of the Gaza Strip in recent weeks, according to the...
What limits do the laws of war impose on combatants?
ON OCTOBER 24th António Guterres (pictured), secretary-general of the UN, called for an end to the “epic suffering” caused by Israel’s blockade and bombing of the Gaza strip. Hundreds of people had died in the preceding 24 hours, and on Tuesday only eight aid lorries...
How has Israel’s commercial airspace remained open?
SINCE THE bloody attack on Israel on October 7th, roughly 90% of airlines flying to Israel, including British Airways and Emirates, have suspended flights to the country. Hamas, the militant group that runs the Gaza Strip, has repeatedly fired rockets at Ben-Gurion...
What evidence reveals about the Gaza hospital blast’s source
The damage points to a malfunctioning rocket, not an air strike Your browser does not support this video. Footage appears to show the moment of the blast At around 7pm on October 17th, a blast struck the Ahli Arab hospital in Gaza city. The hospital is run by the...
What is Palestinian Islamic Jihad?
ON THE EVENING of October 17th a blast struck al-Ahli hospital in Gaza City. Thousands of civilians had been sheltering there, alongside the sick. Palestinian officials say that hundreds died. Hamas, the militant group that runs Gaza, and several Arab countries blamed...
What is Hizbullah?
ISRAEL IS AMASSING troops at its border with the Gaza Strip ahead of an expected ground invasion. At the same time it is evacuating villages near its border with Lebanon for fear that a second front could open in the north. Hizbullah, an Iran-backed Shia militant...
How China’s Belt and Road Initiative is changing
On October 17th officials from at least 90 countries are expected to arrive in Beijing for a two-day diplomatic festival. The occasion is a summit organised by Xi Jinping, China’s president, to celebrate the tenth anniversary of the Belt and Road Initiative (BRI), his...
A short history of Gaza
ON OCTOBER 7TH Hamas, the militant group that runs the Gaza Strip, attacked Israel, killing 1,300 people and taking dozens of hostages. Israel has responded with force: strikes on Gaza had killed around 1,400 Palestinians by October 12th. Residents of the strip, a...
Why the Polish election campaign has been so vicious
ON OCTOBER 9TH Mateusz Morawiecki, Poland’s prime minister, and Donald Tusk, a former prime minister and the leader of the main opposition party, faced each other in a televised debate, six days before national elections. Four other candidates were on stage, but the...
How powerful is Hamas?
IN THE EARLY hours of October 7th Hamas, the Palestinian Islamist organisation that runs Gaza, launched more than 2,000 rockets towards Israel. Over a thousand Hamas fighters, some in motorised gliders, crossed the border between Israel and Gaza. They attacked...
How America’s House of Representatives will choose a speaker
AMERICA’S HOUSE OF REPRESENTATIVES has been without a permanent speaker since October 3rd, when a handful of Republican rebels ousted Kevin McCarthy. Days later an attack thousands of miles from Washington, DC, highlighted the urgency of the problem: on October 7th...
Why France has worked itself into a frenzy about bedbugs
In a matter of days, France has turned concern about a rise in cases of bedbugs into a matter of national hysteria. “They are everywhere: in mattresses, in cinemas, trains, metros and even hospitals,” declared Le Parisien, a popular daily newspaper, in a cover story....
Can Russia repeat its winter bombing of Ukraine’s electricity grid?
LAST WINTER, having struggled to achieve progress on the battlefield, Russia sought to destroy the will of Ukraine’s people by intensifying missile attacks on civilian, as well as military, targets. The effort to break the population’s spirit failed, but strikes on...
What happens if America’s government shuts down this weekend?
ON SEPTEMBER 26TH American lawmakers returned to Washington, DC, with yet another government shutdown looming. The federal fiscal year begins on October 1st, but Congress has yet to appropriate the funding needed to keep the government running. The Senate has approved...
What is America’s farm bill, and why does it matter?
THE FARM BILL may not sound like a piece of legislation most Americans should care about. The enormous spending package, which is due for reauthorisation on September 30th, includes funding for eradicating feral swine and marketing sheep. Yet by transforming the...
Why Poland is halting its supply of weapons to Ukraine
POLAND HAS been among the staunchest supporters of Ukraine since Russia’s invasion in February 2022. But on September 20th its prime minister, Mateusz Morawiecki, said that his country was no longer supplying weapons to its neighbour, and would focus on rearming...
Could the 14th Amendment bar Donald Trump from becoming president again?
DONALD TRUMP’S campaign for re-election is dogged with legal woes. The former president faces the prospect of four criminal trials on felony charges, which will overlap with the Republican primary season and the general-election campaign. But another type of legal...
What is Khalistan, the independent homeland some Sikhs yearn for?
WHEN INDIA gained independence from Britain in 1947, few outside the country believed that a union of such diverse states could hold together. India has survived—but not without threats to its unity. One of the most enduring has been the Khalistan movement, which...
What is Khalistan, the independent homeland some Sikhs fought for?
WHEN INDIA gained independence from Britain in 1947, few outside the country believed that a union of such diverse states could hold together. India has survived—but not without threats to its unity. One of the most enduring has been the Khalistan movement, which...
Why is Ukraine suing eastern European countries over grain?
EASTERN EUROPEAN countries have been among the staunchest supporters of Ukraine since Russia invaded last year. But that solidarity has frayed over the issue of agricultural exports. European Union member states that border Ukraine have argued that the duty-free...
Why is Ukraine suing eastern European countries over grain?
EASTERN EUROPEAN countries have been among the staunchest supporters of Ukraine since Russia invaded last year. But that solidarity has frayed over the issue of agricultural exports. European Union member states that border Ukraine have argued that the duty-free...
Will India change its name to Bharat?
EVER SINCE the Bharatiya Janata Party (BJP) came to power in 2014 it has implemented policies to mould India according to its Hindu-nationalist vision. Now it may be poised to implement the most eye-catching change yet: renaming the country. During the G20 summit in...
Why America’s Republicans want to bomb Mexico
MEXICANS ARE used to their country being used as a piñata during American election seasons. In 2015, in a speech to launch his presidential campaign, Donald Trump accused Mexico of sending drug-traffickers, rapists and other criminals to America and promised to make...
What are Hycean worlds, a proposed new habitat for life?
A LITTLE BIT more than 124 light years from Earth, circling an otherwise uninteresting star in the constellation of Leo, sits a planet called K2-18 b. It is one of thousands of exoplanets spotted by Kepler, a space telescope that was launched in 2009 and is designed...
Why Venice will charge tourists to enter
A SURGE in holidaymakers at certain locations in recent years has added a word to the English language: overtourism. The idea that beauty spots are being overrun arose well before the pandemic, but the relaxation of covid-19 restrictions made matters worse, and...
Why Venice is starting to charge tourists to enter
A SURGE in holidaymakers at certain locations in recent years has added a word to the English language: overtourism. The idea that beauty spots are being overrun arose well before the pandemic, but the relaxation of covid-19 restrictions made matters worse, and...
How to escape from prison
DANIEL KHALIFE, a suspected terrorist, enjoyed about 75 hours of freedom after escaping from HMP Wandsworth, in south-west London, on September 6th. Three days later a police officer pulled him from a bike in north-west London. On September 11th he was charged with...
How AI chatbots could change online search
CHATGPT, AN ARTIFICIAL-INTELLIGENCE (AI) chatbot produced by OpenAI, a California-based startup, can generate human-like answers to questions. It can write poems, computer code and much more besides. UBS, a bank, reckons that since ChatGPT’s launch in November it has...
What is Section 230?
IN JANUARY PRESIDENT JOE BIDEN took to the op-ed pages of the Wall Street Journal to inveigh against “big-tech abuses” and suggest, among other things, an overhaul of Section 230 of the Communications Decency Act of 1996. Mr Biden’s predecessor, Donald Trump, was no...
What are “golden visas”?
And why they are so controversial, especially in Europe
How a chatbot has turned Ukrainian civilians into digital resistance fighters
IN A MODERN warzone anyone with a smartphone is a potential source of military intelligence. Since the early days of the Russian invasion, Ukraine has been crowdsourcing information from civilians. The idea is not new. During the second world war British volunteers...
Why did “sensitivity readers” revise Roald Dahl’s books?
Roald Dahl delighted in making readers squirm. His books for children, most of them written between 1961 and 1990, are mischievous, often with an edge of cruelty. Yet this month the Daily Telegraph, a British newspaper, revealed that hundreds of words and phrases had...
How quickly can Russia rebuild its tank fleet?
Read more of our recent coverage of the Ukraine warDURING THE second world war Germany’s armed forces destroyed Soviet tanks at a phenomenal rate. But although the Red Army lost 80,000 tanks, the Soviet Union’s industrial might allowed it to finish the war with more...
Why statelessness is bad for countries and people
SOME PEOPLE covet passports and try to acquire new ones through naturalisation. Most are content with the citizenship they acquire at birth—at least that is guaranteed. Or so they think. In mid-February Nicaragua revoked the citizenship of more than 300 opposition...
How the new generation of weight-loss drugs work
This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions.WEIGHT-LOSS DRUGS are everywhere. In newspapers, on social media or by the water cooler, the gossip about injections that can help to...
Why a new UN treaty to safeguard the “high seas” matters
THE OPEN OCEAN, which covers nearly three-quarters of the Earth’s surface, sustains and regulates life on the planet. Each year it sucks in about a quarter of the carbon dioxide emitted by humanity. It is economically valuable, too. The food, shipping, tourism and...
Who blew up the Nord Stream pipelines?
LAST SEPTEMBER, when explosions damaged Nord Stream 1 and 2, two undersea gas pipelines that connected Russia to Germany, evidence of a culprit was scant. Some European governments suspected Russia. President Vladimir Putin had been threatening to cut off energy...
How to make sense of intelligence leaks
IN RECENT WEEKS, intelligence has dominated the headlines. On February 26th American press reports described new intelligence suggesting that the covid-19 virus had escaped from a Chinese laboratory. On March 1st American intelligence agencies published a report...
What is the AUKUS pact?
ON MARCH 13TH Joe Biden, America’s president, accompanied by Anthony Albanese and Rishi Sunak, the prime ministers of Australia and Britain respectively, gathered in front of the USS Missouri, a Virginia-class nuclear-powered attack submarine in San Diego, California....
Why Russian women are flying to Argentina to give birth
ARGENTINA HAS always been a country of immigrants. In the 19th century millions of Italians and Spaniards came to plough the country’s fields. More recently hundreds of thousands of Bolivians, Paraguayans and Venezuelans have arrived. But the latest wave is different....
What to make of a clash between a Russian jet and an American drone
THE SUN had barely risen over the Black Sea on March 14th when two Russian Su-27 “Flanker” jets began following the American MQ-9 drone, more commonly known as the Reaper, 50 nautical miles south-west of Crimea, a Ukrainian peninsula occupied by Russia since 2014. The...
How Belarus’s role in the invasion of Ukraine could grow
RUSSIA TREATS Belarus, a nominally sovereign, independent country, as a satellite—in effect an extension of its own territory. It subsidises Belarus’s struggling economy, feeds it cheap energy and keeps the country’s veteran dictator, Alexander Lukashenko, in power,...
How remittances affect a country’s development
IN 2022 MIGRANTS sent home nearly $800bn, according to data from the World Bank. Around 80% of these remittances were sent to low- and middle-income countries. India received $100bn; Mexico got $60bn. Remittances were the biggest source of capital inflow for low- and...
What are Additional-Tier 1 bonds?
THE HASTE at which the purchase of Credit Suisse, a Swiss bank, by UBS, its great rival, was arranged left investors scrambling to understand the deal. One consequence is causing particular pain. The decision to write down around SFr16bn ($17bn) in Additional-Tier 1...
Who is Shou Zi Chew, TikTok’s chief executive?
TikTok’s billion-plus users long to be famous for 15 seconds. But the social-media app’s chief executive, Shou Zi Chew, avoids the limelight. Few of TikTok’s users would recognise the 40-year-old Singaporean, whose personal TikTok account, @shou.time, shows only 13...
Where did covid-19 come from?
IN THE THREE years since the covid-19 pandemic began, one of the most persistent questions has been how the virus that caused it—SARS-CoV2—first jumped from animals to humans. SARS-CoV2 is one of a group of viruses, known as coronaviruses, commonly found in bats. But...
How racing drones are used as improvised missiles in Ukraine
DRONES HAVE become a ubiquitous part of the war in Ukraine. Both sides use consumer quadcopters to track the enemy and drop grenades. Russia has used Iranian Shahed-136 drones to torment Ukrainian cities. In February Russia detected Ukranian drones deep in its...
How did Lebanon end up with two rival time zones?
WHAT’S THE TIME in Lebanon? Until March 29th the answer will largely depend on your religion. On March 26th the country would normally have set its clocks forward to daylight saving time (DST), as is the custom on the final Sunday of March. But at the last minute the...
Why is Taiwan losing its friends?
TAIWANESE PRODUCTS power everything from iPhones and fridges to guided missiles. The island makes more than 60% of the world’s semiconductors. It also plays a crucial role in the great-power contest between China and America. Yet for such an important place few...
Who is Alvin Bragg, the district attorney taking on Donald Trump?
Editor’s note: On March 30th several news outlets reported that a grand jury in Manhattan had indicted Donald Trump.ALVIN BRAGG, Manhattan’s district attorney (DA), is no stranger to threats. Growing up in Harlem in the 1980s, he had a gun pointed at him six times,...
Is your money safe in American banks?
IN NORMAL TIMES people do not give it a second thought: they put their money in a bank and trust that it is safe. But every once in a while, a crisis shakes that faith. The collapse of three mid-sized banks in America over the past month has been one such moment....
What is a consumer price index?
INFLATION HAS DOGGED societies for centuries. Attempts to measure it properly began in earnest in the 20th century. In 1914 the British government calculated a “working-class cost of living index” to help guide adjustments to the wages of essential workers during the...
Who is Juan Merchan, the judge overseeing Donald Trump’s arraignment?
“THE JUDGE ‘assigned’ to my Witch Hunt Case, a ‘Case’ that has NEVER BEEN CHARGED BEFORE, HATES ME.” When Donald Trump found out who would be presiding over his arraignment he took to Truth Social, the social-media platform he founded, to rant. On March 30th the...
What to make of Israel’s new national guard
ON APRIL 2ND, at the behest of Binyamin Netanyahu, the prime minister, Israel’s cabinet approved the creation of a national guard under the control of the national-security minister, Itamar Ben-Gvir. Mr Ben-Gvir, the leader of Jewish Power, a far-right party that...
How to measure poverty
ERADICATING POVERTY in all its forms is the first of the UN’s 17 development goals. It is also a priority for many countries. To succeed, multilateral organisations and national governments need good policy—and a way to track their progress. So how should they define...
Why France is banning Muslim clothing in schools (again)
EVERY FEW years the French get worked up about an item of religious clothing that they deem inappropriate in the classroom. This time a controversy has broken out at la rentrée, the start of the new school year, over a government decision to ban from state schools the...
Why so many Russian tanks fall prey to Ukrainian mines
RUSSIA’S FAILED attempt in January and February to capture Vuhledar, a town in eastern Ukraine, has been described by some observers as a tank battle. That is not quite accurate. Videos of the offensive indicate that it was more a matter of Russian tanks against...
Why Russia is deporting Ukrainian children
RUSSIA IS LED by an alleged war criminal. In March the International Criminal Court (ICC) issued arrest warrants for President Vladimir Putin as well as Maria Lvova-Belova, Russia’s so-called commissioner of children’s rights. The court says that the pair bear...
Why are eastern European countries banning Ukrainian produce?
EASTERN EUROPEAN states have been among the staunchest supporters of Ukraine since Russia invaded last year. But efforts to help their neighbour continue to sell agricultural products have caused havoc in their own markets. Farmers have protested for weeks against...
Why is Sudan on the brink of civil war, again?
ON APRIL 15th Khartoum, Sudan’s capital, and much of the rest of the country were engulfed by open warfare. For months tensions had been building between the two most powerful figures in the military government: Abdel Fattah al-Burhan, Sudan’s de facto leader since a...
Does the First Amendment protect threatening language?
FREEDOM OF EXPRESSION, America’s Supreme Court wrote in 1937, is “the matrix, the indispensable condition of nearly every other form of freedom”. Very few types of speech fall outside that sanctuary. Only language that is obscene, false or misleading in a commercial...
A primer on Trump’s criminal trials
RUNNING FOR the American presidency is a full-time job. “There was essentially no day or night” from the first presidential debate in September 1976 to election day, griped James Fallows, now a journalist, who worked on Jimmy Carter’s campaign. Donald Trump, if he...
Why Winnie-the-Pooh makes Xi Jinping uncomfortable
This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions.WINNIE-THE-POOH is a good-natured, credulous bear. That makes him an unlikely protagonist for a slasher movie. “Winnie the Pooh:...
Why Joe Biden hasn’t announced he is running again—yet
JOE BIDEN is being coy. On April 10th, at the White House Easter Egg Roll, the president told an interviewer that he planned to host “at least three or four more” of the annual events. Pressed, he said he intended to run for a second term as president. A few days...
Why India’s population is about to overtake China’s
INDIA’S POPULATION is poised to surpass China’s. No one knows exactly when: India’s government postponed the census due in 2021 (because of the covid-19 pandemic, it says), so its numbers are not as exact as they might have been. But, according to the United Nations,...
How a 19th-century law could upend abortion access in America
WHEN THE Supreme Court ruled last year that America’s constitution does not guarantee the right to abortion, it returned the matter to lawmakers. In the months since activists have pushed for a national prohibition. This Congress, which is divided on the issue, will...
What is the special district at the heart of Disney’s feud with Ron DeSantis?
THE WORLD’S biggest amusement park was not built in a day. In 1958 planning began for an “eastern Disneyland” to complement the park in Los Angeles; Walt Disney World, in Orlando, Florida, opened its doors more than a decade later, in 1971. In the intervening years...
Why are migrants to Europe fleeing from and through Tunisia?
BETWEEN APRIL 19th and 24th Tunisia’s coastguard recovered 70 bodies from the Mediterranean sea. Less than a week earlier, 25 migrants died in the country’s waters. After a period of decline between 2016 and 2019, the number of people travelling from north African...
What is quantitative tightening?
In the wake of the global financial crisis of 2007-09, investors and politicians got used to the idea of quantitative easing (QE), a new twist on monetary policy. QE was adopted because cuts in interest rates to their floor near zero were insufficient to counter the...
Why has America’s financial regulator paid out more than $1bn to tipsters?
AMERICA’S WEALTHIEST 0.01% may have gained a new member on May 5th, when someone earned $279m. The source of the windfall was neither a bank nor a hedge fund, but rather the agency that regulates them. The Securities and Exchange Commission (SEC) said it had dished...
Why the boss of Wagner Group is feuding with Russia’s military leaders
Editor’s note: On June 23rd Mr Prigozhin launched an open revolt against the Kremlin, accusing the Russian army of killing Wagner troops. His mercenaries seized Rostov-on-Don, a southern city.A PILE OF corpses is quite a backdrop for a monologue. On May 4th Yevgeny...
How free and fair will Turkey’s election be?
EVER SINCE Recep Tayyip Erdogan won power in Turkey 20 years ago he has been in little danger of losing it. Mr Erdogan and his Justice and Development (AK) party have won every presidential and parliamentary election, usually by comfortable margins. During that period...
Can nets protect against kamikaze drones in Ukraine?
HOW DO YOU stop an attack drone from delivering its payload? Loitering munitions, which are single-use bomber drones, have been deployed to lethal effect by both Russia and Ukraine throughout the war. They are cheap and nimble. As well as military-grade models, both...
What happens when Belarus loses its dictator?
ALEXANDER LUKASHENKO, the dictator of Belarus, spends much of his time inspecting factories, scrutinising harvests and presiding over ice-hockey matches. For nearly a week in May he did none of those things—or anything else in public, fuelling intense speculation...
Who are the pro-Ukrainian militias raiding Russia’s Belgorod region?
IN THE LATE afternoon of May 22nd footage emerged of two grinning pro-Ukrainian fighters in the midst of a cross-border raid into Russia. “The key to the border has been broken in half,” says one, quoting from “Everything is Going to Plan”, a cult anthem by Civil...
Why America has so many banks
AMERICA HAS a dizzying number of banks. In recent weeks, that has proved to be a source of confusion. After Signature Bank, based in New York City, was seized by regulators on March 12th, four other banks with the same name had to clarify that they had no link with...
What does “de-risking” trade with China mean?
AT THEIR SUMMIT in Hiroshima on May 20th, the leaders of the G7 group of rich democracies talked about “de-risking” their economic ties with China, but not decoupling from it. The same phrase appeared in an important speech by Ursula von der Leyen, president of the...
Why is North Korea trying to launch a satellite?
ON THE MORNING of May 31st the citizens of Seoul, South Korea’s capital, had a rude awakening. Just after half past six the sound of sirens filled the air. Phones buzzed on nightstands, urging residents to seek shelter. Confusion ensued: Seoulites did not know what...
How Hong Kong is snuffing out memories of Tiananmen Square
IN “1984”, GEORGE ORWELL’S dystopian novel, the ruling party controls the past by feeding reports of inconvenient historical events into a “memory hole”, replacing them with its preferred version. China’s Communist Party has long taken that approach—no more so than...
Why is there trouble in Kosovo again?
ON MAY 29TH, when a Serb mob attacked NATO troops guarding a town hall in Zvecan in northern Kosovo, alarms sounded in the chancelleries of Europe and in Washington. At least 80 people were hurt, including 30 NATO peacekeepers. By the next day the mob had vanished....
How the breach of Ukraine’s Kakhovka dam could affect a nuclear plant
THE BLOWING up of Nova Kakhovka dam in occupied southern Ukraine in the early morning of June 6th has had devastating consequences downstream. On June 7th the Ukrainian government said that 42,000 people were at risk from flooding: thousands have been evacuated....
How drugs and alcohol have fuelled soldiers for centuries
UKRAINIAN FORCES have often attributed the poor performance of Russian soldiers since the invasion last year to drunkenness. Armies reflect their societies and alcoholism caused by excessive vodka consumption has long been a reason for the chronically low life...
Who is Oleksandr Syrsky, the head of Ukraine’s ground forces?
THE TACTICS of Valery Zaluzhny, the overall commander of Ukraine’s armed forces, will be studied by military historians. But the fate of the country rests upon the shoulders of other men further down the chain of command, too—among them Colonel-General Oleksandr...
What is Australia’s “Voice to Parliament”?
“ACROSS THE finish line is a more unified, more reconciled Australia,” declared Australia’s prime minister, Anthony Albanese, in August as he set the date for a referendum on an indigenous “Voice to Parliament”. On October 14th 17.6m Australians will be asked to vote...
Are cryptocurrencies securities?
America’s stock regulator is about to test its view of the asset class in court
How do languages with grammatical gender handle non-binary people?
WHAT ARE YOUR pronouns? In English, the most common answers are “he” or “she”. But a growing number of people identify as neither male nor female, and ask to be referred to with novel pronouns. “They” is by far the most common of these. In English, the linguistic...
How are people appointed to Britain’s House of Lords?
ON JUNE 15TH the privileges committee of Britain’s House of Commons issued a long-awaited report on Boris Johnson, concluding that the former prime minister deliberately misled Parliament when he described illegal gatherings held at 10 Downing Street, his official...
Can the Titan submersible be rescued?
IT TAKES ABOUT two hours to dive to the resting place of the Titanic, almost 4km beneath the surface of the north Atlantic. At around 9am GMT on the morning of June 18th the Titan submersible, a five-man craft built and operated by OceanGate, an American company,...
Why some British school buildings might be unsafe
DURING A EUROPEAN building boom that began in the 1960s, a novel form of construction material began to be used. Reinforced autoclaved aerated concrete, known as RAAC, is pre-cast in a factory, typically into planks, before being taken to a construction site where it...
Why the rainbow flag is now one of many during Pride month
LOOK UP AT a flagpole in most big American cities in June, and you will probably see three banners: the stars and stripes, the state or city emblem and a rainbow flag, which is flown to mark LGBTQ Pride month. But if you attend a Pride parade in one of those cities,...
How ESG became part of America’s culture wars
IT ALLOWS COMPANIES to “inject an ideological agenda through our economy”, says Florida’s governor, Ron DeSantis. It “empowers an unelected cabal of bureaucrats…to rate companies based on their adherence to left-wing values,” says Mike Pence, a former vice-president....
Why Reddit users are protesting against the site’s leadership
ON JUNE 12TH large parts of Reddit, a social-media platform with nearly 56m active daily users, went dark. The site is made up of forums, known as subreddits. Moderators—users who run these forums on a voluntary basis—removed 8,000 of the most popular from public view...
Why an American novel set in Russia was pulled from publication
ELIZABETH GILBERT, an American author, is more used to soul-searching than grappling with geopolitical problems. Her best-known work, “Eat, Pray, Love”, is a memoir about life after divorce. But in recent weeks she has been ruminating on a grislier subject: Russia’s...
What happened when Russia’s air force attacked Wagner’s rebels?
WHEN WAGNER GROUP mercenaries, commanded by Yevgeny Prigozhin, advanced towards Moscow on June 24th, they met little resistance on the ground. But the rebels did come under attack from the Russian air force—and shot down a surprising number of their attackers. At...
How much power does Alexander Lukashenko have?
MEETINGS BETWEEN Alexander Lukashenko and Vladimir Putin are often awkward. In September, when the Belarusian dictator ranted about men “running away” from mobilisation in Russia, his counterpart squirmed in his seat. That reflects their uncomfortable relationship. Mr...
What long-term security guarantees will the West give Ukraine?
FOR MORE than a year the West’s effort to help Ukraine has run between two tracks: deny Russia a victory but avoid a direct war between it and NATO. Ukraine wants more, and applied to join the NATO alliance in September 2022. It will be denied for now. Instead, as...
Why America has rejoined UNESCO
AMERICA’S RELATIONSHIP with the United Nations Educational, Scientific and Cultural Organisation (UNESCO) is rocky. The agency seems innocuous: it preserves heritage sites, sponsors literacy projects and promotes education on topics from science to genocide. Yet...
Can Russia’s navy thwart attacks by repainting its ships?
ON JUNE 22ND the Admiral Essen, a Russian warship, was spotted in Sevastopol, a Crimean port on the Black Sea, sporting a striking new paint job. Its bow and stern were black and the midsection white, ensuring that, from a distance, the ship looked smaller than it...
What is El Niño?
For the first time in seven years, the weather pattern is back
Why Hong Kong is criminalising a song
ON JULY 5TH Cheng Wing-chun, a 27-year-old Hong Konger, became the first person in the territory to be convicted of insulting China’s national anthem. Mr Cheng posted a 94-second video to YouTube of a local athlete receiving a gold medal at the Tokyo Olympics in 2021,...
How AI image-generators work
THE FLURRY of images generated by artificial intelligence (AI) feels like the product of a thoroughly modern tool. In fact, computers have been at the easel for decades. In the early 1970s Harold Cohen, an artist, taught one to draw using an early AI system. “AARON”...
Why is Turkey blocking Sweden from joining NATO?
MEMBERS OF THE North Atlantic Treaty Organisation (NATO) would like to announce some good news at their annual summit. The military alliance will gather in Vilnius, the Lithuanian capital, on July 11th for a two-day meeting. Russia’s invasion of Ukraine has...
Why a cancer scare around aspartame is mostly unfounded
KATE MOSS, a British model, once quipped that “nothing tastes as good as skinny feels”. Drinkers of Diet Coke, the sugar-free version of the stuff in red cans, and of which Ms Moss is the current face, may agree. Why else would they drink it, when everyone knows (or...
When GPS fails, how can weapons find their targets?
THE NAVSTAR GLOBAL POSITIONING SYSTEM, commonly known as GPS, is familiar to many smartphone users as the technology behind the blue location dot on map apps. But GPS, which is operated by the American space force, was designed for the military. Since its launch in...
Why developing the world’s first malaria vaccine has taken so long
ON JULY 5TH the World Health Organisation, UNICEF and Gavi, an organisation promoting vaccination, announced that 12 African countries would receive 18m doses of the world’s first malaria vaccine. Mosquirix, developed by GSK, a British pharma firm, will be deployed...
What happens when extreme weather hits several places at once?
BETWEEN JULY 10th and July 16th, more than 100m Americans were warned by their government of “potentially deadly” temperatures. Swathes of Asia and Europe are broiling. China’s temperature record was shattered; people sought relief from the heat in bomb shelters....
How many irregular migrants go missing?
ON JULY 9TH Walking Borders, an aid group, reported that 300 migrants travelling on a flotilla of boats from Senegal towards the Canary Islands, a Spanish archipelago, had disappeared. That number was a well-informed guess. Unless the migrants are rescued or their...
Why Russia’s bombings of Ukrainian ports have jolted wheat prices
AFTER THREE nights of Russian attacks, Ukraine’s ports are counting the cost. The latest bombing, which targeted the Black Sea hub of Odessa and nearby Mykolaiv early on July 20th, left at least two dead and more than 20 injured. Some 60,000 tonnes of grain have been...
How two new munitions could affect the war in Ukraine
Read more of our recent coverage of the Ukraine warFIRST IT WAS tanks. Then it was fighter jets. Then cluster bombs. Since Russia invaded in February 2022, Ukraine has secured a range of hardware that Western allies were at first reluctant to give. Two items that...
Can superstars like Beyoncé or Taylor Swift spur inflation?
THE SWORN enemies of Europe’s central bankers include Vladimir Putin, covid-19 and, apparently, Beyoncé. All three have recently been blamed for hot inflation, but the American singer seems an unlikely macroeconomic force. Hotel prices surged in Sweden when 46,000...
What will be the impact of India’s rice-export ban?
FEW THINGS frighten governments as much as hungry voters. In India, after heavy rains in early July wiped out paddy fields, officials acted to pre-empt an unpalatable increase in rice prices. On July 20th the government banned the export of non-basmati white rice to...
What is “friendshoring”?
AT THEIR ANNUAL gathering in Jackson Hole last week the world’s central bankers talked, among other things, about the threat of deglobalisation. Christine Lagarde, president of the European Central Bank (ECB), noted that the governments of Western countries are...
What is AMOC, the heat-distributing Atlantic current?
ASK A CLIMATE scientist about possible “tipping points” and you are likely to hear about AMOC. The Atlantic Meridional Overturning Circulation is a stream of water which, as it flows from the southern to the northern (hence “meridional”) part of the Atlantic, grows...
Have scientists really found a room-temperature superconductor?
SOLID-STATE PHYSICS very rarely goes viral. But that is what happened when a group of researchers at Korea University, in Seoul, announced on July 22nd that they had discovered a “room-temperature superconductor”, a material dubbed LK-99. They published a pair of...
How could FPV drones change warfare?
A YEAR AFTER they were invented, both sides in Ukraine are already fielding thousands of racing drones with improvised warheads. Ukraine’s defence ministry calls them kamikazes, because the warhead destroys the drone itself. They are also known as First Person View...
What is nuclear fusion?
CULHAM, A VILLAGE near Oxford, in England, is home to just 500 people. It is, though, next door to the nearest thing on Earth to a “Silicon Valley” of nuclear fusion. What is happening there epitomises the shift of the search for controlled fusion power from...
What makes ultra-processed foods so bad for your health?
FOOD SHOPPING has become a dangerous pursuit. Nutritional horrors lurk on every shelf. Ready-meals are packed with salt and preservatives, breakfast cereals are sweeter than chocolate bars, and processed meats are packed with nitrite-preservatives, which can form...
Who is Kim Yo Jong, North Korea’s propagandist-in-chief?
NORTH KOREA’S enemies have a busy August planned. First the leaders of America, Japan and South Korea will gather at Camp David in Maryland on August 18th to discuss, among other things, the North’s aggression. Days later the Americans and South Koreans will kick off...
What is the future of the BRICS?
ON AUGUST 22ND the 15th annual summit of the BRICS—a group comprising Brazil, Russia, India, China and South Africa—takes place in Johannesburg. For the first time one of the bloc’s leaders will be absent. As host, South Africa’s president, Cyril Ramaphosa, felt he...
Why are Moscow’s air defences performing so badly?
ON AUGUST 9TH a plume of smoke rose over the Zagorsk manufacturing plant, north of Moscow, which supplies optical equipment to Russia’s armed forces. An explosion there killed one person, wounded 60, and left eight unaccounted for, according to officials, who...
Why was RICO, a mafia-targeting act, used to charge Donald Trump?
THE MAFIA, a sex cult and several titans of Wall Street have all been brought down by America’s Racketeer Influenced and Corrupt Organisations (RICO) Act, a legal tool designed to tackle organised crime. Now a version of it could be used to nail a former president...
Imran Khan’s legal troubles
FOR A MAN who faces multiple charges of terrorism and inciting violence across Pakistan, the case that eventually landed Imran Khan in jail was tame. On August 5th a court in Islamabad, the capital, convicted the ex-prime minister (and former cricket star) of “corrupt...
How dangerous is tranq, the new drug sweeping America?
IN THE EARLY 2010s reports emerged of a nightmarish drug appearing in Russia and eastern Europe. Krokodil, a cheap substitute for heroin that was concocted in kitchen laboratories, left users with scaly skin and rotting wounds. Now a similarly damaging drug, a...
What the Inflation Reduction Act has achieved in its first year
PRESIDENT JOE BIDEN has conceded that the name was a mistake: the success of the Inflation Reduction Act (IRA), his flagship legislation, should not be measured by its effect on inflation. These days the IRA is most often associated with decarbonisation—that is, by...
Can Parkinson’s disease be detected with an eye exam?
IT IS OFTEN said that the eyes are the windows to the soul. Researchers hope that they might also be a window to the brain. Scientists wonder if eye scans could provide information about a wide range of conditions, including ADHD, Alzheimer’s disease, autism,...
Donald Trump and the history of the mugshot
IN 1872 ULYSSES GRANT was reportedly arrested for speeding. One day, as the 18th American president charged along 13th Street in Washington, DC, a policeman waved down his horse-drawn carriage. In the arresting officer’s own telling, Grant made a vain attempt to plead...
How Europe’s new digital law will change the internet
MOST PEOPLE think of Facebook as a social network and Google as a search engine. But tech geeks see these services as “platforms”: vast online territories that users inhabit. The companies that run them have mostly been free to make the rules in these digital places....