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London’s Fintech FOMO: Treasury Woos Revolut and Monzo for IPOs
London’s Fintech FOMO: Treasury Woos Revolut and Monzo for IPOs
News Discussion Forum
By Finance Magnates
London’s Fintech FOMO: Treasury Woos Revolut and Monzo for IPOs
UK Treasury holds meeting to urge Revolut, Monzo, and other fintech stars to list in London as IPO drought deepens and global rivals circle.
revolut
Monzo
fintech
london
London Stock Exchange
Implications of the US inflation figures – Commerzbank
Implications of the US inflation figures – Commerzbank
The US Dollar (USD) depreciated significantly yesterday following the weaker-than-expected US inflation data. At first glance, this may seem logical. After all, subdued inflationary pressure favours potentially faster interest rate cuts by the Fed. However, the reaction was anything but trivial.
DollarIndex
Banks
Inflation
Fed
Prop Firm City Traders Imperium Opens Offshore Comoros Entity to Launch In-House MT5
Prop Firm City Traders Imperium Opens Offshore Comoros Entity to Launch In-House MT5
News Discussion Forum
By Finance Magnates
Prop Firm City Traders Imperium Opens Offshore Comoros Entity to Launch In-House MT5
City Traders Imperium (CTI) has announced the addition of an in-house MetaTrader 5 (MT5) platform from MetaQuotes to its offering. This move places CTI among a growing number of challenge-based ret...
prop firms
proprietary trading
City Traders Imperium
WTI Price Forecast: Bulls have the upper hand while above $62.00/200-period SMA on H4
WTI Price Forecast: Bulls have the upper hand while above $62.00/200-period SMA on H4
West Texas Intermediate (WTI) US Crude Oil prices remain depressed through the early European session on Wednesday and for now, seem to have snapped a four-day winning streak to mid-$63.00s, or over a two-week high touched the previous day.
Oil
Commodities
Technical Analysis
WTI
EUR/USD: Cyclical versus structural challenges – ING
EUR/USD: Cyclical versus structural challenges – ING
The dollar is doing its best to unwind April's sharp losses, ING's FX analysts Francesco Pesole and Chris Turner note.
EURUSD
Banks
Technical Analysis
EUR/USD: Current corrective pullback has a chance to reach 1.0945 – UOB Group
EUR/USD: Current corrective pullback has a chance to reach 1.0945 – UOB Group
Euro (EUR) could rebound further vs US Dollar (USD), but any advance is likely part of a higher range of 1.1125/1.1225.
Technical Analysis
EURUSD
Banks
Silver Price Forecast: XAG/USD holds losses below $33.00 as safe-haven demand weakens
Silver Price Forecast: XAG/USD holds losses below $33.00 as safe-haven demand weakens
Silver price (XAG/USD) halts its four-day winning streak, trading around $32.80 per troy ounce during the European hours on Wednesday. The metal’s safe-haven appeal has weakened amid easing global trade tensions.
Silver
Macroeconomics
Majors
Commodities
Metals
EURUSD is approaching a key resistance amid some dollar weakness
EURUSD is approaching a key resistance amid some dollar weakness
There was no catalyst for the sudden weakness in the US Dollar but this move could offer a great opportunity for dollar bulls
Gold turns flat with a little bit of help from a weaker Greenback
Gold turns flat with a little bit of help from a weaker Greenback
Gold (XAU/USD) dips back to $3,235 on Wednesday while the worst of the selling pressure seems to be over due to a softer US Dollar (USD).  The softer-than-expected inflation reading for April released on Tuesday, gave markets a push to head into Risk On assets, with the widely-feared inflation shock
Gold
Commodities
UnitedStates
SEO
TradeWar
ECB's Nagel: June rate decision will depend on incoming data
ECB's Nagel: June rate decision will depend on incoming data
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Wednesday that June's interest rate decision will depend on incoming data.
ECB
CentralBanks
EURUSD
InterestRate
USDCHF returns inside the big range as the short positioning in the USD unwinds
USDCHF returns inside the big range as the short positioning in the USD unwinds
The USDCHF pair broke out of the big range during the April risk off flows but has now bounced back inside the range. What's next?
Dollar selling picks up to start the session
Dollar selling picks up to start the session
EUR/USD comes close to filling the opening gap lower from Monday
NZD/USD Price Forecast: Rises to near 0.5950 after breaking above nine-day EMA
NZD/USD Price Forecast: Rises to near 0.5950 after breaking above nine-day EMA
The NZD/USD pair holds gains after registering approximately 1.50% gains in the previous session, trading around 0.5940 during the European hours on Wednesday. The technical analysis of the daily chart indicates a neutral stance, as the pair continues to consolidate within a rectangular range.
NZDUSD
Technical Analysis
Majors
Pound Sterling outperforms US Dollar as US inflation cools down
Pound Sterling outperforms US Dollar as US inflation cools down
The Pound Sterling (GBP) gains further to near 1.3350 against the US Dollar (USD) in Wednesday’s North American session.
GBPUSD
Fed
BOE
Inflation
SEO
FalconX-Standard Chartered Partnership Shows Growing Institutional Crypto Demand
FalconX-Standard Chartered Partnership Shows Growing Institutional Crypto Demand
News Discussion Forum
By Finance Magnates
FalconX-Standard Chartered Partnership Shows Growing Institutional Crypto Demand
FalconX, a crypto prime broker, has formed a strategic partnership with global lender Standard Chartered to enhance its offerings for institutional clients.
FalconX
Standard Chartered
USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD remains subdued for the second consecutive session, hovering near 1.3930 during early European trading on Wednesday. The US Dollar (USD) lost ground after April’s Consumer Price Index (CPI) figures came in below forecasts, prompting a shift in market sentiment.
USDCAD
Macroeconomics
Majors
Canada
BOC
NAGA "SuperApp" Revamp Draws New Account Openings and Platform Activity in Q1 2025
NAGA "SuperApp" Revamp Draws New Account Openings and Platform Activity in Q1 2025
News Discussion Forum
By Finance Magnates
NAGA "SuperApp" Revamp Draws New Account Openings and Platform Activity in Q1 2025
NAGA (XETRA: N4G ) has introduced a daily interest feature for euro accounts and expanded access to over 3,000 stocks and ETFs during the first quarter of 2025, the German fintech announced today (...
Naga
Naga Group
Q1 2025
European indices open little changed to kick start the day
European indices open little changed to kick start the day
Not a whole lot in it as the session gets underway
Goldman Sachs lifts forecast for European, UK stocks
Goldman Sachs lifts forecast for European, UK stocks
The firm sees better prospects for European and UK equities after the recent trade developments
Spain April final CPI +2.2% vs +2.2% y/y prelim
Spain April final CPI +2.2% vs +2.2% y/y prelim
Latest data released by INE - 14 May 2025
Gold Technical Analysis – We continue to price out the stagflationary risk
Gold Technical Analysis – We continue to price out the stagflationary risk
The much better than expected US-China news continues to reverberate as the market prices in better growth and less rate cuts. What’s next?
Forex Today: Central bank speak to garner attention in absence of data releases
Forex Today: Central bank speak to garner attention in absence of data releases
Here is what you need to know on Wednesday, May 14:
Majors
Macroeconomics
Currencies
EconomicIndicator
Commodities
EUR/GBP gains traction above 0.8400 after German inflation data
EUR/GBP gains traction above 0.8400 after German inflation data
The EUR/GBP cross trades in positive territory near 0.8415, snapping the seven-day losing streak during the early European trading hours on Wednesday.
EURGBP
Macroeconomics
Crosses
"Millionaires' Factory" Faces Reckoning Over 14-Year Short Sale Reporting Failures
"Millionaires' Factory" Faces Reckoning Over 14-Year Short Sale Reporting Failures
News Discussion Forum
By Finance Magnates
"Millionaires' Factory" Faces Reckoning Over 14-Year Short Sale Reporting Failures
Australia's financial watchdog has launched legal proceedings against Macquarie over allegations it misreported millions of short sales to market operators over a 14-year period, potentially distor...
Asic
Macquarie
eToro Upsizes IPO Price to $52 a Share: Aims to Raise $310M at $4.2B Valuation
eToro Upsizes IPO Price to $52 a Share: Aims to Raise $310M at $4.2B Valuation
News Discussion Forum
By Finance Magnates
eToro Upsizes IPO Price to $52 a Share: Aims to Raise $310M at $4.2B Valuation
eToro has confirmed that it has increased the price of its initial public offering (IPO) to $52 per share, as its shares are set to begin trading publicly on Nasdaq today (Wednesday) under the tick...
Palladium price today: Rare metals mixed at the start of the European session
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Wednesday, according to FXStreet data. Palladium (XPD) changes hands at $953.80 a troy ounce, with the XPD/USD pair easing from its previous close at $957.25.
Metals
Commodities
Palladium
TP ICAP Posts Record Revenue as Trump's Trade Policy Uncertainty Spurs Trading
TP ICAP Posts Record Revenue as Trump's Trade Policy Uncertainty Spurs Trading
News Discussion Forum
By Finance Magnates
TP ICAP Posts Record Revenue as Trump's Trade Policy Uncertainty Spurs Trading
TP ICAP, the world's largest interdealer broker, reported record quarterly revenue of £629 million for the first quarter of 2025, a 10% increase from the same period last year, as market volatility...
TP Icap
Q1 2025
ICAP
What are the main events for today?
What are the main events for today?
Central bank speakers are the only highlight
market overview
BoE’s Mann: UK labor market has been more resilient than expected
BoE’s Mann: UK labor market has been more resilient than expected
“The UK labor market has been more resilient than expected,” Bank of England (BoE) policymaker Catherine Mann said on Wednesday.
BOE
CentralBanks
GBPUSD
InterestRate
Eurostoxx futures -0.1% in early European trading
Eurostoxx futures -0.1% in early European trading
Light changes as we look to the session ahead
Crude Oil price today: WTI price bearish at European opening
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $62.94 per barrel, down from Tuesday’s close at $63.23.
Oil
WTI
Commodities
Germany April final CPI +2.1% vs +2.1% y/y prelim
Germany April final CPI +2.1% vs +2.1% y/y prelim
Latest data released by Destatis - 14 May 2025
EUR/JPY Price Forecast: Bullish outlook remains in play near 164.50
EUR/JPY Price Forecast: Bullish outlook remains in play near 164.50
The EUR/JPY cross attracts some sellers to around 164.40 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the prospects for further policy normalization by the Bank of Japan (BoJ).
EURJPY
Technical Analysis
Crosses
Bullish
AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
The AUD/JPY cross attracts some sellers during the Asian session on Wednesday, and for now, it seems to have snapped a two-day winning streak to the 95.65 area, or a nearly two-month high touched the previous day.
AUDJPY
BOJ
RiskAppetite
RBA
Currencies
USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF).
USDCHF
Majors
Macroeconomics
Switzerland
SNB
China grants first rare earth export permits since adding restrictions last month – Reuters
China grants first rare earth export permits since adding restrictions last month – Reuters
Citing industry sources familiar with the matter, Reuters reported on Wednesday that China has granted its first rare earth export permits since adding restrictions last month.
China
TradeWar
UnitedStates
AUDUSD
China grants first rare earth export permits since adding restrictions last month - report
China grants first rare earth export permits since adding restrictions last month - report
Reuters reports, citing industry sources familiar with the matter
Politics
Dollar gets a check back as early week momentum falters
Dollar gets a check back as early week momentum falters
The greenback didn't get any love from the US CPI report yesterday
EUR/USD strengthens to near 1.1200 as risk appetite returns
EUR/USD strengthens to near 1.1200 as risk appetite returns
The EUR/USD pair gains ground to around 1.1195 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after the cooler-than-expected US April inflation data.
EURUSD
Majors
Macroeconomics