Afternoon Briefing 11 July 2023: Oil Rises on OPEC+ Production Cuts
Abstract：Asian stocks rose as Wall Street snapped a three-day losing streak.
Asian Markets
Asian stocks rose as Wall Street snapped a three-day losing streak.
European Markets
European bourses mostly up as UK record wage growth added to inflation worries.
US Pre-Open Markets
The US stock market tends to rise as traders are waiting for the main inflation data.
Commodities
Oil rose on OPEC+ cuts and traders are eyeing economic data.
U.S. Treasury Yield
Treasury yields fell as investors looked to key economic data.
Major Currency Pairs
The dollar slipped as the Fed's hike cycle draws to a close and focus on US inflation.
Read more
Broker Comparsion: FXTM vs AvaTrade
FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.
Shocking Move: Yen Breaks Past 140 Barrier!
The yen's breakout above the 140 mark has caught global attention, and the reasons behind it are more than technical.
FINRA fines SpeedRoute for alleged rule violations
The Financial Industry Regulatory Authority (FINRA) has imposed a $300,000 fine on SpeedRoute LLC for a series of supervisory, risk management, and anti-money laundering (AML) program deficiencies spanning from 2017 to the present. Of this amount, $75,000 is payable to FINRA, with the remainder offset by SpeedRoute’s limited ability to pay. In addition to the monetary penalty, SpeedRoute has been censured and ordered to overhaul its compliance framework, including enhancing its written supervisory procedures (WSPs) for market access controls and strengthening its AML program.
Nigeria's Oil Crisis: How Are Stakeholders Responding?
Despite being rich in oil, Nigeria struggles with refining shortages. What’s behind this paradox, and how are different actors reacting?
WikiFX Broker
Latest News
Love, Investment & Lies: Online Date Turned into a RM103,000 Scam
WikiFXBroker’s Promise Turns to Loss – Funds Disappear, No Compensation!
WikiFXBroker Took 10% of User's Profits – New Way to Swindle You? Beware!
WikiFXPi Network: Scam Allegations Spark Heated Debate
WikiFXBroker Comparsion: FXTM vs AvaTrade
WikiFXAccount Deleted, Funds Gone: A New Broker Tactic to Beware Of?
WikiFXEl Salvador and U.S. Launch Cross-Border Crypto Regulatory Sandbox
WikiFXThe Instagram Promise That Stole RM33,000
WikiFXKraken Partners with Alpaca to Offer U.S. Stocks and Crypto
WikiFXBefore You Trade the Next Big Thing, Remember the Dot-Com Collapse
WikiFXRate Calc
