We won't be getting impetus from any of this lot. That PBoC rate decision is on the LPRs, and is of little relevance to traders. The central bank now treats the seven-day reverse repo rate as its primary policy instrument. Much more on this here. This article was written
US Vice President J.D. Vance is in Switzerland meeting with Iranian officials in meetings mediated by Qatar:Trump empowered us to find a diplomatic solution to a host of issuesThe question is whether we can change relations in the Middle East permanentlyIran has been a driver of regional instability
Iran's Khatam-al Anbiya HQ announced that the Strait of Hormuz will be closed to all maritime traffic. The military headquarters cites US breaches of the war-ending deal and ongoing Israeli ceasefire violations, along with the non-withdrawal in Lebanon. They warned this is only the "first step." The
Israel and Hezbollah have agreed to a ceasefire to start almost immediatelyTwo killed in drone strike in Southern Lebanon after ceasefireCanada April retail sales +0.5% vs +0.6% expectedUK PM Starmer to weigh future over the weekend - report"Multiple" cabinet ministers will tell Starmer to set out a
Why brokers aren’t always the bad guysWhat does dispute resolution in the CFD and retail FX industry actually look like in practice? FM Intelligence analyzed all 1,468 retail FX and CFD complaints handled by the Financial Commission in 2025. It found that brokers were not at fault in 94.8% of cases,
Charles Schwab is preparing to launch a new set of binary options tied to the performance of the S&P 500 through a partnership with Cboe Global Markets. The products will allow Schwab clients to take simple yes-or-no positions on whether the index reaches a specified outcome. If the condition is met
This has to be the most-fragile ceasefire in history. It's hard to believe this is ever going to hold. This article was written by Adam Button at investinglive.com.
The party can't last forever.Friday's rally in stock markets -- particularly in chip stocks -- surprised me. The Fed was hawkish and stock market sold off during the FOMC press conference as bonds priced in a more-hawkish rate path. That all made perfect sense but then stocks immediately turned afte
UK politics is incredible. In 2024, Starmer delivered 411 of the 650 seats in the House of Commons and now he's on the way out. "Consider it over the weekend" is generally a code phrase for "I'll resign on Monday" but we will see.UK politics is an intense Game of Thrones and the non-stop backstabbin
Today's meeting between the US and Iran was postponed in light of the ongoing fighting in Lebanon but that looks to have been cleared up by today's ceasefire (hopefully). Now Iran's foreign minister says plans are underway for a meeting in the coming days.He said the talks will be about a final agre
A report from The Times says multiple cabinet ministers will tell UK PM Starmer that his "time is up" and to set out a timeline for his departure.UK politics are brutal.Update: We learned that UK transport minister Heidi Alexander Calls was one of them. This article was w
A 'senior US official' cited by Reuters says that Israel and Lebanon have agreed to a ceasefire from 4 pm local time, which is just minutes from now. Oil prices gave up a 50 cent gain and turned negative on the headline. That's now extended to being down 64 cents to $75.96.Earlier today, four Israel
The Swiss broker-bank Dukascopy Bank has launched a new flagship mobile application that combines banking services, retail CFD trading, foreign exchange, payments, and investment tools in a single interface.The launch follows a recent expansion of Dukascopy’s trading infrastructure, including a dedi
Prior was +0.9%The advanced April reading was +0.6%April retail sales ex autos +0.1% vs +0.7% expectedPrior ex autos +1.4% (revised to +1.2%)Sales were up in five of nine subsectorsCore sales excluding gas stations were down 0.7%Advanced May sales +1.0%This is a poor report and highlights how hard g
How have interest rate expectations changed after this week's events?ECB policymaker Wunsch says upside surprises in inflation would justify further tighteningECB policymaker Lane sees the current inflation shock as "mid-sized", defends rate hikeUSD/JPY is near the highest level since 1986 as diverg
The votes are in. The industry's most credible awards, the UF AWARDS GLOBAL 2026, have announced this year's winners, recognising the best brokers, technology providers and fintech brands operating on the global stage. Following a Voting Round that concluded on 15 June, the results were revealed at
Investment scams cost Australians A$837.7 million in 2025, the country's largest single category of scam loss, according to the National Anti-Scam Center. The Australian Securities and Investments Commission has opened a register of legitimate licensee website addresses, inviting more than 6,500 fir
The Federal Security Service of the Russian Federation has “stopped the illegal activities” of the executives of a Cyprus-based broker and their accomplices over an alleged fraud involving more than 7 billion rubles, the Russian version of Finance Magnates first reported.Three of the suspects have b
Prior -1.3% (revised to -1.0%)Retail sales +3.2% vs +1.9% y/y expectedPrior +0.0% (revised to +0.1%)Retail sales ex autos, fuel 1.2% vs +0.4% m/m expectedPrior -0.4% (revised to -0.1%)Retail sales ex autos, fuel +4.6% vs +3.3% y/y expectedPrior +1.1%Full report hereThis is a good report but won't ch
EUROPEAN SESSIONIn the European session, we have only the UK Retail Sales report. The data is expected to show a 0.5% increase in May compared to a -1.3% decline the prior month. The Retail Sales Ex-Fuel M/M measure is seen at 0.4% vs -0.4% in the prior month. This is generally a market-moving relea