VT Markets Joins Broker Rush Into 24/7 Gold CFDs
VT Markets has launched a gold CFD that trades 24 hours a day, seven days a week, the broker announced today (Wednesday). Called XAUUSD247, the product uses a one-ounce contract and is available to eligible clients through MetaTrader 5 and the VT Markets App.The rollout adds VT Markets to a growing
Capital.com Hires a Government Relations Specialist as Chief Strategy Officer
In an unconventional move, multi-asset broker Capital.com has tapped a seasoned specialist in government relations to be its next Chief Strategy Officer. Mamoon Sbeith spent nearly a decade at the World Bank as an External Affairs and Aid Coordination Officer and has a lengthy tenure at the global c
CFD Brokers Add Faster Withdrawals, but "Instant" Means Different Things
Fusion Markets, Trade Nation, DuraMarkets and Mitrade have each introduced or announced faster withdrawal services since early June. Their claims range from real-time bank settlement to internal processing completed in under an hour.The offers, however, do not use the same clock. Some measure how qu
Rabobank to invest €2 billion in building IT framework for AI
Rabobank is to invest €2 billion in stengthening its IT and data platforms for a new wave of artificial intelligence applications.
Drop in energy prices drive fall in Eurozone producer prices in June
June PPI -0.3% vs -0.3% m/m expectedPrior +0.2%Euro area producer prices came in lower in June, matching estimates with a drop of 0.3% on the month. That being said, there is a big caveat to the figure with it owing mostly to a drop back in energy prices at the time. If you exclude energy prices fro
cTrader Adds Subscriptions as Trading Platforms Court Paid-Tool Creators
Spotware has added recurring subscriptions to cTrader Store, expanding the marketplace beyond one-time purchases. Developers can now sell access to cBots, indicators and plugins through weekly, monthly, six-month or annual payments.The company launched cTrader Store in December 2024 as a marketplace
UK July final services PMI 52.1 vs 51.8 prelim
Prior 48.8Final Composite PMI 52.2 vs 52.1 prelimPrior 49.3Key findings:Business activity rises for first time in three months Marginal rebound in new orders Slowest increase in input costs since FebruaryComment:Tim Moore, Economics Director at S&P Global Market Intelligence, said: "UK service provi
Commodities
Sterling today: Pound holds above $1.34 as dollar stays firm on Fed hike risk
Euro area services sector drives business activity rebound in July - PMI data
July final services PMI 51.7 vs 51.6 prelimPrior 49.4July final composite PMI 52.0 vs 51.9 prelimPrior 50.0The final estimate here reaffirms a solid rebound in euro area business activity to start the third quarter. That as the services print is a 5-month high with the composite print being a 8-mont
Germany July final services PMI 49.8 vs 49.6 prelim
Prior 48.6Final Composite PMI 51.3 vs 51.2 prelimPrior 49.5Key findings:Service sector moves closer to stabilisation as demand picks upBusiness activity falls only fractionally in July New business rises for first time in five months, albeit marginally Rates of input cost and output price inflation
French services sector confirmed to see a modest pick up in July - PMI data
July final services PMI 49.6 vs 49.8 prelimPrior 46.8July final composite PMI 49.4 vs 49.6 prelimPrior 47.2After a struggling second quarter, the start of the third quarter is at least seen looking better for the French economy. New business volumes rose for the first time since November last year,
Tomorrow Lets Retail Investors Back Into Its €15 Million Impact Fund After Two-Year Freeze
Hamburg-based sustainable banking app Tomorrow opened its in-house equity fund to new purchases on Wednesday, restoring a buy function that has been unavailable since the company moved its securities business to Berlin infrastructure provider lemon.markets in 2024. New customers can now open a secur
Spain's services sector continues to impress as business activity rose markedly in July
July services PMI 58.3 vs 54.9 expectedPrior 54.2July composite PMI 56.5Prior 53.3That's quite the beat with Spain services activity growing strongly in July, with the headline estimate being the highest since March 2023. Market demand was widely reported to have improved while price pressures did s
RBI Chief Malhotra: We are neither dovish nor hawkish
We are neither dovish nor hawkishIt's out endeavor to bring inflation in line with target over the medium termQuite possible going forward that as tensions de-escalate that Rupee may strengthenMonetary policy transmission is more or less completeThe Reserve Bank of India left its benchmark repo rate
Investors No Longer Wait for a Crash. What Does That Mean for Retail Brokers?
Retail investors are lowering the threshold at which they would buy a market decline. A new eToro survey found that 26% would invest after a fall of 5% to 10%, up from 22% a year earlier.For retail brokers, that could move client activity closer to ordinary volatility and away from the occasional cr
China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
NAGA Books Its First Profitable Year Half
The NAGA Group reported its first profitable first half today (Wednesday), posting a net profit of €0.9 million for the six months through June, compared with a €2.6 million loss in the same period last year.The group revenue came in at €27.7 million, down from €32.3 million in H1 2025. On an FX-adj
CIBC launches AI platform to take on advisors' administrative work
Canada's CIBC has rolled out an AI-powered platform designed to carry out administrative work so that advisors can spend more time with clients.
Western Union launches Stablecard
Western Union has launched a digital wallet and stablecoin-backed Visa secured credit card designed to enable users to hold, move and spend US dollar value globally.
Crypto
This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast
Non-custodial Bitcoin swap provider Boltz says attackers are finding vulnerabilities faster than its team can fix them, forcing it to suspend swaps indefinitely.