Fintech firm Revolut launches a Robinhood-style stock trading service
Revolut users will be able to buy a fraction of shares in U.S. companies through its trading platform. Revolut British fintech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform. The company launched...
Market Morning Briefing: Pound Dipped To Test 1.21 And Has Bounced Slightly
STOCKS The US Federal Reserve stating that the a faster pace of rate cuts, as being expected by the market, is not on their radar has triggered a sharp sell-off in equities. The Dow has declined below 27000 and can...
FOMC Review – Market Disappointed as Powell Described Rate Cut as “Mid-Cycle Adjustment”
Fed announced to lower the policy rate by -25 bps to 2-2.25% in July. US dollar jumped while Wall Street declined although the decision came in widely anticipated. The market was probably disappointed by the lack of commitment of future...
The Fed’s Mid-Cycle Adjustment, Dollar Surges And Stocks And Gold Slide, Oil Steady
The Fed initially disappointed markets participants expecting a strong dovish message. The path for future rate cuts is likely as it will be needed to sustain the expansion and more importantly to help fight off disinflationary pressures. Today’s decision should...
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