J. Safra Sarasin Group and Saxo Bank announce today the signing of a strategic acquisitionby J. Safra Sarasin of approximately 70% of Saxo Bank, previously held by Geely FinancialsDenmark A/S, a subsidiary of Zhejiang Geely Holding Group Co. Ltd, and Mandatum Group.This transaction highlights
Traders
Wallstreet market U.S. stocks gave up gains towards the close on Tuesday, however the S&P 500 and Nasdaq Composite were still able to edge up to new record closing highs. The Dow Jones finished down. The Federal Reserve remains squarely focused on the dual mandate to promote maximum employment and stable prices for the benefit […]
Gold, DXY, T-Yields Gold prices have seen a steady trading range of around $30 for each ounce in the spot market, with a potential pickup of 4% in 2024’s second quarter. This week’s macroeconomic data was light, and gold had a mild week of trading despite some expectations of volatility. Spot prices remained at or […]
It is no secret that a large number of traders get into trading to reap the profits and secure a silent income. However, the world of trading is not free of risks, especially that it is controlled by several variable factors that could drastically affect market performance over night, causing traders to lose money. Although […]