EToro's assets under administration rose to $17 billion EToro's funded accounts grew 12% to 4.02 million, while assets under administration rose 15% to $17 billion. The company held $1.3 billion in cash and short-term investments as of March 31. Commodities trading
UOB strategists see limited upside for the pair despite intraday recovery, citing resistance at 158.30 levels. The Japanese yen struggled to break past 158.30 against the US dollar after a volatile trading session that saw USD/JPY spike to 157.76 before briefly dropping to
Swiss Franc holds below 0.7800 amid higher US yields, risk-off markets The US Dollar (USD) maintains its immediate bullish trend against the Swiss Franc (CHF) intact for now, with the pair standing comfortably above 0.7800, after bouncing at lows near 0.7760 last
European Union gas industry lobby groups are urging Brussels to relax gas storage refill targets amid the supply crunch prompted by the war in the Middle East. The EU has a refill target of 90% of storage capacity by November every year in a bid to secure sufficient supply
The International Energy Agency projects a 3.9 million barrel per day decline in world oil supply by 2026 due to geopolitical risks. Global oil supply is expected to decrease by 3.9 million barrels per day in 2026, according to a revised forecast. The decline reflects assu
Global oil supply is projected to decline sharply in 2026 due to Middle East tensions and reduced refinery runs, widening the supply-demand gap. The International Energy Agency revised its 2026 oil supply forecast downward, projecting a 3.9 million barrels per day decline,
Deutsche Telekom AG press release (DTEGY): Q1 Adjusted EPS of â¬0.54 - Revenue increased to â¬29.87B from about â¬29.76B a year earlier, slightly above consensus of â¬29.70B. Service revenue, a key telecom metric, rose 0.8% to â¬25.04B. - Net profit declined to â¬2.04B fro
ING forecasts limited downside for EUR/USD near 1.1650, citing subdued volatility and upcoming ECB signals for a June rate hike. EUR/USD three-month implied volatility has fallen to 5.7%, more than 1% below realized volatility and near the lower end of its five-year range.
Outflows from Bitcoin and Ethereum ETFs totaled $364 million on May 12, led by Fidelity and BlackRock funds. Bitcoin and Ethereum spot ETFs experienced combined net outflows of $364 million on May 12. Bitcoin ETFs alone saw $233 million in outflows, with Fidelity’s FBTC ac
US inflation rises 3.8% year over year in April The April US inflation data showed a year-over-year increase of 3.8%. This number is higher than the 3.3% increase seen in the previous period. The inflation rate was largely in line with consensus estimates,