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Weekly Highlights: Revolut Unveils CFD Platform, eToro Buys Aussie Investing App, and More
Revolut Targets CFD Traders with New App in the EU Top in this week’s headlines, Revolut launched a standalone platform, Revolut Invest, to expand its wealth management offerings, including contracts for differences (CFDs). The new app offers around 5,000 other assets, including US and European stocks, exchange-traded funds, commodities, and bonds. The British fintech firm…
OPEC+ will increase oil output production more than expected: +548,000 (+411,000 expected) | Forexlive
OPEC+ will raise oil production by 548,000 barrels per day in August. This is faster than expected. OPEC+ had previously announced increases of 411,000 barrels per day for each month of May, June and July, and this was the increase expected to be announced at Saturday’s meeting. OPEC+ cited: steady global economic outlook current healthy…
Tesla (TSLA) Shares Jump After Musk’s Davos Remarks
This year’s Davos Forum has drawn attention not only because of developments around Greenland and Donald Trump’s proposed Peace Council, but also due to the appearance of Elon Musk, who has previously criticised the event. The world’s richest man made bold statements regarding Tesla’s Optimus humanoid robots, which became a key talking point. According to…
The Pound and Euro Reach New Yearly Highs
Despite global economic instability and Donald Trump’s tariff policy, the EUR/USD and GBP/USD currency pairs are demonstrating upward momentum, reaching new yearly highs. Today, market participants are focused on the European Central Bank meeting, where significant statements regarding monetary policy are expected. Yesterday, Federal Reserve Chair Jerome Powell highlighted the impact of the tariff policy…
