Monday, June 17, 2024
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Industry News

US repatriates $1.4B misappropriated 1MDB funds to Malaysia

1MDB was created to promote economic development in Malaysia, but instead it went to Hollywood, a superyacht, a Monet and Van Gogh, as part of a $4.5 billion money laundering scheme.

BNY Mellon rebrands to BNY after 240 years in banking

"These changes complement the company’s evolution as a leading global financial services company. The updated brand conveys trust, resilience, and innovation, and helps us align the full breadth of our offerings and capabilities under one brand, to improve familiarity with who we are and all that we do for our clients.”

Retail FX

Institutional FX

iSAM Securities integrates TRAction into its liquidity bridge

"At TRAction, we understand that delegating your transaction reporting should relieve your stress, not add to it. TRAction works to integrate with as many trading venues as possible, including iSAM Securities APEX bridge. We also remain open to integrations and development work with other trading platforms and back-office solutions that help make operations more convenient.”

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Metaverse, Gaming, NFT

Pixelverse Secures $5.5M from Top VCs to Propel Global Web3 Gaming Expansion

Pixelverse, a burgeoning entertainment studio and game ecosystem, has successfully raised $5.5 million in a highly competitive funding round led by premier VC funds and prominent founders from the gaming and Web3 sectors.
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Market News

Global FX Market Summary: European Political Uncertainty, FED, Euro, Global Economic Slowdown, June 17 ,2024

French election uncertainty, hawkish Fed, and global slowdown all weaken Euro (EUR) while strengthening US Dollar (USD).

EURJPY Technical Analysis Report 17 June, 2024

EURJPY currency pair can be expected to rise further toward the next resistance level 171.00, top of the previous intermediate correction (B).

Adobe’s Shares Soared by Around 15% Following the Release of Its Latest Earnings Report

The better-than-expected earnings report triggered a surge in ADBE shares. The price soared by 15% after the release – the most significant rise since March 2020.

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

Base metals could soon take off from the base again

Dive into our full analysis to understand the potential resurgence of base metals and what it could mean for your investment strategy.


Is Web3 really the future of the internet? It certainly seems so. In 2024, the momentum behind decentralized technologies, blockchain, and token-based economies will be stronger than ever.


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