Exclusive: Global economy: Tensions and weak growth
June 26, 2025 BY Leaprate Staff

Central Banks Grapple With Divergent Paths

ECB Cuts The European Central Bank (ECB) led the charge with a deposit facility rate cut, emboldened by inflation settling near its 2% target and an improving, albeit gradual, economic recovery within the Eurozone. Lower energy prices, coupled with slower wage growth and a stronger euro, have provided the ECB with the necessary leeway to…

Read more
IC Markets Trading View
June 26, 2025 BY Leaprate Staff

IC Markets Continues AEL Partnership For 2 More Years

The recent news follows a period of significant activity for IC Markets, with the company actively expanding its global footprint with new licenses and strategic hires. The firm recently secured a license in the United Arab Emirates (UAE), enabling it to tap into the burgeoning Middle East market. This move aims to provide traders in…

Read more
June 26, 2025 BY Leaprate Staff

Plus500 Expansion Continues Into Canadian Market

The Canadian market entry is the latest in a series of strategic initiatives undertaken by Plus500 to fuel growth. In March, the company acquired Indian financial services firm Mehta Equities for approximately $20 million, signaling its intent to tap into emerging markets. This acquisition, coupled with regulatory approvals in regions like the UAE, demonstrates Plus500's…

Read more
Kraken
June 26, 2025 BY Leaprate Staff

Kraken Secures MiCA Licence, Cementing European Ambitions

The MiCA framework, which became fully applicable in December 2024, represents a watershed moment for the crypto industry in Europe. It aims to provide a harmonized regulatory structure, fostering innovation while simultaneously safeguarding consumers and investors, and combating money laundering and other illicit activities. By achieving this milestone, Kraken has not only validated its commitment…

Read more
Vanguard redirects focus from Hong Kong to Shanghai
June 26, 2025 BY Leaprate Staff

Hong Kong's Stablecoin Ordinance Get's A Date

The HKMA's Stablecoin Ordinance is expected to provide much-needed regulatory clarity, potentially fostering greater institutional adoption of stablecoins like USDC. This move aligns with similar regulatory efforts in the United States, where lawmakers have been actively working towards establishing a comprehensive legal framework for stablecoins. These developments are viewed as crucial steps in legitimizing stablecoins…

Read more
June 26, 2025 BY Leaprate Staff

Italy’s Regulator Orders the Blackout of 7 Additional Websites

The action targets six unauthorised financial intermediation websites and one platform conducting an unlawful offer of financial products without a required prospectus.  Consob exercised its powers under the “Growth Decree” to enforce the blackout. The blacklisted websites include: EXT24 (http://ext247.co and http://my.ext247.co) Rgroupltd (http://rgroupltd.cm and and pages http://client.rgroupltd.cm and http://webtrader.rgroupltd.cm) Trevorex (http://trevorrex.com and http://app.trevorrex.com) AHP…

Read more
June 24, 2025 BY Leaprate Staff

WTI Oil: further downside?

Monthly descending triangle in play The flow on the monthly chart reveals that price action completed a descending triangle in April this year, formed between US$95.00 and US$64.41. Following the breach of the lower boundary and refreshing year-to-date (YTD) lows of US$55.15, a determined pullback materialised and resulted in the unit testing the upper barrier…

Read more