Latest news with #Exness
Khaleej Times
5 days ago
- Business
- Khaleej Times
Dubai: Gold prices stable as Iran-Israel war keeps precious metal high
Gold prices were steady in Dubai on Wednesday morning ahead of the US Federal Reserve meeting, but remain well-supported by the ongoing military conflict in the Middle East. The 24K variant of the precious metal was trading at Dh409 per gram, slightly up from last night's close. Meanwhile, 22K, 21K and 18K were selling at Dh378.75, Dh363.25 and Dh311.25 per gram, respectively. Spot gold was trading at $3,394.53 per ounce, up 0.16 per cent. Wael Makarem, financial markets strategist lead at Exness, said gold prices held steady as investors weighed geopolitical developments against monetary policy expectations. Stay up to date with the latest news. Follow KT on WhatsApp Channels. 'The yellow metal could remain supported by ongoing tensions in the Middle East and continued investor inflows into gold-backed ETFs, which saw a net addition of 21.7 tonnes in the week ending June 13, the highest weekly inflow since early April and the fourth consecutive week of positive flows,' he said.s ' Geopolitical risks remain elevated. In the Middle East, Israel intensified its strikes on Iranian infrastructure. Meanwhile, in Eastern Europe, the ongoing conflict between Russia and Ukraine continues to weigh on investor sentiment, supporting demand for safe-haven assets such as bullion.' He added that the attention now turns to the US Federal Reserve's policy decision on Wednesday. 'While the Fed is widely expected to keep rates unchanged, markets are focused on the projections and press conference for any signals regarding the timing and scope of potential rate cuts later this year. Dovish remarks could increase the appeal of non-yielding assets, while a more cautious tone could lift US Treasury yields and weigh on gold prices. Investors also await key US macro data, including retail sales and industrial production, for further insight into the strength of the economy,' said Makarem.
Wall Street Journal
10-06-2025
- Business
- Wall Street Journal
Oil Rises Amid Optimism Over U.S.-China Trade Talks
0014 GMT — Oil edges higher in the early Asian session amid optimism over U.S.-China trade talks being held in London. There are hopes of a deal, which could lower risks to global growth and help underpin oil demand, Exness' Li Xing says in an email. However, a lack of a clear outcome could weigh on the oil market. Also, worries continue over China's slowing exports and falling imports, including those of crude oil, the financial markets strategist adds. Front-month WTI crude oil futures are up 0.1% at $65.35/bbl; front-month Brent crude oil futures are 0.1% higher at $67.12/bbl. (
Reuters
06-06-2025
- Business
- Reuters
Exness Launches Bold New Global Campaign, Putting Traders at the Heart of the Story
LIMASSOL, Cyprus, June 6, 2025 (EZ Newswire) -- Exness, opens new tab, one of the world's largest retail brokers, has launched its latest global brand campaign, expanding on the impact of last year's 'Born to Trade.' The new campaign dives deeper into the mindset of the modern trader—capturing the drive, focus, and emotional highs and lows that come with every trading session. At the campaign's core is a high-production, visually striking concept that brings to life what trading really feels like—from the anticipation before entering a position to the thrill of making the right call. It's a fresh, high-impact take on what drives traders and what keeps them coming back. Watch the campaign video here: opens new tab Alfonso Cardalda, Exness' chief marketing officer, commented, 'Traders don't just react to the markets, they live them. We understand that, for them, trading is more than a profession; it's a calling. This campaign is built to speak directly to traders' hearts and minds. It captures the adrenaline, drive, and mindset that define real traders while reinforcing what sets us apart: reliable performance, superior products, and a deep understanding of the trader's world. At Exness, we know exactly what traders feel, think, and need, and with this campaign, we are connecting with our traders on a deeper level. That's why we continue to be the broker of choice for over a million active traders worldwide.' Driven by the insight that every trader sees themselves as part of a special breed—ambitious, bold, independent—the campaign reinforces Exness' role as the broker for those who are Born to Trade. It highlights two foundational pillars of the brand: From sharp visuals to immersive storytelling, everything is designed to connect with traders on a deeper level. It's a cinematic tribute to every trader's journey–from moments of doubt to decisive actions. With a global rollout across various channels and platforms, the campaign cements Exness' position as the trusted broker that truly understands traders and gives them the edge they seek. Note About Exness Founded in 2008, Exness is a global multi-asset broker on a mission to reshape the online trading industry. Since its inception, the company has focused on creating the ultimate trading experience through large-scale investment in technology and infrastructure. Exness' fresh approach resonates with traders worldwide, growing the company into one of the most prominent retail brokers in the sector. For more information, visit Media Contact Eleonora Oikonomidou+357 25 ### SOURCE: Exness Copyright 2025 EZ Newswire See release on EZ Newswire
The South African
05-06-2025
- Business
- The South African
Exness wins big at FMAS:2025 and leads conversation on the future of trading in Africa
Exness, one of the world's largest retail brokers, wrapped up a successful few days at Finance Magnates Africa Summit 2025 (FMAS:25), walking away with two key awards: Best Multi-Asset Broker – Africa and Most Reliable Broker – Africa. This recognition reflects Exness' deep-rooted commitment to Africa, a region where transparency, execution quality, and local insight are key to every trader's experience. FMAS:25 brought together industry professionals, partners, and thought leaders from across the continent and beyond. Paul Margarites, Exness Regional Commercial Director, joined the Leaders Roundtable alongside other industry executives to share Exness' approach to product reliability, financial security, and local partnership. He spoke about the broker's core strengths, instant withdrawals, tight and stable spreads, and advanced execution technology, emphasising the role of secure infrastructure and trusted payment systems in maintaining trader confidence. A highlight of the event was Exness' keynote session: 'No BrAIner: How Smart Traders Actually Use AI' , delivered by Terence Hove, Exness Senior Financial Markets Strategist. The session explored how artificial intelligence is changing the way traders make decisions—from automation and sentiment analysis to data-driven risk management—and how this shift is helping traders operate more efficiently in increasingly complex markets. 'Africa's trading landscape is evolving fast, and we are proud to be part of this transformation. Being recognized as both the most reliable and best multi-asset broker in Africa reflects the trust our clients and partners place in us, and the responsibility we carry to keep raising the bar.' FMAS was also an opportunity for attendees to meet the people behind Exness, including the Partnership Relationship Managers (PRMs) who work directly with introducing brokers and affiliates across Sub-Saharan Africa. These professionals play a critical role in helping partners grow by offering strategic insights, operational support, and local market knowledge. Founded in 2008, Exness is a global multi-asset broker with the mission to reshape the online trading industry. Since its inception, the company's goal has been to create the ultimate trading experience through large-scale investment in technology and infrastructure. Their fresh approach resonates with traders around the world, growing Exness into one of the most prominent retail brokers in the sector.
Khaleej Times
03-06-2025
- Business
- Khaleej Times
Dubai: Gold prices slip in early trade after jumping over Dh10 per gram
Gold prices slipped Dh1.5 per gram on Tuesday after jumping over Dh10 on Monday. The 24K variant of the precious metal rose Dh10.5 per gram to Dh406.75 on Monday but slipped to Dh405.25 per gram on Tuesday morning. Meanwhile, 22K, 21K and 18K were trading at Dh375.25, Dh359.75 and Dh308.5 per gram, respectively. Spot gold was trading at $3,361.67 per ounce, down 0.35 per cent. Dilin Wu, research strategist at Pepperstone, said gold extended its choppy trading pattern from mid-April last week, with bearish pressure dominating. 'A series of developments — including shifting White House rhetoric on EU tariffs, resilient US data, changing market sentiment on Treasuries, and legal challenges to tariff legitimacy — have all contributed to the recent price swings... Gold remains range-bound between $3,170 and $3,430, with downward momentum still in control,' said Wu. Looking ahead, she said uncertainty around the legal path of US tariffs and the trajectory of the tax bill will likely keep gold supported on dips, while resilient US data, the Fed's reluctance to shift dovish, and some gold selling from China on Friday may cap upside momentum. Inki Cho, financial markets strategist consultant to Exness, said gold prices were bolstered by renewed trade tensions and escalating geopolitical risks on Monday. 'President Donald Trump announced plans to double tariffs on steel and aluminium imports to 50 per cent starting June 4, a decision that comes amid ongoing legal disputes over current tariffs. Markets responded cautiously, seeking shelter in traditional hedges like gold. Further uncertainty emerged after Trump accused China of violating a recent trade truce, prompting a sharp exchange of claims between the two governments,' he said.
