Warning Savings protection Warning The AMF and the ACPR warn the public against the activities of several entities offering investments in Forex and in crypto-assets derivatives in France without being authorized to do so

1.3 Wed 30/09/2020 - 12:00 Reference texts Articles 318-44, 321-77, 321-81 and 323-39 of the General Regulation Articles 47, 48 and 92 of Delegated Regulation (EU) 231/2013 of the European Parliament and of the Council of 19 December 2012 …

Dubai, UAE, June 15th, 2026, FinanceWire The gathering brought together more than 30 professionals across AI, energy, finance, mobility, sustainability, cybersecurity, design, and sports business for a high-level exchange on practical innovation. STARTRADER hosted the KTH Alumni Evening in Dubai, bringing together 74 alumni of KTH Royal Institute of Technology, technology professionals, AI innovators, entrepreneurs, and industry leaders for a curated evening focused on cross-sector dialogue, intelligent innovation, and real-world collaboration. Founded in 1827, KTH Royal Institute of Technology is Sweden's largest technical university and one of Europe's most influential centres of innovation, ranked #74 globally and #37 in Engineering and Technology by QS World University Rankings 2025. It has spent nearly two centuries producing graduates who shape industries at the highest level. Designed as more than a networking event, the gathering brought together technical expertise, business strategy, and future-focused thinking. With participants across AI, renewable energy, smart grids, cybersecurity, fintech, mobility, sustainability, blockchain, architectural lighting, and sports business, the evening showed how innovation grows when ideas move across industries. The programme featured Peter Karsten, CEO of STARTRADER, with 30 years of C-level experience across AI, machine learning, and tech infrastructure, who framed the evening around turning ambitious technology into measurable business value. David Watts, Head of Middle East Strategy and Development at the NBA, added a sharp sports-business perspective on how global partnerships and community-led growth create lasting market relevance. The evening also reflected a natural alignment between KTH's engineering legacy and STARTRADER's approach to financial technology. As a company at the intersection of markets, platforms, and client experience, STARTRADER sees gatherings like this as a direct pipeline from emerging technology to practical value, for its clients, partners, people, and the wider ecosystem it serves. The exchange was further enriched by founders, executives, researchers, and innovation leaders including Nuha Salem, Bahgat Ahmed, Farhan Mahmood, Vinay Nagendra, Vigneshwaran Ramesh, and Karthik Iyer. Their work across emerging technology, production AI, power systems, Industry 4.0, mobility strategy, blockchain, and deep tech helped turn the evening into a practical conversation on what is already being built across the region. "KTH has spent nearly two centuries producing people who build things that matter. Bringing that community together in Dubai, alongside leaders from energy, finance, mobility, and beyond, reflects exactly the kind of cross-sector thinking that drives real progress. These are the conversations that move ideas forward." — Peter Karsten, Chief Executive Officer, STARTRADER Those words carry particular weight in the context of financial services. The global AI trading platform market is projected to reach USD 33.45 billion by 2030, with agent and algorithmic trading already commanding nearly 40% of that market. For brokers operating at the frontier of this shift, conversations like the ones held that evening are strategic. STARTRADER's role here extends beyond hosting. The relationships and perspectives that emerge from evenings like this inform how the company develops its platforms, supports its partners, and positions itself within the markets it serves. About STARTRADER STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY. Regulated in five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth. Contact Janna Magabilen STARTRADER Janna.magabilen@startrader.com

Employee onboarding is a busy time for IT teams. New starters need devices, accounts, access permissions, and passwords, all delivered within a tight timeframe. That usually means sharing a temporary "first-day" password so employees can access systems for the first time. The issue is that these passwords don't always stay temporary. They may be sent over email or SMS, reused across accounts,

SAVE $220: As of June 15, the Amazon Fire TV 55-inch Omni is on sale for $279.99 at Amazon. That's a 44% discount on the list price. Opens in a new window Credit: Amazon Amazon Fire TV 55-Inch Omni $279.99 at Amazon $499.99 Save $220   Get Deal Looking for a new TV to watch the rest of the World Cup in high definition? Meet the Amazon Fire TV 55-inch Omni. As of June 15, it's currently on sale for $279.99. Normally priced at $499.99, that's more than $200 in savings and its best-ever price.This TV benefits from 4K Quantum Dot quality, so everything you watch has richer color, from movies to live sports. It's also supported by advanced HDR including Dolby Vision IQ and HDR10+ Adaptive, with additional HDR10 and HLG compatibility. It even features Adaptive Brightness, which uses a built-in sensor to automatically adjust picture brightness based on the lighting in the room. Mashable Deals Be the first to know! Get editor selected deals texted right to your phone! Get editor selected deals texted right to your phone! Loading... Sign Me Up By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use. Thanks for signing up! This TV also has the Fire TV Ambient Experience. This means you can transform the screen to display artwork or personal photos when the TV is not in use. And with Fire TV, you'll get access to streaming content through apps such as Netflix, Prime Video, Disney+, and more.You can also connect other Amazon devices with the Alexa Home Theater function. Pair Echo speakers or other soundbars to create bigger, more surround sound.Head to Amazon to score this TV deal.

When the US Energy Information Administration published its June Short-Term Energy Outlook last week, its central finding was striking: global oil demand is now forecast to fall by 1.1 million barrels per day in 2026, the first annual demand decline since the pandemic, revised sharply from growth of 0.2 million b/d forecast just a month earlier. The mechanism was straightforward: $100-plus oil destroys its own demand. Over the weekend, Brent appeared to be reading the same document. Crude has now fallen almost 20% from its 2026 highs as ceasefire optimism built through May and into this week, recording its worst monthly performance since Covid. The US and Iran are reported to be “mostly agreed” on a 60-day memorandum of understanding, pending final sign-off. Whether the deal lands this week or not, the direction of travel in the oil market has shifted — and the EIA’s scenario framework now looks prescient rather than academic. What the STEO actually said The June outlook was built around a closed-Strait scenario. With more than 11 million barrels per day of Gulf production effectively shut in, the EIA modelled a world in which OECD inventories would fall to their lowest level since records began in 2003, around 50 days of forward demand cover. Brent was projected to hold near $105 through the summer on the assumption that the Strait would reopen in the third quarter but that shipping traffic would not normalise until early 2027. The demand revision was the EIA’s clearest signal that the energy shock was beginning to feed back on itself. High prices were suppressing consumption across OECD economies, with industrial demand particularly exposed. It was, in effect, the agency documenting the ceiling on oil prices: above a certain level, the cure is embedded in the disease. Why the weekend moves matter for the week ahead The ceasefire reports have done two things simultaneously. They have taken Brent from the EIA’s $105 scenario assumption towards the low $90s, and they have complicated the inflation picture heading into Wednesday’s FOMC decision in ways that last week’s CPI and PPI data — both running hot on headline measures — could not have anticipated when they were released. The hawkish repricing that followed the 4.2% CPI print and the record 6.5% annual PPI reading was built on the assumption that the energy shock was sticky. If the Strait reopens on a 60-day ceasefire timeline, the headline inflation impulse that has driven forecast revisions across the Street, loses a significant part of its foundation. That creates an unusual setup for Warsh’s first press conference as Fed Chair on Wednesday. He inherits a committee that drifted hawkish on data that may now be near its peak, a bond market that repriced meaningfully last week, and a geopolitical development that could bring the energy shock forward to resolution faster than anyone’s base case assumed. The figure to watch The EIA’s intermediate demand index, stage 1 inputs to the production chain, rose 3.2% in May, a series record, and is running 12.3% ahead of a year ago. That pipeline pressure does not unwind with a ceasefire; it reflects costs already absorbed into the production chain, which pass through to consumers over months rather than weeks. Core inflation, which held below consensus in both the CPI and PPI reports last week, is the number that tells you whether those pipeline costs are being absorbed or passed on. On current readings they are largely being absorbed, which is the argument for the Fed holding rather than hiking, regardless of where headline inflation sits. A ceasefire and a fall in energy prices resolves the headline problem; the core trend is what the committee will watch from here. The STEO’s demand-destruction story was always going to resolve one of two ways: either the shock sustained itself long enough to crater consumption permanently, or it burned itself out through price — and the prospect of a deal suggests the latter. Either way, the EIA’s June figures now read less like a forecast and more like the last full account of the world as it was.The post The EIA said demand-destruction would do the heavy lifting. The oil market spent the weekend agreeing. first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Overview :Financial Intelligence Unit (FIU) registration is one of the most important factors for Indian traders for the mandatory compliance procedures like the 1% TDS cut.Trading costs vary significantly across platforms, with MEXC offering zero maker fees, CoinDCX providing fees as low as 0.04%.Exchange selection depends heavily on user needs, as platforms such as Delta Exchange focus on derivatives while Mudrex emphasizes simplified investing.You know the feeling. You try to deposit funds to catch a sudden market dip, but the UPI transfer gets blocked. You may even wake up to find your bank account frozen because a peer-to-peer (P2P) buyer unknowingly sent you tainted money. On top of that, the heavy 1% Tax Deducted at Source (TDS) on every single trade chips away at the hard-earned profits, leaving you with a massive headache when filing taxes on Schedule Virtual Digital Assets (VDA).Finding a crypto exchange in India that works smoothly feels like a balancing act. You need cheap trading fees, rock-solid security, and simple Indian Rupee (INR) deposits. Most importantly, you need a platform registered with the Financial Intelligence Unit (FIU-IND) so the Income Tax department doesn't flag your activity.To make your life easier, we have lined up the top 10 crypto exchanges in India, putting the official snapshot metrics face-to-face so you can choose the right platform for your trading style.The Ultimate Crypto Exchange ComparisonBefore we dive into the details of each platform, here is how the top contenders stack up against each other:New to Crypto? Your Quick Cheat Sheet for the TableIf those column headers look like a foreign language, here is the simple breakdown of what they mean for your wallet:FIU Compliance Status: The Financial Intelligence Unit (FIU-IND) is a government body that monitors financial transactions. An exchange with ‘Yes’ means it is officially registered with the Indian government. They follow anti-money laundering rules and automatically handle the mandatory 1% TDS tax paperwork, keeping your account safe from legal red flags. ‘Global Framework’ means they operate under international rules but may require extra manual work for Indian taxes.Spot Fees: ‘Spot trading’ just means buying or selling crypto right now at current market prices, e.g., trading Rs. 1,000 for Bitcoin instantly. The spot fee is the cut the exchange takes for processing that trade. Lower percentages mean you keep more of your money.Maker vs. Taker Fees: If you place an order at a specific target price and wait for the market to hit it, you make liquidity (Maker). If you buy instantly at the current available price, you take liquidity away (Taker). Exchanges usually charge lower fees to ‘Makers’ to encourage trading activity.Spread-based: This means the exchange doesn't show you a direct fee percentage. Instead, they build a small premium into the buy and sell price of the coin itself, similar to how airport currency exchanges work.Also Read: Crypto Tax Comparison: Why India Loses to US, UK & El Salvador at 49%Deep-Dive: Top 10 Indian Crypto ExchangesBinanceBinance remains the heaviest hitter for high-volume traders who need absolute liquidity. Hosting over 600 digital assets, its baseline fee sits at a low 0.10%, which gets even cheaper if you pay using BNB tokens. While it is built on a massive global infrastructure, it has adapted to local rules by logging its presence with the FIU. It is a powerhouse choice if you want to use automated trading bots, look at advanced charts, or jump into high-leverage futures.CoinbaseCoinbase targets people who put safety above everything else. Its spot fees are noticeably high, starting from 0.40% and climbing up to 0.60%. On the other hand, you get a clean, secure fortress for your digital assets. It uses top-tier encryption and keeps standard coins like Bitcoin highly accessible. If you want a platform that feels like a premium bank and will not vanish overnight, this is your spot.CoinDCXCoinDCX is a favorite homegrown exchange for serious retail investors in India. It handles over 500 coins and offers dynamic fees that go as low as 0.04% for active users. Because it is fully FIU-compliant, it takes care of the annoying 1% TDS paperwork behind the scenes automatically. The mobile app feels lightning fast, making it easy to run 6x margin trades or handle complex futures without tech glitches.MudrexMudrex takes a different path by throwing out confusing trading charts entirely. It supports a great selection of 650+ coins with a flat 0.25% fee. Instead of picking solo tokens, it lets you buy ‘Coin Sets,’ which are pre-made crypto baskets based on specific themes. The app handles automated portfolio rebalancing and is fully FIU-compliant, making it a great set-and-forget exchange for long-term investors.Delta ExchangeDelta Exchange is built strictly for intermediate and pro traders who want to skip the spot markets. It specializes entirely in crypto options and futures settled directly in INR, meaning you can trade market moves without owning the actual tokens. The fees are incredibly low at 0.02% for makers and 0.05% for takers. It is fully registered with the FIU and stands as a top venue for structured derivatives trading.ZebPayZebPay has been a steady presence in the Indian market since 2014. It offers over 300 coins and keeps its fee tier steady between 0.10% and 0.30%. The exchange is fully compliant with the FIU and stores nearly all user funds in offline cold storage wallets, meaning your assets are safe from online hacks. It also features a clean crypto SIP option, letting you accumulate crypto step-by-step each month.MEXCMEXC is the ultimate hunting ground for early-stage altcoins before they go mainstream. It features a staggering catalog of over 1,500 distinct tokens. The best part is the cost structure, offering a 0.00% maker fee policy and a minimal 0.05% taker fee. Even though it runs on a global compliance setup rather than a local one, the sheer volume and token choice make it highly attractive for risky altcoin buyers.CoinSwitchCoinSwitch simplifies your entry into the crypto world with an ultra-clean, mobile-first design. It offers 250+ tokens and skips standard trading fee grids for a spread-based system, wrapping the trade cost directly into the token price quote. It uses global compliance standards and lets you start buying major coins using regular UPI or bank transfers with an investment of just Rs. 100.WazirXWazirX is a familiar household name for local crypto investors who value deep INR trading books. Charging a straightforward 0.20% flat fee, it supports over 300 tokens. It is fully registered with the FIU and provides an active peer-to-peer marketplace. This setup makes it simple to trade stablecoins or major assets directly with local buyers and sellers via verified bank transfers.UnocoinUnocoin is India’s oldest operating crypto portal, launching all the way back in 2013. It keeps a highly focused list of 100+ established coins with a stable 0.25% fee structure. As a registered FIU partner, it shuns high-risk trends to focus on core stability. It is an excellent match for conservative traders who appreciate systematic buying plans and want access to physical paper wallet backups.Also Read: How India's Crypto SIP Investors are Leveling UpFinal Strategy for TradersTo save yourself from incoming tax audits or sudden fund freezes, pick an exchange with clear FIU registration first. If you trade multiple times a day, protect your capital by choosing a low-fee exchange like CoinDCX or Binance. If you just want to stack Bitcoin long-term without looking at stressful price indicators, download a simplified app like Mudrex or ZebPay and set up a weekly automated buy.FAQs1. What is FIU registration?FIU registration means a crypto exchange is registered with India's Financial Intelligence Unit and follows anti-money laundering rules. This is important because compliant exchanges maintain proper records, support tax reporting requirements, and reduce the risk of regulatory issues. For Indian users, choosing an FIU-registered platform can make crypto investing smoother and help avoid unnecessary complications related to compliance and taxation.2. Which crypto exchange has the lowest trading fees?Among the exchanges compared, MEXC offers one of the lowest fee structures with zero maker fees and a 0.05% taker fee. CoinDCX also provides highly competitive pricing, with fees starting as low as 0.04% for active traders. However, users should look beyond trading fees and also consider withdrawal charges, spreads, liquidity, and available trading features before making a decision.3. Which crypto exchange is best for beginners?Mudrex and CoinSwitch are often easier for beginners because they focus on simplicity rather than advanced trading tools. Mudrex offers ready-made crypto baskets called Coin Sets, while CoinSwitch uses a straightforward mobile interface and allows small investments. These platforms reduce complexity and can help new users start investing without having to learn complicated charts or trading strategies immediately.4. Which exchange offers the largest number of cryptocurrencies?MEXC stands out with access to more than 1,500 cryptocurrencies, making it one of the largest selections available to traders. Binance also offers a broad range of over 600 digital assets. A larger token catalog can provide more investment opportunities, but it also increases risk because many smaller cryptocurrencies may be highly volatile and less established than major coins.5. How should I choose the right crypto exchange in India?Start by identifying your main goal. Active traders may prioritize low fees and advanced tools, making platforms like CoinDCX or Binance attractive. Long-term investors may prefer Mudrex or ZebPay because of their simpler investing options. Always check FIU compliance, security measures, supported coins, deposit methods, customer support quality, and overall ease of use before opening an account.

The Japanese Yen (JPY) trades lower against its major currency peers during the European trading session on Monday, while the USD/JPY pair is marginally lower at around 160.15 after recovering its early losses.

LME Clear today announced enhancements to its margin collateral services. The post LME Clear announces enhancements to its margin collateral services appeared first on FX News Group.

Precious metals are seeing a good start to the new week with the mood music helped by the US and Iran agreeing to a memorandum of understanding (MOU) deal. The final details are yet to be confirmed but they are likely to reflect the speculated terms from last week here.That is seeing risk trades perk up to start the new week, with US futures also helped by the more positive showing from SpaceX's debut on Friday.But as oil prices drop back amid hopes of the Strait of Hormuz reopening, that is seeing gold price climb higher on hopes that the inflation outlook will improve. A less hawkish Fed and less hawkish outlook for major central banks in general are big factors in driving any recovery in gold. That especially as these were major headwinds for the precious metal in recent weeks.That is helping to see gold move up by nearly 3% to $4,337 currently.The good news from the chart is that we are seeing price pull off a solid rebound after a brief break below the March low last week. That is now starting to take the form of a double bottom pattern, which can instead work more favourably for gold buyers.However, there is more work that needs to be done.The bigger hurdle is still the 200-day moving average (blue line), seen at $4,450 at the moment. Gold buyers need to break back above that in order to reverse the more bearish bias established earlier this month. The break below the key technical level after the US jobs report was the first time that gold price action fell below both the key daily moving averages since October 2023.As such, there is a necessity to undo that in order to solidify stronger conviction for a further rebound from hereon.So, what's next for gold then in this case?It's all on how oil prices move and in that lieu, it will depend on how much improvement there actually will be with regards to traffic flow in the Strait of Hormuz.We are headed for a managed reopening of the waterway, with it set to pick up gradually over the next 30 days as Iran works to "clear off mines". I have no doubt that there will be an increase in traffic flow. But to expect a full reopening and to meet US demands of returning to pre-war levels, I highly doubt that will be the case.And if Iran is the one doing the reporting, expect the numbers to be fluffed with actual shipping data to paint a different picture.The expected play-by-play suggests that we are now at Stage 3:And if the reality fails to live up to the billing of the narrative put out by the US and Iran, how will markets respond when actual price pressure developments don't match with the numbers on the screen?Only time will tell. This article was written by Justin Low at investinglive.com.

Key takeaways A surprise US-Iran interim agreement has triggered a powerful risk-on rally, with Nasdaq 100 futures surging 3% and S&P 500 futures gaining 2% as traders aggressively unwind geopolitical risk premiums tied to the Strait of Hormuz disruption.Nasdaq 100, Dow Jones, AUD/USD, and Gold have all posted bullish gap-ups, but their advances remain vulnerable to reversal if key support levels fail, particularly given the absence of a signed agreement and published deal details.Several hidden risks remain unresolved, including sanctions relief terms, Iran’s proposed transit fees for Hormuz shipping, and the possibility of unilateral Israeli military actions that could rapidly derail the current optimism and trigger renewed market volatility. A remarkable turn of events, the announcement of an interim agreement between the US and Iran in today’s early Asia session (Monday, 15 June) to end hostilities and reopen the vital energy chokepoint, the Strait of Hormuz, triggered a massive spark of risk-on behaviour in global markets.US President Trump has already posted “teasers” on his social media since last Friday, 12 June, despite Iran not confirming that an imminent deal will be signed on Sunday. Interestingly, this interim deal materialised after Trump backed down on his “harsh threat” to attack Iran on the last Thursday, giving rise to the “Trump always chickens out-TACO” trade narrative.The E-mini futures of the S&P 500 and Nasdaq 100 staged a tremendous gap up today, rallying by 2% and 3%, respectively, and almost erased 90% of the losses inflicted by the prior 2-week minor corrective decline from their respective all-time highs printed at the start of June 2026 to the 11 June 2026 low.Let’s look at the intraday technical charts of several key instruments that benefit from this raging near-term bullish sentiment before we tackle the “hidden risks”.Nasdaq 100 – Gap up above 20-day moving average Fig. 1: US Nasdaq CFD minor trend as of 15 Jun 2026 (Source: TradingView). The information presented is historical information, and past performance is not indicative of future performance. The price action of the US Nasdaq 100 CFD (a proxy of the Nasdaq 100 E-mini futures) has staged a bullish gap up in today’s opening session and reintegrated back above the 20-day moving average, which suggests the emergence of a minor bullish trend from the 10 June 2026 low (see Fig. 1).Watch the 29,700 key short-term pivotal support (also the 20-day moving average) for a further potential push up towards 30,530 and the current all-time high area of 30,728/795. A clearance above 30,795 points to the next intermediate resistance at 31,125 (Fibonacci extension).On the other hand, a break with an hourly close below 29,700 invalidates the bullish tone, and a bull trap is likely to materialise, leading to a drop back towards 29,000 and even 28,280 (also the 50-day moving average).Dow Jones (DJIA) – Oscillating within a minor ascending channel Fig. 2: US Wall Street 30 CFD minor trend as of 15 Jun 2026 (Source: TradingView). The information presented is historical information, and past performance is not indicative of future performance. The price action of the US Wall Street 30 CFD (a proxy for the Dow Jones Industrial Average E-mini futures) has traded back above the 20-day moving average since last Friday, 12 June.Today’s Asia opening session, bullish gap-up, has reinforced an ongoing minor bullish trend launched from the recent 11 June 2026 low.Watch the 51,390/235 key short-term pivotal support, and a clearance above the current all-time high of 51,778 targets the next intermediate resistances at 52,044, followed by 52,357/410 (Fibonacci extension cluster) (see Fig. 2).However, a breakdown with an hourly close below 51,235 negates the bullish tone for a drop to retest the next intermediate support at 50,820 (also close to the 20-day moving average).AUD/USD – Corrective rebound towards 20-day and 50-day moving averages Fig. 3: AUD/USD minor trend as of 15 Jun 2026 (Source: TradingView). The information presented is historical information, and past performance is not indicative of future performance. The risk-on proxy, the Aussie dollar, has benefited from the intraday recovery in global stock markets today.The AUD/USD has been oscillating within a potential medium-term downtrend since the 13 May 2026 high, as price action continues to trade below the 20-day and 50-day moving averages.However, today’s intraday bullish price action and the bullish momentum conditions seen on the hourly RSI (a series of higher lows after a bullish divergence condition on last Wednesday, 10 June) have kick-started a potential minor corrective rebound sequence for the AUD/USD (see Fig. 3).Watch the 0.7055 key short-term pivotal support for a further potential push-up towards the next intermediate resistances at 0.7100 and 0.7120/7140 (also the 61.8%/76.4% Fibonacci retracement of the prior decline from the 29 May 2026 high to 11 June 2026 low).On the flip side, a break and an hourly close below 0.7055 invalidates the corrective rebound sequence and puts the onus back on the bears to retest 0.7030 and 0.6980.Gold (XAU/USD) – Extension of minor corrective rebound to retest 200-day MAGold (XAU/USD) – Extension of minor corrective rebound to retest 200-day MA Fig. 4: Gold (XAU/USD) minor trend as of 15 Jun 2026 (Source: TradingView). The information presented is historical information, and past performance is not indicative of future performance. The medium-term downtrend in Gold (XAU/USD) has been in place since the all-time high on 29 January 2026 and remains intact.Price actions continue to trade below the 20-day, 50-day and 200-day moving averages. The current bullish move is likely to be an extension of the minor correction rebound from the recent 11 June 2026 low at 4,024 (see Fig. 4).Watch the 4,243/220 short-term pivotal support (today’s Asia opening session gap up) to maintain the corrective rebound sequence to seek out the next intermediate resistance at 4,373/394 before 4,432/466 (also the key 200-day moving average).On the other hand, a breakdown and an hourly close below 4,220 invalidate the minor corrective rebound sequence, turning the focus back to the bears for a drop to retest 4,171 and 4,107 in the first step.Now, here are the hidden risks that can derail the current bout of risk-on behaviour.What we do not know (the opaque details and hidden risks) No released text: The single biggest warning flag is that no official text has been released. Iran maintains that nothing will be published until the ink dries on Friday, 19 June, which is supposed to be the official signing of the interim peace-deal agreement in Switzerland.The Toll dispute: There is a blatant public mismatch in rhetoric. Trump forcefully stated on social media and to The New York Times that the Strait of Hormuz will be a “toll-free" opening. Simultaneously, Iranian Foreign Minister Abbas Araghchi and state media have indicated that, while they support the opening, Iran still intends to charge service and transit fees to vessels.Sanctions specifics: We don’t know the exact scope of the sanctions’ relief. Is the US allowing unrestricted crude flows, or is it a tightly capped waiver system subject to good behaviour during the 60-day nuclear talks?The Israel wildcard: Hours before the peace-deal announcement, Israel launched highly disruptive airstrikes on Beirut. Far-right members of Isreal PM Netanyahu’s cabinet have already openly slammed the US-Iran deal. Because Israel is not a signatory to this MOU, it retains total operational freedom. A unilateral Israeli strike on Iranian domestic assets or a refusal to halt the Lebanon campaign would instantly trigger a collapse of the permanent ceasefire. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc.

Pelican has widened the set of features brokers can reach through its integration with DXtrade, the white-label platform from software developer Devexperts. The copy-trading provider, which runs a cross-broker strategy network, announced the expansion today (Monday).The move builds on a tie-up the firms struck in 2024, when DXtrade users first gained access to Pelican's network of trading signals. Pelican now says its complete toolset sits inside the platform, rather than the narrower signal-sharing setup launched two years ago.Pelican says it offers more than 9,000 live strategies sourced from over 60 brokers across its open copying network. What Brokers Get Through the IntegrationPelican lists several functions now available via DXtrade. They include copying trades across MT4, MT5, cTrader, DXtrade and Match-Trade, plus broker-branded apps and APIs for custom builds, according to the firm.The company also points to its regulatory permissions, holding licenses from the FCA, CySEC, the DFSA in Dubai and the FSC in Mauritius. Pelican says those approvals let it handle the portfolio management and advice rules that copy trading can trigger.On revenue, Pelican says brokers can earn through automatic performance fees and in-app referrals, and that the network pays out more than $1 million a month on average to introducing brokers.[#highlighted-links#] "Pelican ensures that flexibility translates into real trading activity," said Mike Read, a director at Pelican.Copy-Trading Vendors Crowd the Cross-Platform RacePelican is one of several providers pitching brokers on copy trading that runs across different platforms rather than inside a single one.Brokeree Solutions launched an Integration API in March that lets brokers wire its social trading system into systems beyond MetaTrader and cTrader. The same month, STARTRADER rolled out a web version of its STAR Copy product as more brokers added similar features.Pelican has been widening its own reach too. In April, Spotware plugged the Pelican network into cTrader, opening the pool to brokers including IC Markets, Deriv and PepperstoneDemand has been climbing. The global copy trading market was estimated at around $2.6 billion in 2025, according to industry figures, with retail interest pushing more brokers to bolt on the feature.Devexperts Keeps Adding Vendors to Its DXtrade StackFor Devexperts, the Pelican expansion is the latest entry in a DXtrade vendor stack that has grown quickly this year.In May, the company connected dealing-desk supervision tool DDXpro to the platform, and wired in Advanced Markets liquidity to give brokers another pricing route. DXtrade supports stocks, options, futures, ETFs, bonds, FX, CFDs and digital assets, and runs on an open framework that lets brokers add outside services.The setup "brings a range of benefits to support those licensing DXtrade," said Jon Light, senior director of product management at Devexperts.Neither company disclosed financial terms, how many brokers currently use Pelican through DXtrade, or pricing for the expanded feature set. This article was written by Damian Chmiel at www.financemagnates.com.

SpaceX is now valued at over $2 trillion after its stock rallied on the first day of trade.

Flying private is no longer reserved for rock stars and Fortune 500 executives. Across Australia, private jet charter has become a practical, increasingly accessible option for business travellers, families, sports teams, and anyone who values time, comfort, and flexibility above all else. If you have never chartered a private jet before, the…Read the full article on TechBullion.

The agreement came after more than three months of stop-start negotiations and bouts of fighting since late February, roiling global energy and commodities markets.

Asian tech stocks surged Monday on news that Iran and the U.S. have reached a deal.

The MENA Fintech Association (MFTA) and the Swiss Fintech Association (SFTA) today announced a landmark strategic partnership designed to advance a new era of cross-border collaboration, ecosystem integration, and innovation-led financial transformation across global markets. This alliance reflects a shared conviction that the future of financial services will be defined by interconnected ecosystems, seamless knowledge exchange, and the collective empowerment of institutions, innovators, and talent across geographies. The Memorandum of Understanding (MoU) was formally signed with the Swiss Fintech Association, represented by its President, Phillip Weights, marking a significant milestone in strengthening institutional ties between the two ecosystems. The engagement was held under the presence and facilitation of H.E. Arthur Mattli, Ambassador - Embassy of Switzerland to the United Arab Emirates & Kingdom of Bahrain, whose support underscored the strategic importance of deepening bilateral cooperation in financial innovation and reinforcing cross-border ecosystem linkages. At the heart of this partnership lies a bold commitment to cross-border collaboration, enabling structured engagement between fintech ecosystems in the MENA region and Switzerland. Both associations aim to eliminate silos that limit innovation, fostering a unified platform for dialogue between startups, regulators, investors, financial institutions, and technology leaders. A central objective of the partnership is to develop cross-border frameworks, understand the global outlook and landscape, and further the future of finance across both ecosystems and beyond. Empowerment of the next generation of fintech talent, with a strong emphasis on nurturing emerging founders, developers, and innovators, is also a vital pillar of this partnership. Through joint programs and curated ecosystem access, MFTA and SFTA will work to cultivate a globally competitive pipeline of fintech leadership capable of shaping the future of financial infrastructure. The collaboration will further prioritize knowledge sharing and intellectual capital exchange, establishing formal mechanisms for sharing insights on regulatory frameworks, emerging technologies, market dynamics, and best practices. This will include thought leadership forums, research collaborations, and high-level roundtables aimed at elevating industry-wide understanding and accelerating informed innovation. Both organizations will also engage in co-development of ecosystem-building initiatives, designed to unlock scalable impact across both regions. These initiatives will support fintech startups in accessing new markets, facilitate investor connectivity across borders, and enable institutional partnerships that drive real-world adoption of financial technologies. In addition, the partnership underscores a strategic global outlook, positioning both associations as key enablers of international fintech alignment. By bridging two of the world’s most dynamic financial ecosystems, the collaboration is expected to create new pathways for capital flow, regulatory dialogue, and innovation diffusion at a global scale. The alliance is further anchored in a long-term strategic vision focused on building resilient, inclusive, and future-ready financial ecosystems. This includes fostering regulatory innovation, supporting digital transformation agendas, and reinforcing trust-based frameworks that enable sustainable fintech growth. Leadership from both MFTA and SFTA emphasized that this partnership is not symbolic, but foundational, representing a decisive step toward shaping a more interconnected, collaborative, and innovation-driven global financial landscape. Philip J. Weights, SFTA President comments that: “This strategic MOU between the Swiss FinTech Association (SFTA) in Zurich and the MENA Fintech Association (MFTA) in Dubai creates a powerful cross-border corridor for wealth, innovation, and digital finance. It establishes a bridge between two of the world's most prominent financial technology hubs.” “This alliance is a defining step toward deepening cross-border collaboration and co-creating the future of financial innovation between our two ecosystems. It reflects a shared ambition to enable sustainable growth and global connectivity in fintech.” — Nameer Khan, Chairman, MENA Fintech Association Together, the MENA Fintech Association and the Swiss Fintech Association are setting a new global benchmark for ecosystem partnership, one defined by cross-border synergy, talent empowerment, and the shared ambition to co-create the future of finance.

After a public listing last year, eToro (Nasdaq: ETOR) is now considering multiple acquisitions in the wealth-tech space, its co-founder and CEO, Yoni Assia, confirmed. It is already in talks with two firms, one in the United States and the other elsewhere, and is working with investment bankers to seal the deals.The company also confirmed to Finance Magnates that it is considering several potential deals. However, it did not share any specifics, saying "it's too early."“We Have a Number of Potential Deals”“We are very acquisitive — it is part of the reason why we listed,” Assia told the Financial Times. “We have a number of potential deals we are looking at, including businesses that would help us grow our wealth offering. We remain committed to growing our global footprint, including expanding in the US market.”However, he did not elaborate on the size of these acquisitions.Read more: eToro Assets Reclaim $20 Billion in May as Crypto Trading Keeps SlidingAnother area where the Nasdaq-listed broker is considering expanding is traditional payments. It could now also apply for banking licences. Revolut and Brazilian giant Nubank are among other fintechs to apply for banking charters.“The key is diversification into more payment services,” Assia continued, “and that could see us consider applying for banking licences in the future, or buying a bank.”He, however, stressed that eToro's focus would be more on payments than on lending. The move would also help the firm hedge against asset movements.Positioning as a Broad FintecheToro currently offers trading with a massive portfolio of assets, including stocks, cryptocurrencies and contracts for differences (CFDs). The company, meanwhile, is positioning itself as a fintech with a multi-asset offering rather than just another broker.In the first three months of 2026, the company generated a net income of $82 million on revenue of $258 million. Although commodities trading accounted for about 60 per cent of trading commissions, with volumes nearly quadrupling year over year, crypto volume on the platform declined.Founded in 2007, eToro has also completed half a dozen acquisitions. Most of its acquisitions were before its public listing, with only the purchase of Zengo, a self-custodial crypto wallet provider, taking place earlier this year.“There is going to be a big wave of consolidation,” Assia said. “Not all businesses will be able to exist as independent public businesses.” This article was written by Arnab Shome at www.financemagnates.com.

Qorelo, an AI startup focused on enterprise resource planning (ERP) transformations, has raised $3.5 million in seed funding just five months after launching. The round was co-led by HPI Ventures and Caesar Ventures, with participation from 10x Founders, Antler, Adesso Ventures, and Angel Invest. Founded in late 2025, Qorelo has built an AI-powered intelligence layer designed to automate and simplify ERP upgrade and migration projects based on SAP software. The platform focuses on reducing the complexity of large-scale enterprise transformations by automating functional delivery workstreams, helping organisations complete projects more efficiently and with fewer resource constraints. The company is targeting a growing challenge facing SAP customers worldwide. As businesses prepare to migrate to SAP S/4HANA before the 2027 deadline, demand for specialised delivery expertise is increasing, placing further strain on already complex and costly ERP modernisation projects. Qorelo aims to address this bottleneck by automating parts of the ERP delivery process, which it says can reduce project timelines by up to 45 per cent. The platform also serves as a continuous system of record for ERP delivery, helping organisations maintain operational data that is ready for future AI applications and ongoing optimisation. Nicholas Torabi, co-founder of Qorelo, said: Large enterprises are facing an unprecedented race against time to modernise their digital backbones before the 2027 deadline, but the industry simply lacks the human delivery capacity to make it happen. At Qorelo, we have built an elegant solution that automates the repetitive functional workstreams of these massive transformations. The company is already working with enterprise customers in the DACH region, including a major German automotive company that is using the platform for its SAP transformation programme and subsequent operational processes. The new funding will be used to accelerate product development and expand the company's team across engineering, SAP expertise, and enterprise sales as it looks to capture growing demand for ERP transformation solutions.