Gold continued to rise, hovering around 1.5% on Friday, close to $1780 per ounce. After the release of the strong US employment report, the sell-off earlier this month has pushed gold to below $1,700 per ounce. CFTC data shows that during the reporting week on August 10, COMEX gold‘s speculative net long position decreased by […]


by Lulama Msungwa
3 months ago

● Markets are busy in the week ahead● The economic calendar features a variety of key events such as the central bank, CPI, and retail sales data● The Kiwi will be eyeing the RBNZ monetary statement● Technical outlook Week ahead Monday; Another surge in COVID-19? The markets are set to be quite off to start […]


by Lulama Msungwa
3 months ago

After experiencing massive gains at the first half of the year due to high demand coming from China, prices of oil have continued to slide due to the uncertainty surrounding Covid-19. Reports indicate that the resurgence of Covid-19 infections has slowed down demand on the black gold. China which is the second-largest consumer of oil […]


by Adegbotolu Kehinde Erastus
3 months ago

The official cash rate report by the RBNZ (Reserve Bank of New Zealand) will be an event to watch out for on this week’s economic calendar. The forecast has it already that there is likely to be a rate hike by 25basis point to 0.50% from 0.25%. As we have it, the New Zealand economy […]


by Adegbotolu Kehinde Erastus
3 months ago

George Soros has played the best role in the financial market and reforming society. He is a fiscal predator who has been getting inspired by progressive theory and exchange Darwinism. He hasn’t only conferred the miserliness standard of Wall Street monetary capitalists but has also performed the role of philosophy guardian.  He is newly rich […]


by Scope Markets
4 months ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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Scope Markets Ltd is a company registered under Belize with Registration Number 145,138. Scope Markets Ltd is authorized and regulated by the International Financial Services Commission of Belize (“IFSC”) under the license numbers 000274/222 and 000274/221. The registered address of Scope Markets Ltd is, 6160, Park Avenue, Buttonwood Bay, Lower Flat Office Space Front, Belize City, Belize.

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