FCA and ESMA crackdown
Joined 05/06/23 12:21
Look Ahead to 6/6/23: RBA interest rate decision; UK retail sales; British American Tobacco Australia’s central bank is likely to keep rates at 3.85% in June, but may raise again soon as inflation remains uncomfortably high. More data is likely to show cost of living pressures continue to weigh on the British consumer. Plus, watch out for consumption trends and earnings from British American Tobacco. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 05 June 2023
We would like to go short silver for technical reasons and do so at $23.58 with a stop-loss at $24.03 and a downside target at $22.15. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 05 June 2023
Charting the Markets: 05 June Indices remain bid amid risk-on sentiment. EUR/USD, GBP/USD resume their descents on greenback strength while EUR/GBP rallies. And Gold prices fall back and oil prices rally, while live cattle prices sit at a record high. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 05 June 2023 This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
I have heard about the EU proposals on a crackdown in the spread betting markets recently, but can anyone tell me how exactly this would impact on a retail trader like myself. I have made a small amount of money trading indices and forex over the past 2 years.
Would I have to increase my account to keep old trades (that are in profit) open?
Is it all markets that will be affected or just digital 100's etc?
Will it only affect new positions which will be opened when the new rules come in to force.
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