Mobile App
iBexGo AppiBex RatingDownload our app now! Available for iOS and Android

Start An Investment With Forex

Get Live Account
Phone
London: +442038076439
Sydney: +61280691717
Social Media

Ukranian local bank plans on Bitcoin Feature; Oil Futures and Gold Update

Ukrainian local bank to launch Bitcoin Trading feature in the latter part of July. OPEC+ division creates uncertainty, encourages profit-taking. Gold up as Dollar weakens, investors await Fed Minutes.


P: 33,979
A: 34,071.0 +92.0 +0.27%


With the progress on crypto-related legislation from the Ukrainian Government, Bitcoin trading is about to experience a greater move. An important local e-bank, Monobank, plans to launch a BTC debit card to facilitate Bitcoin trading.


Monobank is a Ukrainian online banking application. According to Oleg Gorokhovsky, the Co-Founder of Monobank, the e-bank has finished its pilot integration with a platform based on cryptocurrency trading.

Oil Price Fundamental Daily Forecast – OPEC+ Division Creates Uncertainty, Encourages Profit-Taking


WTI
P:72.968
A:73.806
BRENT
P: 74. 603
A: 75. 470


-Oil futures plunged in a volatile session, fueled by the cancelation of a meeting between OPEC and its allies.
-OPEC+ failed to come to an agreement to increase supply.

Gold Up as Dollar Weakens, Investors Await Fed Minutes


P = $1,740.77 +21.71
A = $1,812.98 +4.71%


Gold was up on Tuesday morning in Asia and was close to a two-week high. A weaker dollar also gave the yellow metal a boost and investors await the release of the minutes from the U.S. Federal Reserve’s latest policy meeting.

Investors remain focused on the minutes from the Fed’s June meeting, due on Wednesday, for further clues about the central bank’s surprise hawkish stance in the policy decision handed down after that meeting. They also await the Reserve Bank of Australia’s policy decision, due to be released later in the day.


Latest Posts

  • Market Week Ahead: Omicron Concerns, Inflation Data, Crypto
    Developments around the Omicron coronavirus variant will continue to be the main driver of market sentiment in the week ahead and this news flow, together with a hawkish turn by the Federal Reserve, means Friday’s inflation data will be in the spotlight. Inflation Data The highlight of the economic calendar will be Friday’s November consumer […]
  • Market Week Ahead: Powell Speech, ADP, NFP, Unemployment Report
    After an abbreviated session on Friday, the markets will reopen for a full week of business, featuring a slew of earnings and key economic data, including the Beige Book, ADP employment, and the jobs report. Fed Chairman Jerome Powell will speak on Monday and Tuesday. Markets will closely monitor whether the head of the Fed speaks […]
  • Experienced good to moderate returns
    Opened a demo account at first, but it took awhile for me to turn it into a live account. Experienced good to moderate returns with the help of their brokers.
  • Unique trading tools
    They have a good offer of unique trading tools and platforms that can accommodate trading investors. However iBex Markets lacks the trading tools and features to compete with industry leaders who offer better deals and leverages.
  • Very accommodating
    Their tech support and customer service was very accommodating. They easily guided me on how I can setup my account when I first started.

SHARE:

Let us know what you think!

Send any queries or feedback
You can also send us an email at
support@ibexmarkets.com

Get a call from us!

How Can We Help?

Need Assistance?

Download here

Know Your Market Holiday.

Click here for more information.