Day: August 7, 2019

Gold surges to 6-year high on US-China trade war! More to go?

07.08.2019

Did you know that central banks have been quietly purchasing record amounts of gold this year? In total, global central banks have bought a record $15.7 billion worth of gold in 2019. Concerns of an escalating trade war between the United States and China is just one reason central banks are diversifying their reserves. And […]

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Credit Suisse completes turnaround of algorithmic trading platform

07.08.2019

The chief executive of Credit Suisse has hailed the turnaround of its flagship algorithmic trading platform following a revamp, as the Swiss bank came out on top ahead of its main trading rivals in Q2. Last week, Credit Suisse recorded income of $359 million in its global markets division, a massive 141% increase year-on-year, despite […]

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