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OXShare is a worldwide broker Established in 2013 that provides traders with access to CFDs spanning Forex, Indices, Commodities, Stocks, and Cryptocurrencies, all with consistently narrow spreads and a commitment to transparency and integrity.
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US to announce nuclear fusion strategy at COP28
According to two anonymous sources, John Kerry, the U.S. Special Envoy on Climate Change, will announce at the upcoming UN climate summit in Dubai that the United States will present the first global plan for utilizing nuclear fusion power for commercial purposes.
Fusion, unlike current nuclear fission plants which separate atoms, may have a significant benefit as it does not generate persistent radioactive waste. If it is effectively implemented, fusion has the potential to eventually offer an affordable and environmentally friendly solution for electricity generation.
On Monday, during a visit to fusion company Commonwealth Fusion Systems in the vicinity of Boston, the ex-secretary of state will unveil his strategy for the future, predicting that commercialization will occur within a matter of years, rather than decades.
The process of fusion, which is responsible for generating electricity in the sun and stars, can be recreated on Earth by utilizing heat and pressure. This can be achieved through the utilization of lasers or magnets to forcefully combine two light atoms into a denser atom, resulting in the release of a significant amount of energy.
In August, researchers at a California national laboratory accomplished a fusion breakthrough known as ignition. By utilizing laser beams, they temporarily achieved a fusion reaction that produced a greater amount of energy than was initially concentrated on the target.
Kerry, who supported legislation over ten years ago as a U.S. senator, to provide funding for fusion research at the Massachusetts Institute of Technology, will be visiting Commonwealth alongside Claudio Descalzi, the CEO of Italian energy company Eni. Eni is currently involved in four pilot projects related to fusion.
Kerry stated that he will provide additional details regarding the United States’ perspective on global alliances for an all-encompassing fusion energy future during COP28.
He further mentioned that fusion, through years of financial support from the government, is undergoing a significant change from being a mere experiment to becoming a promising solution to combat climate change.
However, there are obstacles to fusion’s ability to generate electricity for commercial use. Several scientists believe that the energy generated in last year’s fusion experiment at the U.S. National Ignition Facility was only around 0.5% of the energy used to activate the lasers.
Up until now, scientists have only been able to achieve isolated cases of ignition, rather than the numerous and frequent ignitions required to produce enough electricity for residential and industrial purposes.
The process of establishing new sets of power plants to replace certain components of existing energy systems is impeded by various regulatory, construction, and location-related obstacles.
In the foreseeable future, according to certain critics, fusion is deemed as an impractical solution in the battle against climate change due to its high costs and lengthy development process.
Someone knowledgeable about the upcoming announcement revealed that the fusion strategy will serve as a structure to outline the plans for worldwide implementation of the technology, which has the potential to receive backing from international collaborators.
According to the source, COP28, taking place from November 30 to December 12, will mark the beginning of global collaboration on nuclear fusion. Kerry will emphasize that nuclear fusion is a climate solution rather than a mere scientific experiment.
Investment in various sectors of the clean energy industry has declined this year due to economic uncertainty and inflation, even though scientists emphasize the pressing importance of transitioning to renewable energy to combat climate change.
The Fusion Industry Association stated that in 2023, fusion companies from different countries received approximately $1.4 billion in investments, leading to a total funding of around $6.21 billion, primarily sourced from private investors. This amount reflects a decrease compared to the previous year, which saw approximately $2.83 billion in new investment.
According to FIA, the number of companies receiving investments increased from 33 to 43 across twelve countries. These countries include the United States, where Commonwealth is among approximately 25 companies. Additionally, other countries like the UK, Germany, Japan, China, and Australia are also pursuing fusion technology.
One type of fusion involves the use of lasers to focus energy onto a gold pellet that contains hydrogen.
Many companies, including Commonwealth, are directing their attention towards another method that involves the utilization of strong magnets to confine plasma, or heated gaseous hydrogen, at temperatures as high as 100 million degrees Fahrenheit (55 million degrees Celsius), until atomic fusion occurs.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

CBRE Group shares jump over 10% amid growth potential
Shares of CBRE Group, Inc. (NYSE:CBRE) experienced a significant climb, surpassing a 10% increase on the New York Stock Exchange today. Market analysts attribute this sharp rise to the integration of recent price-sensitive announcements into the company’s valuation.
CBRE Group, known for its real estate services, now sports a price-to-earnings (P/E) ratio of 39.39x, which stands well above the industry average of 24.74x. While this might initially suggest an overvaluation, forecasted profit increases and high growth prospects are painting a promising future for the firm.
Investors holding CBRE shares are facing a volatile market, as indicated by the company’s high beta value. This suggests that CBRE’s stock price could experience significant swings. Shareholders may consider selling their stakes at these higher levels before any potential future decline that could align the stock’s valuation closer to the industry P/E average.
Potential buyers, on the other hand, are encouraged to keep a close watch for any downward adjustments in CBRE’s share price. Such dips could arise from broader market recalibrations or new analyses that take a more long-term approach to the company’s prospects.
Despite the current optimism, investors are reminded to remain alert to risks associated with CBRE Group. Analysts have highlighted two particular warning signs that warrant close attention from those invested or considering investment in the company’s shares. As with any investment, due diligence and awareness of inherent risks are crucial in navigating the real estate giant’s stock movements.
InvestingPro Insights
Drawing from InvestingPro’s real-time data, CBRE Group currently has a market capitalization of 23.24B USD. The P/E ratio stands at 41.01, which is slightly higher than the figure mentioned in the article. The adjusted P/E ratio for the last twelve months as of Q3 2023 is 29.88, suggesting a potential overvaluation.
InvestingPro also provides some key insights about CBRE Group. Firstly, the company’s management has been aggressively buying back shares, which is generally a positive sign of the company’s confidence in its own stock. Secondly, CBRE Group has had strong return over the last month, which aligns with the significant climb in share price discussed in the article.
However, it’s worth noting that 4 analysts have revised their earnings downwards for the upcoming period, which could potentially impact the stock’s future performance. Also, the company does not pay a dividend to shareholders, which might be a consideration for income-focused investors.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

Dollar slides to over two-month low as Fed cut bets take charge
On Monday, the value of the dollar decreased to its lowest point in over two months. This continued a trend of decline that started last week, as traders became more convinced that interest rates in the United States have reached their highest point and shifted their focus to when the Federal Reserve might start reducing rates.
During Asian trading, the dollar index reached its lowest point since September 1 at 103.53. This marks a continuation of its significant drop of almost 2% from the previous week, making it the steepest weekly decrease since July.
The euro reached its highest level since August against the weaker US dollar at $1.0937, while the Japanese yen strengthened to a 5–1/2 week high of 148.63 per dollar.
The markets have accounted for the possibility of the Federal Reserve implementing more rate hikes in the future. However, this sentiment has changed due to a series of U.S. economic indicators that were lower than anticipated, especially concerning inflation.
Attention is now shifted towards when the initial reductions in interest rates may occur, as indicated by futures pricing data from the CME FedWatch tool, which suggests a 30% likelihood that the Federal Reserve may start lowering rates in March.
Dane Cekov, a senior FX strategist at Nordea, explains that the decline in the value of the dollar is primarily influenced by the changes in interest rates and recent Consumer Price Index (CPI) data. He also mentions that there is a possibility of further weakness in the dollar, but only for a brief period.
Looking at it from a technical standpoint, the dollar appears to be undervalued compared to the euro. Typically, when this happens, there tends to be a period of consolidation.
The recently published minutes from the Federal Reserve’s most recent meeting, which were made available this week on Tuesday, may provide some insight into the thoughts of policymakers as they maintained interest rates at a steady level for the second time in this month.
The British pound slightly increased by 0.2% to $1.2484, reaching close to its highest point in two months. Meanwhile, the euro was last valued at $1.0926. This comes ahead of the release of flash PMI readings in the euro zone later this week. Additionally, Moody’s unexpectedly improved the outlook on Italy’s ‘Baa3’ sovereign rating from negative to stable and upgraded Portugal’s rating by two notches to ‘A3’.
Cekov from Nordea believes that this development will have a positive impact on the euro area by reducing the risk premium for Italy and Portugal.
Cekov stated that in that regard, it reduces some of the potential negative consequences for the euro. That is his initial reaction.
The Japanese yen maintained its strength at a value of over 150 yen per dollar and recently increased by 0.7% to 148.56 yen.
In other parts of Asia, the value of the yuan increased significantly compared to the US dollar, reaching the highest level in over three months in both domestic and international markets. This was due to the efforts of the central bank to boost the currency’s value, and also because exporters were in a hurry to exchange their US dollar earnings into the local currency.
The value of the Chinese currency, known as the onshore yuan, increased by 0.5% to reach a level not seen in over three months, with 7.1700 yuan per dollar. Similarly, the offshore yuan also experienced a rise, jumping by approximately 0.6% to reach a three-month high of 7.1703 yuan per dollar.
The Australian dollar increased by 0.6% and reached a three-month peak of $0.6563 before settling at $0.6551. Similarly, the New Zealand dollar also rose by 0.6% to $0.6031.
On Monday, China decided to keep its benchmark lending rates unchanged at the regular monthly setting, meeting the predicted outcome. This decision was made due to the ongoing depreciation of the yuan, which limited the potential for additional monetary easing. Furthermore, policymakers are awaiting the impact of previous stimulus measures on the demand for credit before making any further adjustments.
The Chinese yuan has experienced a decline of almost 4% compared to the US dollar in the domestic market this year. This decline can be attributed to the ongoing struggle for a stable economic recovery in China and the uncertain confidence of investors.
Carol Kong, a currency strategist at Commonwealth Bank of Australia (OTC: CMWAY), expressed her belief that the concept of a gradual revival of the Chinese economy will continue for some time.
I believe that as long as the Chinese economy does not experience a significant improvement, it will negatively affect the value of the yuan, Australian dollar, and New Zealand dollar in the near future.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

OXShare broker Real or Fake? Review, Is OXShare Safe, Legit, and Trustworthy 2024?
OXShare broker Real or Fake? Review, Is OXShare Safe, Legit, and Trustworthy 2024?
Introduction
In this blog post, we will take an in-depth look at OXShare broker and explore whether it is a real and trustworthy platform for trading. If you are considering using OXShare for your investment needs, it is important to evaluate its safety, legitimacy, and trustworthiness. We will provide you with the necessary information to make an informed decision about whether OXShare the right broker for you in is 2024. Let’s dive into the details!
What is OXShare broker?
OXShare broker is an online platform that provides individuals with the opportunity to engage in trading activities. It serves as an intermediary between traders and financial markets, allowing users to buy and sell various instruments such as stocks, commodities, indices, and currencies.
OXShare offers a range of trading services, including access to different markets, trading tools, educational resources, and customer support. The platform aims to provide a user-friendly experience for both novice and experienced traders, making it accessible to individuals with various levels of expertise.
How does OXShare broker work?
OXShare operates on a model known as contract for difference (CFD) trading. CFDs are derivative instruments that enable traders to speculate on the price movements of underlying assets without owning the assets themselves. When trading CFDs with OXShare, you are essentially entering into a contract with the broker based on the price difference of the asset from the time the contract is opened to the time it is closed.
To start trading with OXShare, you will need to create an account on their platform. Once you have completed the registration process, you can deposit funds into your account and choose the financial instruments you wish to trade. OXShare provides a range of trading platforms, including web-based platforms and mobile applications, allowing you to access their services from anywhere at any time.
When trading with OXShare, it is important to keep in mind that CFDs carry a high level of risk. The prices of underlying assets can be volatile, and your capital is at risk. It is crucial to have a good understanding of the market and implement risk management strategies when trading with OXShare or any other broker.
Despite the risks involved, OXShare strives to provide a secure and reliable trading environment for its users. The platform implements advanced security measures to protect user data and employs encryption techniques to secure communication channels. Additionally, OXShare follows regulatory guidelines and standards to ensure compliance with industry regulations.
In conclusion, OXShare broker is an online platform that facilitates trading in various financial markets through CFDs. While trading through OXShare can be potentially rewarding, it is essential to remember the risks involved. It is recommended to conduct thorough research, including reading reviews and consulting with professionals, before deciding to use OXShare or any other broker for your trading activities.
OXShare Broker Review
Is OXShare Legal?
When considering trading on OXShare, one of the key concerns is its legality. OXShare is a registered online trading platform that operates within the legal frameworks of the jurisdictions it operates in. The platform adheres to regulatory guidelines and industry standards to ensure compliance and provide a safe trading environment for its users.
OXShare is committed to transparency and accountability, which is evident in the way they handle user funds and ensure privacy. The platform implements advanced security measures, such as data encryption and secure communication channels, to protect user information and maintain confidentiality.
Is OXShare Real or Fake?
OXShare is a legitimate online trading platform that allows individuals to engage in trading activities in various financial markets. The platform operates on a model known as contract for difference (CFD) trading, which enables traders to speculate on the price movements of underlying assets without owning them.
With its user-friendly interface and access to a wide range of financial instruments, OXShare provides a real and robust trading experience. The platform offers trading tools, educational resources, and customer support to assist traders of all levels of expertise.
Is OXShare Safe, Legit, and Trustworthy?
Safety, legitimacy, and trustworthiness are essential considerations when choosing a trading platform. OXShare takes these concerns seriously and prioritizes the security and protection of user funds and information.
OXShare follows industry-standard security protocols to ensure the safety of user data. The platform employs encryption techniques and firewalls to safeguard user information and prevent unauthorized access.
In terms of legitimacy, OXShare operates under valid licenses and regulations in the jurisdictions it operates in. The platform is transparent about its regulatory status and provides the necessary information to validate its legitimacy.
Trustworthiness is built upon reliability and transparency. OXShare strives to build trust with its users by offering transparent pricing, clear terms and conditions, and responsive customer support. The platform values its users’ satisfaction and seeks to provide a positive trading experience.
OXShare also encourages responsible trading by promoting risk management strategies and tools. Traders are advised to understand the risks involved in trading CFDs and to have a good understanding of the market before engaging with the platform.
In conclusion, OXShare is a real and legitimate online trading platform that offers a range of trading services. It operates within the legal frameworks of the jurisdictions it operates in and complies with industry regulations. With its focus on security, transparency, and user satisfaction, OXShare provides a safe and trustworthy environment for trading activities. However, it is important for traders to conduct thorough research and consider their own risk tolerance before engaging with any trading platform, including OXShare.
Is OXShare Safe, Legit, and Trustworthy?
Is OXShare Safe?
When it comes to choosing a trading platform, safety is a top concern. OXShare understands the importance of safeguarding user funds and information. The platform employs industry-standard security protocols to ensure the safety and privacy of its users. Encryption techniques and firewalls are implemented to protect user data and prevent unauthorized access.
Additionally, OXShare prioritizes transparency and accountability. The platform follows regulatory guidelines and industry standards to create a safe trading environment. User funds are handled with care, and the platform takes measures to ensure the protection of personal and financial information.
Is OXShare Legit?
OXShare operates as a legitimate online trading platform. It is fully registered and operates within the legal frameworks of the jurisdictions it serves. The platform is transparent about its regulatory status and provides the necessary information to validate its legitimacy. Traders can rest assured that they are engaging with a trustworthy and regulated platform.
Is OXShare Trustworthy?
Trustworthiness is an essential consideration when choosing a trading platform. OXShare values reliability and transparency in its operations. The platform offers transparent pricing, clear terms and conditions, and responsive customer support to build trust with its users. It strives to provide a positive trading experience and values user satisfaction.
OXShare also promotes responsible trading by encouraging risk management strategies and tools. Traders are advised to understand the risks involved in trading CFDs and to have a good understanding of the market before engaging with the platform.
In conclusion, OXShare is a safe, legitimate, and trustworthy online trading platform. It prioritizes the security and protection of user funds and information through the implementation of advanced security measures. The platform operates within the legal frameworks of the jurisdictions it serves and complies with regulatory guidelines. With its focus on transparency, reliability, and user satisfaction, OXShare provides a secure and trustworthy environment for trading activities. However, it is essential for traders to conduct thorough research and consider their own risk tolerance before engaging with any trading platform, including OXShare.
OXShare broker Security and Customer Protection
OXShare a Scam?
As an investor looking for a reliable trading platform, it is natural to question the legitimacy of OXShare. However, it is important to note that OXShare is not a scam. The platform operates as a legitimate online trading broker, providing services to traders in various jurisdictions.
OXShare places a strong emphasis on the security and protection of user funds and information. The platform employs industry-standard security protocols, such as encryption techniques and firewalls, to safeguard user data and prevent unauthorized access. This commitment to security helps to establish trust and confidence in the platform.
Can We Trust OXShare?
Yes, you can trust OXShare as a reputable and trustworthy trading platform. OXShare is fully registered and operates within the legal frameworks of the jurisdictions it serves. The platform is transparent about its regulatory status, providing the necessary information to validate its legitimacy.
Transparency is a key aspect of OXShare’s operations. The platform offers clear terms and conditions, transparent pricing, and responsive customer support. This commitment to transparency helps to build trust with users and ensures a positive trading experience.
In addition to security and transparency, OXShare promotes responsible trading. The platform encourages traders to employ risk management strategies and tools, emphasizing the importance of understanding the risks involved in trading CFDs. This focus on education and responsible trading further demonstrates OXShare’s commitment to customer protection.
In conclusion, OXShare is a safe, legit, and trustworthy online trading broker. The platform prioritizes the security and protection of user funds and information, employing advanced security measures. OXShare operates within the legal frameworks of the jurisdictions it serves and complies with regulatory guidelines. With its focus on transparency, reliability, and customer satisfaction, OXShare provides a secure and trustworthy environment for trading activities. Nonetheless, it is essential for traders to conduct thorough research and consider their own risk tolerance before engaging with any trading platform, including OXShare
Conclusion
Is OXShare an International Broker?
Yes, OXShare is an international broker that provides trading services to investors in various jurisdictions. They operate within the legal frameworks of the countries they serve and are registered to offer their services in those regions. This global presence allows them to cater to a wide range of clients and provide access to markets around the world.
Is OXShare a recommended broker for 2024?
Based on the information available, OXShare is considered a safe, legit, and trustworthy online trading broker. They prioritize the security and protection of user funds and information by employing advanced security measures, such as encryption techniques and firewalls. OXShare also promotes transparency by offering clear terms and conditions, transparent pricing, and responsive customer support.
Additionally, OXShare places a strong emphasis on responsible trading and encourages users to employ risk management strategies. They provide educational resources to help traders understand the risks involved in trading CFDs, further demonstrating their commitment to customer protection.
However, it is important to note that as with any trading platform, it is essential for traders to conduct thorough research and consider their own risk tolerance before engaging with OXShare or any other brokerage. It is recommended to review their terms and conditions, regulatory status, and seek professional advice if needed.
In conclusion, OXShare operates as a reputable and trustworthy trading platform, prioritizing the security and protection of user funds and information. They have a global presence, offering their services to traders in various jurisdictions. With a focus on transparency, reliability, and customer satisfaction, OXShare provides a secure and trustworthy environment for trading activities.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

Dollar falls to two-month lows; Fed minutes loom large
In the beginning of European trade on Monday, the value of the U.S. dollar dropped to its lowest point in over two months. This decline further contributed to the significant losses it experienced last week, as there is now a growing belief that the Federal Reserve has finished raising interest rates.
The Dollar Index, which monitors the performance of the US dollar compared to six other currencies, dropped by 0.3% to 103.505 at 03:20 ET (07:20 GMT). This puts it slightly higher than its lowest point in late August, after experiencing a nearly 2% decrease last week. This decline marks the most significant weekly drop since July.
Dollar on back foot
In the past week, the dollar has been in a weak position due to poor labor market and inflation data. This has led traders to believe that the Federal Reserve may not increase interest rates any further and may even reduce rates starting in March next year.
The analysts at ING stated in a note that the weakening of the dollar has affected various currencies, including the Japanese yen, which has gained some support despite its lack of popularity.
The main attention has shifted to the minutes of the Federal Reserve’s meeting in late October, which will provide further information about monetary policy. These minutes are scheduled to be released on Tuesday.
According to ING, in this meeting, the Federal Reserve maintained its stance of tightening but also recognized that tighter financial conditions were helping to achieve the desired outcomes. ING suggests that the market is anticipating some news that shows a more accommodative approach from the Fed, which could potentially negatively affect the value of the dollar.
The Euro is strengthening even though German producer prices are declining.
In European markets, the euro strengthened by 0.2% against the US dollar, reaching a rate of 1.0926. Despite a decrease in German producer prices by 11.0% on a yearly basis in October, primarily due to a significant drop of 27.9% in energy prices, the euro remained resilient, benefiting from the weakened dollar.
This came after eurozone consumer prices were officially declared to be 2.9% on a yearly basis last week, a decrease from 4.3% the month before.
However, several ECB officials have expressed the importance of maintaining interest rates at higher levels due to the ongoing issue of high inflation.
In a speech on Friday, Joachim Nagel, President of the Bundesbank, stated that it would not be wise to begin reducing interest rates too early. He emphasized the importance of ensuring long-term price stability before considering any policy relaxation.
The value of the British pound against the US dollar increased by 0.3% to reach 1.2492, close to its highest level in two months. This rise occurred in anticipation of a speech by Bank of England Governor Andrew Bailey, scheduled for later in the day.
In October, the U.K. Consumer Price Index (CPI) experienced a significant drop, falling to 4.6% on a yearly basis. This marks the largest decrease in the annual CPI rate from one month to the next since April 1992, when comparing it to the previous month’s rate of 6.7% in September.
Despite being among the highest in the developed world, the rate of inflation in the U.K. has not prompted the Bank of England to consider reducing interest rates.
Yuan, yen benefit from dollar weakness
In Asia, the exchange rate of USD to CNY decreased by 0.6% to 7.1712, while the value of the yuan against the dollar increased to its highest point since early August.
On Monday, the loan prime rate of The People’s Bank of China was maintained at historically low levels. Additionally, approximately 80 billion yuan of liquidity was injected into the economy.
Independently, Chinese authorities promised additional policy assistance for the troubled real estate market in the country — an action that boosted trust in one of China’s largest sectors.
The USD/JPY currency pair decreased by 0.8% and reached 148.41. This marks the first time in nearly three weeks that it has strengthened below the 150 level against the US dollar. Traders are feeling less concerned about additional interest rate increases in the United States.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

On Tuesday, there was a significant increase in the value of precious metals such as gold. This was due to the release of the U.S. Consumer Price Index (CPI) for October, which indicated that inflation pressures were decreasing more than anticipated. As a result, there was speculation in the market that the Federal Reserve might not increase interest rates as aggressively as previously expected. The CPI remained the same as the previous month and only saw a slight annual increase of 3.2%, according to the Bureau of Labor Statistics.
The latest inflation data, which shows lower inflation, has caused the dollar to drop in value and Treasury yields to decrease. This has made it less probable for the Federal Reserve to raise interest rates in the near future. Consequently, the price of gold futures on the COMEX division increased by $16.30, closing at $1,966.50 per ounce. In New York, spot gold also rose by 1.1% to $1,967.54 per ounce, achieving the highest increase in a single day since October 27.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

On Thursday, Australia will implement two tax bills that have been previously announced. These bills aim to increase the revenue generated through petroleum taxes and also establish the government’s official response to a scandal that arose when confidential tax plans were leaked by a partner at PwC Australia.
Proposed changes to the Petroleum Resource Rent Tax (PRRT), which were initially mentioned in the May budget, aim to decrease the percentage of earnings that can be used for deductions. It is projected that these reforms will generate around A$2.4 billion ($1.56 billion) by June 2027.
Later this year, the government will initiate consultations on additional changes, following a Treasury review which included a total of 11 recommendations. In August, the government accepted eight of these recommendations.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

Amid indications that the United States, the largest oil producer globally, has reached its highest level of production, oil prices experienced a slight decline on Wednesday. This negated the positive signals of increased demand for crude from China, the leading consumer.
At 12:07 GMT, the price of Brent futures dropped by 29 cents, reaching $82.18 per barrel. Similarly, the price of U.S. West Texas Intermediate (WTI) crude decreased by 32 cents, settling at $77.94.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

Goodyear Tire, a stock owned by activist hedge fund Elliott Investment Management, saw its value rise by more than 8% during early trading on Wednesday. This surge can be attributed to the company’s unveiling of a significant plan aiming to divest $2 billion in assets and cut costs by $1 billion, among other measures. Additionally, Goodyear stated that Richard Kramer, the current Chairman, CEO, and President, will step down from his position in 2024.
Goodyear announced that it has thoroughly assessed all of its possessions and has made the decision to actively investigate different possibilities for its Chemical business, the Dunlop brand, and its Off-the-Road equipment tire division. Goodyear received financial advice from Evercore, Lazard (NYSE: LAZ), and Goldman Sachs during this process
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

Target Corporation (NYSE:TGT) has announced better-than-expected results for the third quarter, exceeding consensus forecasts in important financial measures. Despite a 4.9% decrease in comparable sales, which was less than the anticipated 5.2% decrease, the company’s revenue reached $25.4 billion, experiencing a year-over-year decline of 4.2% but still surpassing the consensus estimate of $25.2 billion.
By incorporating disciplined cost management and targeting categories that consistently attract consumer attention, the retail giant successfully obtained this outcome. Among these categories, beauty products played a significant role in offsetting the decline in overall sales. Additionally, there was an 8% increase in the growth of same-day services, particularly Drive-Up services which experienced a notable 12% rise.
OXShare
OXShare Your Trusted Partner For Forex & CFD Trading | Explore Forex & CFD Trading With OXShare | The Bridge To Your Future
OXShare: Your reliable broker for Forex, CFD, Oil, Gold. Low spreads, zero commission on EURUSD, GBPUSD. Trustworthy, affordable financial trading.

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