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What is Negative Balance Protection?
A relatively straightforward concept, negative balance protection (NBP) simply means that you can’t lose any more money than is in your account. So, if you have GBP1000 in your account, for example, you can’t lose more than that. Imagine you have GBP1000 in your account and you enter a CFD trade wit
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Fed Governor Waller says he needs more positive inflation data before supporting lower rates
Federal Reserve Governor Christopher Waller commented that based on a series of data points indicating inflation appears to be easing, he does not believe additional interest rate hikes will be needed. Waller stated, "Unless I see a substantial deterioration in the labor market, I will need to obser
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ECB's Schnabel Suggests June Rate Cut Could Be Warranted, but Path Forward Highly Uncertain
European Central Bank Governing Council member Isabel Schnabel stated that the pace of economic growth in the eurozone has picked up somewhat in recent times, which contributes to the optimism that the region's economy has moved past the most severe phase of its recent downturn. "If our forecasts fo
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