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Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

Industry

Bessent says Treasury buyback operation could be more than $4 billion

Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.

Industry
India Forex Reserves Rebound to $707 Billion: Why That Does Not Guarantee a Stronger Rupee

India Forex Reserves Rebound to $707 Billion: Why That Does Not Guarantee a Stronger Rupee

India forex reserves rose by $14.136 billion to $707.002 billion in the week ended 7 August 2026. This explainer separates RBI forex-reserve facts from rupee predictions, explains the role of foreign currency assets and gold, and gives forex-market readers a practical checklist before treating one headline as a trading signal.

News
UK Inflation Jumps to 2.9%: What the July Data Means for GBP and Bank Rate Expectations

UK Inflation Jumps to 2.9%: What the July Data Means for GBP and Bank Rate Expectations

UK CPI rose to 2.9% in July 2026 from 2.6% in June. See what the data may mean for GBP, gilt yields and Bank Rate expectations without overreading one release.

News
VrenKapstead Warning: FCA Says the Firm is Unauthorised—5 Checks Before You Pay

VrenKapstead Warning: FCA Says the Firm is Unauthorised—5 Checks Before You Pay

The FCA added VrenKapstead to its Warning List on 18 August 2026. See the domains named, what protection may be missing, and five checks before payment.

News
UK Inflation Today: 3 GBP Scenarios Traders Should Prepare For

UK Inflation Today: 3 GBP Scenarios Traders Should Prepare For

The Office for National Statistics scheduled the UK July 2026 inflation release for 19 August. Before the bulletin is published, the latest confirmed baseline is June CPI at 2.6% year on year and CPIH at 2.8%. The cleanest way to cover today's data is to compare the official result with expectations and then check services inflation, core inflation and the monthly change before drawing conclusions for GBP.

News
Phillip Futures Review 2026: An A+++ Result Does Not Replace a 09:30 Withdrawal Check

Phillip Futures Review 2026: An A+++ Result Does Not Replace a 09:30 Withdrawal Check

This Phillip Futures review examines PT Phillip Futures, Broker Code 7341369120, Bappebti's A+++ Q1 2026 result and the MT5 GOFX rules on withdrawal cut-off time, beneficiary account, fees and complaints. It helps traders read product terms before funding an Indonesia forex broker account.

News
Darwinex Review 2026 for India: Regulation, Forex, Login and Clone Risk

Darwinex Review 2026 for India: Regulation, Forex, Login and Clone Risk

Darwinex is a trading name used by several overseas companies. Official records support named entities in the UK and Spain, while Darwinex also describes a Seychelles entity. None of this proves Reserve Bank of India authorisation. Indian residents should check RBI rules, the authorised ETP list, the legal entity and the permitted purpose before considering a forex transaction.

News
Ultima Markets Rolls Out 1:2000 Leverage Across All Accounts

Ultima Markets Rolls Out 1:2000 Leverage Across All Accounts

Ultima Markets has announced changes to its trading conditions, with leverage of up to 1:2000 now available across selected account types and regions. The move places increased attention on the role of leverage in retail trading, particularly given the potential for higher exposure with relatively small amounts of capital.

News
Robinhood’s AI Trading Boom Raises a Bigger Question: Who Pays When AI Gets It Wrong?

Robinhood’s AI Trading Boom Raises a Bigger Question: Who Pays When AI Gets It Wrong?

Robinhood’s launch of its “AI agent accounts” in July has brought that question into sharp focus. The feature allows users to give AI based instructions that can then be used to execute stock and options trades. Within weeks, around 50,000 users reportedly opened such accounts, while daily AI driven trading activity reached several million US dollars. The excitement, however, was followed by scrutiny.

News
AvaTrade launches AvaTradeGO, its in-house mobile platform

AvaTrade launches AvaTradeGO, its in-house mobile platform

AvaTrade launched AvaTradeGO, its in-house mobile trading platform built as a bespoke MT4 frontend by Devexperts. Released three months after development began in March 2017, with a controlled client launch in November 2017 and China/Japan versions, the app adds market sentiment, trade sharing and price alerts across Forex, CFD, futures, index and crypto assets.

News
AvaTradeGo: AvaTrade's new in-house mobile trading platform

AvaTradeGo: AvaTrade's new in-house mobile trading platform

AvaTrade launched AvaTradeGo, an in-house mobile trading platform developed with Devexperts as a bespoke frontend for its MT4 terminal. Released three months after work began in March 2017, the app covers forex, CFDs on equities, futures, indices and cryptocurrencies, and introduced features such as market sentiments, trade sharing and price alerts.

News
MT.Cook Review: What Traders Should Know Before Depositing

MT.Cook Review: What Traders Should Know Before Depositing

MT.Cook is a South Africa-based ECN and DMA broker with an FSCA derivatives licence, but its own profile flags that it operates outside the FSCA's regulated scope. Here is what traders should verify before depositing.

Exposure
Your Trading Journal Keeps the Secret. Here's How to Read It

Your Trading Journal Keeps the Secret. Here's How to Read It

Your trading journal can reveal behaviour patterns that a win-loss scoreboard hides. Discover what to record before the result appears and how to review a string of trades to expose the loop.

News
OROKU EDGE Review: Regulation Alerts, Frozen Funds, and a Broker Risk Pattern Traders Should Not Ignore

OROKU EDGE Review: Regulation Alerts, Frozen Funds, and a Broker Risk Pattern Traders Should Not Ignore

OROKU EDGE carries severe risk signals: no verified financial regulation was found, while Malaysia’s Securities Commission placed related entries on investor alert lists for unauthorized capital market activity. User complaints also allege frozen accounts and withdrawals left unpaid or pending.

Exposure
US Dollar Sinks As Yields Drop

US Dollar Sinks As Yields Drop

An analysis of recent Forex and macro market moves, focusing on the US dollar sell-off triggered by Treasury debt buybacks, hawkish Fed minutes, and the resulting surge in gold and crude oil prices.

News
DA finance chief steps aside over R4bn SARB forex probe

DA finance chief steps aside over R4bn SARB forex probe

The DA removed federal finance chairperson Mark Burke from Parliament's finance committees on 19 August 2026 as a precaution over conflict-of-interest concerns, after SARB's probe alleged his fintech firm Kastelo misrepresented activities to circumvent exchange controls, with a reasonable suspicion of R4bn in contraventions.

News
Quotex Review: Regulation Warnings, Broker Complaints, and Blocked Funds

Quotex Review: Regulation Warnings, Broker Complaints, and Blocked Funds

Quotex carries a severe risk signal: no confirmed financial regulation, three regulator warnings/blacklist disclosures, and repeated user reports of withdrawals, deposits, commissions, and account access being blocked. Traders describe funds turning unreachable precisely when they try to withdraw.

Exposure
SQUAREDFINANCIAL Review: Withdrawal Requests Go Unanswered as Clients Report Locked Accounts

SQUAREDFINANCIAL Review: Withdrawal Requests Go Unanswered as Clients Report Locked Accounts

SQUAREDFINANCIAL holds CySEC and ASIC licences, but recent user complaints focus on withdrawal requests going unanswered and accounts being locked, with several reports naming the offshore Seychelles entity. This review maps the complaint pattern and what to check before trading.

Exposure
Singapore orders Facebook, Instagram, TikTok to ban scam ads

Singapore orders Facebook, Instagram, TikTok to ban scam ads

Singapore ordered Facebook, Instagram and TikTok to block financial-services ads from providers lacking local authorization under the Online Criminal Harms Act, with compliance due by January 31, 2027. The new Social Media Code requires pre-publication screening, advertiser verification against government records and prompt removal of suspected scam ads, with proposed penalties up to S$10 million per instance of noncompliance.

News
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