Latest news with #XS.com's
Wall Street Journal
06-05-2025
- Business
- Wall Street Journal
Oil Futures Edge Higher, Supported by Middle East Tensions
0010 GMT — Oil futures edge higher in early Asian trade, supported by Middle East tensions. Israel's military on Monday conducted airstrikes against targets in Yemen, a day after the Houthi rebel group launched a ballistic missile that struck near Israel's main airport. 'This escalation coincides with stalled U.S.-Iran nuclear negotiations,' Samer Hasn says in an email. 'Any further escalation could threaten oil infrastructure across the region and disrupt global shipping routes on a broader scale,' the senior market analyst adds. Front-month WTI crude oil futures are 0.1% higher at $57.20/bbl; front-month Brent crude oil futures edge 0.2% higher to $60.33/bbl. (
Wall Street Journal
29-04-2025
- Business
- Wall Street Journal
Gold Edges Lower as Traders Assess Mixed Signals
2347 GMT — Gold edges lower in the early Asian session as traders assess mixed signals from Treasury Secretary Bessent on Monday. Bessent said in an interview on CNBC that it's 'up to China' to de-escalate trade tensions with the U.S. At the same time, Bessent also suggested the U.S. will probably strike an early trade deal with India. 'However, gold remains a haven for investors during times of economic uncertainty, suggesting that this decline may be temporary,' Rania Gule says in an email. President Trump's announcement in April of broad tariffs boosted worries over slowdown in U.S. economic growth, which could increase demand for gold, the senior market analyst adds. Spot gold is 0.2% lower at $3,337.64/oz. (
Wall Street Journal
13-03-2025
- Business
- Wall Street Journal
Gold Edges Higher as Global Trade War Prospects Grow
2349 GMT — Gold edges higher in the early Asian session. EU and Canada unveiled retaliatory tariffs against the U.S. on Wednesday, further increasing prospects of a global trade war after the U.S. imposed levies on global steel and aluminum imports. Such prospects could enhance the safe-haven appeal of the precious metal. There's uncertainty over the impact of tariffs on the U.S. economy amid talk of a recession, Samer Hasn says in an email. Market turmoil has also deepened due to President Trump's repeated 'start-and-stop' over tariffs, Hasn adds. Spot gold is 0.1% higher at $2,937.82/oz. (
Zawya
27-02-2025
- Business
- Zawya
XS.com appoints Stelios Pallis as Chief Technology Officer
the multi-award-winning global FinTech and financial services provider, proudly announces the appointment of Stelios Pallis as its new Chief Technology Officer (CTO), underscoring the company's strategic commitment to technological advancement and innovation. With an exceptional background in system architecture, backend development, and cloud solutions, Stelios Pallis is set to spearhead technology strategy, steering the firm towards the next generation of financial solutions. His leadership will be pivotal in driving cutting-edge innovation, ensuring the company's continued leadership in providing seamless, secure, and scalable trading experiences. Stelios Pallis brings over a decade of experience in the tech industry, renowned for his strategic vision in aligning technology with business objectives. His expertise in enhancing system performance, leading high-performing teams, and delivering impactful results is matched by his impressive track record of driving technological advancements in the financial sector. 'I am eager to join and lead its technology initiatives at a time when the industry is evolving rapidly,' said Stelios Pallis, CTO of 'My goal is to enhance the company's technological framework, drive innovation, and ensure that we continue to provide traders with cutting-edge solutions that set new standards in the market.' As CTO, Pallis will lead the global tech infrastructure at focusing on the development of seamless, secure, and innovative trading solutions. His vision will drive the company's technological evolution, ensuring it remains at the forefront of the financial services industry by delivering transformative, client-centric solutions. Mohamad Ibrahim, CEO of expressed his confidence in the new appointment, stating: 'It's an exciting moment for as we welcome Stelios Pallis to our leadership team. His deep technical expertise, forward-thinking strategy, and ability to build scalable, innovative solutions make him the perfect addition to our vision. We are eager to work closely with Stelios as we break new ground and stay true to our commitment to creating real, impactful solutions.'' With Stelios Pallis at the helm of technology leadership, is poised to further solidify its position as a leader in the FinTech and financial services industry. This strategic appointment not only underscores the company's commitment to technological excellence but also sets the stage for enhanced customer experiences and sustained growth. XS Company Review The XS Group (operating under brand name 'XS' or ' is a Global Multi-Asset Broker providing access to trade a wide range of financial products. Established in Australia in 2010, has grown into a global market leader in the FinTech, financial services and online trading industry with licences in various jurisdictions and offices in different locations around the globe. offers traders, institutional investors and brokers worldwide access to deep institutional liquidity and advanced trading technology, combined with an efficient user experience, high-quality relationship management and excellent customer support. Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved.
Wall Street Journal
25-02-2025
- Business
- Wall Street Journal
Gold Consolidates; Potential Profit-Taking May Weigh
2345 GMT — Gold consolidates in early Asian trade, but potential profit-taking may weigh after front-month gold futures settled at a fresh record high overnight. The recent uptrend in the precious metal coincided with negative signs over the future of economic activities and the labor market in the U.S., Samer Hasn says in an email. These sources of uncertainty have added to those prevailing globally such as concerns over trade conflict between the U.S. and the rest of the world, the senior market analyst adds. Spot gold is little changed at $2,952.39/oz. (
