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by Daman Securities LLC

Day: May 2, 2025

Pre-Tariff Buying Spree Pushes US Imports Up, GDP Down 

The US economy contracted in Q1 2025 due to an import surge at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.    Behind The Contraction   Q1 GDP contracted at 0.3% QoQ, driven largely by a 5% reduction from net exports and government spending. The data was […]

Australia’s First-Quarter Inflation Stays Steady at 4-Year Low

 Australia’s CPI for the first quarter of 2025 revealed that headline inflation held steady while core inflation dipped into the Reserve Bank of Australia’s (RBA) target range for the first time since 2021.    Inflation Steady, Core Inflation Hits RBA Target   Australia’s headline inflation rate for March remained unchanged at 2.4% YoY, the same […]

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Daman Securities LLC (“Daman”) is a limited liability company incorporated in the United Arab Emirates (“UAE”) with Commercial Registration No. 2112974. Daman is regulated, supervised, and licensed by the UAE Securities and Commodities Authority (“SCA”) under Category 1 License No. 604020, authorizing it to engage in financial brokerage activities including, trading and clearing in UAE financial markets, trading in global financial markets, and trading in Over-the-Counter (“OTC”) derivatives and commodities contracts, and currencies in the spot market (“Forex”). Daman’s principal place of business is located on the 14th floor of the World Trade Center, Dubai, UAE.

Daman Markets is the designated name for Forex and CFD’s trading services provided by Daman Securities LLC. The domain damanmarkets.com is owned by Daman Securities LLC, and it serves as the primary platform through which we offer our services. It’s noteworthy that the Forex and CFD products of Daman Securities LLC are available through the website damanmarkets.com, ensuring a seamless and integrated experience for our clients.

RISK WARNING: Forex and CFDs are complex instruments. They come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to incur losses and have the appropriate risk appetite.

Notwithstanding any translated version of this page that may be provided, the English language version and all referenced specifications are the official version that bind the Company and the client. In the event of any conflict or discrepancy between any translated version of the Company’s agreement and web page and the English language version, the English language version prevails.

NOTE: The products and services offered by Daman Markets (Daman Securities LLC) are not intended for residents of Iran, Democratic People’s Republic of Korea (DPRK), Myanmar, South Sudan, Syria, Democratic Republic of Congo, Mali, Yemen, Lebanon, Afghanistan, Sudan, Central African Republic, Iraq, Libya, Somalia, Haiti, Venezuela, Kenya, Russia or to any person in any country or jurisdiction where the offer of such products and services would be contrary to local law ore regulation. This list is not exhaustive and subject to change.  Please contact us directly for more information

This website you are entering is the genuine Daman Markets website by Daman Securities LLC (“Daman”). (https://damanmarkets.com)

It has come to the attention of Daman that a fraudulent website (https://damaninvest.com) is unlawfully using Daman name, brand, and logo. They trick investors into believing they are dealing with Daman and to fraudulently obtain personal financial details and extract money from those people who are deceived into using it.

The fraudulent website is not connected in any way with Daman.

Daman will never ask for your personal information such as contact details, bank account number, and or credit card details by email, text or WhatsApp message, or other electronic means.

Daman will not be liable for any losses paid, suffered, or incurred by anyone as a result of being victimized by the fraudulent company. If you fall victim of the fraudulent company, please report the incident to your local police.