by Daman Securities LLC

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by Daman Securities LLC

Day: June 10, 2025

US Nonfarm Payrolls Rise but Future Hiring Could Be at Risk 

US Nonfarm payrolls for May came in better than expected, with the unemployment rate steady and wage growth rising.   Despite the strong labor market report, hiring could see a slowdown in the coming months as trade uncertainty and concerns over consumer spending lead firms to become more cautious on hiring.  Breaking Down The Report  […]

Trump–Musk Fallout Wipes $152 Billion Off Tesla’s Value 

Tesla stock is reeling amid a market firestorm sparked by a feud between CEO Elon Musk and President Trump.    The clash erupted because of a new government spending bill, triggering market volatility and raising concerns over Tesla’s future as the EV company faces trouble from weak global sales and the removal of the EV […]

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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 Markets”). (https://damanmarkets.com) 

It has come to our attention that the fraudulent websites (⚠️ www.damaninvest.com  and ⚠️ www.damanfx.com) are unlawfully using the Daman Markets name, brand, and logo. They deceive investors into thinking they are dealing with Daman Markets to steal personal financial information and fraudulently extract money. 

These fraudulent websites are not connected in any way with Daman Markets. 

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