On May 17, the 2024 Wiki Finance EXPO concluded successfully at SKY 100 in ICC, Tsim Sha Tsui, Hong Kong. This financial technology event, hosted by WikiGlobal, attracted top figures from the global financial sector to explore the development and future trends of financial technology.
Australian retail sales experienced a greater decline than anticipated in the March quarter, dropping by 0.4% compared to the expected 0.2% decrease. This marked the lowest annual retail sales growth since 2021, excluding pandemic-related impacts. In April, the Conference Board released its CB Consumer Confidence report, revealing a decline in consumer confidence from 103.1 (revised from 104.7) in March to 97.0 in April, against an analyst consensus of 104. The U.S. gross domestic product...
On Thursday (May 23), the US dollar index continued to rebound to a new high for the week, breaking through the 105 mark and rising 0.17% on the same day, ultimately closing at 105.11.
Beyond honing technical skills, demo trading aids in developing the psychological resilience required for live trading. Emotions play a pivotal role in trading decisions, and the demo environment allows you to practice discipline and emotional control without financial repercussions.
U.S. PMI readings beating market expectations fuels dollar upward momentum.
Market Review | May 24, 2024
The Russian Energy Ministry has stated that Russia's crude oil production in April exceeded the designated quota and they will submit a compensatory production cut plan to OPEC.
We are thrilled to announce that Easy Trading Online has been awarded the “Best Forex Broker - Asia” at the Wiki Finance EXPO 2024 Hong Kong! This prestigious recognition underscores our commitment to excellence and dedication to providing top-notch services to our clients.
AUS Global, a leading global forex broker, is thrilled to announce that it has been awarded the prestigious “Best Forex Broker IB Program” award at the Smart Vision Forex Traders Summit Dubai 2024.
We would like to share some good news about our app! We have implemented significant enhancements to elevate your trading journey with it.
Market Review | May 23, 2024
Rising metal prices take center stage as gold, silver, and copper hit new highs. Traders need to reassess rising inflation and global economic impacts. Increased global macroeconomic activity and metal demand are driving the price surge. With inflation remaining strong and rate-cut expectations delayed, investors are turning to precious metals. Global central banks' significant demand for gold, solar panels' demand for silver, and renewable energy and electric vehicles' demand for copper are all
Market Review | May 22, 2024
Start Making Money in 2024 as a Forex Trader In 2024, the potential for Forex trading as a home-based business is greater than ever, especially with platforms like Giraffe Markets. With over five years of presence in different financial markets, Giraffe Markets provides superior execution and trading conditions with access to 290+ instruments across six asset classes. To explore your opportunities in Forex trading, create a demo account today with Giraffe Markets.
On Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strongOn Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strong
In yesterday's market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement, with fresh data indicating that the property sector in China remains a significant concern.
Market Review | May 21, 2024
The Giraffe Markets Introducing Broker program offers a blend of financial rewards, robust support, and cutting-edge marketing tools. Generate your referral link and start seizing opportunities today. Don't miss this chance to accelerate your financial growth and join a community of successful brokers at Giraffe Markets. Let's achieve greatness together—partner with Giraffe Markets today!
The Federal Reserve and other federal regulatory agencies plan to relax capital requirements for large banks, easing the capital burden on the banking industry, which is beneficial for enhancing lending capacity and financial market liquidity, supporting economic activities. However, there is still uncertainty in the market regarding the policy direction of the Federal Reserve, especially with the possibility of rate hikes not ruled out, as indicated by Bauman. While major central banks around
geopolitical issues in Eastern Europe and the Middle East have intensified, driving safe-haven gold prices to all-time high levels.