Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly.
Market Review | April 11, 2024
On Tuesday (April 9th), the US dollar index showed weak performance and quickly rebounded after falling 104 intraday, ultimately closing down 0.027% at 104.11. The collective pullback in US bond yields.
In an era where innovation and reliability serve as the twin pillars propelling the financial services sector forward, CWG Markets stands out as a beacon of progress and leadership.
Market participants are keenly awaiting the U.S. Consumer Price Index (CPI) data set for release today, a crucial determinant of the Federal Reserve's forthcoming monetary policy direction.
Market Review | April 10, 2024
Market Review | April 10, 2024
Market Review | April 10, 2024
As the financial markets brace for the forthcoming U.S. Consumer Price Index (CPI) announcement on Wednesday, U.S. equities presented a subdued performance, while the dollar index witnessed a modest decline. The anticipation surrounding the Federal Reserve's rate-cutting measures has been significantly adjusted, with expectations now set at a 60 basis points reduction for the year, a stark contrast to the 150 basis points forecasted at the year's start
Market Review | April 9, 2024
Get to Lv6 and grab the chance to win 40 grams of limited edition gold bars, $3299 cash prizes, DJI MAVIC 3 PRO, MacBook Pro and more, and feel the honor of standing at the top of the game! Don't miss this chance to win!
The expectation of the Federal Reserve's interest rate cut has changed again, leading to a surge in non farm employment growth in March Israel's withdrawal triggers a pullback in gold prices, focusing on the three major bearish impacts
The U.S. labor market's vigorous expansion, with the Non-Farm Payroll (NFP) report disclosing an impressive 303,000 job additions that exceeded both previous results and projections; bolstering dollar
Market Review | April 8, 2024
In light of the ongoing evolution of the global financial markets and the increasing complexity of the trading environment, we at CWG have decided to implement significant adjustments to the margin closeout mechanism on our MT5 platform.
The New Zealand central bank maintain its benchmark interest rate at 5.50% as expected during its previous meeting. While there was no surprise of the central bank paused rates, the less hawkish tone was a surprise as 23% of the market surveyed by Reuters predicted an interest rate hike. In February, the rate of consumer price growth in the United States picked up pace with the reading came in at 3.2%, surpassing expectations of 3.1% for underlying inflation.
The dollar index (DXY) briefly dipped below the pivotal $104 mark before rebounding in anticipation of the upcoming release of the Non-Farm Payrolls (NFP) report
Market Review | April 5, 2024
Forex4you, today announced its rebranding, unveiling a new brand name, logo, and identity as Markets4you. The rebranding reflects the company's position as a leading, global multi-asset and multi-platform trading provider.
Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year.