Upbeat PMI Readings Bolsters Dollar
The dollar index (DXY) surged by nearly 0.5% in the previous session, propelled by the robust ISM PMI readings surpassing the 50-mark threshold
Today's Economic News
Market Review | April 02, 2024
Dollar Dominance: Fed's Hawkish Remarks
The Dollar Index extended its upward trend, buoyed by hawkish remarks from Federal Reserve officials and robust inflation figures, including the Personal Consumption Expenditures (PCE) Price Index hitting 2.5% annually.
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EBC Financial Group (Cayman) Limited Granted Full Regulatory Licence from the Cayman Islands Monetary Authority (CIMA)
EBC Financial Group strengthens its global presence with full CIMA licence, underscoring the group’s commitment to stringent global regulatory standards.
MHMarkets：2024.03.29 MHM European Time Analysis
Fed Governor Christopher Waller's recent comments have highlighted a cautious stance towards adjusting interest rates, marking a significant moment for the financial markets.
Market Closure in April
Please be advised that the following instruments' trading hours and market session times will be affected by the upcoming April holidays.
Modification of Long Swap Rates for Cryptocurrency Products
With the current bullish trend in cryptocurrencies, long positions for all cryptocurrency products (excluding USDTJPY) are incurring interest rate. Our company would have to reflect this on clients’ positions as well.
Notification of Upgrade to CWG Markets Copy Trading Community
Notification of Upgrade to CWG Markets Copy Trading Community
Market Welcomes Easter, Will Data Egg-cites Next Week?
In February, economic activity within the U.S. manufacturing sector continued its contraction for the 16th consecutive month in February with the data stood 47.8 against 49.1 recorded in January, according to the Institute for Supply Management (ISM).
Economic data differentiation in Europe and America The US dollar continued to rise on Thursday, while gold hit a new record high
Economic data differentiation in Europe and America The US dollar continued to rise on Thursday, while gold hit a new record high
Dollar Gains on Upbeat U.S. GDP Data
The Dollar surged as upbeat U.S. GDP data, surpassing expectations at 3.4%, fueled speculation of a Federal Reserve pullback on anticipated rate cuts, heightening investor confidence in the currency. Concurrently, safe-haven gold experienced significant bullish momentum as investors hedged portfolios ahead of pivotal events despite the dollar's ascent.
Today's Hot Financial News
Market Review for March 29,2024
MHMarkets：2024.03.28 MHM European Time Analysis
In the forex market, stability was the theme for the U.S. dollar index, holding firm at 104.30. Minor fluctuations were observed across major currency pairs: the Euro slightly weakened against the dollar, closing at 1.0827
Market attention on the direction of the Japanese yen, with the US dollar slightly rising on Wednesday Gold rose 0.74% and recorded three consecutive positive days on the daily chart
Market attention on the direction of the Japanese yen, with the US dollar slightly rising on Wednesday Gold rose 0.74% and recorded three consecutive positive days on the daily chart
U.S. Equity Market Rally Ahead of GDP
the U.S. equity market, led by the Dow Jones, gained more than 1% last night as institutional investors rebalanced their quarter-end portfolios and exhibited enthusiasm for equities.
Trading Hour Schedule Changes for EU/UK Daylight Saving
Please note that in observance of the upcoming Daylight Saving Time in EU/UK , there will be changes to STARTRADER's trading schedule from 31st March 2024.
Today's Hot Financial News
Market Review for March 28,2024
WCG Markets:2024-03-28
WCG Markets:2024-03-28
MHMarkets：2024.03.27 MHM European Time Analysis
In the latest market wrap focusing on the foreign exchange sector, the U.S. dollar index showed minimal movement, holding at 104.31.
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