WCG Markets:2024-01-11
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
EBC Global Focus reports a robust performance of Japan's stock market on January 10th, with the Nikkei Index hitting a 33-year high, defying global downtrends. EBC Group's insights are highlighted by strong semiconductor stocks, like Tokyo Electron, and Nvidia's new highs. Despite global economic slowdown concerns, EBC emphasizes risk management and capital safety, reflecting its comprehensive financial services and global presence.
Market players brace for a slew of data/events on early Wed. .mmnesday as they consolidate the year-start moves amid mixed feelings. Even so, dovish Fed bias joins the China stimulus hopes to unde and Antipodeans. However, the odds of witnessing the US soft landing tests the US Dollar bears of late.
The EURUSD formed a strong bear close yesterday below the 20-period moving average.
EUR/USD attempts to retrace its recent losses, trading near 1.0920 during the Asian session on Thursday. The EUR/USD pair faced downward pressure as the US Dollar (USD) strengthened, driven by a market shift towards caution amid concerns about global growth at the close of 2024.
GBP/JPY snaps a two-day losing streak, improving to near 184.40 during the European session on Wednesday. The Japanese Yen (JPY) encountered challenges following a downbeat Japanese Labor Cash Earnings report, which indicated an annual contraction of 0.2% in November.
On January 8, CoinShares published its weekly report on inflows and outflows for digital asset investment products for the last week. It was a good week as they recorded aggregate inflows valued at $151 million.
Unraveling the Day's Market Movements, Forex Dynamics, and Crypto Rollercoaster
WCG Markets:2024-01-10
Inflation in Context: Reading Between the Data Lines for Better Trading Decisions
WCG Markets:2024-01-09
US Consumer Inflation Expectations Decline The US dollar weakened and fell yesterday, consolidating
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Insights into Global Markets - Stock Market Rebounds, Forex Movements, and Notable Cryptocurrency Trends
WCG Markets:2024-01-09
This article offers a preview of the weekly data for USOIL and XAUUSD. The upcoming economic data later this week are poised to be the main drivers in the markets for the near short-term outlook. The most significant economic data for this week include:
The US Securities and Exchange Commission (SEC), along with the investment titans BlackRock, Fidelity Investments, and Vanguard Group are in the final throes of a potentially groundbreaking cryptocurrency decision. The stage is set for what could be the biggest week in the history of Bitcoin trading.
One economist is calling for a 92% crash in the NASDAQ. Is the recent pullback just that, or are major cracks starting to form?
Non Farm Payrolls: Navigating the Uncertain Market with Effective Strategies