WCG Markets:2023-10-10
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
On Monday (October 9), the Asian market closed, and after a significant decline in the USDX last Friday, the Asian market opened today with a slight upward adjustment. The current price is around 106.31, and there was no breakthrough during the Asian market; During the gold sub market period, the stock price jumped short and opened high, with overall volatility during the sub market period. The current price has not filled the gap downward, and is currently around 1853.54;
The strong recruitment campaign in September brought last week to a successful conclusion, and the US GDP growth in the third quarter is likely to be close to 5%.
The dollar index jumped to near 107 after Friday's non farm payrolls report, which was almost twice as large as expected, indicating that the US labor market remains strong and reinforcing expectations of Fed tightening. However, the market trend did not last and made a dramatic reversal during the session, falling below 106 at one point and closing down 0.24% at 106.11.
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EUR/USD has encountered resistance at the Tenkan-Sen line and is now poised to move below the Ichimoku Cloud, pointing towards a potential downtrend.
The stock market faced significant setbacks in September, with the S&P 500 Index, a broader seen since early June. Despite this, a market strategist remains optimistic about the medium- term outlook.
Significant concerns regarding U.S. oil reserves are causing a sharp rise in oil prices. Brent and WTI both gain over 3% today, due to further cuts from OPEC+ and the risk associated with excessively low reserves at the U.S. oil hub in Cushing.
FTX-founder Sam Bankman-Fried’s trial is less than a week away. Here’s what you need to know:
It is widely anticipated that the Federal Reserve will maintain interest rates within the range of 5.25% to 5.50% (525 to 550 basis points) during the upcoming FOMC meeting. While both economists and the markets do not foresee any changes, this meeting holds considerable significance for traders.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-10-06
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-10-05
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
STARTRADR is thrilled to announce the launch of its cutting-edge online trading application, meticulously crafted to elevate the trading experience for its valued clientele. The app introduces one-click orders, enabling users to effortlessly select their preferred trading products and execute deals with unprecedented speed.
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session times will be affected by the upcoming October holidays.
WCG Markets:2023-10-04
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】