Brent oil prices bounced back from the multi-month low touched on Wednesday
Brent oil prices bounced back from the multi-month low touched on Wednesday, hedging just over the $80 per barrel level in early morning trading. Crude prices suffered this week, dropping more than 5% on future demand concerns, as well as lowered perceived supply risks from the Israel and Gaza situation. Inflation data from China, the world’s top oil importer, revealed a disinflationary trend that could be the precursor to a slowdown in economic activity that may lead to reduced energy consumption.
MHMarkets：Gold surged by $72 at the opening after a dovish speech by Fed Chairman Powell.
At the end of the Asian market on Monday (December 4), the Fed Chairman Powell said in his opening speech at Bellman College in Atlanta on December 1 local time. It is too early to confidently conclude that we have taken sufficient restrictive positions or speculate on when policies may be relaxed.
MHMarkets：December 04 2023--Fundamental Reminder
On Friday, Mr. Powell's remarks failed to dissuade traders from betting on rate cuts next year, with yields on the 10-year Treasury down more than 10 basis points to close at 4.209%. The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, fell even deeper to close at 4.542%. The dollar index gave up all of the day's gains to end down 0.309% at 103.2, snapping a three-week losing streak for the first time in five months.
Market Recap: December 2023
Stocks Rally, Dollar Falls, and Crypto Surges
Gold continues to soar, briefly rising by about $70 in the short term, reaching a historic high close to $2,150 per ounce
Gold continues to soar, briefly rising by about $70 in the short term, reaching a historic high close to $2,150 per ounce
WCG Markets:2023-12-04
WCG Markets:2023-12-04
The security and compliance of OTFX Forex are fundamental guarantees for its development.
Security is the bottom line in finance, and adhering to this line
OTFX Forex Trading Strategies Help You Navigate the Forex Market with Ease.
As the saying goes, a master is a teacher, and a teacher teaches and solves doubts
OTFX’s technological innovation in foreign exchange trading
Technological innovation is the primary productive force. The development of enterprises and the progress of the industry are inseparable from innovation
MHMarkets：The Fed's interest rate cut is on the way as US inflation slows down, the job market cools down, and the outlook for consumer spending deteriorates.
At the end of the Asian market on Friday (December 1), data released by the US Department of Commerce showed that the year-on-year growth rate of the US October Personal Consumer Expenditure Price Index (PCE) further decreased to 3.0%.
MHMarkets：December 01 2023--Fundamental Reminder
The dollar index extended gains and held above the 103 mark on Thursday, rising as high as 103.58 before closing 0.66% higher at 103.51, still marking its worst monthly performance in a year, despite data showing U.S.
Key Highlights and Analysis for December 1, 2023
Market Wrap: Dow Soars, Nasdaq Slips on Inflation Data
The US dollar rebounded after short-term oversold, but the overall trend remains bearish
The US dollar rebounded after short-term oversold, but the overall trend remains bearish
Notification of Change in the Leverage of Cryptocurrency and US Shares
Please be advised that the leverage on Cryptocurrency and all US Share CFDs products will be adjusted starting from 4th December 2023 to further optimize the competitiveness and improve the trading environment.
12/01 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-12-01
WCG Markets:2023-12-01
WTI rises amid OPEC+ meeting speculations, weaker US Dollar
WTI Crude Oil climbs over 1%, trading around $77.65, rebounding from a low of $75.74.
This Week, Hut 8 and US Bitcoin Corp. Will Complete Their Merger
Bitcoin Mining Merger: US Bitcoin Corp and Hut 8 to Form a US-Based Powerhouse Expect a groundbreaking merger to take place between US Bitcoin Corp and Hut 8 by November 30. This strategic alliance will establish a dominant bitcoin mining entity with its headquarters in the United States.
Market Update: Understanding the Recent US Dollar Drop and Its Implications
Let's immediately explore the noteworthy recent market shifts that have generated significant attention. The considerable plunge in US 2-year bond yields has had a profound effect, altering the direction of the US dollar significantly. Nevertheless, it is essential to analyze the fundamental aspects of this phenomenon before proceeding further.
Look ahead 30/11/23: China PMI; US Core PCE; German retail sales; OPEC+; Dell
Ahead of Fed chair Jerome Powell’s speech, investors get a raft of data including the latest US core PCE price index and China manufacturing and services print. Oil could be volatile in the run up to the OPEC+ meeting.
Aktuelle Nachrichten
Bitcoin-Kurs könnte Mitte Januar seinen Höhepunkt erreichen, sagt ein Unternehmen
WikiFXImmobilien: Das könnt ihr 2025 bei Kaufpreisen, Baufinanzierungen und Mieten erwarten, laut Experten
WikiFXFlugtaxi-Startup Volocopter meldet Insolvenz an
WikiFXDie besten Einstiegsgehälter 2025: Bei diesen Kanzleien können Anwälte im ersten Jahr am meisten verdienen
WikiFXEthereum Spot-ETFs erreichen einen wichtigen Meilenstein – während Bitcoin-ETFs weiter unter Abflüssen leiden
WikiFXKrankenkassen-Verband: Beiträge für die gesetzliche Krankenkasse werden auch nach 2025 weiter steigen
WikiFXPwC nutzt „Prompting-Partys, damit Mitarbeiter mit KI experimentieren können
WikiFXSolana (SOL) legt um 6 % zu – starker Kapitalzufluss signalisiert weiteres Wachstumspotenzial
WikiFXChef von Bahn-Tochter über zweistellige Milliarden-Investitionen in die Schiene: „Erstmal wird es nicht schlechter
WikiFXHöhere Beiträge ab 2025: So viel teurer wird eure Krankenkasse im kommenden Jahr
WikiFX