The rate of silver is susceptible to conjecture and supply and demand. The silver price is closely followed by traders due to its potential for volatility, as well as the metal being a viable hedging option. It often tracks the pricing of gold due to store of value demands, but the ratio varies.
The S&P 500 traded lower on the week as the latest round of earnings reports suggest a recession could be on the horizon. On Monday, China reported its economy grew 4.5% in the first quarter, exceeding economist estimates of 4% GDP growth. China finally lifted most of its COVID-19 economic and travel restrictions in the first quarter, opening the door for the nation's highest economic growth since the first quarter of 2022.
Top 5 things to watch in markets in the week ahead
EUR/USD is holding gains above the 1.0920 support.
Below are the predicted Economic calendar for this week
The Dallas Federal Reserve's Business Activity Index and Manufacturing Output Index for April, both released on Monday evening, fell short of expectations, sparking concerns about a slowdown in the US economy. The US dollar index fell as low as 101.33, closing 0.33% lower at 101.35.
Fed approves 0.25% hike, softening rate increases again. The Fed has raised interest rates to cut prices but the move risks a recession.
The recent surge of bullish momentum in the cryptocurrency market could potentially be attributed to the end of central banks' tightening measures and the perceived resilience of the US economy. Reviving hopes for a strengthened market sentiment from a single view.
Investors and depositors are continuing to yank money out of low yielding banks and into higher yielding institutions or investment vehicles.
The AUDCAD price has been following a bearish trajectory within a downward sloping channel for some time.
WCG Markets-2023-04-25
Leading financial firm, CM Globals, has announced its latest corporate initiative to work together with a firm that promotes sustainable development of agriculture and farming.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
CM Globals, a leading financial services firm, announced recently that it has raised its targets for the upcoming quarter.
In the early morning trading of the Asian market on April 24th Beijing time, the US dollar index slightly rose and is currently trading at around 101.72. The US dollar showed little change against major currencies last Friday as business activity data showed that the world's largest economy still has resilience, supporting the Federal Reserve's expectation of another 25 basis points rate hike at next month's policy meeting.
Imagine living a life of opulence, surrounded by the finest luxuries money can buy. This appears to many of us to be a pipe dream reserved only for the richest people in the world. But have you ever wondered what it takes to be among the wealthiest 1% in the world? Find out what it means to be part of the top 1% income earners worldwide. From jaw-dropping figures to surprising insights, discover what it takes to join the world's financial elite 1%!
The next generation of the internet is here, and it’s called Web 3.0. This new version of the web will be more personalized, more interactive, and more intelligent than ever before. Web 3.0 is set to transform the way we interact with the digital world, and nowhere is this more evident than in the world of trading. Discover how it can enhance your trading experience significantly!
Last Friday, the April U.S. manufacturing Markit PMI unexpectedly returned above 50 points above the divide between prosperity and decline, and services PMI are not falling but rising, respectively, which was a six-month and one-year high; comprehensive PMI stronger than expected, hitting a new high since May last year. Boosted by this strong data, the dollar index, which was once near a 1-year low during the day, jumped and returned to above the 102 mark. Although it then retreated and closed d
Ramadan is a time of reflection, dedication and generosity. For STARTRADER, a company that values social responsibility and community engagement, this month presents an opportunity to make a difference in the lives of disadvantaged children at Assaidah Orphanage, Bogor, Indonesia - West Java. On Tuesday, April 11, 2023, from 6pm to 8pm (GMT+7 time), STARTRADER organized a special event to celebrate Ramadan and show love to children.
On April 22, 2023, the third AIM TO REACH seminar hosted by STARTRADER was grandly held at Prajaktra Design Hotel in Udon Thani Province, Thailand. The event attracted many investors and financial industry experts to discuss techniques for finding price disruption points. As an innovative company focusing on financial services, STARTRADER aims to provide high-quality financial services. This seminar aims to further expand customer resources, share industry experience, and bring rich professional