CWG Markets Triumphs at 2024 Hong Kong Wiki Finance Expo with "Best Forex Trade Execution"
The highly anticipated Hong Kong Wiki Finance Expo has successfully concluded
Today's Market Updates
Market Review | May 27, 2024
【MACRO Insight】The Japanese economy is facing challenges, and the central bank may raise interest rates to address the depreciation of the yen
Some self-media suggest that Japan's exchange rate may be influenced by the United States, and believe that there is a high possibility of the yen depreciating. They believe that the depreciation of the yen is beneficial for economic development. Despite the political turmoil in Japan, the economy is not easily being "harvested," and businesses benefit from the depreciation of the yen. The depreciation of the yen reflects Japan's long-term economic difficulties, but it is not being "harvested."
DBG Markets Wins "Most Favored Demo Trading Broker" and "Best Forex Trading Experience" at the 2024 Wiki Finance EXPO
On May 17, the 2024 Wiki Finance EXPO concluded successfully at SKY 100 in ICC, Tsim Sha Tsui, Hong Kong. This financial technology event, hosted by WikiGlobal, attracted top figures from the global financial sector to explore the development and future trends of financial technology.
Surprise or Steady? April's Core PCE Data to Set Market Tone
Australian retail sales experienced a greater decline than anticipated in the March quarter, dropping by 0.4% compared to the expected 0.2% decrease. This marked the lowest annual retail sales growth since 2021, excluding pandemic-related impacts. In April, the Conference Board released its CB Consumer Confidence report, revealing a decline in consumer confidence from 103.1 (revised from 104.7) in March to 97.0 in April, against an analyst consensus of 104. The U.S. gross domestic product...
US economic data better than expected The US dollar rose on Thursday, while gold plummeted by nearly 90 dollars
On Thursday (May 23), the US dollar index continued to rebound to a new high for the week, breaking through the 105 mark and rising 0.17% on the same day, ultimately closing at 105.11.
Forex Trading Demo Accounts: Platforms and Strategies
Beyond honing technical skills, demo trading aids in developing the psychological resilience required for live trading. Emotions play a pivotal role in trading decisions, and the demo environment allows you to practice discipline and emotional control without financial repercussions.
Dollar Gain on Hawkish Fed Prospect
U.S. PMI readings beating market expectations fuels dollar upward momentum.
Economic News Today
Market Review | May 24, 2024
【MACRO Alert】Russia's oil production exceeds quota! Plans to submit compensatory production cut plan to OPEC!
The Russian Energy Ministry has stated that Russia's crude oil production in April exceeded the designated quota and they will submit a compensatory production cut plan to OPEC.
Easy Trading Online Awarded “Best Forex Broker - Asia” at Wiki Finance EXPO 2024 Hong Kong
We are thrilled to announce that Easy Trading Online has been awarded the “Best Forex Broker - Asia” at the Wiki Finance EXPO 2024 Hong Kong! This prestigious recognition underscores our commitment to excellence and dedication to providing top-notch services to our clients.
AUS Global Honored with “Best Forex Broker IB Program” Award at Smart Vision Forex Traders Summit Dubai 2024
AUS Global, a leading global forex broker, is thrilled to announce that it has been awarded the prestigious “Best Forex Broker IB Program” award at the Smart Vision Forex Traders Summit Dubai 2024.
STARTRADER App Upgraded to Elevate Your Trading Journey
We would like to share some good news about our app! We have implemented significant enhancements to elevate your trading journey with it.
Today's Economic Highlight
Market Review | May 23, 2024
【MACRO Insight】Market sending new signals again? What's behind the simultaneous rise of gold, silver, and copper?
Rising metal prices take center stage as gold, silver, and copper hit new highs. Traders need to reassess rising inflation and global economic impacts. Increased global macroeconomic activity and metal demand are driving the price surge. With inflation remaining strong and rate-cut expectations delayed, investors are turning to precious metals. Global central banks' significant demand for gold, solar panels' demand for silver, and renewable energy and electric vehicles' demand for copper are all
Today's Financial Updates
Market Review | May 22, 2024
Forex Trading: Best Way to Make Money at Home in 2024
Start Making Money in 2024 as a Forex Trader In 2024, the potential for Forex trading as a home-based business is greater than ever, especially with platforms like Giraffe Markets. With over five years of presence in different financial markets, Giraffe Markets provides superior execution and trading conditions with access to 290+ instruments across six asset classes. To explore your opportunities in Forex trading, create a demo account today with Giraffe Markets.
Market Digested the Federal Reserve Officials' Statement The US dollar rebounded from its low position, gold hit a new high and fell back to consoildate
On Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strongOn Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strong
Dollar Rebound on Fed's Hawkish Tone
In yesterday's market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement, with fresh data indicating that the property sector in China remains a significant concern.
Today's Economic News
Market Review | May 21, 2024
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