On Monday, U.S. stock indices pulled back from their peak levels, with the Dow Jones Industrial Average decreasing by 274 points (-0.71%) to 38,380, the S&P 500 dropping 15 points (-0.32%) to 4,942, and the Nasdaq 100 declining 29 points (-0.17%) to 17,613.
On Thursday, the US Dollar Index reversed its gains under the pressure of a rising British pound, falling back to near the 103 level, close to the level before the Federal Reserve's interest rate decision announced on Wednesday, ultimately closing down 0.446% at 103.06. As concerns about a resurgence of the banking crisis offset the cooling expectations for interest rate cuts, the yield on 10-year US Treasury notes fell below the 3.9% mark, ultimately closing at 3.882%, setting a new low since t
The expectation of the Federal Reserve's interest rate cut in March has further faded US bond yields have risen significantly, while the US dollar has risen strongly
The 2024 Trading Influence Awards, hosted in the illustrious city of Dubai, marked a night of celebration for the global trading community, with CWG Markets standing out by winning the prestigious "Best Online Trading Service Award."
Nvidia (NVDA) gained 4.79% to $693.32, marking a third consecutive record close. Goldman Sachs raised its price target on the stock to $800. Tesla (TSLA) fell 3.65% to $181.06, the lowest close since May 2023. ON Semiconductor (ON) jumped 9.54% as fourth-quarter results exceeded market expectations.
A small gesture of appreciation from a sincere heart. In gratitude for the trust and support from our valued customers and partners, AUS GLOBAL is delighted to host the "Everlasting Love" event this Valentine's Day.
WCG Markets:2024-02-06
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
On Thursday, the US Dollar Index reversed its upward trend under pressure from the strengthening British Pound, falling near the 103 level. This was close to the level before the Federal Reserve announced its interest rate decision on Wednesday, ultimately closing down by 0.446% at 103.06. Concerns about a potential banking crisis offset the cooling effect of reduced rate cut expectations, causing the 10-year US Treasury yield to break below the 3.9% level, closing at 3.882%, marking a new low f
On Friday, U.S. stocks surged to record highs despite the stronger-than-expected jobs data, which tempered expectations of a rate cut. The Dow Jones Industrial Average rose by 134 points (0.35%) to 38,654, the S&P 500 gained 52 points (1.07%) to 4,958, and the Nasdaq 100 jumped 298 points (1.72%) to 17,642. This marked the fourth consecutive week of gains for all three major indexes.
January US non-farm data exceeded expectations The expectation of the Federal Reserve's interest rate cut has been weakened, and the US dollar has risen comprehensively
Navigate Today's Market Landscape with Expert Views on Stocks, Forex, and Technical Analysis
WCG Markets:2024-02-05
The price of gold (XAU/USD) continues its sideways movement, remaining close to a one-month high reached recently. Traders are cautious and awaiting the release of US monthly employment data for insights into the Federal Reserve's policy direction, which could impact the non-yielding yellow metal. Ongoing talks of an Israel-Hamas ceasefire and positive global equity market sentiment act as challenges for gold.
On Thursday, the U.S. dollar index dropped by 0.4% to 103.06. EUR/USD rose by 53 pips to 1.0871, influenced by the Eurozone's expected slowdown in inflation to 2.8% in January, while the jobless rate remained steady at 6.4% in December, meeting expectations. GBP/USD increased by 55 pips to 1.2743, in line with the Bank of England's decision to maintain the key interest rate at 5.25%. USD/JPY declined by 52 pips to 146.42, and AUD/USD remained relatively stable at 0.6571. USD/CHF decreased by 35
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly.
The long-term US Treasury bond yields have declined, causing the US dollar to drop yesterday While the Yellow prices surged to a near one-month high
We are pleased to announce that STARTRADER will launch new products of Cryptos on February 5th, 2024 to provide clients with a broader portfolio of products.