Market Awaits for Crucial NFP
All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve's rate cut decision this year.
Today's Economic News
Market Review | June 7, 2024
【MACRO Alert】"Little Non-farm" Hits New Low for the Year, But Market Expectations for Rate Cuts Remain Stable!
The US ADP employment report (known as "Little Non-farm") was released on Wednesday, showing a slowdown in job growth in May, mainly due to a sharp decline in manufacturing and weak hiring in the leisure and hospitality industries. The number of jobs added in May was 152,000, the lowest since January this year, below the expected 175,000, and down from 188,000 (initially reported as 192,000) in April.
📌Good news! June promotions
promotions From June 1-10, 2024 Limited availability!!
The global central bank's "interest rate cut trend" is surging Gold rebonded strongly
On Wednesday (June 5th), due to the largest increase in the US corporate activity index in three years, the US dollar index fluctuated and strengthened
Follow our Master works on:
#ClovergateSocialtrading
FP Markets Wins ‘Best Trading Experience – Africa’ at FAME Awards 2024
FP Markets continues to solidify its position as a leading force in the Forex and CFDs industry, having recently been awarded ‘Best Trading Experience – Africa’ at this year’s Financial Achievements in Markets Excellency (FAME) Awards. This follows their ‘Best CFD Broker in Africa’ recognition at the 2023 FAME Awards, cementing the broker’s strategic geographical expansion.
Dollar Hammers by Soft U.S. Job Data
The dollar tumbled to its lowest level in two months following the disappointing job data, which reinforced bets on a Federal Reserve rate cut.
Economic News Today
Market Review | June 6, 2024
Permium account CASH BACK
Permium account cash back infromation + MT5 Trading account types in Otetmarkets
【MACRO Insight】Currency Defense and Auto Industry Fraud! Dual Challenges for the Japanese Government!
The Japanese government's intervention in the currency market has been officially confirmed as effective. Finance Minister Shunichi Suzuki stated that the government's market intervention to stabilize the yen exchange rate has had some success. Although the specific number of interventions has not been disclosed, data shows that the Japanese government has intervened twice in a month, spending a total of 9.8 trillion yen, exceeding the 2022 annual intervention expenditure. This suggests that Jap
Oil Plummet on U.S. Crude Inventory Surge
Oil prices experienced their steepest decline of 2024, dropping over 5%, following the release of the American Petroleum Institute (API) weekly crude data, which revealed an unexpected inventory build-up exceeding 4 million barrels. This surprise data, coupled with OPEC+'s decision to increase oil supply in the fourth quarter, exerted significant downward pressure on prices.
Today's Market Pulse
Market Review | June 5, 2024
Today's Market Insights
Market Review | June 5, 2024
Today's Financial News
Market Review | June 5, 2024
Just2Trade Awarded Best Multi-Asset Broker 2024
Just2Trade Awarded Best Multi-Asset Broker 2024
【MACRO Alert】OPEC+ Production Cuts Trigger Oil Price Plunge! U.S. Fuel Consumption Data Becomes New Focus!
On June 2, the OPEC+ meeting announced the extension of the "collective production cut measures" (200,000 barrels per day) until the end of 2025. The "compensatory production cut measures" (approximately 1.65 million barrels per day) will also be extended until the end of December 2025. At the same time, the "voluntary production cut measures" (2.20 million barrels per day) announced in November 2023 will be extended until the end of September 2024. There are plans to gradually phase out the vol
How to Know When to Sell a Stock for a Profit - or a Loss
By opening an account with Giraffe Markets, you can make well-timed decisions that optimize your investment outcomes. We provide all the tools, platforms and informative materials for you to succeed in the stock trading market. Remember, the key to successful investing is not just knowing when to buy, but also when to sell.
The Upgrade is Not Just Superficial, DBG Markets Official System 2.0 is Officially Released!
Recently, DBG Markets has upgraded its system comprehensively, and both its official website and customer management system have been updated to version 2.0. This upgrade not only has a brand new visual effect, but also has comprehensively optimized the functional layout and user experience, aiming to provide every user with a more efficient and convenient trading environment.
Soft PMI Reading Hammers Dollar Lower
The U.S. dollar remained on a downward trajectory following the release of yesterday's PMI readings, which fell short of market expectations.
Aktuelle Nachrichten
Stellar (XLM): +110 % Kurschance？ Jetzt könnte es knallen!
WikiFXSolana-Crash beendet？ Diese Zahlen machen Hoffnung!
WikiFXTraum vom Krypto-Staat auf Grönland: Was Tech-Mogule aus den USA mit Trumps Expansionsplänen zu tun haben
WikiFXInternes Treffen der VW-Bosse: Darüber sprechen die Auto-Manager
WikiFXElon Musk sorgt mit Statistik Asylstatistik für Kritik – Experte ordnet die Zahlen ein
WikiFXErstmals seit 10 Jahren sind wieder drei Millionen Menschen arbeitslos – warum der Arbeitsmarkt dennoch erstaunlich stabil ist
WikiFX„An oberster Stelle steht finanzielle Robustheit: Das sind laut internem Papier die neuen Konzern-Prioritäten von VW-Chef Oliver Blume
WikiFXSchlechte Zahlen bei Audi: Müssen Mitarbeiter auf die versprochene Gehaltserhöhung verzichten？
WikiFXGemini: Hacker aus China, Iran und Nordkorea nutzen Googles KI, um ihre Produktivität zu steigern
WikiFXMilliardär Reinhold Würth lobt die CDU unter Friedrich Merz und hofft auf Donald Trumps Vernunft
WikiFX