May 16, 2023-MHM European Perspective

Spot gold was narrowly oscillating during the Asian session on Tuesday (May 16) and is currently trading near $2015.11 per ounce. The market is generally waiting for the debt ceiling negotiation between President Biden and Republican House Speaker McCarthy later in the day, and the market is in a wait-and-see mood. Previous concerns about debt default to gold prices to provide safe-haven support, but the current market optimism that the U.S. may reach a debt ceiling agreement has risen, which pu

News 2023-05-16 17:53

May 16, 2023 - Fundamental Reminder

On Monday, spot gold oscillated narrowly and was blocked several times at the $2,020 mark before finally closing up 0.28% at $2,016.44 per ounce. Spot silver moved in the same direction as gold, eventually closing up 0.52% at $24.09 per ounce.

News 2023-05-16 16:56

USDCHF analysis for 15.05.2023

The USDCHF currency pair has recently experienced a bearish wave, with the price line displaying a consistent downward trajectory. As the price approaches a key support zone, traders and investors are closely observing this area for potential opportunities.

News 2023-05-16 14:45

US stocks finish in the green on weak data and regional bank short squeeze

Major US indices finished broadly higher after weak Empire State manufacturing figures fed into the “bad news is good news” for equities narrative, and a surge higher in regional bank stocks allayed fears of further crises in that sector in the short term. The Russell 2000, being the home of most of these mid-sized banks outperformed, finishing up 1.19%, KRE (the regional banking ETF) rose 3.16% on the day.

News 2023-05-16 14:27

US INFLATION EXPECTATIONS SOAR TO 12-YEAR HIGHS

The US Dollar starts the new week on a softer footing for now following a solid rally late last week which saw the Dollar Index breaking out to its highest levels in over a month. The move was driven in part by comments from various Fed members pushing back against the idea of rate cuts coming later this year.

News 2023-05-16 14:23

05/16 Market report

【Dow Jones】 【Euro】 【Gold】 【Crude Oil】

Review 2023-05-16 14:20

US Debt Ceiling Situation And The Impact It Could Have On Gold Prices

The US Debt Ceiling situation continues to drag on, in this article we will briefly discuss the implications on the market if the US does default for the first time in history, and how that could affect the price of Gold.

News 2023-05-16 14:18

Hammer candlestick pattern: a strategy guide

In the 16th century, in England, there was a law that required every homeowner to own a hammer. With this law in place, in case of a fire, every citizen had the necessary tools to help put out the flames. Imagine if every trader had to use a hammer strategy in case of market fluctuations.

News 2023-05-16 14:11

ECB reveals it may have to bloom

The European Central Bank says a rate hike may take longer than expected.

News 2023-05-16 14:08

AUS GLOBAL won the Trading.Live Best Trading Environment Award

2023 The first Trading.Live Trading Impact Awards Ceremony was grandly held on May 14 in Kuala Lumpur, Malaysia. At this conference, AUS GLOBAL won the 2023 Trading.Live "Best Trading Environment Award".

News 2023-05-16 14:07

GEMFOREX - weekly analysis

Top 5 things to watch in markets in the week ahead

Review 2023-05-15 23:22

May 15, 2023-MHM European Perspective

Spot gold rose slightly during the Asian session on Monday (May 15) and is currently trading near $2016 per ounce. Fears of a U.S. debt default and worries about a global recession are providing safe-haven support to gold prices.

News 2023-05-15 18:02

May 15, 2023 - Fundamental Reminder

Last Friday, spot gold fell first and then rose, narrowly holding the $2000 mark; However, during the US trading session, there was a slight rebound and it briefly reached the 2020 level, ultimately closing 0.2% lower, ending two weeks of continuous gains and closing at $2010.86 per ounce. Spot silv

News 2023-05-15 17:34

FP Markets crowned ‘Best CFD Broker in Africa’ at FAME Awards 2023

FP Markets receives the prestigious accolade of ‘Best CFD Broker in Africa’ at the FAME Awards 2023, part of the Finance Magnates Africa Summit (FMAS23).

News 2023-05-15 16:48

Forex Correlations: How Stocks, Gold, Oil, and Bonds Influence Forex Rates

Successful forex trading isn’t just about analyzing multiple currency pairs and correlations. It’s important to think beyond and broaden your focus on intermarket forex correlations like how commodities like Gold, Crude oil, Bonds, and Equities markets affect the forex market. Join me as I cover three crucial forex correlations and how you can leverage them to your advantage in forex trading!

Activity 2023-05-15 15:27

Which Emerging Currencies Have Shown The Most Growth In 2023?

Emerging market currencies have been in the spotlight since 2023, with many investors optimistic that this year could bring some relief after a rough 2022. According to a survey of 40 foreign exchange strategists, emerging currencies are expected to drift higher in the coming months thanks to improved global growth prospects in 2023.

Activity 2023-05-15 15:21

AUS GROUP Won The 2022 Most Valuable Brand Award On The NASDAQ Billboard

On January 22, 2023 at 8:00 a.m, local time in the United States, AUS GROUP successfully landed on the NASDAQ Billboard in Times Square, New York, and played more than 200 times throughout the day. We are also honored to receive the 2022 Most Valuable Brand Award, and celebrate the joy of the Group’s 20th anniversary with global investors in advance!

News 2023-05-15 13:46

05/15 Market report

【Dow Jones】 【Euro】 【Gold】 【Crude Oil】

Review 2023-05-15 11:10

Weekly News 2023/05/08-2023/05/12

Index / Stocks / Crypto / Metals / Commodity & Futures / Forex

News 2023-05-14 14:58

Global multi-asset broker HFM has announced enhanced trading conditions

As another affirmation of its industry-leading position, the award-winning broker has revamped its trading conditions and presented a refreshed website.

News 2023-05-12 22:15