During the Asian session on Wednesday (July 5), spot gold oscillated in a narrow range near its near one-week high and is currently trading near $1,924.30 per ounce.
On Tuesday, the market traded relatively lightly due to the U.S. Independence Day holiday. Spot gold moved higher for the second consecutive session this week, closing up 0.24% at $1,926 per ounce.
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ATFX has announced its acquisition of Rakuten Securities Australia Pty Ltd ("RSA"), a subsidiary of Rakuten Securities, Inc.
In a recent appearance on CNBC Arabia, Hani Abuagla, the Chief Market Analyst at AUS Global, provided a comprehensive analysis of the tech companies’ investments in the Indian market. With a keen focus on industry giants like Amazon and Micron Semiconductors, Hani shed light on the growing significance of the Indian tech sector and its implications for global investors.
In a recent appearance on CNBC Arabia, Hani Abuagla, the Chief Market Analyst at AUS Global, provided a comprehensive analysis of the tech companies’ investments in the Indian market. With a keen focus on industry giants like Amazon and Micron Semiconductors, Hani shed light on the growing significance of the Indian tech sector and its implications for global investors.
WCG Markets:2023-07-05
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The first Friday of the month brings with it the monthly non-farm payrolls, a defining economic report for the US. While inflation data may currently be trumping the employment numbers in importance, there is always widespread excitement about the jobs release.
Wall Street re-shuffles following Fed’s capitulation. Will the AI hype take a breather with earnings season kicking off on Wall Street?
If you're interested in forex trading, it's crucial to learn the basics of forex liquidity. Understanding liquidity in the foreign exchange market is essential for traders to make informed decisions and navigate the market effectively.
Spot gold was narrowly oscillating during the Asian session on Tuesday (July 4) and is currently trading at $1,923.82 per ounce. Because it coincides with the U.S. Independence Day holiday, market trading is relatively light. In addition, although the U.S. ISM manufacturing PMI data out on Monday performed poorly
On Monday, spot gold shocked higher, before the U.S. market with a huge influx of buying orders began to pull up sharply, and in the less-than-expected U.S. manufacturing PMI data released continued to rise, the highest intraday touch 1931.02
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U.S. stock indexes opened on a positive note as the latest PCE data indicated a decrease in inflation, easing concerns about potential interest rate hikes.
Inflation and interest rates have been dominating financial news for months and causing currency traders to overthink their strategies. For some countries, inflation has been a runaway train since the lockdown years, but there are signs that some economies are taking back control, despite persistent whispers of an imminent global recession.
Global markets portray the typical pre-data inaction as traders prepare for the top-tier inflation clues from Europe and the US. Adding chains to the momentum are mixed concerns about China and fears of Japan's intervention.
During the evening trading session on Thursday, U.S. stock futures exhibited a varied performance, following a predominantly positive session for major benchmark averages.
A stock dividend is a regular payment you receive simply for owning shares of a certain company. In a way, it’s like earning cash for doing almost nothing, but like most aspects of money and investing, it’s more complicated than that.