【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
☆ 15:00 The UK announced the monthly GDP rate in October, the monthly manufacturing output rate in October, the quarterly adjusted commodity trade account in October, and the monthly industrial output rate in October. ☆ EU sources said that EU foreign ministers planned to approve new sanctions against Russia and Iran at the meeting on December 12.
Traders should know that only several times for traders should buy forex because there are certain times they don't buy forex, that traders should know it.
On Friday, December 9, Beijing time, during the Asian and European session, spot gold shocks up, and is currently trading near $ 1795 per ounce. Market concerns about the lingering U.S. recession dragged the dollar down, approaching support for more than five-month lows, providing support for gold prices. Market expectations that the Federal Reserve will slow down some of its interest rate hikes also helped the bulls. However ……
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Everyone who wants to join a business must want to succeed. As well as joining this business forex, traders must want to be successful.
European stock markets are expected to trade mixed on Thursday, with investors concerned about the state of the global economy ahead of a key central bank meeting next week.
EUROPEAN EQUITIES HEAD FOR THE FOURTH CONSECUTIVE NEGATIVE DAY AHEAD OF THE US OPENING BELL; INVESTORS SHIFT INTO WAIT-AND-SEE MODE AHEAD OF THE NEXT CRUCIAL WEEK; THE BOC RAISED INTEREST RATE AS EXPECTED.
The following is a brief review of the day's events as reported.
The global economy is teetering on a cliff’s edge, as market indicators are flashing warning signals that we are heading toward a recession sooner than expected. An updated report by Ned Davis reveals some sobering historical context, showing that a global recession is 98% likely. The harsh reality is that every single person will suffer from the effects of a recession, and you can already feel the inflationary pressure as interest rates and consumer prices rise globally.
☆ 09:30 China publishes annual rate of CPI for November. ☆ 21:30 U.S. publishes annual rate and month rate of PPI for November. ☆23:00 U.S. releases one-year inflation rate expectations for December and preliminary of University of Michigan Consumer Confidence Index for December. ☆ The following day 02:00 U.S. releases total number of oil wells drilled for the week to Dec. 9. ☆ Next day 04:30 U.S. Commodity Futures Trading Commission publishes its weekly COT Report.
When you join the forex business, you should know that this forex is fully analyzed and strategy, so traders should know about open positions and golden entry trip.
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your trades in accordance with changing market conditions?
On Thursday, December 8, Beijing time, during the Asian and European session, spot gold shocks slightly down, and is currently trading at $ 1783.55 per ounce; the dollar index rebounded slightly so that gold prices retracted some of the overnight gains.
On Wednesday, December 7, the dollar index fell slightly, once down 0.7% and lost the 105 barrier, closing down 0.37% at 105.18. The euro lost 1.05 against the dollar, the pound rose against the dollar to 1.22, the dollar fell below the 137 barrier against the yen.
The US dollar index or popularly called as the DXY experienced a very rapid recovery in the New York session last night. What is the cause that triggers this situation.
Let's take you to a brief key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, Gold, and S&P 500.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
This business needs to communicate with each other very well and the terms that it should use to speak so they should know about forex trading acronym to communicate smoothly.
On Wednesday, December 7, Beijing time, during the Asian and European trading sessions, spot gold shock is slightly up and is currently trading at $ 1773.78 per ounce. Geopolitical tensions, global recession fears linger, buy-low and safe-haven buying to gold prices to provide support, but the dollar index rally this week to make the bulls have concerns, and technical aspects also appeared some top divergence signal, so investors need to beware of gold prices of further retracement risk.