AUS Global Honored with “Best Forex Broker IB Program” Award at Smart Vision Forex Traders Summit Dubai 2024
AUS Global, a leading global forex broker, is thrilled to announce that it has been awarded the prestigious “Best Forex Broker IB Program” award at the Smart Vision Forex Traders Summit Dubai 2024.
STARTRADER App Upgraded to Elevate Your Trading Journey
We would like to share some good news about our app! We have implemented significant enhancements to elevate your trading journey with it.
Today's Economic Highlight
Market Review | May 23, 2024
【MACRO Insight】Market sending new signals again? What's behind the simultaneous rise of gold, silver, and copper?
Rising metal prices take center stage as gold, silver, and copper hit new highs. Traders need to reassess rising inflation and global economic impacts. Increased global macroeconomic activity and metal demand are driving the price surge. With inflation remaining strong and rate-cut expectations delayed, investors are turning to precious metals. Global central banks' significant demand for gold, solar panels' demand for silver, and renewable energy and electric vehicles' demand for copper are all
Today's Financial Updates
Market Review | May 22, 2024
Forex Trading: Best Way to Make Money at Home in 2024
Start Making Money in 2024 as a Forex Trader In 2024, the potential for Forex trading as a home-based business is greater than ever, especially with platforms like Giraffe Markets. With over five years of presence in different financial markets, Giraffe Markets provides superior execution and trading conditions with access to 290+ instruments across six asset classes. To explore your opportunities in Forex trading, create a demo account today with Giraffe Markets.
Market Digested the Federal Reserve Officials' Statement The US dollar rebounded from its low position, gold hit a new high and fell back to consoildate
On Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strongOn Monday (May 20th), the US dollar index fluctuated and rose, ultimately closing 0.122% higher at 104.62. The yield on US Treasury bonds remained strong
Dollar Rebound on Fed's Hawkish Tone
In yesterday's market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement, with fresh data indicating that the property sector in China remains a significant concern.
Today's Economic News
Market Review | May 21, 2024
Best Forex IB Program in 2024: Become an IB Partner
The Giraffe Markets Introducing Broker program offers a blend of financial rewards, robust support, and cutting-edge marketing tools. Generate your referral link and start seizing opportunities today. Don't miss this chance to accelerate your financial growth and join a community of successful brokers at Giraffe Markets. Let's achieve greatness together—partner with Giraffe Markets today!
【MACRO Alert】Loosening Monetary Policy！Coordination and Gamesmanship between the Fed and Global Central Banks!
The Federal Reserve and other federal regulatory agencies plan to relax capital requirements for large banks, easing the capital burden on the banking industry, which is beneficial for enhancing lending capacity and financial market liquidity, supporting economic activities. However, there is still uncertainty in the market regarding the policy direction of the Federal Reserve, especially with the possibility of rate hikes not ruled out, as indicated by Bauman. While major central banks around
Gold Prices Back to All-time High Territory
geopolitical issues in Eastern Europe and the Middle East have intensified, driving safe-haven gold prices to all-time high levels.
The rise of the US dollar is hindered and fell back. Iranian President crashed Israel's fierce attack on Gaza, market continues to be bullish on the future of gold
Last Friday (May 17th), the US dollar index rose first and then fell. The US stock market wiped out all the gains of the day in late trading and ultimately closed down 0.012% at 104.49.
Today's Economic Highlight
Market review | May 20, 2024
【MACRO Insight】Will precious metals reach new highs again? Silver is showing signs of imminent rise！？
Since the beginning of the year, the prices of gold, silver, and platinum have been continuously rising, with analysts predicting that precious metals may reach historical highs in the coming months. Low inflation in the United States has led to market expectations of a possible interest rate cut by the Federal Reserve, causing a significant increase in precious metal prices on Wednesday. Gold touched a three-week high, while silver and platinum reached three-year and one-year highs respectively
Week Ahead Spotlight: CPIs, Retail Sales, RBNZ Rates!
In March, Canada's consumer price index increased by 0.6% compared to the previous month, surpassing the 0.3% growth seen earlier. In April, the Reserve Bank of New Zealand opted to maintain its official cash rate at 5.5 percent for the sixth consecutive meeting, emphasizing the ongoing need to address inflation fully. In March, the UK Consumer Price Index registered a slower-than-anticipated increase, reaching 3.2% in annual terms, down from the 3.4% rise observed in February. In March, UK...
Eyeing on Today’s Euro CPI
euro traders are awaiting today's CPI reading to gauge the euro's price movement.
Market Watch
Market Review | May 17, 2024
【MACRO Alert】U.S. April CPI fell as expected, with growing market expectations of Fed rate cuts
The United States released the Consumer Price Index (CPI) data for April. The unadjusted CPI for April recorded an annual rate of 3.4%, slightly lower than the previous month's 3.5%, in line with market expectations. The core CPI for April fell to 0.3%, the lowest since December last year. Meanwhile, April's retail sales unexpectedly remained flat at 0%, below market expectations of 0.4%.
Soft CPI Hammers Dollar to Monthly Low
Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus.
Latest News
Geopolitical Events: What They Are & Their Impact?
WikiFXVolkswagen agrees deal to avoid Germany plant closures
WikiFXTop 10 Trading Indicators Every Forex Trader Should Know
WikiFXTradingView Launches Liquidity Analysis Tool DEX Screener
WikiFXMultiBank Group Wins Big at Traders Fair Hong Kong 2024
WikiFXWikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change
WikiFX'Young investors make investment decisions impulsively to keep up with current trends' FCA Reveals
WikiFXWhy Do You Feel Scared During Trade Execution?
WikiFXCySEC Settles Compliance Case with Fxview Operator Charlgate Ltd
WikiFXMalaysian Influencer Detained in Taiwan Over Alleged Role in Fraud Scheme
WikiFX