We are pleased to announce that STARTRADER will launch new products on March 18th, 2024 to provide clients with a broader portfolio of products.
A Recap of Thursday's Market Trends and Notable Performances
On Thursday, due to the U.S. February PPI growth rate significantly exceeding economists' consensus, recording the largest increase since August last year, the U.S. dollar index sharply rose, returning to above the 103 mark, eventually closing up 0.542% at 103.37. U.S. Treasury yields started low but moved higher, with the benchmark 10-year Treasury yield closing at 4.2922%, and the 2-year Treasury yield, most sensitive to Federal Reserve policy rates, closing at 4.6935%.
BC Financial Group extends its corporate social responsibility efforts to Khao Kam Phaeng School, donating essential educational supplies to 357 students.
WCG Markets:2024-03-15
In the forex market, the U.S. dollar showed a lack of momentum, slipping to 102.82 on the dollar index, while the Euro and the British pound made modest gains against it, buoyed by mixed economic reports from their respective regions.
Market digestion of US CPI data, US dollar fell yesterday Gold price rose up and waiting for the data release
Key Insights and Intraday Trading Strategies for Global Markets
The Dollar Index retreated from resistance levels, as market participants applied profit-taking strategies ahead of crucial events. With attention shifting towards the pivotal Producer Price Index (PPI) and retail sales figures, investors seek insights into the economy's trajectory and potential interest rate adjustments by the Federal Reserve.
Please note that the following changes will be effective from March 10, 2024.
On Wednesday, the US Dollar Index surged before falling, dropping below the 103 mark, closing down 0.119% at 102.81. US Treasury yields rebounded, with the benchmark 10-year Treasury yield closing at 4.1879% and the 2-year Treasury yield, most sensitive to Fed policy rates, closing at 4.6324%.
WCG Markets:2024-03-14
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
In the recent forex market movements, the U.S. dollar saw a slight increase against major currencies, bringing the dollar index to 102.93. Noteworthy was the EUR/USD pair, which slightly decreased by 4 pips to 1.0922, while the USD/JPY pair experienced a rise of 73 pips to 147.67.
Explore global tax reforms and the impact of tax evasion with leading experts in a webinar collaboration between EBC and Oxford's Department of Economics.
US CPI data hits expectations of rapid interest rate cuts, causing a slight increase in the US dollar The gold prices rose back about $30
EBC Financial Group partners with WAGGGS to signify its dedication to fostering CSR for female empowerment through education and sustainable development.
In the heart of the desert, where the sand meets speed, AUS GLOBAL embraced a thrilling new chapter as it stepped into the realm of motorsports sponsorship at the Qatar Airways Grand Prix, a marquee event in the MotoGP calendar. The company's foray into the adrenaline-fueled world of motorcycle racing marked a significant milestone, one that resonates with the spirit of innovation and ambition that defines AUS GLOBAL.
On Tuesday, following the release of higher-than-expected U.S. CPI data for February, the U.S. Dollar Index sharply rose during the U.S. session, breaking through the 103 level at its peak, and finally closed up 0.082% at 102.93. U.S. Treasury yields started low but moved higher, with the benchmark 10-year U.S. Treasury yield closing at 4.1507%, and the 2-year yield, most sensitive to Fed policy rates, closing at 4.5842%.
Daily Market Wrap: Stocks Rebound, Tech Shines, Bitcoin Swings