Abstract:Let's take you through the market briefing for 1st day of February 2023
Let's take you through the market briefing for 1st day of February 2023
Asian Markets
Asian stocks are trending higher as investors brace for the Fed's rate hike decision
European Markets
European shares headed for a higher open as markets await the Fed's latest interest rate decision
US Pre-Open Markets
US stocks are looking higher as traders await the Federal Reserve's latest rate hike decision.
Commodities
Oil rose as fears of a US recession eased and the dollar slipped
U.S. Treasury Yield
Treasury yields declined as the Fed meeting began
Major Currency Pairs
Dollar Rises Overshadowed Fed Policy Meeting
The price of currency directly impacts investor returns. Understanding the underlying causes of currency fluctuations can help investors make more informed decisions in the foreign exchange market.
AvaTrade launches enhanced automated trading solutions, featuring AvaSocial and DupliTrade for seamless, emotion-free trading. Explore cutting-edge tools today!
T4Trade empowers traders with advanced tools like trading calculators, Trading Central features, and an economic calendar for 2025.
NAGA introduces CryptoX, a new crypto trading feature with zero overnight fees, 24/7 access, and copy trading. Trade Bitcoin, Ethereum & more!