MHMarkets：Initial jobless claims rise slightly and the market waits for non-farm.
At the end of the Asian market on Friday (December 8), the US Department of Labor reported yesterday evening that as of the week ending December 2, the number of initial jobless claims in the US was 220,000, with an expected 222,000, compared to 218,000 previously.
Maximize Your Profits with Support and Resistance!
In this article, we will delve into how you can harness the power of Support and Resistance levels to enhance your forex trading strategies.
Gold Price Trims Gains, Can This Key Support Hold?
Gold rallied above the $2,000 and $2,050 resistance. It even spiked toward $2,150 before the bears appeared. A high was formed near $2,145 and the price corrected lower.
Exports from China increased for the first time in 6 months
In November, the volume of Chinese exports increased for the first time in six months, and this is due to the active actions of Chinese factories, which began to attract buyers with discounts to cope with the ongoing decline in demand.
12/08 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Crude Oil recovers from five-month low amid mixed concerns
Global market dwindle early Thursday as the US Dollar ignores softer Treasury bond yields and downbeat US employment clues ahead of more US statistics. In doing so, the greenback braces for next week’s FOMC, mainly due to the hawkish comments from US Treasury Secretary Janet Yellen and the recently firming clues about US soft landing.
The Insolvent Cryptocurrency Lending Company Celsius May Use Bitcoin And Ethereum Holdings To Repay
Celsius, a crypto lending company that declared bankruptcy in 2020, may be able to settle its financial obligations through the sale of its increasing BTC and ETH holdings; however, this has caused discontent among some customers.
Market Analysis – USD surges, AUD hit by RBA, Oil and Gold continue decline
USD was bid in Tuesdays session with DXY finding strong support at its 200 Day MA and pushing up to test the big 104 figure before losing steam.
Gold Outlook: Reaching for the sky
The markets were stunned by gold’s rally in Monday’s Asian session. The spike that drove gold’s price to record high levels tended to underscore the wide volatility characterizing its price action and the possibilities for gold traders. Today we are to discuss the fundamentals that underpinned the rally while also having a look at the challenges laid ahead for the precious metal, and we will be concluding this report with a technical analysis of gold’s daily chart.
Market Wrap: Stocks, Bonds, Commodities
U.S. Stocks Rebound, Yen Surges on BoJ Policy Hints
WCG Markets:2023-12-08
WCG Markets:2023-12-08
MHMarkets：Yellen: Market expectations can be a policy complement to the Fed.
At the end of the Asian market on Thursday (December 7), US Treasury Secretary Janet Yellen stated on Wednesday that the bond market's expectations for the Fed's rate hikes or cuts may be a "beneficial supplement" to monetary policy, provided that participants are careful when interpreting the upcoming data.
MHMarkets：December 7, 2023,--Fundamental Reminder
On Wednesday, the ADP report fell short of expectations reconfirming the softening of the job market, U.S. bond yields continued to sink, the 10-year U.S. bond yields close to the 4.1% mark, which was the lowest level since September 1, closing at 4.167%; more sensitive to the Fed's policy rate of two-year U.S. bond yields retracted all of the day's gains during the session, and ultimately closed up slightly higher at 4.597%.
STARTRADER CEO’s Visit to South Asia: A Strategic Move to Strengthen Bonds
Aligned with STARTRADER's commitment to fortifying relationships, CEO Mr. Peter Karsten had a successful visit to a South Asian country from November 17th to 19th. The visit was characterized by meaningful interactions with our esteemed business partners and active participation in three impactful events, thereby reinforcing STARTRADER's foothold in the region.
Private sector employment growth in the United States in November was lower than expected Safe haven demand drives the US dollar up
Private sector employment growth in the United States in November was lower than expected Safe haven demand drives the US dollar up
AUS GLOBAL is launching the "Lucky Card" activity to thank and reward customers on the occasion of New Year
As the New Year approaches, in order to thank and give back our customers and partners for their trust and support in AUS GLOBAL , we sincerely hold the 'Lucky Card' event for our customers and partners. We promise that AUS GLOBAL will continuously improve the trading platform, establish a complete trading system in the future, and provide professional services to all customers and partners with a professional team and expertise.
12/07 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Global Market Insights: Daily Overview for December 7, 2023
An In-Depth Look at Stock, Bond, Commodity, and Forex Markets
WCG Markets:2023-12-07
WCG Markets:2023-12-07
MARKET VISION: GOLD
Gold remained steady at approximately $2,040 per ounce on Tuesday following heightened volatility in the previous session. In that session, the price of gold surged by over 5% to surpass $2,140 before undergoing a dramatic reversal and ultimately closing down by 2% around $2,030.
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