U.S. Stocks: Rally driven by Fed's rate cut hint, Dow Jones hits record close of 37,557. Nasdaq 100 and S&P 500: Record closes, strong sector gains in automobiles, energy, and consumer durables. Key Stock Movements: Tesla, Meta, Alphabet, Apple, Affirm Holdings, Block Inc, PayPal, Bitcoin-related stocks. U.S. Economic Data: Building permits and housing starts, European market closes. Oil Prices: Firm amid Red Sea trade disruptions, U.S. WTI at $74.07 a barrel. Gold: Price increase to $2,040 an o
CWG MARKETS Holiday Trading Schedule
WCG Markets:2023-12-20
The emergence of potential rate cuts in 2024 is instilling greater investor confidence, leading to new record highs for equity indices and a decrease in Treasury yields. Recent indications from Wall Street are further reinforcing the belief that the economy is heading for a gentle landing in 2024. This anticipated scenario involves a gradual slowdown facilitated by strategic adjustments in monetary policy.
Options trading, once exclusively associated with financial professionals, has emerged as a popular choice among individual investors in India. This article endeavors to unravel the complexities of options trading, shedding light on its basic principles, strategies, as well as the risks and rewards involved. Irrespective of your expertise level, comprehending the dynamics of options trading in India holds paramount importance in making well-informed financial choices.
European stock markets experienced slight gains on Tuesday as investors eagerly anticipated the unveiling of the most recent eurozone inflation figures. This buoyed market participants who were gradually reducing their positions ahead of the upcoming Christmas holidays.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
At the end of the Asian market on Tuesday (December 19), several Fed officials stated on Monday that the market's bet on early interest rate cuts in 2024 was a bit ahead of schedule.
On Monday, U.S. bond yields fell and then rose, with the 10-year U.S. yield dropping to a five-month low of 3.890% during the session before pulling up sharply before the U.S. market to close at 3.935%; the two-year U.S. yield, which is more sensitive to Fed policy rates, closed at 4.450%.
Silver aims to extend its intraday upward momentum past the $24.00 level.
US stocks look set to grind cautiously higher towards the end of 2023 on Fed rate cut hopes. Nio enters a deal to get $2.2 billion in cash from CYVN Holdings.
Absorption in the financial markets is a key concept that helps traders understand market dynamics and depth. This article will explain what absorption is, delve into how it works in trading, answer common questions about absorption, and highlight how Skilling's platform can be utilized in this context.
Comprehensive Insights into Global Markets and Trading Strategies
WCG Markets:2023-12-19
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【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
Last Friday, the dollar index in the U.S. trading session rose sharply, because the Fed Williams hawk hit the market optimistic rate cut expectations. It finally closed up 0.63% at 102.59, but still hit a month of the worst weekly performance. 10-year U.S. bond yields rose to 3.973% of the day's highs, and ultimately closed at 3.915%; on the Fed's policy rate is more sensitive to the two-year U.S. bond yields closed at 4.449%.
The US dollar hit bottom and rebounded in the short term, but there is heavy resistance above, and the general direction is still bearish
At the end of the Asian market on Monday (December 18), Chicago Federal Reserve Bank President Goolsbee stated last Sunday that it was too early to announce the Fed's victory in fighting inflation, and the decision to cut interest rates would be based on upcoming economic data.