Beat the street: US shares look set to chug higher; Nio soars; IBM; Yen ahead of BoJ
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 trading: understanding its dynamics and FAQs
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.
Daily Market Newsletter - December 19, 2023
Comprehensive Insights into Global Markets and Trading Strategies
WCG Markets:2023-12-19
WCG Markets:2023-12-19
Pioneering the next chapter: welcome to Land Prime
Land-FX has transformed into Land Prime!
12/18 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Weekly News 2023/12/11-2023/12/15
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
MHMarkets：December 18, 2023,--Fundamental Reminder
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
The US dollar hit bottom and rebounded in the short term, but there is heavy resistance above, and the general direction is still bearish
Goolsbee unleashes hawkish rhetoric and the Fed's victory against inflation is too early.Goolsbee unleashes hawkish rhetoric and the Fed's victory against inflation is too early.
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.
MHMarkets：December 18, 2023,--Fundamental Reminder
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%.
Daily Market Update - December 18, 2023
Global Insights and Key Forex Strategies Amidst Market Fluctuations
Will markets continue the early Santa Clause Rally?
During Friday morning, there was an optimistic inclination observed in global equity markets, commodities, and crypto pairs. Additionally, the US stock market delivered yet another bullish performance on Thursday. What could be attributed to the factors that caused Wall Street to experience an early rally, as if Santa Claus were responsible?
What makes a stock market bubble and are we in one?
Stock markets exhibit cyclical behavior, fluctuating between bear and bull markets. These cycles generally span several years, although the transition from one to the other can occur rapidly. This is exactly what the well-known market adage "taking the stairs up and the elevator down" signifies.
GBP/USD steadily climbs back closer to 1.2700 mark amid subdued USD price action
The GBP/USD pair attracts some dip-buying around the 1.2655 area during the Asian session on Monday and for now, seems to have stalled its retracement slide from the vicinity of the 1.2800 mark, or a near four-month peak touched last week. Spot prices climb to a fresh daily high, around the 1.2685 region in the last hour and draw support from a combination of factors.
Uber will join S&P 500 ???? Will it react to well known Wall Street 'phenomenon'?
After several months of stock market rollercoaster on Uber's shares, the company's shares has managed to rise this year, up nearly 150%, making its return comparable to Bitcoin. Now, Uber is at a turning point. Recently, it managed to reach profitability, and now the company faces a great opportunity. On December 18, this year, Uber will join the 'elite' group of companies listed on the largest U.S. index, the S&P 500, where it will replace Sealed Air Corp.
Asian markets cautious ahead of US CPI; China’s SSE Composite dips amid lower inflation
Asian stock markets are presenting a diverse performance as investors exhibit caution in anticipation of the upcoming US Consumer Price Index (CPI) data. This significant economic indicator is poised to reveal vital insights into inflationary trends in the United States, with the annual CPI expected to slightly decrease to 3.1% from 3.2%. In comparison, the Core CPI is projected to stay stable at 4.0%. These figures are crucial for gauging inflationary pressures in the U.S., and the global investment community highly anticipates their release.
6 key behaviors for traders when selecting stocks
Traders in the financial markets have so much to consider when choosing an asset and direction. With the world economy complicating forex more than usual right now, many might prefer the straightforward research of stock trading.
WCG Markets:2023-12-18
WCG Markets:2023-12-18
AUS Global and Real Betis Balompie Host Live Experience on Matchday Against Real Madrid
AUS Global, was recently went on a remarkable trip to Spain to celebrate its sponsorship with Real Betis. The company was treated to an unforgettable matchday experience, including a VIP viewing of the thrilling Real Betis vs. Real Madrid game
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