OPEC production cuts to boost future inflation
Recall that Energy prices across the globe surged last year when Russia invaded Ukraine, fueling global inflation just as the world’s major economies were beginning to rebalance after the pandemic.
EUR/USD ADVANCES, RECLAIMING 1.0950 ON US DOLLAR WEAKNESS, DESPITE HAWKISH FED COMMENTS
EUR/USD found support around 1.0940 and rose toward the 1.0970 area during a quiet American session. The US Dollar is falling after a two-day rally, amid a decline in the 10-year Treasury Yields and a mixed performance in US stock markets. Hence, the EUR/USD is trading at 1.0961 after hitting a low of 1.0920.
Wealth Secrets 101: How to Build Wealth in Your 20s for a Richer 30s?
Let’s say you’re in your 20s, fresh out of college, and ready to face the world head on! But when it comes to your finances, you may feel as if you are barely keeping afloat. Even so, what if I told you that you can build wealth now, even in your 20s? Yes, you read that right! With the right mindset and savvy wealth secrets, you can start building a solid financial foundation in your 20s that will pay off in your 30s and beyond!
BoE to raise rates once more in May but decision a close call
The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate lift in May, according to a Reuters poll of economists who said the bigger risk was inflation being higher than they expect.
Bittrex Charged for Operating an Unregistered Exchange, Broker, and Clearing Agency
On Monday, the U.S. Securities and Exchange Commission (SEC) charged another cryptocurrency exchange, accusing the trading platform Bittrex of operating “an unregistered national securities exchange, broker, and clearing agency.” Since 2014, Bittrex allegedly sold crypto assets that were “offered and sold as securities.” The SEC’s complaint was filed in the U.S. District Court for the Western District of Washington.
GEMFOREX - weekly analysis
Top 5 things to watch in markets in the week ahead
04/18 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM European Market
On Tuesday (April 18), during the Asian session, Spot gold oscillated slightly higher and is currently trading around $2001.46 per ounce. The latest economic data from China was generally better than expected, depressing safe-haven buying demand for the dollar; a slight pullback in the dollar helped gold prices rebound. However, the market consensus on the Fed's expected rate hike in May is expected to limit the dollar's retracement space, and U.S. bond yields are holding at multi-week highs, wh
MHMarkets ：MHM Today News
On Monday, spot gold rose and then fell, reaching a high of 2015.13 during the day, encountered two large single smash during the day, once close to the 1980 mark, the end of the decline has narrowed, and finally closed down 0.39% at $1995.18 per ounce. Spot silver once fell more than 2%, then recovered some of the lost ground, narrowly above the 25 mark, and finally closed down 1.14% at $25.04 per ounce.
WCG Markets:2023-04-18
WCG Markets:2023-04-18
How does the Stock Market Volatility Impact Forex Trading?
While the Stock market and the Forex market are two of the most significant components of the global financial system, interestingly, both are closely interconnected. It is no secret that stock market volatility can affect various aspects of the economy, but how does it affect Forex trading? Join us on this journey to learn how volatility in the stock market affects Forex trading and what forex traders can do to mitigate risks and seize opportunities!
How to Learn Finance: An Insider's Guide to Money Management
Money management is an essential skill that benefits you throughout your life – but not everyone is good at it. A decision to learn finance will pay off in many ways, including banking, budgeting, saving, credit, debt, and investing. If you are wondering how to improve your financial acumen? What are the key concepts of money management that are essential for prosperity? And what’s the best source of advice? This article helps you make sense of the financial world!
MHMarkets ：MHM European Market
On Monday (April 17), spot gold oscillated slightly up during the Asian session and is currently trading around $2006.32 per ounce. The dollar index rally was blocked at the 10-day SMA, giving gold prices the opportunity to rebound; gold prices plunged on Friday, the short term technical surface also exists oversold rebound demand. However, the technical surface short term topping signal is strong, and investors also need to beware of gold prices after the shock adjustment of further downside r
MHMarkets ：MHM Today News
On Friday, due to the release of retail sales data after the surge in market bets on the Fed's May rate hike, coupled with the Fed governor put hawk and consumers' recent inflation expectations unexpectedly strong recovery, spot gold from more than a year high plunged more than 50 U.S. dollars, but the end of the small rebound above the 2,000 mark, finally closed down 1.74% at $2004.26 per ounce; spot silver also plunged on the US market high, and finally closed down 1.72% at $25.36 per ounce.
Investment Time Horizon: Why is it important to wealth creation?
Failure to match the investment type with the time frame is one of the most significant mistakes that an investor can make. This is why defining your investment time horizon is of utmost importance!
Bitcoin Trading: What Is a Satoshi and How to Calculate Its Value?
Similar to dollars, a single Bitcoin can be divisible, and the smallest unit is referred to as a Satoshi, named after the anonymous creator of Bitcoin, Satoshi Nakamoto. By using Satoshi, traders can purchase or trade fractional amounts of bitcoin, which facilitates investment in smaller increments.
What time does the forex market open
The foreign exchange market, or forex, is a global decentralized market. Optimal times to trade the forex market are when the market is most active, which is often when the trading hours of major regions overlap.
Two stocks worth following in April
Sometimes it’s easy to get stuck with a small selection of stocks on your watchlist. It actually makes sense. To trade stocks requires research, and trading 20 different stocks at one time is difficult it’s hard to stay current on so many.
Sticky US inflation keeps markets on edge, UK GDP in focus
Traders await the US March inflation report, the Federal Open Market Committee (FOMC) minutes release and the Bank of Canada (BoC) interest rate decision due which was published last week.
Iran seizes foreign vessel carrying smuggled fuel - Tasnim
The IRGC Navy seized a foreign vessel carrying nearly 1.5 million liters of fuel in the Persian Gulf and detained its crew, the IRGC-affiliated Tasnim News Agency reported on Sunday. It is unclear when exactly the vessel was seized.
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