Insights for Today’s Market
Market Review | June 28, 2024
【MACRO Aler】Energy and food issues both face challenges,How to address potential supply crises and price fluctuations?
Brent crude futures prices fell slightly during the Asian trading session, affected by an increase in U.S. crude oil inventories; the rise in U.S. Strategic Petroleum Reserve (SPR) stocks does not affect commercial statistics. At the same time, fighting near the Khartoum refinery in Sudan has affected crude oil exports, and a fire at the Dangote refinery in Nigeria has been controlled and a new unit has been launched. The global tanker fleet faces a risk of supply shortage. The agricultural comp
Japanese Yen Trades to New Low in Decades
The Japanese Yen plummeted to its weakest level since 1986 at 160.87 against the greenback, the currency pair has lost more than 12% this year
Stock Trading Explained: Understanding Long and Short Positions
Investing in the stock market can be a rewarding venture, but it comes with its own set of complexities and learning curves. For beginners, the terms "long" and "short" might seem confusing at first. However, understanding these concepts is crucial for anyone looking to buy and sell stock effectively. This guide will walk you through the essentials of long and short stock positions, providing clarity and confidence in your trading journey.
Today's analysis: USDJPY Forecast Bearish Outlook as Overbought Conditions Signal Potential Decline
USD/JPY has reached unprecedented highs amid strong retail sales data in Japan but faces technical challenges with overbought conditions and potential resistance at recent highs. Fundamental concerns over yen depreciation and its economic impacts may influence future movements, prompting market participants to monitor closely for potential corrections.
Today’s Economic Outlook
Market Review | June 27, 2024
Market Insights Today
Market Review | June 27, 2024
【MACRO Insight】Recent Bloomberg survey warns of high leverage and exchange rate volatility in the Japanese stock market—caution urged for potential central bank market adjustments!
Overall, most economists predict that the Bank of Japan may raise interest rates in July and announce a quantitative tightening plan, while remaining cautious about the risks of high leverage in the stock market and fluctuations in the yen exchange rate. Despite a 12% decline in the yen this year, Japanese officials have only issued verbal warnings, with expectations that they will decide on forex market intervention based on Friday's US PCE price index. Economists and analysts urge investors to
CWG Markets Invites You to Attend the 2024 Paris Olympics!
CWG Markets invites users to attend the 2024 Paris Olympics with a luxurious viewing package, including tickets to the opening ceremony, closing ceremony, and multiple top-tier events. This is an excellent opportunity to experience a top sports extravaganza by winning through trading!
Dollar Strengthen on Upbeat Economic Data
On the back of the upbeat CB Consumer Confidence reading of 100.4, several Fed governors issued hawkish comments on upcoming monetary policy, which ultimately bolstered the dollar's strength. Despite the Fed's hawkish outlook, the U.S. equity market rallied, driven by Nvidia, the AI bellwether company, which rose approximately 7%, fueling gains in the Nasdaq and S&P 500
Market Updates Today
Market Review | June 26, 2024
Today's analysis: XAU/USD Drops as U.S. Bond Yields Rise and Hawkish Fed Comments Emerge
U.S. bond yields rose, and the dollar recovered after hawkish Fed comments, causing gold prices to fall from $2,334. The Fed expects high inflation to persist, delaying rate cuts. Traders await the PCE Price Index. Gold's next support is $2,300, with potential declines to $2,277 and $2,222. Recovery to $2,350 targets resistance at $2,387 and $2,400, but the bearish trend holds below $2,340.10, aiming for $2,272.06.
Market Watch for Today
Market Review | June 26, 2024
Trademax Australia Limited Announces Revocation of Interim Stop Orders
Trademax Australia Limited Announces Revocation of Interim Stop Orders
【MACRO Aler】NVIDIA and computing power assets fluctuate, employment and housing are said to be weak! Yet Yellen remains optimistic about the US economy?
NVIDIA，computing power assets，employment ，housing
The market is concerned about political risks in multiple countries, and the US dollar fell after being hindered from rebounding on Monday Gold rebounded after a sharp drop, with market attention turning to US inflation data
On Monday (June 24th), the US dollar index slightly fell, but remained near a new eight week high, ultimately closing down 0.32% at 105.41
FP Markets Adds Two More Industry Benchmark Awards to Its Collection
Extending its winning streak, global multi-asset Forex and CFD broker, FP Markets, was crowned ‘Most Transparent Broker’ and also took home ‘Best Trading Conditions’ for the second year in a row at the highly anticipated Global Ultimate Fintech (UF) Awards 2024. Following last year’s ‘Most Trusted Broker’ acknowledgement and the ‘Best Trade Execution’ award received in 2022, the FP Markets trophy cabinet now includes five esteemed Global UF Awards.
Gold Edge Higher on Soft Dollar
In the commodity market, gold and oil prices edged higher in the last session mainly due to the easing of the dollar.
The Ultimate Guide to the Buy-and-Hold Strategy in Forex
Investing in forex can be a thrilling journey, but without the right strategies, it can also be a challenging one. One of the most reliable approaches in the forex market is the buy-and-hold strategy. This long-term investment method is favored by both beginners and experienced traders alike. In this blog, we'll delve into the intricacies of the buy-and-hold strategy in forex trading, and how you can leverage it effectively.
Today’s Market Pulse
Market Review | June 25, 2024
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