CPI DATA MOVED THE MARKETS STRONGLY YESTERDAY
Shares in Hong Kong rose 488 points or 2.8% to 17,884 in early trading on Wednesday, reversing Tuesday's weak session and reflecting a rally on Wall Street overnight after weaker US CPI data fueled bets that the Federal Reserve's tightening cycle had peaked.
INTEREST Cycle – Danger or opportunity?
In the current interest cycle in the American market, will we find investment to be a danger or an opportunity? In this article, we will explore the current complex economic landscape, focusing on the debate over the possibility of a “soft landing” amid the Federal Reserve’s aggressive cycle of interest rate hikes.
EUR/USD Price Analysis: Outlook shifts to constructive above 1.0800
EUR/USD strengthens the pace and surpasses the 1.0800 hurdle for the first time since early September.
AUD/NZD Price Prediction: A Significant Increase For Monday, With 1.09 In Site
The AUD/NZD is making substantial efforts on Monday to locate a level of support. From a technical perspective, the Australian dollar is showing signs of recovery following a decline throughout the majority of November. However, as opposing forces grow stronger, the bulls are faced with an increasingly challenging struggle that appears difficult to overcome.
STARTRADER Attains ASIC License, Paving the Way for Strategic Expansion
STARTRADER, one of the world's fastest-growing brokers, proudly announces the successful acquisition of an Australian Securities and Investments Commission (ASIC) license. This achievement not only underscores their dedication to regulatory compliance but also serves as a pivotal milestone in their strategy to expand service offerings and reach a broader clientele.
WCG Markets:2023-11-20
WCG Markets:2023-11-20
11/20 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Weekly News 2023/11/13-2023/11/17
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
The British Pound opened with a slight decline, and OTFX analysts interpret the market dynamics.
The British Pound opened the week with a slight decline, but quickly reversed its course, demonstrating market vibrancy
The Euro continues its persistent downward trend as OTFX analysts offer profound insights.
The market performance of the Euro against the US Dollar during Monday's trading session has drawn widespread attention
CWG Markets MT4 System Upgrade and Maintenance Schedule
To continuously enhance the trading experience and ensure the efficiency and stability of the trading environment, the MT4 system will undergo a routine upgrade and maintenance.
MHMarkets：The current market has basically ruled out the possibility that the Fed will raise interest rates further.
At the end of the Asian market on Friday (November 17), US Fed Chairman Loretta Mester stated in an interview with US media on the 16th that the Fed has made "significant progress" in curbing inflation and needs to see "more evidence that inflation is returning to the 2% (target) track in a timely manner" in the future.
MHMarkets：November 17, 2023--Fundamental Reminder
On Thursday, unemployment data showed weakness in the labor market, reinforcing the view that the Fed is unlikely to raise interest rates further. The dollar index fell short term, approaching the 104 mark before recovering and finally closing near flat at 104.39. Treasury yields fell back to week lows. The yield on the 10-year Treasury note closed at 4.441%; The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, closed at 4.85%.
OTFX Analysis: USD/JPY Breaks Through 150.00 Resistance, Targeting 152.00
The USD/JPY exchange rate has successfully broken through the significant key resistance level of 150.00.
Forex4you Introduces Swap-Free Fee Accounts for Trading Cost Efficiency
Forex4you Introduces Swap-Free Fee Accounts for Trading Cost Efficiency
WCG Markets:2023-11-17
WCG Markets:2023-11-17
WCG Markets:2023-11-17
WCG Markets:2023-11-17
11/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：US October retail sales decreased by 0.1% month on month, which was the first decline since March of this year.
At the end of the Asian market on Thursday (November 16), the US Department of Commerce released data on the 15th local time, showing that US October retail sales decreased by 0.1% month on month, which was the first decline since March of this year.
MHMarkets：November 16, 2023--Fundamental Reminder
On Wednesday, the dollar index recovered some ground, holding the 104 mark and finally closing up 0.317% at 104.4. Treasury yields turned higher intraday. The yield on the 10-year Treasury note closed at 4.543%; The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, closed at 4.916%.