Mai hui MHmarkets: July 26, 2023-MHM European Perspective
Now Wednesday (July 26) Asian time, spot gold narrow range volatility, currently trading around $1963.07 per ounce, near the Federal Reserve interest rate resolution announced, market investors generally into the wait and see, gold short-term volatility is small.
Mai hui MHmarkets: July 26, 2023 - Fundamental Reminder
Tuesday's US economic data is still full of contradictions, on the one hand, consumer confidence rose to a 2-year high, on the other hand, the Richmond Fed manufacturing activity continued to be sluggish in July, market sentiment is increasingly nervous, although this week's 25 basis point rate hike has long been priced in, but any subsequent guidance from Powell will set markets off. The dollar index fell after five straight gains, closing down 0.13 percent at 101.27.
07/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-07-26
WCG Markets:2023-07-26
Amazing Tips on How to Become a Professional Trader
Achieving a consistent stream of profits in the financial markets, in reality, appears to be far more challenging than it appears at first glance. In fact, research suggests that over 80% of those who wish to become traders will eventually fail, wash out, and turn their attention to safer hobbies down the road.
5 Lucrative Online Business Ideas in Finance for Digital Entrepreneurship
Countless people have already made the leap to digital entrepreneurship. And with the right knowledge-how, becoming a successful digital entrepreneur can be within your grasp too. Certainly, from partnerships and Introducing Brokers to affiliate marketing, the spectrum of potential finance business models is wide and inviting!
What is the Spread? How to calculate Spreads in Forex Trading
Spreads are an essential component of any trading choice since they can turn a winning trade into a bittersweet victory or a profitable investment into an avoidable loss. The spread a trader pays has a direct influence on their overall trading costs, making it an important factor when selecting a forex broker and engaging in trading endeavors!
Mai hui MHmarkets: July 25, 2023-MHM European Perspective
Spot gold edged up on Tuesday (July 25) Asian hours and is now trading at $1,962.07 an ounce, as Monday's closely watched purchasing managers' index (PMI) surveys showed US business activity slowed in July while Europe contracted more than expected, suggesting both central banks may be nearing the end of their rate-hike cycles.
07/25 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
The Week Ahead – FOMC, ECB, BoJ Rate Decisions, Aussie CPI Headline a Big Week in Markets
Highly significant economic reports are set to shape the global markets in the approaching week. All eyes are on the forthcoming rate decisions from the Federal Reserve, the European Central Bank, and the Bank of Japan. The suspense is further heightened by the key inflation data from the US, Europe, and Australia, capturing the interest of traders.
Stocks In Europe Lower on Disappointing German PMI
On Monday stock markets in Europe were lower, as investors digested disappointing PMI data from Germany and more quarterly corporate earnings while waiting for the outcomes of central bank meetings, including the European Central Bank and the Federal Reserve.
Monthly FX Update | July 2023
June, saw divergent economic outlooks. Initially, the US dollar was under pressure as many believed the Federal Reserve had completed its last rate hike for this cycle. However, this perception changed following the release of robust US economic data and hawkish projections in the FOMC dot-plot.
FxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business downturn deepens in July
EUR/NZD declined on Monday after PMI data showed euro zone business activity shrank much more than expected in July. • A survey showed the downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined and factory output fell. • EUR/A NZD chart has taken a turn for the worse after todays drop.Overall risk growing for a bigger drop towards 1.7750.
EUR/USD PRICE ANALYSIS: BEARS EYE A 61.8% FIBO CONFLUENCE TARGET AREA
The Euro is currently facing strain due to constant economic indicators reflecting the enduring strength of the U.S. economy. This is in stark comparison to the economies teetering on the brink of recession, including the Eurozone. The preliminary balance for this week is being determined in anticipation of the Federal Reserve meeting on Wednesday, with subsequent analysis tending towards a bearish bias.
Deepest US Yield Curve Inversion in 42 yrs portends Recession Dead Ahead
Last week, the US Treasury yield curve, a reliable indicator of recession, experienced its steepest inversion since 1981. This coincided with one of the most severe downturns in Bloomberg’s US Economic Surprise Index in recent memory.
WCG Markets:2023-07-25
WCG Markets:2023-07-25
Mai hui MHmarkets: July 25, 2023 - Fundamental Reminder
On Monday's mixed US economic data, with the manufacturing PMI showing strength and the services PMI falling to hit a five-month low along with the composite PMI, as well as lingering concerns about sticky inflation, the dollar index continued to rise, closing up 0.31% at 101.4.
Mai hui MHmarkets: July 24, 2023-MHM European Perspective
Spot gold traded in a narrow range on Monday (July 24) in Asia, currently trading at $1960.55 per ounce. The market is in a wait-and-see mood ahead of the Federal Reserve interest rate decision, but investors need to focus on PMI data for June from European and US countries due on Monday.
Introducing Nutchaporn Chaowchuen (Tarn) - AUS Global's New Country Manager for Thailand
AUS Global appoints Ms. Nutchaporn Chaowchuen (Tarn) as Country Manager for Thailand. With expertise in trading and exceptional marketing skills, she is set to drive growth in the Thai market. Her victory in the Axi Psyquation 2019 competition underscores her trading prowess. Excited to lead, she vows to nurture partnerships and deliver top-notch services.
07/24 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】