USD/JPY Rises to Fresh Daily Highs, Further Above Mid-134.00s Despite Weaker USD
The USD/JPY currency pair has traditionally had a close correlation with U.S. Treasuries. The USD/JPY pair started the new week on a positive note and built on steady intraday gains throughout the early North American session.
The Copper Crunch: Meeting Soaring Demand in a Greener World
The global copper demand, driven by the green energy revolution and infrastructure projects, is facing a potentially debilitating supply crunch. With copper playing an essential role in renewable energy infrastructure, electric vehicles (EVs), and traditional industries like construction, electronics, and power generation, the pressure to meet the growing demand is mounting.
Silver Market Vision
The rate of silver is susceptible to conjecture and supply and demand. The silver price is closely followed by traders due to its potential for volatility, as well as the metal being a viable hedging option. It often tracks the pricing of gold due to store of value demands, but the ratio varies.
S&P 500 Trades Lower With Possible Recession On The Horizon, China's Economy Grows
The S&P 500 traded lower on the week as the latest round of earnings reports suggest a recession could be on the horizon. On Monday, China reported its economy grew 4.5% in the first quarter, exceeding economist estimates of 4% GDP growth. China finally lifted most of its COVID-19 economic and travel restrictions in the first quarter, opening the door for the nation's highest economic growth since the first quarter of 2022.
GEMFOREX - weekly analysis
Top 5 things to watch in markets in the week ahead
EUR/USD Eyes Additional Gains Above 1.1000
EUR/USD is holding gains above the 1.0920 support.
Economic Calendar | April 24 – 28
Below are the predicted Economic calendar for this week
MHMarkets ：MHM Today News
The Dallas Federal Reserve's Business Activity Index and Manufacturing Output Index for April, both released on Monday evening, fell short of expectations, sparking concerns about a slowdown in the US economy. The US dollar index fell as low as 101.33, closing 0.33% lower at 101.35.
Dollar Steady After Fed Indicate Interest Rate Hike by 0.25%
Fed approves 0.25% hike, softening rate increases again. The Fed has raised interest rates to cut prices but the move risks a recession.
Digital Assets Comeback: Is the Bull Market Continuing?
The recent surge of bullish momentum in the cryptocurrency market could potentially be attributed to the end of central banks' tightening measures and the perceived resilience of the US economy. Reviving hopes for a strengthened market sentiment from a single view.
Charles Schwab And State Street Red Flag
Investors and depositors are continuing to yank money out of low yielding banks and into higher yielding institutions or investment vehicles.
AUDCAD analysis for 24.04.2023
The AUDCAD price has been following a bearish trajectory within a downward sloping channel for some time.
WCG Markets-2023-04-25
WCG Markets-2023-04-25
CM Globals Sustainable Environment
Leading financial firm, CM Globals, has announced its latest corporate initiative to work together with a firm that promotes sustainable development of agriculture and farming.
04/24 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
CM Globals Raises Its Targets
CM Globals, a leading financial services firm, announced recently that it has raised its targets for the upcoming quarter.
MHMarkets ：MHM European Market
In the early morning trading of the Asian market on April 24th Beijing time, the US dollar index slightly rose and is currently trading at around 101.72. The US dollar showed little change against major currencies last Friday as business activity data showed that the world's largest economy still has resilience, supporting the Federal Reserve's expectation of another 25 basis points rate hike at next month's policy meeting.
How Much Money Should You Earn To Rank Among The Top 1% Globally?
Imagine living a life of opulence, surrounded by the finest luxuries money can buy. This appears to many of us to be a pipe dream reserved only for the richest people in the world. But have you ever wondered what it takes to be among the wealthiest 1% in the world? Find out what it means to be part of the top 1% income earners worldwide. From jaw-dropping figures to surprising insights, discover what it takes to join the world's financial elite 1%!
How Could Web 3.0 Revolutionize Your Trading Experience
The next generation of the internet is here, and it’s called Web 3.0. This new version of the web will be more personalized, more interactive, and more intelligent than ever before. Web 3.0 is set to transform the way we interact with the digital world, and nowhere is this more evident than in the world of trading. Discover how it can enhance your trading experience significantly!
MHMarkets ：MHM Today News
Last Friday, the April U.S. manufacturing Markit PMI unexpectedly returned above 50 points above the divide between prosperity and decline, and services PMI are not falling but rising, respectively, which was a six-month and one-year high; comprehensive PMI stronger than expected, hitting a new high since May last year. Boosted by this strong data, the dollar index, which was once near a 1-year low during the day, jumped and returned to above the 102 mark. Although it then retreated and closed d