Today, oil trading accounts for the majority of the world’s wealth. It cannot be overstated how much impact the oil industry has on the global economy, as it fulfills almost all of the world’s energy needs. It is also worth noting that oil is not only the most traded commodity in the world but also one of the most volatile!
News from Kuala Lumpur - STARTRADER and Trading.Live, prominent leaders in the trading market, recently organized a highly successful seminar in the city.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Spot gold fluctuated at high levels in Asia on Thursday (July 13), trading around $1,957.53 an ounce. The dollar index and Treasury yields fell sharply this week after Federal Reserve officials signaled that the Fed was nearing the end of its rate hike cycle and June CPI data supported that view. It helped gold hit a new high since June 16 near 1962.18, but this position is right at the 55-day average and 38.2% of the 2079-1892 decline. Moreover, the Fed is still widely expected to raise interes
On Wednesday, signs of cooling US inflation boosted hopes that the Federal Reserve may end its rate hike cycle sooner than previously expected.
Please refer to the table below, for the rollover date of our futures on the trading system during July, 2023. Please note that the date and time may be subject to change.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
The USD Index has reached its lowest level of the year following the unanticipated decline in Core CPI data, which fell short of expectations. It remains uncertain whether the price will find stability at this annual low or if the weakness of the USD will persist.
The US Dollar Index (DXY) has closed its fourth consecutive day in the red, reaching levels last seen in early May 2023.
Bank of Canada (BoC) Governor Tiff Macklem comments on the policy outlook following the BoC's decision to raise its policy rate by 25 basis points to 5% in July.
Spot gold edged higher to a near three-week high of $1940.84 an ounce after the Reserve Bank of Australia said on Wednesday (July 12) in Asia, providing support to the metal after the dollar and bond yields retreated, though investors cautiously awaited US inflation data that could provide more clues on the path of the Federal Reserve's rate hike policy.
pot gold rose for a third straight session on Tuesday, hitting as high as $1,938.54 an ounce before paring gains late in the session to end up 0.37% at $1,932.16 an ounce
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
It is with great pleasure that we announce AUS GLOBAL's recent partnership with Real Betis FC. As the official online financial trading platform of the club, we will be sponsoring various aspects of their operations, including their kits, stadiums, interview zones, training grounds, LEDs, buses, and other sponsorships.
It is with great pleasure that we announce AUS GLOBAL's recent partnership with Real Betis FC. As the official online financial trading platform of the club, we will be sponsoring various aspects of their operations, including their kits, stadiums, interview zones, training grounds, LEDs, buses, and other sponsorships. We are honored to be in the company of esteemed corporations such as Coca-Cola, Volvo, and CaixaBank, and we look forward to supporting Real Betis' upcoming La Liga season in the
With little on the economic calendar, equities trended slightly higher in recovery mode from Friday’s reaction to employment figures. The dollar came under pressure, allowing major pairs to get a boost.
Gold prices are struggling to gain any significant traction on the first day of a new week, and they seesaw between tepid gains and minor losses throughout the early European session. A combination of divergent forces is currently affecting XAU/USD, which is currently trading around $1,924-$1,925.
Asian stocks rose as Wall Street snapped a three-day losing streak.
With the increasing likelihood of a rate hike in July, bond traders are now shifting their focus to the future beyond this month. Encouraging data releases, particularly the latest ISM figures, are heightening the chances of a second rate hike taking place in 2023. Furthermore, these figures also indicate the potential for upward revisions in the projections for 2024 when the Federal Reserve assembles in September.
In June, there was a rise in nonfarm payrolls by 209K, which fell slightly below the Bloomberg consensus for the first time in 15 months. Additionally, revisions made to job growth in the previous two months revealed that employment growth has not been as strong as initially thought.