China non-manufacturing activity expands more slowly in April – official PMI
China’s non-manufacturing activity expanded at a slower pace in April, official data showed on Sunday, a discouraging sign for policymakers counting on services consumption to offset frailty in the factory sector amid slack global demand.
BREAKING: WTI crude oil drops close to 3%!
Brent crude futures fell $2.23, or 2.7%, to $79.94 a barrel, after rising to a session high of $84.20. It hit a session low of $79.72, its lowest since Jan. 11.
AUDUSD jumps past 0.6700 on RBA’s hawkish surprise, US Dollar retreat
The Australian dollar has racked up sharp gains on second May. In the European session, AUD/USD is trading at 0.6691, up 0.93%. As the RBA surprises markets with a 0.25% rate hike, versus the expectation of no change in the current monetary policy.
USD performed well. Forecast as of 04.05.2023
The Fed signaled a pause in monetary restrictions while its chairman tried not to rule out a rate hike in the future. It turned out not very convincing, leading to the EURUSD growth to annual highs. Let's discuss this topic and make up a trading plan.
The Future of Forex Trading
Forex trading is already a very popular and accessible type of the financial trading. It is now more like a 'people financial trading' with many traders treating it as some kind of the home business opportunity.
Financial Time Bomb: Soaring Debts and Devaluation
Raoul Pal, one of the favourite prominent finance experts, recently tweeted about the over-leveraged economy, and GDP growth being insufficient to cover interest payments on government and private sector debt.
Appointment of Hietham Abdulhalim As The New Head Of Sales For The MENA Division.
AUS Global, a global trading provider, is thrilled to announce the appointment of Hietham Abdulhalim as the new Head of Sales for the MENA division of AUS Global.
05/05 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM Today News
On Thursday, shortly after the Fed's interest rate resolution was announced, the banking crisis escalated again; the U.S. dollar index continued to fall after the opening, once under the forced 101 mark before the European session; however, last night after the European Central Bank interest rate resolution slowed the pace of interest rate hikes as expected, the euro weakened to push the U.S. index moderately higher, once up to 101.64 during the day, closing up 0.24% at 101.45.
AUS Global Named Diamond Sponsor for Forex Traders Summit in Dubai
AUS Global, a leading financial services provider, has been announced as a diamond sponsor for the upcoming Forex Traders Summit, which is scheduled to take place on May 17-18 in The Ritz-Carlton, Dubai.
MHMarkets ：MHM European Market
On Thursday (May 4), during the Asian session, spot gold rallied and retreated, earlier once refreshing the all-time high to near $2079.38 per ounce; because the Federal Reserve interest rate resolution as expected to raise interest rates by 25 basis points, and implied that the tightening cycle will be suspended, the market expectations of the Fed rate cut in September rose sharply, the dollar and U.S. bond yields fell, giving gold prices to support the upward momentum. But then gold prices ret
WCG Markets:2023-05-04
WCG Markets:2023-05-04
05/04 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
10 Scalping Secrets to Grow Small Forex Accounts Faster
Are you tired of struggling to make your small Forex account grow? Worry not, because there’s a powerful trading strategy that can help you achieve your goals in no time: scalping. I’m going to reveal the top 10 scalping secrets that will help you make the most of small price movements and rapidly grow your Forex account. Get ready to dive into the exciting world of fast-paced Forex trading with my scalping success secrets!
MHMarkets ：MHM Today News
Early this morning the Federal Reserve raised interest rates by 25 basis points to 5%-5.25% as expected, which was the 10th consecutive rate hike since March last year, with rates reaching their highest level since August 2007; however, the Fed hinted at a pause in rate hikes, and the dollar index was once forced down to the 101 mark during the day after the resolution was announced, closing down 0.56% at 101.28.
AUS Global’s Comprehensive Offerings to Introducing Brokers
As the financial markets continue to evolve and expand, trading companies play a crucial role in facilitating transactions and providing valuable services to various market participants.
05/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Safe Haven Assets To Invest In During Recessions
Portfolio protection has now become a primary concern for traders and investors in the current cyclical environment, with Covid-19, Inflation, Interest rate hikes, and European conflicts creating uncertainty in the world economy lately. To offset risks in their financial portfolios during times of a declining economy like the present, intelligent investors often turn to ‘safe haven’ assets as a hedge.
WCG Markets:2023-05-03
WCG Markets:2023-05-03
What's happening with the US Dollar? Why do countries ditch USD?
As several nations focus on enhancing their currencies, the dominance of the US dollar in the global monetary system is declining. Nouriel Roubini, also known as “Doctor Doom” for accurately forecasting the 2008 global financial crisis, recently warned that the dollar’s position as the primary reserve currency in the world is at risk. This warning is proving accurate, as the world’s major emerging economies have agreed to ditch USD for trade!