MHMarkets ：MHM European Market
On Thursday (April 27) during the Asian session, spot gold rose slightly and is currently trading near the 2000 integer level. Investors continue to feel uneasy about the difficulties of the First Republic Bank of the United States and are concerned that US economic growth may unexpectedly shift downwards. Overnight, US stocks fell to a new low in nearly four weeks, providing support for gold prices.
How to Pay Off Credit Card Debt Fast and Raise a Low Credit Score?
You're not alone in the quest for going debt free – in the last quarter of 2022, credit card debt reached $986 billion, a $61 billion increase over pre-pandemic levels. Those balances will likely continue to rise due to inflation and rising interest rates. Though there is no quick fix for debt, despite what solicitors or infomercials claim, it's wise to view the journey as a challenge, and a learning opportunity to build a healthy credit score!
04/27 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM Today News
The financial report of First Republic Bank of the United States has reignited concerns about the banking crisis in the market. On Wednesday, it was reported that the US government is currently unwilling to intervene in it, leading to market expectations for a further decrease in the Federal Reserve's interest rate hike in May. Coupled with economic data indicating higher borrowing costs and an uncertain economic outlook, capital investment is being suppressed, and the US dollar index has declin
WCG Markets:2023-04-27
WCG Markets:2023-04-27
MHMarkets ：MHM European Market
On Wednesday (April 26) during the Asian session, spot gold fluctuated narrowly and is currently trading around $1996.16 per ounce. Overnight market concerns about the banking sector rebounded. Concerns about the US debt ceiling crisis intensified. US stocks fell sharply. US bond yields recorded the largest one-day decline since March, providing support for gold prices. However, in the Asian session on Wednesday, risk aversion fell slightly, and gold prices were still suppressed by the resistanc
MHMarkets ：MHM Today News
Just one week away from the next Fed interest rate meeting, the market is surprised again. The US banking crisis has reignited, and the US economic data is mixed. The Federal Reserve's interest rate swaps are no longer fully priced, and the Federal Reserve will raise interest rates by mid year. However, as a safe haven currency, the US dollar briefly pushed up to the 102 level, closing 0.61% higher at 101.86.
04/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-04-26
WCG Markets:2023-04-26
How to Use Bull Power and Bear Power Indicator in Forex Trading
The Bull Power and Bear Power indicators are forex technical analysis tools that identify bullish or bearish trends. Think of the Bull Power indicator as your trusty steed, charging through the market with buying power stronger than a herd of actual bulls. And Bear Power indicator as a deterrent against pesky bears trying to bring down your profits. So, grab hold of those indicators, and let's make some profits (before the bulls and bears eat it all).
Introduction to Dollar Cost Averaging – A Long-Term Investment Strategy
Imagine you're a savvy investor, confident in your ability to predict market trends and make strategic decisions to maximize your profits. You buy low, sell high, and watch your portfolio soar. Sounds simple enough, right? But in the real world, timing the market is tricky for even the most seasoned investors. That's why many turn to a different approach: Dollar Cost Averaging (DCA). DCA allows you to invest a fixed amount regularly, reducing market volatility and providing a more stable return!
04/25 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM European Market
In the Asian session on Tuesday (April 25), spot gold rose slightly, once touching the 2000 mark. At present, its trading is near $1993.56/ounce. Overnight data shows that manufacturing activity in Texas shrank in April. The market's expectation of the Federal Reserve's interest rate cut within the year is rising. The dollar index fell to a new low for more than a week. The market's concern about the US debt crisis is rising. The yield of US bonds fell to a new low for more than a week, providin
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