Mohicans markets：MHM European Market
On Monday, January 30, spot gold fluctuated in a narrow range in Asia, and is currently trading at $1930/ounce. Last week, spot gold closed 0.1% higher, achieving the sixth consecutive week of rise, which is the longest consecutive rise since the gold price hit $2075.47 in the summer of 2020. But the question is, because analysts believe that profit taking is inevitable in the short term, can gold maintain its rise?
Mohicans markets：MHM Today News
Last Friday, the PCE price index, the inflation index favored by the Federal Reserve, continued to cool in December, and the year-on-year growth rate fell to the lowest level in a year. Federal fund futures prices continue to reflect the expectation that the Federal Reserve will raise interest rates by 25 basis points this week, and show that the Federal Reserve will raise interest rates by another 25 basis points before it stops raising interest rates.
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WCG Markets:2023-01-30
WCG Markets:2023-01-30
What's Going On With Bilibili Shares?
Bilibili Inc. is currently listed on NASDAQ under BILI. One share of BILI stock can currently be purchased for approximately $24.65. Currently, Benzinga Bilibili Inc - ADR (NASDAQ: BILI) - shares are trading higher by 3.02% to $25.40 Friday afternoon.
Various challenges are presented in davos
Global warming, the war in Ukraine, the recession and famine are the issues that are being discussed at this summit of the world economic forum in Davos, it was the first lady of Ukraine who asked for support for her country because if Ukraine loses this conflict world peace could be affected. On the other hand, we continue with the delivery of results this week, for which we expect that there will be volatility in the markets again. The Dow lost nearly 400 points on Tuesday, dragged down by the financial sector, as investors digested a slew of earnings reports as they reassessed growth prospects.
USD is Underpressured as a result of the America's Recession Threat Sharpening.
The US dollar has fallen by 11.50% since its late-September high and the greenback may fall further as multi-month support comes under pressure. US dollar bulls have had a hard time of late as the greenback continues to give back a large slice of last year’s gains. The greenback was pressured by the release of a series of highly disappointing United States economic reports in the New York session.
UK wages grew 6.4% in the autumn said ONS
Average weekly earnings, including bonuses in the UK, increased by 6.4% year-on-year to GBP 629 in the three months to November of 2022, the most since the same period to May, above an upwardly revised 6.2% gain in the three months to October, and topping market estimates of 6.2%.
U.S. dollar falters vs major currencies as sterling gains; yen in spotlight
A large number of factors influence currency value. Whether the U.S. dollar depreciates in relation to another currency depends on the monetary policies of both nations, trade balances, inflation rates, investor confidence, political stability, and reserve currency status.
The German Eurex market launches the new Micro DAX Options contracts .
The newly added micro DAX options are already available and tradeable in iBroker & ClickTrade for only 0.75 euros per contract and with free real time!
Natural Gas price continues to tumble, but the bottom may be near
For the past four weeks combined, gas futures have lost about 30%. Prior to that, the market rose almost 20% in the mid-to-late November period on expectations that all of the United States will be in a freezing state during the Christmas week leading into the new year.
Is the ASX heading toward all-time highs?
The S&P/ASX200 closed up Friday, gaining 16.90 points or 0.23% to 7,452.20 and setting a new 100-day high. This makes The outlook for the Australian equities market to be one of the best globally and is see up to cope with a potential recession. The Australian market showed itself to be robust in much of the volatility and downturn of last year being one of the more solid economies.
Gold touches nine-month high on recession fears
Global recession concerns stoke safe haven bid for gold. Gold steadied near the highest in almost nine months as poor company earnings and layoffs heightened concerns of a recession.
Global Stocks Higher After Remarks by BOJ Governor
Global equity indexes rose sharply on Friday, with Wall Street rallying after a jump in Netflix and Alphabet shares, while the U.S. dollar had its biggest daily percentage gain against the yen in about two weeks as the Bank of Japan governor repeated the central bank will maintain its ultra-loose monetary policy. While The S&P 500 and Dow snapped a three-session losing streak and the Nasdaq rose more than 2%.
Now that the VinFast VF 8 is more expensive than a Tesla Model Y
Following Tesla's massive price cuts in the US last week, Vietnamese automaker VinFast said it plans promotions to protect the competitiveness of its models.
Oil prices settle higher on hopes of China demand rebound
Oil prices rose to their highest in two on Tuesday in choppy trading after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift in its COVID-19 policy will boost fuel demand.
Tesla needs to start acting more like Toyota and GM if it really wants to win the electric car race
Elon Musk has huge aspirations for Tesla — like selling a staggering 20 million cars in 2030 (the equivalent output of Toyota and Volkswagen combined) and making the company worth trillions.
Texas Instruments turns to long-time veteran in CEO transition amid chip slump
Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. Texas Instruments Incorporated (NASDAQ: TXN) is ushering in a new CEO amid a significant correction in the semiconductor industry, and handing the reins to the 24-year company veteran may help smooth the transition, according to analysts at Stifel.
Genesis Files for Chapter 11 Bankruptcy in the Southern District of New York
Crypto firm Genesis files for Chapter 11 bankruptcy in Southern District of New York, with estimated liabilities of $1 billion to $10 billion and estimated assets of $1 billion to $10 billion, according to a filing.
European Interest Rate Expectations are High, Euro Returns to Strengthen
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. Before that, The euro continued to perform well in the market. It was buoyed by expectations of a rate hike for the next policy meeting of the European Central Bank (ECB).