In order to provide you with a better trading experience, STARTRADER will be having an upgrade on its MT4 Demo servers between 00:00 hrs. (GMT+3) until 08:00 hrs. (GMT+3) on 4th November, 2023.
Please be advised that the following instruments' trading hours and market session times will be affected by the upcoming November holidays.
Risk appetite rebounded after the Federal Reserve's decision, leading to a rise in US stock markets Waiting for tonight's employment report
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WCG Markets:2023-11-03
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
At the end of the Asian market on Thursday (November 2), the Fed announced on November 1 that the target range for the federal funds rate would remain unchanged at 5.25% to 5.5%, in line with general market expectations.
Treasury yields fell on Wednesday after the FOMC decision, with declines accelerating during Powell's remarks, a sign investors don't expect the Fed to raise rates further.
Expected heating up at the end of the interest rate hike cycle US bond yields hit a two-week low The gold market still faces pressure
The Bank of Japan continued to loosen, and the yen plummeted to its lowest level in 2023; The US dollar rose, while gold surged and retreated
WCG Markets:2023-11-02
The US Dollar (USD), often referred to as the “greenback” due to the distinctive green ink used on earlier US paper money, holds a paramount position in international trade and finance.
Gold prices hovered near the key $2,000 psychological level on Monday, supported by safe-haven demand amid Middle East conflicts, while market players looked forward to the US Federal Reserve's policy meeting this week.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
On Wednesday (November 1), during the end of the Asian market, data released by the US Bureau of Labor Statistics on Tuesday showed that the labor cost index, a broad measure of wages and benefits, increased by 1.1% between July and September, higher than the 1% increase in the second quarter and also higher than economists' forecast of a 1% increase.
MHMarkets Precious Metal Crude oil Foreign Exchange Fundamentals Overview Techinical Level CPI GDP International Gold Spot Silver US Crude Oil EURUSD GBPUSD AUDUSD USD/JPY
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WCG Markets:2023-11-01
Please be advised that the following instruments' trading hours and market session times will be affected by the upcoming November holidays.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】