On Wednesday (October 31), during the late trading session of the Asian market, Goldman Sachs predicted in an analysis report released on Monday that considering that US lawmakers may choose short-term financing bills again, the likelihood of the government shutting down before the end of this year is unlikely, but there is still a possibility of a shutdown early next year.
The situation in the Middle East is getting better, and crude oil fell by 3% to a new low in nearly three weeks Gold futures hold the $2,000 level and await trial by the Federal Reserve's resolution
WCG Markets:2023-10-31
The US currency confidently started the week, gaining ground and surpassing the euro. The stability of the dollar, which is carefully overcoming obstacles, is supported by expectations of a soft landing for the US economy.
The NGXASI once again experienced a modest gain of 0.33% as it closed at 67,136.58 points, rising from its previous close of 66,915.41. From a technical perspective, the market has been in a consolidation mode for 8 weeks now. Whether it will break out or turn out to be a false indication will be determined by the MACD Histogram on a weekly timeframe, which currently shows a negative reading. Despite this, the support levels from October last year until now remain intact, particularly around the 30-week moving average. It is worth noting that the 30-week moving average often acts as a support level during sustained upward trends.
The Euro started a fresh decline from the 1.0695 zone against the US Dollar. EUR/USD traded below the 1.0620 support to enter a bearish zone.
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Please be advised that there will be alterations to the trading hours of select CFD markets during the period of Oct. 29 – Nov. 5, 2023, owing to the transition from Daylight Saving Time (DST) to standard time in Europe.
The Bank of Japan (BOJ) Interest Rate Decision and its impact on the USD/JPY pair are deliberated by economists at TD Securities.
Last Thursday, there was a slight inclination observed in oil prices; however, this upward momentum was suddenly halted, resulting in a relinquishment of any progress made. Consequently, the current levels of oil prices are lower compared to the figures stated in our previous report. This report strives to elucidate the influential factors behind the price fluctuations of WTI (Oil) in the previous week, evaluate its future prospects, and culminate with a technical analysis of WTI.
The present article presents a detailed analysis carried out by Elliptic, a blockchain analytics firm, to disprove the assertion that Hamas financed its attacks on Israel using cryptocurrency. Furthermore, it explores the methodologies employed by law enforcement and researchers to track and immobilize cryptocurrencies. In addition to this, the article also sheds light on the prospective humanitarian uses of cryptocurrencies within the region.
The ECB decision has had minimal impact on EUR/USD as the currency pair remains relatively unaffected, trading within the range of mid-1.0500-1.0600. Economists from Danske Bank provide an analysis on the future prospects of this particular currency pair.
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Hôm thứ Hai (30/10), khi kết thúc Phiên chợ châu Á, Tổng thống Iran Leahy đăng tải trên mạng xã hội cáo buộc Israel "vượt qua ranh giới đỏ" và cảnh báo điều này "có thể buộc mọi người phải hành động".
On Monday (October 30), at the end of the Asian Market, Iranian President Leahy posted on social media, accusing Israel of "crossing the red line" and warning that this "may force everyone to take action".
Last Friday, after the release of U.S. September PCE inflation data, ten-year U.S. bond yields refreshed the daily high to 4.89%, turned down during the session and closed at 4.83%;
Israel Expands Ground Activities Gold prices surged above $2,000, but the rise of the US dollar was hindered
Aurangabad, Maharashtra - October 7, 2023 - In a recent event that took place at Hotel The Ferns Residency in Aurangabad, traders and investors had the privilege of gaining valuable insights into the world of trading and learning about the basics of Contract for Difference (CFD) trading.