WCG Markets:2024-02-06
WCG Markets:2024-02-06
2/05 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Weekly News 2024/01/29-2024/02/02
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
MHMarkets：2024.02.05 MHM European Time Analysis
On Thursday, the US Dollar Index reversed its upward trend under pressure from the strengthening British Pound, falling near the 103 level. This was close to the level before the Federal Reserve announced its interest rate decision on Wednesday, ultimately closing down by 0.446% at 103.06. Concerns about a potential banking crisis offset the cooling effect of reduced rate cut expectations, causing the 10-year US Treasury yield to break below the 3.9% level, closing at 3.882%, marking a new low f
MHMarkets：February 5, 2024 Economic Highlights
On Friday, U.S. stocks surged to record highs despite the stronger-than-expected jobs data, which tempered expectations of a rate cut. The Dow Jones Industrial Average rose by 134 points (0.35%) to 38,654, the S&P 500 gained 52 points (1.07%) to 4,958, and the Nasdaq 100 jumped 298 points (1.72%) to 17,642. This marked the fourth consecutive week of gains for all three major indexes.
January US non-farm data exceeded expectations The expectation of the Federal Reserve's interest rate cut has been weakened, and the US dollar has risen comprehensively
January US non-farm data exceeded expectations The expectation of the Federal Reserve's interest rate cut has been weakened, and the US dollar has risen comprehensively
Market Insights Digest: February 5, 2024 - Record Highs, Forex Trends, and Intraday Analysis
Navigate Today's Market Landscape with Expert Views on Stocks, Forex, and Technical Analysis
WCG Markets:2024-02-05
WCG Markets:2024-02-05
MHMarkets：2024.02.02 MHM European Time Analysis
The price of gold (XAU/USD) continues its sideways movement, remaining close to a one-month high reached recently. Traders are cautious and awaiting the release of US monthly employment data for insights into the Federal Reserve's policy direction, which could impact the non-yielding yellow metal. Ongoing talks of an Israel-Hamas ceasefire and positive global equity market sentiment act as challenges for gold.
MHMarkets：February 2, 2024 Economic Highlights
On Thursday, the U.S. dollar index dropped by 0.4% to 103.06. EUR/USD rose by 53 pips to 1.0871, influenced by the Eurozone's expected slowdown in inflation to 2.8% in January, while the jobless rate remained steady at 6.4% in December, meeting expectations. GBP/USD increased by 55 pips to 1.2743, in line with the Bank of England's decision to maintain the key interest rate at 5.25%. USD/JPY declined by 52 pips to 146.42, and AUD/USD remained relatively stable at 0.6571. USD/CHF decreased by 35
2/02 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Rollover Notification in February
Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly.
The long-term US Treasury bond yields have declined, causing the US dollar to drop yesterday While the Yellow prices surged to a near one-month high
The long-term US Treasury bond yields have declined, causing the US dollar to drop yesterday While the Yellow prices surged to a near one-month high
New Products Launch in February
We are pleased to announce that STARTRADER will launch new products of Cryptos on February 5th, 2024 to provide clients with a broader portfolio of products.
Recovery in U.S. Stocks, Forex Dynamics, and Key Strategies Unveiled
Market Insights Snapshot - February 2, 2024
WCG Markets:2024-02-02
WCG Markets:2024-02-02
2/01 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
As expected, the Federal Reserve held steady, leading to wide fluctuations in the U.S. dollar during the session
As expected, the Federal Reserve held steady, leading to wide fluctuations in the U.S. dollar during the session
WCG Markets:2024-02-01
WCG Markets:2024-02-01
MHMarkets：The Fed announced its interest rate decision tonight, and the market is waiting for its guidance.
On Wednesday (January 31), Sherrod Brown, Chairman of the Senate Banking Committee and Senior Senator from Ohio, urged the Fed to cut interest rates early this year in a letter to Fed Chairman Powell.