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Funds cover CBOT corn shorts ahead of USDA’s monthly update -Braun
Before the U.S. government's crop outlook was released last week, speculators decided to abandon their short positions in corn trading in Chicago.
EUR & GBP: What They Have in Common at This Crucial Moment?
According to its most recent consumer expectations report, the findings suggest a slight increase in inflation expectations for August. The report reveals a modest rise in forecasts for both the next 12 months (from 3.4% to 3.5%) and the following three years (increasing from 2.4% to 2.5%).
Gold Prices Surge Amid Middle East Crisis
Geopolitical Tensions Propel Gold Price Rally
WCG Markets:2023-10-16
WCG Markets:2023-10-16
Weekly News 2023/10/09-2023/10/13
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
10/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The CPI data was heavily positive, the dollar index soared and gold fell sharply.
At the end of the Asian market on Friday (October 13), the US dollar index rose significantly yesterday due to the impact of US CPI data.
MHMarkets：October 13, 2023--Fundamental Reminder
The dollar index rose higher and returned above the 106 mark to close up 0.86% at 106.59 after Thursday's unexpected pickup in CPI data reinforced market expectations of a "higher for longer" Fed and one more rate hike this year.
Week 39 data: Oil and Gold
First, it is necessary to provide a concise summary of the key economic data for this week. It is important to note that if you are engaged in trading gold or oil during this particular week, these fundamental factors have the potential to influence the accuracy of technical forecasts.
Ethereum Protocol for Staking Twenty Slashing Events Are Reported By Lido Finance.
According to reports, Lido Finance, a protocol for Ethereum staking, has recorded twenty instances of slashing involving validators under the administration of Launchnodes. These slashing events were a result of infrastructure and signer configuration issues. The incident occurred on October 11th at approximately 3:30 pm UTC. Lido has informed that the validator nodes of Launchnodes are currently inactive, and slashing has been halted until a thorough investigation into the root cause is conducted.
US September CPI exceeded expectations month on month The US dollar index recorded its largest increase in nearly two weeks
US September CPI exceeded expectations month on month The US dollar index recorded its largest increase in nearly two weeks
AUD/USD falls to near 0.6350 after hot key US inflation data
The AUD/USD pair experienced a significant drop below the key support level of 0.6400, taking a steep downward trajectory. This decline was triggered by the release of the United States inflation report for September, which indicated a higher-than-anticipated increase in the headline Consumer Price Index (CPI), primarily due to elevated gasoline prices.
An Economic Powerhouse on the Rise
India, having surpassed China as the world's most populous nation, is additionally one of the world's rapidly developing major economies. Endowed with a youthful and expanding population, an exponentially growing middle class, and an expanding pool of skilled workers, India is primed for an era of continuous economic advancement. This article aims to assess the advantageous aspects, potential avenues, and potential drawbacks of the Indian economy and also presents a strategy to access the Indian market. Commencing with an exploration of India's strengths.
US Stocks Fall as Inflation Holds Pace
Dow Jones Drops 173 Points, S&P 500 Sheds 27 Points, Nasdaq 100 Closes Lower by 57 Points
WCG Markets:2023-10-13
WCG Markets:2023-10-13
Notification of Change in the Leverage of US Shares
Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 16th October 2023 to further optimise the competitiveness and improve the trading environment.
10/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The CPI data is coming in heavy, and the US dollar index has slightly declined in the Asian market, waiting for the data to be released.
At the end of the Asian market on Tuesday (October 12), the US dollar index fell slightly, with current prices around 105.61.
MHMarkets：October 12, 2023--Fundamental Reminder
Fed meeting minutes released early on Thursday showed the Fed will keep interest rates high for "some time", but hawkish Fed Governor James Waller and Atlanta Fed President Raphael Bostic both continued their recent dovish stance, with markets betting there is a less than 9% chance of a rate hike in November. The dollar index fell, closing down 0.02% at 105.73.