09/15 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The U.S. dollar broke out yesterday and surged today with intraday weakness, non-U.S. currencies are significantly weaker than precious metals, and U.S. crude oil has broken the integer level of $90!
On Thursday (September 14), the ECB chose to raise interest rates by 25 basis points, realizing the tenth consecutive interest rate hike, and raise the main interest rate to 4%.
MHMarkets：September 15, 2023 - Fundamental Reminder
On Thursday, the dollar index rose sharply in pre-market trading on the back of strong U.S. data, breaking through the 105 mark and reaching an intraday high of 105.43 before closing up 0.56% at 105.34.
Market Closure in September
Please be advised that the following instruments' trading hours and market session times will be affected by the upcoming September holidays.
WCG Markets:2023-09-15
WCG Markets:2023-09-15
09/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The US dollar is engaged in a long-short competition around the upper edge of the dense moving average range, and the US crude oil daily close is a cross star!
On Wednesday (September 13), as the U.S. August inflation rate still slightly exceeded expectations, the Fed's November interest rate hike bets have risen
MHMarkets：September 14, 2023 - Fundamental Reminder
The dollar index rose and then fell on Wednesday, buoyed by the slightly better-than-expected CPI data. It flirted with the 105 mark in pre-market trading before giving up most of its gains to end up 0.21% at 104.76. In U.S. Treasury yields, the two-year yield rose as high as 5.081% during the day, but has since fallen below the 5% mark to close at 4.971%. The yield on the 10-year Treasury note also eased, closing at 4.254%.
The US August CPI data is mixed, reinforcing expectations that the Federal Reserve will suspend interest rate hikes.Gold bears still hold technical advantages
On Wednesday, there were slight fluctuations in US stocks, bonds, and the US dollar, with mixed inflation reports strengthening expectations that the Federal Reserve will suspend interest rate hikes, but this does not mean the end of the tightening cycle.
Zloty caught in a scandal. Forecast as of 13.09.2023
A central bank's policy easing ahead of elections is usually regarded as supporting a party in power. The Bank of Poland went further and dropped rates by 75 basis points. Let’s discuss it and make a trading plan for the EURPLN.
Japan’s Wholesale Inflation Slows for 8th Month, Stays Above Target
In the latest economic update from Japan, the nation’s wholesale inflation rate exhibited a continuing trend of deceleration in August, marking the eighth consecutive month of decline. This development is likely to be received with relief by households and retailers alike, who have been grappling with the ramifications of earlier sharp spikes in the costs of raw material imports.
WCG Markets:2023-09-14
WCG Markets:2023-09-14
Canadian Dollar Update – Canadian dollar rises with improved risk sentiment
USD/CAD Open: 1.3596-68, Overnight Range: 1.3587-1.3640, Previous Close: 1.3640
09/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The US dollar rises again after dropping from high, the Euro leads gains, and US crude oil is about to hit a key historical level!
On Wednesday (September 13), spot gold fluctuated and fell slightly during the Asian and European session and is currently trading near $1909.58 per ounce.
Sponsorship Agreement signed between Mensa Finance and Roda JC Kerkrade
Roda JC Kerkrade and Mensa Finance declared cooperation
MHMarkets：September 13, 2023 - Fundamental Reminder
The dollar index rose and fell on Tuesday, flirting with the 105 mark in pre-market trading before giving up most of the day's gains to end up 0.02% at 104.54. In U.S. Treasury yields, the two-year yield rose sharply and stood at 5% to close at 5.020%, while the 10-year yield fell back to 4.280%.
Investors are surging towards to the United States again! High oil prices exacerbate inflation concerns
US inflation data is coming soon, gold prices plummeted and lost its key support on Aug 21st
Daily Market Newsletter - September 13, 2023
Market Analysis, Stock Movements, and Currency Updates
WCG Markets:2023-09-13
WCG Markets:2023-09-13