Weekly News 2023/10/30-2023/11/03
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
11/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：US bond prices surged, with yields falling to a three-week low.
At the end of the Asian market on Friday (November 3), the benchmark 10-year US Treasury yield further fell to a three week low on Thursday.
MHMarkets：November 03, 2023--Fundamental Reminder
Global bond yields fell on Thursday (Nov 2) after the Bank of England also paused rate hikes for two straight meetings following a dovish interpretation of the US Federal Reserve's policy meeting, pushing up global stocks and weighing on the dollar index's move.
New Products Launch in November
We are pleased to announce that STARTRADER will launch new products of US Stocks on November 6th, 2023 to provide clients with a broader portfolio of products.
Announcement on Demo Server Upgrade and Trading Suspension
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.
Market Closure in November
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
Risk appetite rebounded after the Federal Reserve's decision, leading to a rise in US stock markets Waiting for tonight's employment report
Beginner Tips for Gold Technical Analysis - Forex4you
Are you interested in trading gold? Forex4you will provide you 6 tips for gold technical analysis, which each beginner or novice should know.
WCG Markets:2023-11-03
WCG Markets:2023-11-03
11/02 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：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.
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.
MHMarkets：November 02, 2023--Fundamental Reminder
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
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
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
WCG Markets:2023-11-02
The Global Dominance of the US Dollar (USD)
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.
Release of a Number of Key US Economic Data in the Midst of the Israel - Hamas Conflict Which Contro
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.
11/01 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The Fed will release its latest interest rate resolution at 02:00 on Thursday morning, and the market is currently widely expecting the Fed to maintain interest rates unchanged.
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.