08/23 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
CWG Empowers Local Financial Markets at Nigerian Financial Summit
CWG Markets hosted a distinguished financial summit in Nigeria. The summit served as a platform to unveil CWG's innovative products and strategic vision for the Nigerian market.
Innovation and Resilient Hub - A Visit to CWG Kuala Lumpur Office
As one of Asia's most important financial centers, Kuala Lumpur, Malaysia, is renowned for its financial status in the region, attracting numerous international financial institutions to establish their presence.
CWG Markets honored as the Best CFD Trading Platform across Hong Kong
DUBAI, UNITED ARAB EMIRATES, June 1, 2023/EINPresswire.com/ -- CWG Markets, a London-based global financial online trading provider has been awarded as ‘The Best CFD Trading Platform Hong Kong, 2023’by International Business Magazine.
Enjoy Convenient Payments! CWG Launches PayRetailers Payment Gateway, Empowering Users for Effortless Online Trading.
CWG Markets, a global leading online trading platform, has always been committed to providing users with comprehensive and high-quality investment options and professional trading services to meet their growing trading needs.
MHMarkets：The dollar rose slightly, the euro was significantly weak, and US crude oil continued to weaken!
Spot gold rose slightly in Asia on Wednesday (August 23), trading near $1,902.74 / oz ahead of the Jackson Hole annual meeting. The market is in a more bearish mood, with the dollar index and Treasury yields falling, with the dollar index moving away from a near 2-1/2-month high and the 10-year Treasury yield moving away from a near 16-year high hit on Tuesday, providing support for gold. Gold was also supported by some bargain hunting after it stabilized below 1,890.
MHMarkets：August 23, 2023 - Fundamental Reminder
Spot gold remained near a five-month low on Tuesday, briefly breaking through the 1,900 mark in Europe before giving up nearly all of its gains and recovering slightly in late trade to end up 0.18% at $1,897.41 a Troy ounce. Spot silver traded in a narrow range above the 23 mark before settling down 0.31 percent at $23.28 per ounce.
Lirunex Empowers Traders in China, Thailand, and Vietnam with Comprehensive Trading Services
As part of its mission to expand its reach across the APAC region as disposable income in the region grows, Lirunex aims to provide traders with a comprehensive and regulatory-compliant platform to access global financial markets.
The US dollar rose on Tuesday, approaching the two month high position that hit last week Gold prices hovered around a five month low as the strengthening US dollar and rising bond yields weakened its attractiveness
The US dollar rose on Tuesday, approaching the two month high position that hit last week Gold prices hovered around a five month low as the strengthening US dollar and rising bond yields weakened its attractiveness
WCG Markets:2023-08-23
WCG Markets:2023-08-23
MHMarkets：Dollar is weak and the silver rose, the United States crude oil rushed down!
Spot gold traded in a narrow range around $1,895.18 an ounce on Tuesday in Asia, with bargain hunting supporting prices but growing views that the Federal Reserve will keep interest rates high for longer as the US economy remains resilient. The 10-year yield has hit its highest level since the financial crisis in 2007, giving bulls pause.
MHMarkets：August 22, 2023 - Fundamental Reminder
Spot gold remained choppier on Monday, hitting as high as 1,898.83 before settling up 0.25% at $1,894.76 an ounce as investors awaited Powell's speech at the Jackson Hole annual conference on Friday. Spot silver came out of the independent market, standing above the 23 mark, and finally closed up 2.28 percent at $23.32 an ounce.
The US dollar fell on Monday, ending the previous five weeks of continuous gains Gold prices hover around a five month low, the US Treasury yields rising put pressure on gold
The US dollar fell on Monday, ending the previous five weeks of continuous gains Gold prices hover around a five month low, the US Treasury yields rising put pressure on gold
08/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
08/21 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Weekly News 2023/08/14-2023/08/18
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
MHMarkets：Dollar consolidated in a small range, precious metals and non-US currency is weak while the US crude oil continued to strengthen!
Spot gold bottomed out in Asia on Monday (August 21) after earlier hitting a fresh more than five-month low of $1,884.70 per ounce, pressured by concerns that the Federal Reserve will keep interest rates at higher levels for longer, with the dollar index holding near a more than two-month high and US Treasury yields recouped most of Friday's losses.
MHMarkets：August 21, 2023 - Fundamental Reminder
On Friday, spot gold traded in a near-$10 range before edging up 0.03% to $1,889.42 an ounce, its fourth straight week of declines as high U.S. Treasury yields weighed on the non-interest-bearing metal. Spot silver at last check rose 0.28 percent to $22.75 an ounce, but still suffered its biggest weekly drop in nearly two months.
Forex Trading: What Makes Geeks Great Forex Entrepreneurs
The geek culture has come out of the basement already and they’re into the mainstream now. Some of the most successful people in business today are geeks & nerds, and that trend only continues as the digital age is heading towards new peaks. Geeks are known for their ability to overcome challenges smartly, which makes them successful in any venture they pursue, especially in Forex trading.
Weekly Market Outlook: Focus on BRICS Summit, Flash PMIs, and Jackson Hole Symposium
Weekly Market Outlook – Get ready for a relatively quiet week on the economic front, with the spotlight shining on the business surveys and the highly anticipated Fed’s annual economic symposium. Brace yourself, as Chairman Powell’s signals about interest rates could determine the fate of the almighty dollar! With US yields on the cusp of a breakout, this event will be one you don't want to miss!