【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Spot gold rose slightly and is currently trading near $1919.40 per ounce. International trade tensions have provided some safe-haven support to gold prices.
According to market data on July 4, the trading range for USD/JPY was observed to be between 144.20 and 144.71. As of the time of reporting, it was trading at 144.50, indicating a decline of 0.11 percent during the day.
On Monday, a global securities watchdog highlighted the necessity for imposing limitations on the utilization of four dollar-denominated alternatives to the recently abolished Libor interest rate. The objective behind these restrictions is to safeguard financial stability rather than introducing a potential menace to the global financial landscape.
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On Wednesday, spot gold gave back all of its intraday gains and ended down 0.51% at $1,915.18 per ounce as the minutes of the Fed's policy meeting last month reinforced expectations that interest rates will remain higher for longer.
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During the Asian session on Wednesday (July 5), spot gold oscillated in a narrow range near its near one-week high and is currently trading near $1,924.30 per ounce.
On Tuesday, the market traded relatively lightly due to the U.S. Independence Day holiday. Spot gold moved higher for the second consecutive session this week, closing up 0.24% at $1,926 per ounce.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
ATFX has announced its acquisition of Rakuten Securities Australia Pty Ltd ("RSA"), a subsidiary of Rakuten Securities, Inc.
In a recent appearance on CNBC Arabia, Hani Abuagla, the Chief Market Analyst at AUS Global, provided a comprehensive analysis of the tech companies’ investments in the Indian market. With a keen focus on industry giants like Amazon and Micron Semiconductors, Hani shed light on the growing significance of the Indian tech sector and its implications for global investors.
In a recent appearance on CNBC Arabia, Hani Abuagla, the Chief Market Analyst at AUS Global, provided a comprehensive analysis of the tech companies’ investments in the Indian market. With a keen focus on industry giants like Amazon and Micron Semiconductors, Hani shed light on the growing significance of the Indian tech sector and its implications for global investors.
WCG Markets:2023-07-05
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
The first Friday of the month brings with it the monthly non-farm payrolls, a defining economic report for the US. While inflation data may currently be trumping the employment numbers in importance, there is always widespread excitement about the jobs release.