Become part of the excitement surrounding the release of the new META app, but exercise caution.
The newest social media platform just released, and the Internet is jumping ship. Dubbed as the “Twitter Killer”, Threads is a text-based social media app launched by META.
WTI RISES AS US CRUDE OIL EXPORTS INCREASE AMIDST OPEC+ CUTS, YET ECONOMIC HEADWINDS LOOM
Western Texas Intermediate (WTI), the US crude oil benchmark, rose on Wednesday after Tuesday’s holiday in the United States (US), keeping prices almost unchanged due to thin volumes amidst US traders’ absence. Hence, WTI is trading at $71.86 per barrel, up by 1.28%, after hitting a daily low of $70.40.
Could the RBA Surprise with another rate hike?
In June, the Reserve Bank of Australia (RBA) surprised markets with a decision to hike rates by 25bps, taking the Australian cash rate to 4.10%. This was decided on the basis that further increases were required to provide greater confidence that inflation would return to the target range within a reasonable timeframe.
Allianz’s Subran Warns of Increased Risk of Policy Mistakes from Fed or ECB
Ludovic Subran, Chief Economist at Allianz, has warned of the potential for policy missteps by US or euro-zone policymakers as they seek to tighten monetary conditions.
The Silent Squeeze: Surging Interest Rates, Stalled Wages, and the Looming Threat to Australian Home
Numerous Australians look back upon the distressing late 1980s era, wherein interest rates skyrocketed to a staggering 17%, evoking a bitter sense of déjà vu. This period was marked by the squeezing of family budgets and the shattering of countless aspirations for owning a home against the unyielding wall of financial reality.
Weekly News 2023/07/03-2023/07/07
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
Mai hui MHmarkets: July 7, 2023-MHM European Perspective
Spot gold oscillated slightly higher during the Asian session on Friday (July 7) and is currently trading near $1914.30 per ounce.
Mai hui MHmarkets: July 7, 2023 - Fundamental Reminder
On Thursday, the expected hot "ADP" data pushed up expectations that the Federal Reserve will raise interest rates further, spot gold dived nearly $25 to a new 3-month low, eventually closing down 0.34% at $1910.88 per ounce.
07/07 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
07/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mai hui MHmarkets: July 6, 2023-MHM European Perspective
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.
JPY Down as Market Participants Focus on Potential Intervention
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.
Curb use of dollar Libor alternatives to Fed rate, says watchdog
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.
New Products Launch in July
We will be launching new products on July 10th, 2023, as mentioned in the table below.
Notification of Change in the Leverage of US Shares
In order to provide you with better trading experiences, the leverage of US shares
Mai hui MHmarkets: July 6, 2023 - Fundamental Reminder
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.
HFM Launches New Cent Account With Cent Balance
The broker continues to enhance its account types to ensure optimal client satisfaction.
Is CFD Trading the Cheapest Way to Buy Stocks, Crypto, and Gold?
Are you looking for a cheaper way to trade stocks, gold, and crypto? Step into the world of CFDs — affordable, accessible, and liquid. Discover why traders are flocking to this derivative product to speculate on asset prices.
What are Exotic Currency Pairs and How to trade them?
Major pairs are not the only currency combinations that can lead you onto a lucrative path to profitability. Some unusual and mysterious combinations exist beyond the realm of commonly traded forex pairs. Come and discover the captivating world of exotic currency pairs!
What are Cross Currency Pairs and How to Trade them?
Did you know you can trade currency pairs without involving the US dollar? Step into the realm of “Cross Currency Pairs / Cross Pairs” and discover new opportunities in forex trading beyond the popular EUR/USD, GBP/USD, and USD/JPY pairs.