Daily Summary: Apple's ATH valuation contributes to a record return from Nasdaq!
The PCE Core inflation came in slightly lower than before and below expectations at 4.6% YoY (expected 4.7% YoY), leading to further weakness in the dollar. EURUSD rose close to the 1.10 level, although the largest moves against the US dollar were seen in recently oversold currencies such as NZD and SEK.
CHANGES IN TRADING SCHEDULE ON JULY 3–4
Freshforex broker that is offering traders with products you would like to trade on, such as Forex, CFD and Crypto for your best choice. Is hereby announcing the change of some trading hours for their products as a result of Independence Day in US on 4th July. Therefore, clients are advised to be aware of the changes.
Australian commodities exports surge to record $300 bln, but set to tumble
Australian resource and energy exports climbed 9% to a record A$460 billion ($300 billion) in the financial year just ended, but are forecast to slide over the next two years as some energy prices have dropped back to levels last seen before Russia invaded Ukraine.
Mai hui MHmarkets: July 3, 2023-MHM European Perspective
Spot gold oscillated narrowly during the Asian session on Monday (July 3) and is currently trading near $1917.06 per ounce.
Mai hui MHmarkets: July 3, 2023 - Fundamental Reminder
On Friday, spot gold once down near the $1,900 mark, the U.S. market slightly softened expectations of a rate hike at the next Fed meeting due to a slightly higher-than-expected drop in core PCE
07/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
AUS GLOBAL will increase the leverage ratio of some products.
AUS GLOBAL listens to the valuable opinions of our customers and creates more satisfying products and services. AUS GLOBAL has made an important decision to double the leverage ratio of some products.
AUS GLOBAL will increase the leverage ratio of some products
AUS GLOBAL listens to the valuable opinions of our customers and creates more satisfying products and services. AUS GLOBAL has made an important decision to double the leverage ratio of some products.
Notification of Adjustment in Trading Hours of Some Products
Due to temporary system maintenance, the trading hours of some products will be adjusted on Saturday 1st July 2023.
Mai hui MHmarkets: June 30, 2023-MHM European Perspective
Spot gold traded in a narrow range during Asian hours on Friday (June 30), trading near $1,905.44 an ounce.
Mai hui MHmarkets: June 30, 2023 - Fundamental Reminder
On Thursday, on the back of a series of strong U.S. economic data, spot gold briefly fell nearly $20 in premarket trading, briefly falling below the 1,900 mark for the first time since mid-March, before strongly recovering all losses to end up 0.04 percent at $1,908.15 an ounce.
Market Closure in July
Please refer to the following table for the changes in the trading hours during the month of July 2023.
WCG Markets:2023-06-30
WCG Markets:2023-06-30
Mai hui MHmarkets: June 29, 2023-MHM European Perspective
Spot gold tumbled to a new low of nearly three and a half months to $1902.70 per ounce in Asia on Thursday (June 29) and is now trading near $1,904.19 per ounce.
Mai hui MHmarkets: June 29, 2023 - Fundamental Reminder
Spot gold fell sharply on Wednesday as Powell reiterated his hawkish stance, falling below the 1,910 mark and hitting a near four-month low before settling down 0.32 percent at $1,907.46 an ounce. Spot silver settled down 0.7% at $22.69 an ounce.
Mai hui MHmarkets: June 28, 2023-MHM European Perspective
Spot gold traded in a narrow range during Asian hours on Wednesday (June 28), currently trading near $1,915.78 an ounce. Bullish U.S. economic reports that made a strong case for higher interest rates weighed on gold prices, though traders awaited hints from Fed Chair Powell and more economic data to determine the path of future rate hikes.
Mai hui MHmarkets: June 28, 2023 - Fundamental Reminder
On Tuesday, spot gold rose, then fell, and was again blocked at the 1930 mark. On the strong U.S. economic data, gold fell nearly $20 in U.S. trading, threatening to defend the 1,910 mark, before settling down 0.5 % at $1,913.67 per ounce. Spot silver was blocked at the $23 mark and ended up 0.29 %,
FP Markets Awarded 'Best Trade Execution' and 'Most Transparent Broker' at the Ultimate Fintech Awards APAC 2023
23 June 2023 - FP Markets, a leading Forex and CFDs broker, has been crowned ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the prestigious Ultimate Fintech Awards APAC 2023 on 23 June.
WCG Markets:2023-06-28
WCG Markets:2023-06-28
Nasdaq dips amid mega tech’s retreat, Tesla sheds 6%
The tech-led rally on Wall Street came to a pause, resulting in pressure on the market. Major mega-cap stocks withdrew from their recent highs, leading to a sector rotation and a broad selloff in growth stocks. As a consequence, the Nasdaq experienced a dip after recording its first weekly loss in nine weeks.