MHMarkets ：MHM European Market
In the early morning trading of the Asian market on April 24th Beijing time, the US dollar index slightly rose and is currently trading at around 101.72. The US dollar showed little change against major currencies last Friday as business activity data showed that the world's largest economy still has resilience, supporting the Federal Reserve's expectation of another 25 basis points rate hike at next month's policy meeting.
How Much Money Should You Earn To Rank Among The Top 1% Globally?
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How Could Web 3.0 Revolutionize Your Trading Experience
The next generation of the internet is here, and it’s called Web 3.0. This new version of the web will be more personalized, more interactive, and more intelligent than ever before. Web 3.0 is set to transform the way we interact with the digital world, and nowhere is this more evident than in the world of trading. Discover how it can enhance your trading experience significantly!
MHMarkets ：MHM Today News
Last Friday, the April U.S. manufacturing Markit PMI unexpectedly returned above 50 points above the divide between prosperity and decline, and services PMI are not falling but rising, respectively, which was a six-month and one-year high; comprehensive PMI stronger than expected, hitting a new high since May last year. Boosted by this strong data, the dollar index, which was once near a 1-year low during the day, jumped and returned to above the 102 mark. Although it then retreated and closed d
A Warm Ramadan Celebration by STARTRADER at Assaidah Orphanage - A Testimonial of Social Responsibility and Caring
Ramadan is a time of reflection, dedication and generosity. For STARTRADER, a company that values social responsibility and community engagement, this month presents an opportunity to make a difference in the lives of disadvantaged children at Assaidah Orphanage, Bogor, Indonesia - West Java. On Tuesday, April 11, 2023, from 6pm to 8pm (GMT+7 time), STARTRADER organized a special event to celebrate Ramadan and show love to children.
STARTRADER held the third "AIM TO REACH" seminar in Thailand
On April 22, 2023, the third AIM TO REACH seminar hosted by STARTRADER was grandly held at Prajaktra Design Hotel in Udon Thani Province, Thailand. The event attracted many investors and financial industry experts to discuss techniques for finding price disruption points. As an innovative company focusing on financial services, STARTRADER aims to provide high-quality financial services. This seminar aims to further expand customer resources, share industry experience, and bring rich professional
MHMarkets ：MHM European Market
Spot gold was shaky and weaker during the Asian session on Friday (April 21) and is currently trading at $1995.64 per ounce. Gave back most of the overnight gains as more Fed officials reiterated their views on further rate hikes ahead of a quiet period, causing market expectations of a Fed rate cut within the year to fade, providing support to the dollar. This caused the positive impact of the less-than-expected initial claims data to fade, and gold prices are expected to remain at risk of shak
MHMarkets ：MHM Today News
On Thursday, spot gold oscillated higher, once above the $2010 mark, then fell, but stabilized above the round number mark, finally closing up 0.58% at $2004.81 per ounce. Spot silver oscillated in the range and finally closed up 0.1% at $25.28 per ounce.
Demo Trading Interview with T4Trade
At the conclusion of the highly anticipated Demo Trading World Cup event hosted by WikiFX, we had the pleasure of sitting down with T4Trade, one of the event sponsors, to discuss their experience and insights.
MHMarkets ：MHM European Market
On Thursday (April 20), spot gold shock slightly down during the Asian session and is currently trading near $1992.25 per ounce. A number of Fed officials have signaled further interest rate hikes this week, with Fed "number three" and New York Fed President Williams highlighting signals for further rate hikes on Thursday morning. Market expectations for the Fed to reduce interest rates during the year has cooled and continue to provide support to the dollar U.S. bond yields, which put pressure
MHMarkets ：MHM Today News
On Wednesday, spot gold V-shaped reversal, the deepest intra-day touch of $1969.26 per ounce, down more than $50 from the daily high; then it quickly pulled up to recover some of the losses, but stopped below the 2000 mark, and finally closed down 0.51% at $1994.76 per ounce. Spot silver once fell more than 2%, bottoming out more strongly than gold, and finally reversed the decline, closing up 0.32% at $25.29 per ounce.
Market Closure in April
Please refer to the following table for the changes in the trading hours during the month of April 2023. The time and date mentioned in this notification are the system time (GMT +3) and are subject to change. For up to date information, please refer to the information on our trading platform.
STARTRADER Ramadan Seminar was successfully held, delivering trading opportunities for Egyptian investors!
As one of the fastest growing brokers in the world, STARTRADER successfully held a seminar at the Conrad Hotel in Cairo, Egypt. The seminar attracted a large number of new and old customers and IBs, who were eager to understand the advantages of working with STARTRADER and the potential opportunities brought by cooperation with such a reputable broker.
04/19 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM European Market
Spot gold oscillated narrowly during the Asian session on Wednesday (April 19) and is currently trading around $2002.13 per ounce. The U.S. dollar index has stabilized, making bulls wary. Overnight St. Louis Fed President Bullard said the Fed should continue to raise interest rates, with a preference for a hike to the 5.50-5.75% range. Several other Fed officials also spoke to the hawkish side, the Fed's May rate hike is expected to grip the market; U.S. bond yields held at several weeks high, g
MHMarkets ：MHM Today News
On Tuesday, spot gold as a whole oscillated to the upside, once falling heavily near the 1990 mark under Bullard's hawkish shouting; But then it pulled up strongly and surged nearly $20 from the intra-day low to regain the 2,000 mark, eventually closing up 0.56% at $2005.33 per ounce. Spot silver moved similarly, touching an intraday high of 25.313, before falling in late trading and eventually closing up 0.73% at $25.2 per ounce.
OPEC production cuts to boost future inflation
Recall that Energy prices across the globe surged last year when Russia invaded Ukraine, fueling global inflation just as the world’s major economies were beginning to rebalance after the pandemic.
EUR/USD ADVANCES, RECLAIMING 1.0950 ON US DOLLAR WEAKNESS, DESPITE HAWKISH FED COMMENTS
EUR/USD found support around 1.0940 and rose toward the 1.0970 area during a quiet American session. The US Dollar is falling after a two-day rally, amid a decline in the 10-year Treasury Yields and a mixed performance in US stock markets. Hence, the EUR/USD is trading at 1.0961 after hitting a low of 1.0920.
Wealth Secrets 101: How to Build Wealth in Your 20s for a Richer 30s?
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BoE to raise rates once more in May but decision a close call
The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate lift in May, according to a Reuters poll of economists who said the bigger risk was inflation being higher than they expect.