Gold prices advanced on Thursday after the Federal Reserve (Fed) embarked on an easing cycle with a 50-basis-point (bps) rate cut. Traders ignored the rise of US Treasury yields, which correlate inv
The Week Ahead: Week of 23 September (GMT+2)Feds Jumbo Rate Cut, Market Set To RattleMonday, 23 September 2024, 15:45US Manufacturing PMI (Sep) The SP Global US Manufacturing PMI was revised slightly
Summary: The Federal Reserve is expected to implement its first interest rate cut in four years, a decision that has captivated global markets and sparked debate over the scale of the cut. Jameel Ahma
Embracing the U.S. ElectionAs the U.S. election season approaches, AUS GLOBAL was invited to attend a high-profile gala hosted by former U.S. President Donald J.Trump. The event took place on Septembe
Market SummaryThe Federal Reserves monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in
Market OverviewThe FOMC called for a 50 bps rate cut. This supersized cut issued a sudden burst of strength in demand for GOLD, but was quickly doused by FED Chair Powells remarks.Chair Jerome Powell
Market OverviewThe FOMC called for a 50 bps rate cut. This supersized cut issued a sudden burst of strength in demand for GOLD, but was quickly doused by FED Chair Powell’s remarks.Chair Jerome Powell
Product: XAU/USDPrediction: IncreaseFundamental Analysis:Gold prices fluctuated within the $2,550-$2,600 range during the North American session after the Federal Reserve (Fed) cut rates by 50 bps. Th
Summary: Global markets experienced significant fluctuations on Wednesday after the release of US inflation data. GTC Chief Analyst Jameel Ahmad highlighted that this week’s frequent market volatility
Dollar ceded while Wall Street stood pat ahead of the FOMC interest rate decision.Japanese Yen eases on soft trade data, boosting Nikkei higher. BTC reversed the bearish trend ahead of Feds monetary p
Market OverviewU.S. Core retail sales appeared lower than usual at 0.1%, while overall Retail sales appeared at 0.1%, better than the expected -0.2% but worse than last month's release at 1.1%.This we
Market OverviewU.S. Core retail sales appeared lower than usual at 0.1%, while overall Retail sales appeared at 0.1%, better than the expected -0.2% but worse than last months release at 1.1%.This wea
Following recent success at the Finance Magnates Pacific Summit in Australia earlier this month, multi-asset Forex and CFD broker, FP Markets, was presented with three coveted Global Forex Awards at a
On September 7th, the “Deeper and Richer—WikiEXPO 2024 Thailand” concluded successfully. Leading figures from the global financial industry, renowned entrepreneurs, and thought leaders gathered to sha
Market AnalysisGOLD - GOLD has stayed stagnant on new highs, with a high chance of showing a correction and a return lower. We wait for further trading before confirming market direction. The supply a
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US Dollar Dips as Federal Reserve Rate Cut Looms – Investors are bracing for a possible 50-basis-point rate cut at the Federal Reserves upcoming meeting.Oil Prices Climb on Hurricane Disruptions in th
Market AnalysisGOLD - GOLD has stayed stagnant on new highs, with a high chance of showing a correction and a return lower. We wait for further trading before confirming market direction. The supply a
The dollar eases to a weekly low while Wall Street gains ahead of Wednesdays Fed interest rate decision. Gold surged to an all-time high on the weakening dollars strength.Market SummaryU.S. Dollar (US
Market OverviewThis week, major market data is set to be released, with the focus on the Federal Reserve's (FED) rate cut decision on Thursday. Traders are split on the size of the cut; a 50-bps cut c