MHMarkets ：MHM Today News
On Thursday, spot gold fell below the $2010 mark during the day and once to $2000, but eventually recovered some of the lost ground, closing down 0.63% at $2008.10 per ounce. Spot silver repeatedly up to $25, the U.S. session even surprised the V trend, and ultimately still failed to break the $25 barrier, closing up 0.12% at $24.97 per ounce. It is worth noting that gold is up more than 2% so far this week, and silver is expected to close higher for the fourth consecutive week.
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GEMFOREX Numbers Outlook – March 2023
As we enter the first month of the second quarter of the year, these are the GEM numbers of the month of March:
Mohicans markets：MHM European Market
Spot gold weakened slightly during the Asian session on Thursday (April 6), hitting a two-day low of $2007.89 per ounce and now trading near $2014.15. A series of weak economic data has fueled fears of an impending recession in the US, giving safe-haven support to the dollar. And some dollar shorts took profits, and gold bulls also took profits ahead of Good Friday and the non-farm payrolls data, putting pressure on gold prices.
Mohicans markets：MHM Today News
On Wednesday, as the less-than-expected March "ADP" data and non-manufacturing PMI data fueled market concerns about an economic slowdown and spurred bets that the Federal Reserve could slow interest rate hikes. Spot gold continued to brush a new high since March last year, which was the highest intraday to $2032.13 per ounce, and then retracted most of the day's gains, finally closing up 0.01% at $2020.82 per ounce; spot silver hovered around $25 during the day, finally closing down 0.21% at $2
04/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-04-06
WCG Markets:2023-04-06
US stocks decline as weak JOLTS data and Dimon comments spook investors
Energy shares led the way Monday as Wall Street began the week on a green note, and many overseas markets followed suit earlier Tuesday. Focus today is likely to be on the Job Openings and Labor Turnover Survey (JOLTS) data as US equities snapped a 4-day winning streak as the “bad news is good news” narrative for equities faltered in Tuesdays session.
Strong rise in oil turns everything upside down
Investors now await a series of US economic releases this week, including Tuesday's jobs opening data, Wednesday's ADP private payrolls report and Friday's monthly jobs report.
Afternoon Briefing 05 Apr 2023: Oil Rises on OPEC+ Production Cut
Asia markets mixed, New Zealand raised interest rates by 50 basis points.
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WEEKLY MARKET RECAP
In a speech on Saturday, ECB vice-president Luis de Guindos stated that the ECB is monitoring risks across the financial sector in order to maintain stability in the euro area.
Next shares slide on profits warning
Next has warned full price sales will fall around 1.5% this year and profits are set to drop 7.6% to £795 million.
An Introduction to Stock Market Indices
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04/05 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
What's happening with the US Dollar? Is it losing its dominance?
As several nations focus on enhancing their currencies, the dominance of the US dollar in the global monetary system is declining. Nouriel Roubini, also known as “Doctor Doom” for accurately forecasting the 2008 global financial crisis, recently warned that the dollar’s position as the primary reserve currency in the world is at risk. This warning is proving accurate, as the world's major emerging economies have agreed to ditch US dollar for trade!
04/04 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
GEMFOREX - weekly analysis
The week ahead: 5 things to watch
Scalping vs Day Trading: What are the Differences
Discover the differences between scalping and day trading in this informative blog post. Learn about their unique strategies, risks, and benefits to help you decide which trading style is best for you.