Market Review | July 18, 2024
In the intricate world of financial markets, choosing a reliable and efficient platform is crucial.
In general, investors need to closely monitor the Fed's policy statements, the release of economic data, and the development of global political and economic events in the coming period. In particular, if the Fed adjusts its monetary policy stance at the upcoming meetings, or conveys new policy signals at the Jackson Hole Central Bank Annual Meeting, this may have a significant impact on the market. At the same time, investors should also consider diversifying their investment portfolios, includ
Today's news highlights include major shifts in global markets and policies. The US and European markets react to inflation data, China's new monetary strategies aim to control the bond market, and significant changes in the corporate world with mergers and acquisitions. Key updates also cover international diplomacy, energy discoveries, and consumer spending trends. These developments reflect the dynamic nature of the global economic landscape.
On Tuesday (July 16th), due to higher than expected retail sales data, the US dollar index rose to 104.51 at one point.
he U.S. equity market continued its rally in yesterday's session, with the Dow Jones approaching its all-time high near the 41,000 mark. The Russell 2000 (US2000) small-cap index surged more than 10% since last Thursday, suggesting that strategists have been rotating their exposure to small-cap counters, which are more sensitive to interest rate changes.
Acclaim Again, GTCFX Garners Prestigious Award
Market Review | July 17, 2024
Market Review | July 17, 2024
GTCFX Holds Exclusive Closed-Door Meeting in Ho Chi Minh City, Vietnam, Sharing Market Insights
In the ever-evolving global economy, the intertwining influences of monetary policy and geopolitical factors are reshaping the future of the gold and crude oil markets. This spring, the gold market saw a significant uptrend unexpectedly, while Brent crude oil prices displayed surprising stability. These market dynamics not only reflect the complexity of the global economy but also reveal investors' reassessment of various asset classes.
Gold prices rise amid optimism for U.S. rate cuts, nearing all-time highs. Market sentiment is bullish as investors seek safe-haven assets. Fed Chair Powell's supportive remarks further boost gold’s appeal. Short-term gains are expected if the dollar weakens and rate cut bets continue.
Today's news covers significant economic and political developments globally. Key highlights include major political decisions, China's dual-track economy, changes in corporate policies, and notable market reactions. Other important updates involve bond markets, green bond issuances, and economic activity across various regions.
The U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points.
David Barrett, CEO of EBC Financial Group (UK) Ltd, in a recent interview with World Finance, discussed about EBC Financial Group’s strategic growth halfway into 2024, the regulatory landscape, and prospects in the global brokerage market.
Just2Trade was awarded Best Mobile Trading Platform 2024
EBC Financial Group has been honoured with two prestigious awards at the World Finance Awards 2024: Most Trusted FX Broker and Best CFD Broker.
Market Review | July 16, 2024
Market Review | July 16, 2024
GTCFX Chief Analyst Jameel Ahmad Discusses Gold Market Outlook at Zhengzhou Finance Expo