Today’s Economic Outlook
Market Review | June 27, 2024
Market Insights Today
Market Review | June 27, 2024
【MACRO Insight】Recent Bloomberg survey warns of high leverage and exchange rate volatility in the Japanese stock market—caution urged for potential central bank market adjustments!
Overall, most economists predict that the Bank of Japan may raise interest rates in July and announce a quantitative tightening plan, while remaining cautious about the risks of high leverage in the stock market and fluctuations in the yen exchange rate. Despite a 12% decline in the yen this year, Japanese officials have only issued verbal warnings, with expectations that they will decide on forex market intervention based on Friday's US PCE price index. Economists and analysts urge investors to
CWG Markets Invites You to Attend the 2024 Paris Olympics!
CWG Markets invites users to attend the 2024 Paris Olympics with a luxurious viewing package, including tickets to the opening ceremony, closing ceremony, and multiple top-tier events. This is an excellent opportunity to experience a top sports extravaganza by winning through trading!
Dollar Strengthen on Upbeat Economic Data
On the back of the upbeat CB Consumer Confidence reading of 100.4, several Fed governors issued hawkish comments on upcoming monetary policy, which ultimately bolstered the dollar's strength. Despite the Fed's hawkish outlook, the U.S. equity market rallied, driven by Nvidia, the AI bellwether company, which rose approximately 7%, fueling gains in the Nasdaq and S&P 500
Market Updates Today
Market Review | June 26, 2024
Today's analysis: XAU/USD Drops as U.S. Bond Yields Rise and Hawkish Fed Comments Emerge
U.S. bond yields rose, and the dollar recovered after hawkish Fed comments, causing gold prices to fall from $2,334. The Fed expects high inflation to persist, delaying rate cuts. Traders await the PCE Price Index. Gold's next support is $2,300, with potential declines to $2,277 and $2,222. Recovery to $2,350 targets resistance at $2,387 and $2,400, but the bearish trend holds below $2,340.10, aiming for $2,272.06.
Market Watch for Today
Market Review | June 26, 2024
Trademax Australia Limited Announces Revocation of Interim Stop Orders
Trademax Australia Limited Announces Revocation of Interim Stop Orders
【MACRO Aler】NVIDIA and computing power assets fluctuate, employment and housing are said to be weak! Yet Yellen remains optimistic about the US economy?
NVIDIA，computing power assets，employment ，housing
The market is concerned about political risks in multiple countries, and the US dollar fell after being hindered from rebounding on Monday Gold rebounded after a sharp drop, with market attention turning to US inflation data
On Monday (June 24th), the US dollar index slightly fell, but remained near a new eight week high, ultimately closing down 0.32% at 105.41
FP Markets Adds Two More Industry Benchmark Awards to Its Collection
Extending its winning streak, global multi-asset Forex and CFD broker, FP Markets, was crowned ‘Most Transparent Broker’ and also took home ‘Best Trading Conditions’ for the second year in a row at the highly anticipated Global Ultimate Fintech (UF) Awards 2024. Following last year’s ‘Most Trusted Broker’ acknowledgement and the ‘Best Trade Execution’ award received in 2022, the FP Markets trophy cabinet now includes five esteemed Global UF Awards.
Gold Edge Higher on Soft Dollar
In the commodity market, gold and oil prices edged higher in the last session mainly due to the easing of the dollar.
The Ultimate Guide to the Buy-and-Hold Strategy in Forex
Investing in forex can be a thrilling journey, but without the right strategies, it can also be a challenging one. One of the most reliable approaches in the forex market is the buy-and-hold strategy. This long-term investment method is favored by both beginners and experienced traders alike. In this blog, we'll delve into the intricacies of the buy-and-hold strategy in forex trading, and how you can leverage it effectively.
Today’s Market Pulse
Market Review | June 25, 2024
Today's Financial News
Market Review | June 25, 2024
Today's analysis: XAU/USD Set for Gains as US Bond Yields Drop and Fed Rate Cut Expectations Rise
Gold prices are rising near $2,315 as US bond yields decline, with expectations of two Federal Reserve (Fed) rate cuts this year due to easing inflationary pressures. The CME FedWatch tool indicates a 66% probability of a rate cut in September, with further cuts expected in November or December. However, the Fed's own projections suggest only one rate cut this year, as policymakers seek sustained inflation declines before normalizing policy.
Mastering Forex Trading Analysis: Choosing the Best Method
Forex trading is a dynamic and complex field that requires a strategic approach to maximize profits and minimize risks. With the rise of digital platforms, traders now have access to advanced tools and resources for making informed decisions. In this comprehensive guide, we’ll explore the best methods of analysis for forex trading.
【MACRO Insight】The Historical Low of the Japanese Yen Exchange Rate - The Complex Interaction of Government Intervention and Central Bank Policies
The Japanese government is ready to intervene in the currency market at any time to stabilize the yen, despite facing pressure from the United States' currency watch list. As the yen exchange rate approaches its historical low, the government has implemented large-scale intervention. The Bank of Japan is considering raising interest rates when the inflation rate rises to 2.5%, but there is disagreement within the bank. The depreciation of the yen has a positive impact on inflation, but it also i
Japan Warns for Market Intervention to Protect Yen
Japan's top currency official has heightened concerns by stating that Japanese authorities are prepared to intervene in the currency market around the clock if necessary.