Just2Trade was awarded Best Mobile Trading Platform 2024
Just2Trade was awarded Best Mobile Trading Platform 2024
EBC Financial Group Recognised as "Most Trusted FX Broker" and "Best CFD Broker" at World Finance Awards
EBC Financial Group has been honoured with two prestigious awards at the World Finance Awards 2024: Most Trusted FX Broker and Best CFD Broker.
Economic Spotlight Today
Market Review | July 16, 2024
Investment News for Today's Markets
Market Review | July 16, 2024
GTCFX Chief Analyst Jameel Ahmad Discusses Gold Market Outlook at Zhengzhou Finance Expo
GTCFX Chief Analyst Jameel Ahmad Discusses Gold Market Outlook at Zhengzhou Finance Expo
The market continues to digest US inflation data, and the US dollar fell last Friday Gold closes above $2,400, facing strong resistance for further gains
Last Friday (July 12th), due to the lower than expected US June CPI report data, market expectations for the Federal Reserve's interest rate cut heated up.
【MACRO Alert】 Political Violence Shakes the Dollar and Financial Markets!
【MACRO Alert】 Political Violence Shakes the Dollar and Financial Markets!
High Volatility Economic Events for This Week (GMT+8)
This week, key economic events expected to generate high volatility include China's Q2 GDP and retail sales data, impacting CNY. The US will release Core Retail Sales and Philadelphia Fed Manufacturing Index, affecting USD. The UK's CPI data will influence GBP, and the ECB Interest Rate Decision and Press Conference will impact EUR. These events will drive significant market movements due to their influence on monetary policy and economic outlooks.
Global Economic : Key Highlights
Today's news highlights global economic and market developments, including Biden's call for calm, China's economic performance, the attempted assassination of Trump, major corporate acquisitions, and international financial markets. Significant updates also include geopolitical dynamics, cultural trends, and sports achievements.
EBC Financial Group Partners with Taiwan Early Childhood Intervention Association to Support Early Childhood Development
EBC Financial Group (EBC) is partnering with Taiwan Early Childhood Intervention Association to provide vital early intervention for children in need.
U.S. Geopolitical Issue Boost Dollar’s Strength
The U.S. presidential race as candidate Donald Trump was shot at a campaign rally in Pennsylvania, intensifying geopolitical uncertainty across markets.
Today's Economic Updates
Market Review | July 15, 2024
Today's Global Economic Outlook
Market Review | July 15, 2024
Inflation Watch: CPI Data Unveiled Across Countries
In May, Canada's Consumer Price Index rose by 0.6%, surpassing both market forecasts of 0.6% and the previous figure of 0.5%. Statistics Canada attributes this increase primarily to higher food prices, especially for wheat-based products, which exerted notable inflationary pressures. The latest U.S. retail sales data for May 2024 shows a modest 0.1% month-over-month increase, a slight improvement following the previous month's 0.2% decline. This growth is driven by a gradual rise in sales...
【MACRO Insight】US June CPI Data Announcement - Triggering Fed Rate Cut Expectations and Yen Volatility
Portfolio Manager Leah Traub said that if the US and Japanese policies do not change, the yen is unlikely to continue to strengthen. Currently, the yield difference between 10-year US and Japanese government bonds is still far above the average level of the past decade. Although the Bank of Japan has raised the short-term policy rate, the market sentiment towards the yen is still low, and the bearish yen positions are dominant. Data from the Commodity Futures Trading Commission shows that specul
Dollar Plummet on Soft CPI
The highly anticipated U.S. CPI report met expectations with a figure below market consensus, shaking up financial markets. The dollar plummeted to its lowest level since last month amid heightened speculation of a dovish Fed stance.
XAU/USD Post-CPI Data Analysis
Gold prices surged post-CPI data, hitting a third consecutive weekly gain and surpassing $2,400, driven by expectations of Fed rate cuts. Positive sentiment and global economic uncertainty boost gold's appeal as a safe haven. Despite minor pullbacks, the overall trend remains bullish with short-term volatility anticipated.
Global Economic and Market Developments: Key Highlights
Today's news highlights global economic and market developments. Key points include discussions on Biden's press conference, Nvidia and Tesla stock movements, US inflation cooling, China's grain production efforts, and major updates from companies like Apple and OpenAI. Global geopolitical dynamics and significant financial decisions in France and Chile round out the day's highlights.
Investment Opportunities Today
Market Review | July 12, 2024
Insights into Today's Markets
Market Review | July 12, 2024