Market Review | May 13, 2024
The Producer Price Index, which is an important gauge of wholesale-level inflation, increased by 2.1% over the 12 months leading up to March. This marks a rise from the 1.6% gain observed in February, representing its most substantial increase since April 2023. In March, consumer prices in the U.S. rose beyond expectations as consumer price index increases 0.4% in March, driven by higher costs for gasoline and rental housing. In March, U.S. retail sales surpassed expectations, with Core Retail..
On Thursday (May 9th), the higher than expected increase in initial jobless claims in the United States last week strengthened market bets that the Federal Reserve will cut interest rates later this year.
the dollar's upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseen since last November.
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Marius is excited to visit Dubai!
FPG Fortune Prime Global (FPG), an Australian-based regulated provider of CFDs and forex trading services, has issued a public advisory concerning the unauthorised replication of its platform by a fraudulent clone website.
FPG not only solidified its position as a local enterprise but also strengthened its cooperative relationships with other well-known businesses such as Melbourne Today,
Market Review | May 10, 2024
DBG Markets was specially invited to exhibit, showcasing its substantial expertise and innovative capabilities in global financial services.
CWG Commodity Futures Delivery Time
On Wednesday (May 8th), the US dollar index fluctuated around 105.5 and ultimately closed up 0.13% at 105.51.
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Market Review | May 9, 2024
On Tuesday (May 7th), the US dollar index steadily rose, dropping to an intraday low of 105.04 before the US market.
the U.S. Dollar Index (DXY) has experienced a resurgence, presently holding above the 105 mark. This strength is supported by a hawkish tone from Federal Reserve officials.
Market Review | May 8, 2024
Market Review | May 8 , 2024
Market Review | May 8, 2024
On Monday (May 6th), the US dollar index briefly fell below the 105 mark, but later regained all lost ground and turned higher