The GBP/USD pair attracts some dip-buying around the 1.2655 area during the Asian session on Monday and for now, seems to have stalled its retracement slide from the vicinity of the 1.2800 mark, or a near four-month peak touched last week. Spot prices climb to a fresh daily high, around the 1.2685 region in the last hour and draw support from a combination of factors.
After several months of stock market rollercoaster on Uber's shares, the company's shares has managed to rise this year, up nearly 150%, making its return comparable to Bitcoin. Now, Uber is at a turning point. Recently, it managed to reach profitability, and now the company faces a great opportunity. On December 18, this year, Uber will join the 'elite' group of companies listed on the largest U.S. index, the S&P 500, where it will replace Sealed Air Corp.
Asian stock markets are presenting a diverse performance as investors exhibit caution in anticipation of the upcoming US Consumer Price Index (CPI) data. This significant economic indicator is poised to reveal vital insights into inflationary trends in the United States, with the annual CPI expected to slightly decrease to 3.1% from 3.2%. In comparison, the Core CPI is projected to stay stable at 4.0%. These figures are crucial for gauging inflationary pressures in the U.S., and the global investment community highly anticipates their release.
Traders in the financial markets have so much to consider when choosing an asset and direction. With the world economy complicating forex more than usual right now, many might prefer the straightforward research of stock trading.
WCG Markets:2023-12-18
AUS Global, was recently went on a remarkable trip to Spain to celebrate its sponsorship with Real Betis. The company was treated to an unforgettable matchday experience, including a VIP viewing of the thrilling Real Betis vs. Real Madrid game
The Federal Reserve's stance is relatively dovish, and the US dollar index continued to plummet significantly yesterday
At the end of the Asian market on Friday (December 15), the last "interest rate night" of 2023, the Fed kept interest rates unchanged as expected by the market. The Fed Chairman Powell also changed his previous "hawkish" stance, stating that "interest rate cuts" have begun to enter the field of vision.
On Thursday, the market continued to understand the Fed's dovish stance, U.S. bond yields continued the downtrend, 10-year U.S. bond yields fell below the 4% mark, and ultimately closed at 3.923%, setting the lowest level since July; more sensitive to the Fed's policy rate of the two-year U.S. bond yields closed at 4.386%.
外汇,英镑,美元,欧元,原油,黄金,白银,美股, XAU/USD,AUD/USD,EUR/USD,XAG/USD,GBP/USD,NZD/USD, USD/CHF, USD/CAD, USD/JPY
Key Market Movements: Dow Jones and S&P 500 Climb, Tech Stocks Diverge, and Forex Fluctuations in Focus
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Wednesdays FOMC meeting was always going to be about whether we’d see a hawkish pushback against market expectations of a dovish Fed in 2024, or a validation of those expectations, from the market reaction to the meeting, traders decided the latter is the conclusion.
West Texas Intermediate (WTI) has recovered additional ground on Thursday, extending a rebound sparked by a dovish pivot from the US Federal Reserve (Fed) on Wednesday that saw a broad-base market sentiment recovery, kicking off recovery rallies in the majority of asset classes and forcing the US Dollar (USD) into fresh lows.
California-based crypto exchange CoinList (CLM), which allegedly processed 989 transactions on behalf of users ordinarily resident in Crimea, has agreed to pay $1,207,830 to settle its potential civil liability.
WCG Markets:2023-12-15
On Wednesday, U.S. bond yields fell across the board as a result of the Fed's apparent dovishness, with the 10-year U.S. bond yield narrowly avoiding the 4% mark and eventually closing at 4.024%;
When entering the world of investment to operate financial products, it is essential to educate our knowledge, making it progressive and gradual. In technical analysis there is nothing more basic and essential than identifying the trend in which we are going to operate. Regardless of the terms in which we want to do it (long, medium or short) it is essential to identify the types of trends in technical analysis.
The Financial Accounting Standards Board (FASB) has amended the accounting standards for and disclosure of crypto assets, as highlighted in the accounting standards update on December 13.
FOMC holds rates steady and sees cuts next year