WCG Markets:2023-11-30
WCG Markets:2023-11-30
MHMarkets：Fed hawkish officials became "dove", and the dollar index hit a three-month low.
At the end of the Asian market on Wednesday (November 29), two hawkish Fed officials softened their attitude towards interest rate policy last night, strengthening market expectations that the Fed has completed a rate hike.
MHMarkets：November 29, 2023--Fundamental Reminder
The dollar index continued its slide on Tuesday, losing 103 and falling to an intra-day low of 102.61, a three-month low, before ending down 0.44% at 102.73, where it has now closed in negative territory for four consecutive days. The yield on the 10-year Treasury note failed to hold above the 4.4% mark, ending at 4.324%. The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, fell 4.8% to close at 4.742%.
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Daily Outlook: Continue Long Pound?
All indicators point towards a bullish scenario for GBP/USD. The improvement in global risk sentiment is strengthening GBP and weakening USD. Both retail sentiment and seasonality analyses align, recommending a long position for GBP/USD, emphasizing the potential for GBP gains and USD losses.
WCG Markets:2023-11-29
WCG Markets:2023-11-29
11/29 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
11/28 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The operational gap of the Fed will not be filled until 2027.
At the end of the Asian market on Tuesday (November 28), a study released by the St. Louis Federal Reserve last week showed that it will take nearly four more years for the Fed to make up for its historic operating losses and begin resubmitting profits to the US Treasury in 2027. T
MHMarkets：November 28, 2023--Fundamental Reminder
The dollar index continued to slide on Monday, falling as low as 103.18 before closing down 0.19% at 103.22, on track for its biggest monthly decline in a year. The yield on the 10-year Treasury fell sharply, hitting an intraday low of 4.381% before closing at 4.390%. The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, fell to 4.9% before closing at 4.890%.
Monthly Japanese yen fundamental forecast
Is there a correlation between faster wage growth and faster inflation? Conversely, do high prices trigger workers to demand higher wages, resulting in employers eventually agreeing?
Gold prices have conquered $2010 and hit a six-month high, Oversupply expectations cover the oil market, Oil prices continue to be under pressure before the OPEC+meeting
Gold prices have conquered $2010 and hit a six-month high, Oversupply expectations cover the oil market, Oil prices continue to be under pressure before the OPEC+meeting
WCG Markets:2023-11-28
WCG Markets:2023-11-28
The Week Ahead – Charts to watch EURUSD, Crude Oil, Gold
Global markets enter the new week in a risk on tone with as market participants are positioning for no more rate hikes out of the Federal Reserve and pricing in cuts from Q2 2024.
Focus on inflation and growth data, along with the RBNZ meeting
US New Home Sales are due, along with the Dallas Fed Manufacturing Index.
EUR/JPY Price Analysis: Retreats from two-week high, back below 162.00
EUR/JPY rally showed some weakness on Monday, with the pair witnessing a two-week high of 163.72, but buying pressure fades as the cross retreats below the 163.00 figure toward the 162.00 handle. At the time of writing, the EUR/JPY pair exchanges hands at 162.73, down by 0.40%.
Cyber Monday Shopping in US May Exceed $12 Billion
On Cyber Monday it is expected U.S. shoppers will spend up to $12.4 billion on heavily discounted clothing, electronics, toys, cosmetics, and other products. Investors say possible winners for the day include Apple, Walmart, and Amazon due to strong online traffic.
Aggregate Inflows into Digital Asset Investment Products Last Week Worth $346M
Digital asset fund management company CoinShares published its digital asset fund flow weekly report on November 27, noting that markets’ expectation of exchange-traded funds (ETF) in the United States influenced the largest rise in inflows since late 2021.
MHMarkets：November 27, 2023,--Fundamental Reminder
Last Friday, the U.S. dollar index shocked downward in the U.S. plate once fell to 103.35 intraday low, and finally closed down 0.32% at 103.41. 10-year U.S. bond yields closed at 4.472%; on the Fed's policy rate is more sensitive to the two-year U.S. bond yields stabilized above the 4.9%, and finally closed at 4.955%.
FP Markets Expands its Commodity CFDs Offering adding Lead, Nickel, Aluminium, Zinc and Copper and Spot Silver & Gold vs a range of cross currencies
FP Markets enhances its Commodity CFDs Offering with a range of popular new commodities.