Hybrid funds are a type of mutual fund that invests in two or more asset classes, typically including both debt and equity. The guiding principles for these funds are diversification and asset allocation to balance risk and return. There are various types of hybrid funds, depending on the allocation between asset classes and the fund's objectives.
The LTCUSD pair signifies the value of Litecoin (LTC) in terms of US dollars. Fundamental factors influencing LTC include adoption trends, technological advancements such as the implementation of MimbleWimble for privacy and scalability, and overall market sentiment towards altcoins.
WCG Markets:2023-11-21
Global markets are experiencing a diverse trading pattern at the start of the week, with major central bankers advocating for prolonged periods of higher interest rates. This development coincides with uncertain geopolitical news and a relatively uneventful economic calendar. Despite these factors, the US Dollar is struggling to gain traction, in tandem with declining US Treasury bond yields.
The People's Republic of China has initiated the process of constructing oil inventories once more.
This week's macroeconomic reports are expected to be limited, however, market participants will have the opportunity to review the most recent meeting minutes from major central banks.
West Texas Intermediate (WTI) Crude Oil prices oscillate in a narrow trading band during the Asian session on Friday and consolidate the overnight slump to over a four-month low. The commodity currently trades just above the $73.00/barrel mark and remains on track to register losses for the fourth straight week.
USD/CHF hovers around 0.8880 during the Asian session on Friday. The Swiss Franc (CHF), being a safe-haven currency, is receiving upward support amid prevailing risk-off sentiment in the market. Additionally, the Swiss National Bank (SNB) has expressed its determination to defend the CHF through outright market purchases, adding to the pressure on the USD/CHF pair.
The US dollar slipped after data showed the number of Americans filing new claims for unemployment benefits hit a three-month high last week, with data showing an increase of 13,000 to 231,000 on week, well above market expectations of 220,000.
Recent US figures have seen a rout in treasury yields with the flagship 10-year now yielding 4.435% after starting November at 16-year highs north of 5% and in a seemingly unstoppable uptrend. A cooler CPI and PPI showing inflation is decelerating at a faster pace than the market anticipated, along with weaker employment and industrial production figures have traders re-adjusting for a less hawkish Fed and bringing their timing forward for the pricing in of rate cuts.
The past week witnessed few significant events, which reflected in EUR/USD pair's fluctuations around 1.0700. Notably, there was a slight increase in the Dollar Index (DXY), starting at 105.05 and reaching a peak of 105.97 by Friday, November 10. This growth was primarily attributed to the "hawkish" comments made by the Chair of the Federal Reserve.
Shares in Hong Kong rose 488 points or 2.8% to 17,884 in early trading on Wednesday, reversing Tuesday's weak session and reflecting a rally on Wall Street overnight after weaker US CPI data fueled bets that the Federal Reserve's tightening cycle had peaked.
In the current interest cycle in the American market, will we find investment to be a danger or an opportunity? In this article, we will explore the current complex economic landscape, focusing on the debate over the possibility of a “soft landing” amid the Federal Reserve’s aggressive cycle of interest rate hikes.
EUR/USD strengthens the pace and surpasses the 1.0800 hurdle for the first time since early September.
The AUD/NZD is making substantial efforts on Monday to locate a level of support. From a technical perspective, the Australian dollar is showing signs of recovery following a decline throughout the majority of November. However, as opposing forces grow stronger, the bulls are faced with an increasingly challenging struggle that appears difficult to overcome.
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WCG Markets:2023-11-20
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
The British Pound opened the week with a slight decline, but quickly reversed its course, demonstrating market vibrancy