Today's Economic Highlight
Market Review | April 10, 2024
Today's Economic Spotlight
Market Review | April 10, 2024
Gold Prices at All-Time High Ahead of CPI
As the financial markets brace for the forthcoming U.S. Consumer Price Index (CPI) announcement on Wednesday, U.S. equities presented a subdued performance, while the dollar index witnessed a modest decline. The anticipation surrounding the Federal Reserve's rate-cutting measures has been significantly adjusted, with expectations now set at a 60 basis points reduction for the year, a stark contrast to the 150 basis points forecasted at the year's start
Today's Market Updates
Market Review | April 9, 2024
The Second "Gold Winning Contest"
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The expectation of the Federal Reserve's interest rate cut has changed again, leading to a surge in non farm employment growth in March Israel's withdrawal triggers a pullback in gold prices, focusing on the three major bearish impacts
The expectation of the Federal Reserve's interest rate cut has changed again, leading to a surge in non farm employment growth in March Israel's withdrawal triggers a pullback in gold prices, focusing on the three major bearish impacts
The Strong NFP Bolsters the Dollar
The U.S. labor market's vigorous expansion, with the Non-Farm Payroll (NFP) report disclosing an impressive 303,000 job additions that exceeded both previous results and projections; bolstering dollar
Today's Economic News
Market Review | April 8, 2024
Important Update: Adjustments to Margin Closeout Mechanism on CWG Markets MT5 Platform
In light of the ongoing evolution of the global financial markets and the increasing complexity of the trading environment, we at CWG have decided to implement significant adjustments to the margin closeout mechanism on our MT5 platform.
Rate Rumble: RBNZ, BoC, and ECB Take Centre Stage
The New Zealand central bank maintain its benchmark interest rate at 5.50% as expected during its previous meeting. While there was no surprise of the central bank paused rates, the less hawkish tone was a surprise as 23% of the market surveyed by Reuters predicted an interest rate hike. In February, the rate of consumer price growth in the United States picked up pace with the reading came in at 3.2%, surpassing expectations of 3.1% for underlying inflation.
Dollar Buoys by Optimistic NFP expectation
The dollar index (DXY) briefly dipped below the pivotal $104 mark before rebounding in anticipation of the upcoming release of the Non-Farm Payrolls (NFP) report
Today's Financial Updates
Market Review | April 5, 2024
Award-winning Trading Platform Forex4you Unveils New Identity, Rebranded as Markets4you
Forex4you, today announced its rebranding, unveiling a new brand name, logo, and identity as Markets4you. The rebranding reflects the company's position as a leading, global multi-asset and multi-platform trading provider.
Bullish Gold Trades to All-time High
Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year.
Daily Market Update: Stocks Mixed, Gold Hits Record High
Fed policy, European data, and commodity prices drive market moves A look at today's key market news and Trading Central's insights Your snapshot of the day's market action
Today's Financial Updates
Market Review | April 4, 2024
EBC Financial Group Achieves Trademark Registration in Japan, Strengthening Its International Footprint
EBC's recent trademark approval in Japan underscores its strategic global expansion and deep-seated values of trust and integrity within the financial sector.
Dollar Eases Ahead of Jerome Powell Speech
The U.S. stock market experienced a significant decline yesterday, with all three major indexes dropping by approximately 1%. This downturn occurred as U.S. long-term Treasury yields surged to their highest level since last December, fueled by robust economic data suggesting that the Federal Reserve might postpone interest rate cuts.
Investors take profits and the US dollar slightly falls on Tuesday Gold sets a new historical record high
Investors take profits and the US dollar slightly falls on Tuesday Gold sets a new historical record high
DAILY MARKET NEWSLETTER | April 3, 2024: Stocks Slip, Oil and Gold Gain, Bitcoin Volatile
Market Trends and Trading Central's Daily Outlook