Market demand for hedging has fallen, and the US dollar index fell on Monday Gold plummeted by over 2%, marking the largest daily decline in a year
On Monday (April 22), the US dollar index continued to strengthen in the Asian and European markets, but weakened in the US market due to the fading of safe haven sentiment, ultimately closing down 0.004% at 106.12.
U.S. Stock Markets Rebound on Profit Optimism
the spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants
Today's Market Updates
Market Review | April 23, 2024
Market concerns about the Middle East situation eased The US dollar rose slightly last Friday, with 70% of analysts bullish on the future of gold
Last Friday (April 19th), the US dollar index maintained a downward trend, dropping below the 106 mark at one point.
Trade U.S. Stocks with Land Prime
Trade U.S. Stocks with Land Prime
Market Focus on Earnings Report
As we head into the second quarter earnings report season, the U.S. equity market is poised to capture significant attention. Recent geopolitical events, particularly the unconfirmed reports of an explosion in Iran's third-largest city last Friday, have injected volatility into commodities prices and bolstered the appeal of safe-haven assets like the U.S. dollar and Japanese Yen.
Economic News Today
Market Review | April 22, 2024
New Products Launch in April
We are pleased to announce that STARTRADER will launch new products on April 22nd, 2024 to provide clients with a broader portfolio of products.
Navigate Trading Losses During Easter
Easter trading brings its own set of market trends and unique challenges that traders need to be aware of. It is essential to understand the potential impacts of the Easter season on the financial markets in order to navigate these challenges effectively and make informed trading decisions.
Notification of Change in the Leverage of Turkish currency pair and US Shares
Notification of Change in the Leverage of Turkish currency pair and US Shares
The US dollar rebounded again after stabilizing after a pullback Gold remains stable below $2,400
On Thursday (April 18th), as Federal Reserve officials continued to suppress market expectations of interest rate cuts, the US dollar index turned higher during trading
Warning: Beware of Fraudulent Activities Misusing the CWG Markets Brand
We are grateful for your continued trust and support for CWG Markets. Since its inception, the company has received widespread recognition from customers for its dependable services and exceptional re
Unconfirm Explosion in Middle East Stimulates Commodities Prices
The market was roiled by unconfirmed reports of explosions in Iran, Iraq, and Syria, adding to the already tense atmosphere following Iran's recent attack on Israel over the weekend. Anticipation of potential retaliation from Israel contributed to heightened nervousness in the markets throughout the week. Gold prices surged above the $2400 mark, while oil prices saw a gain of over 4% in the Asia opening session on Friday
Market Clash with Rate Uncertainty: Can Data Bring Clarity?
In March, the government revised its previous estimate, indicating that the U.S. economy expanded at a robust annualized rate of 3.4% from October to December. Initially, it reported a slightly lower growth figure of 3.2% for the same period. The number of individuals in the United States who filed for unemployment insurance benefits were unchanged at a seasonally adjusted 212,000 for the week ended April 13. Despite the Federal Reserve's attempts to cool it, the U.S. labor market persists in
Financial Updates Today
Market Review | April 19, 2024
Interest rate cuts hope to weaken the impact of overshadowing safe haven demand The unsustainable rise of the US dollar and the stunning appearance of the "Twilight Star" in the fall of gold prices
On Wednesday (April 17th), the US dollar index ended its five consecutive positive days on the daily chart, falling below the 106 mark and ultimately closing down 0.401% at 105.94.
Oil Prices Plummet on Strong U.S. Crude Inventories Build-up
Oil prices experienced a significant drop in the last session that was influenced by an accelerating build-up in U.S. crude inventories and concerns about oil demand.
Today's Economic News
Market Review | April 18, 2024
Navigate Trading Losses During Easter
Easter trading brings its own set of market trends and unique challenges that traders need to be aware of. It is essential to understand the potential impacts of the Easter season on the financial markets in order to navigate these challenges effectively and make informed trading decisions.
EBC Financial Group Partners with United to Beat Malaria, a Campaign of the United Nations Foundation
EBC Financial Group Amplifies Malaria Eradication Efforts to Protect Vulnerable Children and Their Families from Malaria
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