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Wall Street experienced a significant sell-off, followed by the release of the U.S. PMI, which came short of the market consensus.Oil prices plunged as the Libyan oil field is expected to be back in o
MARKET OVERVIEWThis week, traders are bracing for a significant amount of data reporting, particularly focusing on Friday’s Non-farm payrolls report. The outcome of this report could shift market expe
Market OverviewTraders brace for heavy data reporting this week, especially the Non-farm payrolls report coming out this Friday. The result may change the market's bias on how much the FED will cut ra
MARKET OVERVIEWThis week, traders are gearing up for a flood of data, especially with the much-anticipated Non-farm payrolls report dropping this Friday. The results could shift the market’s view on h
AUS GLOBAL, a world-renowned broker, officially announced that it has successfully obtained the category 5 license issued by the SECURITIES COMMODITIES AUTHORITY (SCA) of the United Arab Emirates.Thi
MARKET OVERVIEWThis week, traders are bracing for a significant amount of data reporting, particularly focusing on Friday’s Non-farm payrolls report. The outcome of this report could shift market expe
Product: XAU/USDPrediction: IncreaseFundamental Analysis:The US Dollar rose on Tuesday, benefiting as a traditional safe-haven currency due to the sell-off in stocks and riskier currencies. Traders ar
Gold prices fell during the North American session as traders returned to their desks following the Labor Day holiday. Data from the United States (US) hinted that business activity contracted, though
MARKET ANALYSISGOLD - GOLD has consolidated and remains trading above its previous highest point, supported by 2487.026. With that in mind, we continue to see the possibility of an extended bullish tr
MARKET ANALYSISGOLD - GOLD has consolidated and remains trading above its previous highest point, supported by 2487.026. With that in mind, we continue to see the possibility of an extended bullish tr
Following Federal Reserve Chairman Powell's hint at a possible rate cut in September, the yen to US dollar exchange rate briefly surged to a level of 143 yen per US dollar. However, this market enthus
Oil prices rebound as Libya set to shutdown its key oil field.Dollar rebound ahead of Friday's NFP and led the gold to decline.Wall Street Growing optimistic and Nasdaq is poised to rebound.Market Sum
Market OverviewChina and Russia fight for influence and power over Africa against the U.S., with all three promising to offer economic assistance. They come into the country with promises of aid, all
Product: XAU/USDPrediction: IncreaseFundamental Analysis:In the early Asian session, spot gold continued to fall and is now around $2,496 per ounce. Today, investors are focused on the first major dat
今天上午公布的中国财新制造业采购经理人指数(PMI)从上个月的49.8略微意外地升至50.4,但市场似乎在关注官方PMI。德国商业银行外汇策略师沃尔克马尔-鲍尔(Volkmar Baur)指出,周六公布的官方采购经理人指数显示经济势头进一步下滑。中国通货紧缩的风险依然存在官方采购经理人指数的下滑也具有广泛性。在制造业,生产和新订单均出现下滑。此外,劳动力市场和价格发展两个分项都显示出持续疲软。价格
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Last Friday, the PCE reading fueled the upward momentum for the dollar.Eye on Wednesday BoC’s interest rate decision with the expectation of a 25 bps rate cut.Oil slid on Poor Chinese PMI readings.Mar
Multi-asset Forexand CFDbroker, FP Markets, further cemented its position as one of the industry’s global leaders, claiming two prestigious awards at the Finance Magnates Pacific Summit (fmps:24). The