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Market SummaryOil experienced heightened volatility in yesterdays session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack I
AUS GLOBAL is proud to announce that it has been awarded the title of “Best Market Maker 2024- Middle East” at the Forex Expo 2024, held from October 7 to 8 at the Dubai World Trade Center. This prest
Market Overview A Nuclear Testing In Iran? A few hours back, there was a tremor in the country of Iran—with the people online suggesting that it was a nuclear testing. While it may
Market OverviewNovember And December Rate Cuts By 25 PointsGOLD rises despite better than expected Inflation reports. Federal funds futures prices suggested that investors piled onto bets that the Fed
Product: XAU/USDPrediction: IncreaseFundamental Analysis:Gold prices recovered some ground on Thursday during the North American session, edging up some 0.67% after a hotter-than-expected US inflation
The Week Ahead: Week of 14 September (GMT+2) USD Stays Strong: Can Next Week's Data Fuel More Gains Tuesday, 15 October 2024, 14:30 Canada CPI (YoY)(Sep) The latest release of
On Thursday, during the U.S. trading session, gold prices rebounded somewhat. After the U.S. inflation report came in higher than expected, which was tempered by weaker U.S. employment data, gold gain
From October 7 to 8, 2024, the highly anticipated Dubai Forex Expo was held at the Dubai World Trade Centre. As a leading brand in the global financial services sector, GTC FX was invited to participa
Wall Street was robust with a fresh tech-rally, with Dow Jones recording a new all-time high. FOMC meeting minutes suggest a bigger size rate cut is less likely and buoy the dollars strength. Gold dec
Market OverviewIsrael Intensified Attacks. What Next?Israel‘s multifront war continues as they intensify their attacks over the past five days. What is Israel’s plan? So far, we do not know where this
As of October 4, 2024, the London gold price has risen by 3.3% since the Fed‘s interest rate cut on September 18, and has risen by 28.6% so far this year. The strength of gold prices is not entirely a
Market Overview Israel Intensified Attacks. What Next? Israel‘s multifront war continues as they intensify their attacks over the past five days. What is Israel’s plan? So far, w
Market AnalysisGOLD - There is no change in our reading of GOLD after relatively flat trading yesterday, staying within the SD zone as seen in the chart. We are waiting for any significant move out of
Gold closed lower for the sixth consecutive day after the Federal Reserve released the minutes of its September meeting. The minutes revealed that the "overwhelming majority" of officials on the Feder
Gold is undoubtedly one of the most watched assets this year. Driven by the expectation of a sharp interest rate cut by the Federal Reserve and the concerns of foreign governments about the weaponizat
The dollar is strong ahead of the FOMC meeting minutes on the Hawkish prospect. Gold Plummet as the market eyes on a stronger dollar ahead. Market SummaryMeanwhile, U.S. markets were lifted by a tech
Market OverviewGOLD - GOLD has broken out of its previous range, hitting new lows after weeks of flat trading. The decline was triggered by reduced expectations for a 50-basis-point rate cut from the
Market Analysis:GOLD: After weeks of stability, GOLD has broken out of its range, driven by reduced expectations for a 50-point Fed rate cut. Investors now anticipate a 25-basis-point cut, reflecting