简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Market Review | May 29, 2024
Trading stock indices in forex markets can be a profitable venture if done correctly. You should choose the right index, use technical and fundamental analysis, and manage risk effectively. It is also essential to stay up-to-date with economic data and news events that can affect the performance of an index. With the right strategies and risk management, you can succeed in stock indices trading.
On Monday's US session, geopolitical tensions and a weak dollar propelled gold prices, breaking through the $2355 mark, with silver briefly surging by 4%. Analysts at XStreet cautioned that speeches from the Federal Reserve and US first-quarter GDP data will impact gold trading, with the market placing lower bets on Fed rate cuts, potentially exerting selling pressure on gold. Meanwhile, Indian gold imports may decline by nearly one-fifth.
he market saw muted activity as both the U.S. and the U.K. observed public holidays in yesterday's session. The dollar index (DXY) edged lower, failing to hold above the 104.50 level. This decline comes as the market anticipates signs of cooling U.S. inflation ahead of the PCE reading due on Friday. Meanwhile, the U.S. Securities and Exchange Commission (SEC) announced a reduction in Wall Street settlement times, aiming to complete transactions in a single day.
Market Review | May 28, 2024
According to survey data, this year, many American travelers are opting for air travel over traditional road trips during the Memorial Day long weekend, marking an upward trend! On the other hand, bullish sentiment on the US dollar is beginning to retreat, turning net short for the first time in six weeks!
An options demo account is a powerful tool for beginners to venture into the complex world of options trading. By comprehending the basics, leveraging a suitable platform, and practicing with a demo account, you can build the skills and confidence needed for success.
On May 24th (last Friday), the US dollar fell against a basket of currencies other than the Japanese yen
The Dollar Index dipped as investors took profits ahead of key economic data and events later this week
The highly anticipated Hong Kong Wiki Finance Expo has successfully concluded
Market Review | May 27, 2024
Some self-media suggest that Japan's exchange rate may be influenced by the United States, and believe that there is a high possibility of the yen depreciating. They believe that the depreciation of the yen is beneficial for economic development. Despite the political turmoil in Japan, the economy is not easily being "harvested," and businesses benefit from the depreciation of the yen. The depreciation of the yen reflects Japan's long-term economic difficulties, but it is not being "harvested."
On May 17, the 2024 Wiki Finance EXPO concluded successfully at SKY 100 in ICC, Tsim Sha Tsui, Hong Kong. This financial technology event, hosted by WikiGlobal, attracted top figures from the global financial sector to explore the development and future trends of financial technology.
Australian retail sales experienced a greater decline than anticipated in the March quarter, dropping by 0.4% compared to the expected 0.2% decrease. This marked the lowest annual retail sales growth since 2021, excluding pandemic-related impacts. In April, the Conference Board released its CB Consumer Confidence report, revealing a decline in consumer confidence from 103.1 (revised from 104.7) in March to 97.0 in April, against an analyst consensus of 104. The U.S. gross domestic product...
On Thursday (May 23), the US dollar index continued to rebound to a new high for the week, breaking through the 105 mark and rising 0.17% on the same day, ultimately closing at 105.11.
Beyond honing technical skills, demo trading aids in developing the psychological resilience required for live trading. Emotions play a pivotal role in trading decisions, and the demo environment allows you to practice discipline and emotional control without financial repercussions.
U.S. PMI readings beating market expectations fuels dollar upward momentum.
Market Review | May 24, 2024
The Russian Energy Ministry has stated that Russia's crude oil production in April exceeded the designated quota and they will submit a compensatory production cut plan to OPEC.
We are thrilled to announce that Easy Trading Online has been awarded the “Best Forex Broker - Asia” at the Wiki Finance EXPO 2024 Hong Kong! This prestigious recognition underscores our commitment to excellence and dedication to providing top-notch services to our clients.