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The U.S.-Russia phone call dragged down oil prices by more than 3%, and gold bul
Basic news: On Friday (October 17, Beijing time), spot gold was trading around US$4,361.62 per ounce. The price of gold continued to hit a new all-time high on Thursday, approaching US$4,380 per ounce. Due to the intensification of trade tensions and the shutd...
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Federal Reserve Governor Waller advocates gradual interest rate cuts. Analysis o
Global Market Overview 1. The three major stock indexes in Europe and the United States have mixed gains and losses. The Dow Jones Industrial Average fell 17.15 points, or 0.04%, to 46253.31 points; the Nasdaq rose 148.38 points, or 0.66%, to 22670.08 points; ...
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Will the Fed cut interest rates again? , gold hits record high again
Gold prices extended their all-time gains to a new all-time high above $4,240 early on Thursday after rising more than 1.5% on Wednesday. Gold pulled back lower but remained above $4,200 as markets stabilized during the European session. Investors will be clos...
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Expectations of interest rate cuts coupled with improved risk sentiment put the
In Asian trading on Thursday, the U.S. dollar index hovered at 98.53. The main reason for the pressure on the U.S. dollar came from Federal Reserve Chairman Jerome Powell. The positive sentiment in European and U.S. stock markets also led to capital outflows f...
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A collection of good and bad news affecting the foreign exchange market
1. The US dollar: the long-short game between easing expectations and debt concerns (1) Positive factors: The consensus on easing within the Federal Reserve has strengthened: Powell reiterated on the 14th that there is "no preset path" for policy, Governor Bow...
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The United States and Israel once again threaten Hamas to disarm, trade tensions
In terms of basic news, on Thursday (October 16, Beijing time), spot gold was trading around US$4,210.94 per ounce. On Wednesday, the price of gold stood above the US$4,200 per ounce mark, reaching a maximum of US$4,218.14 per ounce, as bets on interest rate c...
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The euro passed the 1.1600 life and death barrier! The double bottom signal flas
XM Foreign Exchange APP News - During the Asia-Europe session on Wednesday, the exchange rate of the euro against the US dollar held the 1.1600 mark and made a breakthrough upward. The exchange rate is currently stepping back to the breakthrough level. During ...
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Is the United States sounding the stagflation alarm? Powell's speech sends dolla
XM Foreign Exchange APP News - Deloitte survey data shows that 57% of Deloitte‘s annual survey released on Wednesday showed that as the holiday shopping season approaches, the majority of American consumers are pessimistic about the current economic situation....
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