Economic Headlines: Today's Market Impact

Market Overview All eyes on elections to be concluded later this evening. Until then, expect large volatility to come into the markets. At this point in time, we are seeing increased chances

DBG Markets: Market Report for Nov 05, 2024

Market OverviewAll eyes on elections to be concluded later this evening. Until then, expect large volatility to come into the markets. At this point in time, we are seeing increased chances for a Harr

The "Trump deal" ebbs; the dollar falls below the 104 mark!

Hot spot trackingIran approves plan to increase oil production by 250,000 barrels per day. Negative for crude oil.According to the Financial Times, foreign investors withdrew more than US$10 billion f

KVB Market Analysis | 5 Nov: XAU/USD Holds Near Support as Election Concerns Fuel Safe-Haven Demand

Product: XAU/USDPrediction: DecreaseFundamental Analysis: Gold prices are hovering near a one-week low set on Monday, but the decline appears limited due to safe-haven demand linked to uncertainty aro

FP Markets Secures Three Major Honours at the Inaugural Finance Magnates Annual Award Gala

Australian-founded broker FP Markets further cemented its position as a market leader,winning ‘Most Trusted Broker - Global’, ‘Broker of the Year - Asia’, and Fastest GrowingBroker - LATAM at the inau

Analysis of today's market

On Monday, gold prices fluctuated. The risks associated with the U.S. presidential election and ongoing geopolitical tensions in the Middle East could support gold in the short term, as gold is a trad

The US non farm payroll plummeted in October, and the US dollar rose again after a intraday correcti

The US presidential election and the decision of the Federal Reserve are coming this week, and most analysts and retail investors are still bullish on the futureLast Friday, despite the unexpectedly w

DBG Markets: Market Report for Nov 04, 2024

Reminder: You may experience some lag or delays in placing orders, or you may find that some brokers will have your orders placed differently from your Bid and Ask lines. This will be due to increased

Dollar Dives on Soft NFP Reading

The dollar was dragged down by the poor NFP reading that was released last Friday. Eye on RBAs interest rate decision on tomorrow with the expectation to stand pat. Gold prices plummeted after they re

What is the best way to learn forex trading (besides reading forex websites/blogs)?

After 8+ years of trading forex and mentoring new traders, here are the most effective learning methods Ive found:1. Demo Account Practice (Essential First Step)- Open a demo account with a reputable

Major Financial Event Happening Now

Reminder:You may experience some lag or delays in placing orders, or you may find that some brokers will have your orders placed differently from your Bid and Ask lines. This will be due to increased

Experts Weigh In on Today's News

Reminder: You may experience some lag or delays in placing orders, or you may find that some brokers will have your orders placed differently from your Bid and Ask lines. This will be due

"US October Non-Farm Payrolls Shockingly Weak; Gold Surges Then Retreats"

Hot spot trackingThe number of new non-farm payrolls in the United States in October was 12,000, the smallest increase since December 2020; traders increased their bets that the Federal Reserve would

Analysis of today's market

Gold (XAU/USD) edges lower during a voltile trading day on Friday. The precious metal briefly rose to the $2,760s after the release of US Nonfarm Payrolls (NFP) data showed a decline to only 12K in Oc

Important notification：End of US Daylight Saving TIme Trading Hours 3rd Nov

GTCFX Shines at the 2024 Davao Traders Fair, Drawing Enthusiastic Responses at Its Booth

On October 26, 2024, GTCFX participated in the much-anticipated Davao Traders Fair Traders Awards held at the Dusit Thani Hotel in Davao, Philippines. The event attracted a large number of industry e

Dollar Pauses as Jobs Data Looms

The U.S. dollar retreated slightly despite positive economic data as investors await the U.S. election and Nonfarm Payrolls report.The Euro gained on rising Eurozone inflation, reducing the likelihood

DBG Markets: Market Report for Nov 01, 2024

Market OverviewRate Cuts Watch RBNZ: Investors expect a 50 basis point cut on Nov. 27.RBA: No rate changes expected in November; first cut anticipated in May 2024.ECB: Policymakers are divided on a ha

Stock Market Indexes Explained: The Key Indicators of Economic Health

Stock indexes are financial indicators that allow analysis of the economic situation of a specific country, set of securities, or industry. In this article, we will discuss what they are, how they ope

Gold price plummeted by $40 during the day; U.S. stocks suffered a "critical hit"!

Hot spot trackingThe annual rate of the US core PCE price index in September was 2.7%, higher than the expected 2.6% and the same as the previous value; the monthly rate of the US core PCE price index