Daily summary: Wall Street extends losses as recession worries grow
European indices finished today's session slightly higher, with DAX up 0.36%, as Germany’s IFO Business Climate data showed a third consecutive monthly improvement in business morale during December. Nevertheless ongoing recession fears capped upside move.
Bank Of Japan Could keep same Policy
The Bank of Japan is the central bank of Japan. The bank is often called Nichigin for short. The Bank of Japan, as the central bank of Japan, decides and implements monetary policy with the aim of maintaining price1 stability.
WCG Markets:2022-12-20
WCG Markets:2022-12-20
GEMFOREX - weekly analysis
The week ahead: Traders on the backfoot ahead of a quiet week
WAYS TO GO: ECB'S HIGHEST RATE IN 13 YEARS
To all Traders, kindly be informed that, The European Central Bank raised its key rate by 50 basis points to 2.5%. This is the highest rate since January 2009. The central bank warns that aggressive rate hikes are far from over. Like the US Federal Reserve, the ECB expects to bring inflation to the level of 2%. Experts expect to see the final rate in the region of 3.5%.
Market Spotlight: EURAUD Explodes on Hawkish ECB
The European Central Bank hiked interest rates by 50bps to bring the deposit rate to 2%. This comes after 2 consecutive interest rate hikes of 75bps, though Christine Lagarde said that this is by no means a “pivot”. The central bank also indicated that there will be more interest rate increases to follow, at a measured pace, as inflation forecasts were revised higher. The ECB now sees inflation for 2022 at 8.4% vs a previous forecast of 8.1%.
Breaking: Covering losses mainly in Q4 for Nasdaq
Q4, or the fourth quarter, is the last quarter of the financial year for companies. Let's look at some Q4 Review of Nasdaq. The Nasdaq 100 (symbol ‘USTEC’) has started a general upward movement in the beginning of the last quarter of the year trading in a bullish wedge formation. Price respected the boundaries of the wedge until now with the index losing about 2% of its points after the FED meeting and the announcement of a double hike in interest rates.
Mohicans markets：December 19 - MHM European Perspective
On Monday, December 19, Beijing time, during the Asian and European session, spot gold narrowly oscillated and is currently trading near $ 1792.11 per ounce, the prospect of further interest rate hikes by the Federal Reserve next year offset the dollar weakening in the support brought. The dollar index is currently down about 0.3%, and trading around 104.50. A weaker dollar makes gold more attractive to holders of other currencies.
Recognize Forex Capital Gains and Their Types
Every business needs capital. It is because capital is a basic foundation that a business can be run. As well as the forex business. Part of this business is forex trading.
Mohicans markets：MHM Today’s News
On Friday, December 16, the Federal Reserve officials issued a hawkish speech, the dollar index turned up during the day, the U.S. stock market closed the dollar index close to 104.84, closing up 0.22% during the day.
WCG Markets:2022-12-19
WCG Markets:2022-12-19
12/19 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Trader Personal Information: Why Brokers Need to Know that?
Brokers, of course, don't ask for someone's data without reason. Trader personal information will still be respected by not spreading it carelessly because private data is valuable, even more than someone's balance at a broker.
Mohicans markets：12.16-MHM European Viewpoint
On Friday (December 16), Beijing time, the rebound of spot gold was blocked during the Asian European session. At present, the trading was near 1781 US dollars/ounce. The last trading day, due to the sharp rise of the US dollar, the gold price fell back to below 1800 again and fell below the 200 day moving average.
Mohicans markets：MHM Today News
The US retail sales data released on Thursday (December 15) was bleak and the Federal Reserve remained hawkish. The US dollar index rebounded sharply, approaching the 105 mark, closing 0.94% higher at 104.59. Non US currencies generally fell, and the decline of the Australian dollar against the US dollar widened to 2.5%, falling below 0.67; GBP fell below 1.22 against USD.
Let's Know Forex Road Map to Get High Profit
A lot of traders want to reach how to get high profit than usual in this unstable economic situation, thus traders must know its movement from the forex road map.
U.S. Senate sets first vote on stopgap funding bill Thursday -aide
The U.S. Senate is expected to hold an initial procedural vote Thursday on a week-long stopgap funding bill to avoid a partial government shutdown ahead of a midnight Friday deadline, a Senate Democratic aide said.
Oil Price Forecast | 15th December 2022
Crude oil is expected to trade at 73.83 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts' expectations.
12/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
How to trade gold with leverage
Despite the size of the gold market, how it is traded is often poorly understood. The gold market is inherently global and gold is traded continuously throughout all time zones.
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