Category Archives: Market News

Tip Pertandingan Trading Pertandingan trading sudah menjadi bahagian penting dalam industri forex dan semakin popular apabila minat pedagang semakin meningkat. Pertandingan seperti ini bukan sahaja membolehkan individu mempamerkan kemahiran trading mereka, tetapi turut menyediakan pengalaman yang menyeronokkan dan menarik untuk mengembangkan pengetahuan trading seseorang.  Untuk mewujudkan persekitaran yang lebih mencabar, broker-broker forex kerap kali menganjurkan pertandingan […]

At last, the euro has shrugged off bad economic news and inflation has come under control. It might be the time for ECB to reconsider its tightening monetary policy . Investors will focus on whether the European Central Bank will pause interest rate hikes in September as expected. (Inflation rates in the euro zone in […]

Japan announced the latest July core CPI annual rate excluding fresh foods rose 3.1% year-over-year, slightly down from 3.3% in the previous month. The figure matched with the Bank of Japan’s expectation. The slowdown is linked to lower energy prices, especially data from the Tokyo region showing a slight deceleration in inflation. (Japan’s inflation level […]

Focus on AUD/JPY. Fundamentally speaking, Japan’s inflation has not declined, which increases the probability of the Bank of Japan’s future tightening policy. After a long-term depreciation, the yen has space for a short-term rebound. AUD/JPY has less room for arbitrage than USD/JPY. With strong USD, please watch out for AUD/JPY bear. Technically speaking, the AUD/JPY […]

Let’s turn the clock back to the end of last year. At that time, most investors and economists predicted that the US economy would inevitably suffer a recession in 2023 because of the environment of high interest rates. But today, at the end of July, the Federal Reserve once again raised the federal funds rate […]

Focus on gold. Fundamentally speaking, the US released retail sales in July increased by 0.7% mom. The figure for June was also revised up to 0.3% from 0.2%, suggesting the U.S. economy continued to expand in 3Q and avoid recession. Consequently, inflation stays still in the short run.  With demand remaining resilient and labor market […]

Focus on EUR/USD. Fundamentally speaking, although Fed’s rate hike coming to an end, the U.S. dollar index continues to rise. According to data released by the CFTC last week, the short positions fell to the lowest level in eight weeks. Short-covering is fueling a rebound in the U.S. dollar index as hedge funds continue to […]

The Federal Reserve Bank of New Zealand will announce the latest interest rate decision on Wednesday, and the market expects to keep the OCR official cash rate unchanged at 5.50%. At the moment, global economics are cooling, while the figures released by RBNZ are not strong enough. Consequently, RBNZ gains space to keep interest rates […]

Last week, the reports released by the three major oil organizations gave investors a better understanding of the short-term crude oil market. After oil prices have been rising for some time, major adjustments are expected this week. Demand climbs as supply falls In June 2023, global daily oil demand broke a record at 103 million […]

Focus on EUR/USD. On fundamentals, last week PMI figures in the euro zone reconfirmed the pressure on the European economy, with the manufacturing sector recording 42.7 in July, the lowest manufacturing PMI since 2020. The PMI for the services sector was revised down to 50.9 in July, the lowest up to date. In this context, […]