Monthly Archives: December 2023
U.S. Stocks Grapple with Downturn Amid Job Market Concerns
Written on December 7, 2023 at 2:40 am, by anakin
U.S. stocks experienced a downturn amidst fluctuating trends, impacted by a drop in inflation and looming job market reports. The Dow Jones and S&P 500 faced consecutive losses, a rare occurrence since October, despite initial optimism from economic indicators. Investors remain watchful, especially regarding upcoming labor-related data releases, notably the November nonfarm payrolls report. EuropeanContinue Reading
A Beginner’s Guide to Sentiment Analysis in Forex Trading
Written on December 6, 2023 at 7:08 am, by anakin
Forex trading is not just about the numbers. Here’s how sentiment analysis allows you to understand the psychology of traders and make better trades.
Mixed Stock Movements as Tech Surges, Fed Rate Cut Hopes Rise
Written on December 6, 2023 at 2:15 am, by anakin
The stock market displayed a mixed session with varied movements across major indices: the Dow and S&P 500 edged slightly downward while the Nasdaq surged, propelled by tech stock performance. Factors including the U.S. 10-year Treasury yield dip below 4.2% and European market fluctuations played key roles. Amidst this, notable individual stock movements, like GitLab’sContinue Reading
Trading Titans: 10 Greatest Traders of All Times
Written on December 5, 2023 at 9:37 am, by anakin
In the riveting world of finance, tales of triumph and turmoil are often immortalised on both the big and small screens. If you’ve been captivated by the dazzling lives of traders depicted in popular series like “Billions,” you might be intrigued to explore the real-life counterparts who have left an indelible mark on the financialContinue Reading
Stocks Dip Amid Overvaluation Concerns and Currency Markets React to Rate Cut Speculation
Written on December 5, 2023 at 1:40 am, by anakin
Following a five-week winning streak, stock markets experienced a decline, prompting investor worries about potential overvaluation. Major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, dropped due to selling pressure on Big Tech stocks. However, Bitcoin hit a 19-month high while gold reached unprecedented levels, benefiting companies like Marathon Digital, RiotContinue Reading
Week Ahead: Markets to Focus on US Jobs Report and Rate Statements from RBA and BOC
Written on December 4, 2023 at 2:57 am, by anakin
Various events are set to impact the markets this week, most notably the rate decisions of major central banks including the Reserve Bank of Australia and the Bank of Canada. Traders are advised to exercise caution and stay informed about the latest developments to ensure a successful week of trading. Here are the upcoming marketContinue Reading
Notification of Server Upgrade – December 1, 2023
Written on December 1, 2023 at 9:07 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 2nd of December 2023 (Saturday) 00:00-05:00 (GMT+2) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will be temporarilyContinue Reading
Dividend Adjustment Notice – December 1, 2023
Written on December 1, 2023 at 7:14 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading
Dow Hits Yearly High, Tech Surges, and Dollar Rebounds – Impact on Federal Reserve’s Policy Shift
Written on December 1, 2023 at 2:54 am, by anakin
November witnessed robust stock market rallies with the Dow Jones surging to a new yearly high, marking an 8.9% gain while the S&P 500 and Nasdaq also experienced significant growth. Cooling inflation figures hinted at a potential shift in the Federal Reserve’s policy, driving investor optimism. Tech stocks like Nvidia, Tesla, Alphabet, and Meta dominatedContinue Reading