The Dow Jones Industrial Average rose more than 200 points as Microsoft shares hit a record high

U.S. stocks were broadly higher on Monday, with Microsoft and Nvidia leading technology stocks that lifted the market and investors also awaiting more clues on Federal Reserve policy. The Dow rose 203.76 points, or 0.58 percent, to 35151.04, the Nasdaq ro

Bearish signals strengthen after dollar falls to near 2-month low! Maintain negative outlook this week

On Monday (November 20), the US dollar index fell to its lowest level in the past 2 months, as low as 103.36, while sending bearish signals based on recent economic developments.

Approaching 7.17! Offshore yuan surged 460 points, has appreciated 1,400 points this month! Whats the future?

On November 20, the central parity rate of the RMB against the US dollar was 7.1612, the highest since August 11, 2023, an increase of 116 basis points, the largest increase since September 12, 2023.

The offshore yuan briefly rose above 7.20 against the dollar for the first time since August 8

On November 20, the offshore yuan exchange rate, which more reflects the expectations of international investors, rose above the 7.20 mark against the US dollar in intraday trading to as high as 7.1999, the first time it has risen above this mark since Au

Hedge funds increase bearish bets on whether Opec meeting will boost oil prices

Hedge funds have slashed their bets on oil prices to their most bearish in 20 weeks, throwing up a big hurdle to Opec\'s efforts to support prices as it prepares to meet later this month.

ENHANCE BROKER-TRADER ENGAGEMENT WITH NEW WHATSAPP ALERTS FROM AUTOCHARTIST

In a continuing effort to streamline engagement between brokers and traders, Autochartist has expanded on its promise with automated WhatsApp alerts on market insights.

DEVEXPERTS AND FX BLUE JOIN FORCES TO PROVIDE BROKERS WITH A READY-MADE TRADING SOLUTION

In a strategic move, Devexperts, the brains behind DXtrade, a pre-packaged trading platform with an open API, has entered into a partnership with FX Blue, a global FinTech solutions provider for CFD and spread betting brokers.

LIGHTYEAR ADDS SPANISH STOCKS TO ITS TRADING OFFERING

“We’re seeing more and more Spanish investors fighting inflation by moving idle cash from banks and investing in financial instruments such as stocks and funds to diversify their portfolios. However, still too few Spaniards invest, not least because of th

USD/JPY Nears Thirty-Year Peak As US Inflation Data Loom

The Japanese Yen was lower against the US Dollar in Europe and Asia on Monday with USD/JPY set for a fourth straight day of gains and, more pertinently, closing in on 2022’s thirty-year peaks.

Fiscal Crossroads: The Impact of Treasury Woes and Moody\'s Warning on the US Market

A negative fiscal trajectory may lead to increased interest rates and reduced government spending options, constraining the economy. The political discord in Washington, evidenced by the threat of a government shutdown, adds another layer of uncertainty.

FX Markets Brace for Influx of Proprietary Trading Firms in 2024

In a proactive move signaling confidence in the financial markets, proprietary trading firms globally are poised to scale up their foreign exchange (FX) trading activities and boost investment budgets in 2024. This development stems from findings in the l

dxFeed Names Bruce Traan as Global Head of Indices

dxFeed, a leading provider of data services for the Capital Markets industry, announced theappointment of Bruce Traan as its new Global Head of lndices. With over two decades ofexperience in the financial industry and a proven track record of success in i

Binance to Stop Russian Ruble Deposits and Withdrawals.Prepares lts Full Exit from Russia

Crypto exchange giant Binance officially announced last Friday (November 10) that it will stopaccepting Russian ruble deposits starting from November 15, 2023, and is expected toterminate ruble withdrawals on January 31, 2024.

South Korean Crypto Exchange Bithumb to Go Public in 2025

South Korean crypto exchange Bithumb is preparing for an initial public offering (IPO) on theKosdaq, a trading board of Korea Exchange (KRX) in South Korea, and is expected to gopublic in the second half of 2025

WEEKLY DATA: OIL AND GOLD

Japanese preliminary GDP growth at 11:50 PM GMT where the annualized figure is expected to drop from 4.8% to -0.6% and the quarterly figure from 1.2% to -0.1%. If these expectations are confirmed then the Japanese Yen might witness some short term losses