What is Crude Oil? A Beginner’s Guide to Oil Trading
A significant worldwide energy source and commonly traded commodity is crude oil. In this article, we examine the history and origins of oil, the major variables influencing its price, and the primary motivations for trading this asset. PRIMARY TALKING POINTS…
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USD/JPY remains above mid-147.00s ahead of US ISM PMI
On Tuesday, there is some selling pressure on USD/JPY due to general USD weakness. The dollar is hampered by expectations that the Fed would tone down its aggressive attitude. The Fed-BoJ policy divergence should constrain losses for the pair before the…
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4 Global Market Updates- 1 November, 2022
In this article, we have covered the highlights of global market news about the AUD/USD, USD/CAD, GBP/USD and EUR/USD. AUD/USD: Following RBA Lowe's remarks, the rally stalls around 0.6450 AUD/USD is holding steady above 0.6400 after the recovery stalled above 0.6450 due to Governor…
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What Causes Stocks to Fall When Interest Rates Rise?
The main US stock markets have seen a sharp decrease while US Treasury rates have risen quickly. According to the conventional discounted cash flow model, increasing interest rates lower the net present value of future cash flows. Companies with heavy…
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Gold Price Forecast: XAU/USD Holds Above $1,640 Amid Fed Pre-Anxiety, PMIs Eyed
Amidst uncertain sentiment in the market, the price of Gold is now bidding higher than the $1,640.00 support level. It is anticipated that the Federal Reserve will raise interest rates for the fourth time by 75 basis points. It is…
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