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![]() | EUUSD 🔼 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 XAU 🔽 WTI 🔽 submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/asi1hv1o45o91.jpg?width=1081&format=pjpg&auto=webp&s=f4d050eebacb2827e934c4d23132f57ca6e2dc81 Investors seem to have braced for a 100 bps rate hike from the Federal Reserve, as US retail and labor market data indicated an improving economy. August’s retail sales figures reported a 0.3% increase over the original estimate of 0.2%, while Initial Jobless Claims exceeded expectations by only adding 213,000 to the unemployed population. Thus, the US stock market and indices are still firmly in the red, with a slowing pace but still downward nonetheless. Nasdaq 100 went below 12,000 to 11,927.49, losing over 1.7%; Dow Jones was last traded at 30,961.82, and S&P 500 slipped to 31,124.68. The yellow metal took the news especially hard, gold futures plunged and closed at $1,677.3, then stabilized at $1,672 to a two-year low. A tentative deal has prevented a railroad strike, which would increase price levels in the US, and WTI oil futures were cooled to a closing price of $85.1. EUUSD closed just next to parity at 0.9999, as the Eurozone CPI has a projected growth of 9.1%, the same as last month. The market anticipated a 0.5% decrease in UK retail sales, while GBP/USD slipped to 1.1463. AUD/USD was on a gradual decline, closing at 0.6702. USD/CAD climbed to 1.3227, currently at 1.3240. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1Oy Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation. |
![]() | EUUSD ▶️ GBP/USD 🔽 AUD/USD 🔼 USD/CAD 🔽 XAU 🔼 WTI 🔽 submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/pgj1yu6i4mf91.jpg?width=1081&format=pjpg&auto=webp&s=180b28b703cc0b2036bec880c0665411ea21be57 Yesterday's US economic data indicated an increase in industrial production and crude oil inventories, cheering the greenback while sending WTI oil futures to slide from $96.23 to $90.66 and stabilize. The addition of 4.467 million barrels of crude oil and OPEC slightly boosting production have relieved oil prices to a six-month low. Oil bears have also sent the loonie on a downwards trajectory, USD/CAD closed at 1.2838 with a high of 1.2883. Later tonight, the US Initial Jobless Claims readings will update the US labor market later tonight. Meanwhile, economic data in Europe slightly missed market estimates, after rebounding from 1.0127, EUUSD reached a closing price of 1.0169 with negligible gains. The Bank of England is likely to announce another rate hike, market bets mostly spread between 25 and 50 bps, noticeably lower than those of the Federal Reserve. The British Pound last traded at 1.2143 against the US dollar, and the AUD/USD increased slowly to 0.6943. Gold futures experienced some oscillations, and rose to $1,776.4 an ounce. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1IB Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation. |
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![]() | They is always news on Forex and the economy at large 24/7 available on WikiFx, We do your homework by making the research, visit us now for full coverage on 24hrs news https://www.wikifx.com/en/news.html?gip=TGal13 submitted by rutecharts to u/rutecharts [link] [comments] https://preview.redd.it/lhf4rnirzp1a1.png?width=878&format=png&auto=webp&s=2d2f9594090cb9760605e173c766539915460635 |
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