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Yearly Archives: 2024

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Upbeat U.S. GDP Spurs Dollar Strength

Written on August 30, 2024 at 6:01 am, by

Market Summary The Dow Jones set a new milestone, rising to 41,577 points before experiencing a retracement. In contrast, the Nasdaq continues to struggle, weighed down by Nvidia’s earnings report, which appears to lack a significant “wow” factor. The Asian equity markets are expected to mirror the sentiment of the U.S. market and may endContinue Reading

A Comprehensive Guide of MT4: What is MT4?

Written on August 30, 2024 at 4:22 am, by

Key Takeaways * MT4 is a widely utilized electronic trading platform in the realm of online retail foreign exchange (forex) speculation.  * MT4 offers a user-friendly interface and powerful features for traders of all levels. * The platform is compatible with various devices, including Windows, Mac, iOS, and Android. * Traders can access real-time marketContinue Reading

Fed Rate Cut Calls, Would NFP Tilt The Odds?

Written on August 30, 2024 at 2:21 am, by

Tuesday, 3 September 2024, 16:00 – US ISM Manufacturing PMI (Aug) The latest data for the U.S. ISM Manufacturing PMI, released on August 1, 2024, shows a decline to 46.8, down from 48.5 in June. This marks the sixth consecutive month of contraction (a reading below 50) and remains well below the historical average ofContinue Reading

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