FOREX
US dollar index (USDX)
The U.S. dollar was lower in early trade today but remained close to a two-year high after minutes from the last Federal Reserve (Fed) meeting showed policymakers were preparing to move aggressively to head off inflation. The Dollar Index traded 0.1% lower at 99.520, just below Wednesday’s high of 99.78 which was its highest since May 2020. While the minutes’ scope was largely within expectations, the Fed’s decision to move quickly and aggressively to handle inflation gave the dollar a boost.
EURUSD-GBPUSD
The shared currency gained 0.2% to 1.0918, amid recording a one-month low of 1.0874 as fresh sanctions were imposed on Moscow. The European Central Bank’s (ECB) last meeting minutes are due later today and are unlikely as hawkish as the Fed’s. Meanwhile, ECB has to cope with slumping growth in the wake of the Ukrainian war even as Eurozone inflation soared to a record high of 7.5%. Furthermore, the sterling pound rose 0.2% to 1.3086 as
Asia-Pacific
USD/JPY fell 0.1% to 123.70, near a one-week high, AUD/USD fell 0.3% to 0.7491, while USD/CNY was largely unchanged at 6.3612.
Indices
United States
Stocks fell Thursday amid the Federal Reserve (Fed) outlined plans to reduce its spending by more than $1 trillion a year while hiking interest rates. This plan is supposed to restrain inflation that could negatively affect economic growth. The minutes signaled the possibility of a 50 basis points increase, while the Fed is considering reducing its bond holdings at a pace of $95 billion a month to tighten financial conditions. The Dow Futures contract was down 0.5%, S&P 500 Futures traded 0.7%, lower, while Nasdaq 100 Futures dropped 1.1%.
Europe
European stock markets are expected to open lower Thursday, resuming the sharp losses from the previous session. Furthermore, investors were wary after Fed policymakers indicated the need for tighter monetary policy to handle inflation. The German DAX futures traded 0.2% lower, CAC 40 futures dropped 0.4%, while the FTSE 100 futures fell 0.1%.
Asia-Pacific
Asian stocks were down this morning as Fed revealed plans to hike rates and pare its balance sheet. Hong Kong’s Hang Seng Index inched down 0.1%, China’s Shanghai Composite was down 0.4%, while Japan’s Nikkei 225 slid 1.81%.
The ASX 200 was down 0.59% in Australia, with the Australian Industry Group services index at 56.2 in March 2022. Trade data for February 2022 also showed that exports grew 0% month-on-month, imports grew 12% month-on-month, and the trade balance was AU$7.457 billion ($5.63 billion).
Metals
Gold was up this morning in Asia, while the dollar remained near a two-year high amid the U.S. Federal Reserve maintained its hawkish stance in the minutes from its latest meeting. The benchmark U.S. 10-year Treasury yield was close to the multi-year highs hit in the previous session. However, gold futures inched up 0.01% to $1,923.30.
Meanwhile, silver prices eased by 0.2% to $24.4 as rising inflation counters downward pressure. Platinum inched down 0.1%, while palladium gained 0.5%.
Energy
Crude oil prices edged up during the early trades after touching their three-week low during the previous session. Black gold gained amid consuming nations announced a huge release of oil from strategic reserves, as worries over tight supplies still clouded the market outlook. International Energy Agency (IEA) members agreed to release 60 million barrels. Previously the U.S. announced a 180-million-barrel release to help drive down prices.
Brent crude futures climbed $1.42 to $102.52 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose $1.55 to $97.78 a barrel. Both benchmarks plunged more than 5% in the previous session and hit their lowest closing levels since March 16.
尊敬的用户: 您好,为进一步提升STARTRADER的竞争力和优化客户的交易体验,从2024年11月25日起,所有美股产品的杠杆将进行调整。 调整详情如下: 产品代号 原杠杆 变更后杠杆 All US Shares美股 1:20 1:33 *所有日期均以 GMT+2 为准(MT4/MT5 服务器时间)。 强烈建议持仓客户相应管理您的仓位,因为上述工具的杠杆将于 2024…
尊敬的客户 STARTRADER星迈始终把客户的利益放在首位,通过双重认证(2FA)为您的交易之旅保驾护航。您可点击此处查看启用流程,轻松完成设置。 双重认证,或称双因素认证,即2 Factor Authentication——2FA验证,是全球领先金融机构广泛使用的重要安全措施之一,用于进一步保障客户账户和支付的安全性。 迈出这关键的一步, 让双重认证(2FA)为您的交易之旅护航, 助您安全畅游交易世界,收获丰硕成果! 如果您有任何疑问或需要协助,请发送电子邮件至 info@startrader.com 或通过在线聊天 https://www.startrader.com/ 联系我们, 我们随时乐意为您提供帮助。
尊敬的客户: 您好,我司期货产品十一月份的展期将至,因新旧期货合约之间存在价格差异,为规避潜在的交易风险,建议客户妥善控制仓位。 期货合约的展期时间如下: 产品代号 产品名称 展期日 FRA40ft France 40 Index Future法国CAC40指数(期货) 2024-11-14 CL-OIL Crude Oil…
尊敬的客户: 您好,受即将到来11月份假期影响,STARTRADER的交易时间将有所调整。 请参考下表了解涉及调整的产品情况: 日期 2024年11月4日 2024年11月11日 2024年11月15日 2024年11月20日 假期 万圣节 卡塔赫纳独立日 共和国日 黑人意识日 BVSPX巴西股指(圣保罗指数) 正常…
尊敬的客户: 请注意,由于2024年11月3日实施的美国夏令时变化,以下产品的交易时间将会调整。 产品代号 交易时间 (GMT+2) Cocoa美国可可豆现货 星期一~星期四: 11:45-20:30星期五: 11:45-20:27 Coffee阿拉比卡咖啡豆现货 星期一~星期四: 11:15-20:30星期五: 11:15-20:27 Sugar11号精糖现货 星期一~星期四:…
尊敬的客户: 您好,受即将到来11月份假期影响,STARTRADER的交易时间将有所调整。 请参考下表了解涉及调整的产品情况: 日期 2024年11月1日 假期 万圣节 USDCLP美元兑智利披索 闭市 USDINR美元兑印度卢比 闭市 *所有日期均为GMT+3(MT4/MT5服务器时间) 请注意:在市场流动性下降情况下,点差可能会较正常平均水平显著扩大,我们建议客户在交易时要妥善管理仓位、确保账户资金充足,并且进行谨慎交易。 如果您有任何疑问或需要任何帮助,请随时发送电子邮件至 info@startrader.com 或透过线上聊天 https://www.startrader.com/ 联系我们。 感谢您的支持!STARTRADER团队