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Financial Markets React to Banking Turmoil and Cryptocurrency Surge

Following the recent collapse of several American regional banks and the Credit Suisse Group AG crisis, investors have begun to recall memories of the 2008 financial crisis. Speculation is rife that major central banks may need to provide liquidity support to financial regulators. As a result, the S&P 500 initially plummeted by over 2%. However,Continue Reading

Changes in trading hours for upcoming holidays – March 15, 2023

Dear Client, Please note that the following instruments’ trading hours will be affected by the upcoming holidays. Note: The dash sign (-) indicates normal trading hours. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].

US Stocks Surge as Banking Turmoil Fades, Gold and Cable Under Pressure

US stocks surged in the closing hours of trading on Tuesday, with traders confident that the worst of the banking turmoil was over. The KBW Bank Index gained 3.2% but remained fragile, with rating companies offering negative remarks on the financial sector. The S&P500 regained much of the ground lost earlier in the day, withContinue Reading

Fluctuations in US Stock Market Due to Treasury Yield Drop and Tech Stocks Rebound

The US stock market experienced fluctuations on Monday, marked by oscillations between gains and losses. A sudden drop in the yield on the two-year Treasury note was one of the reasons for this. The drop was significant, its largest in decades. On the other hand, tech stocks rebounded from a previous week’s dip after SiliconContinue Reading

Week Ahead: Markets to focus on US CPI, PPI and ECB Rate Statement 

This week, market participants are closely monitoring the release of key economic indicators in the US, including the Consumer Price Index, Producer Price Index, and Retail Sales. The Rate Statement from the European Central Bank is also expected to draw significant attention. These highly anticipated releases have the potential to cause significant fluctuations in theContinue Reading

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