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Oil Drops 3% as Geopolitical Concerns Ease

Market News Summary The Bank of Japan kept interest rates unchanged at 0.1% during its meeting and confirmed that the target level for 10-year Japanese government bond yields will remain at 0%, but it will take a range of up to 1% as a reference. On Monday, the U.S. Treasury Department stated that it expectsContinue Reading
Written on October 31, 2023 at 8:21 am
Categories: News Technical Analysis
Gold Reaches its Highest Level Amid Geopolitical Tensions and Economic Data Awaited

Market News Summary Data released by the People’s Bank of China showed that bond issuances in China reached around 6.06 trillion yuan (approximately $844 billion) last September. Treasury bond issuances reached 1.18 trillion yuan, while local government bond issuances reached 447.68 billion yuan, according to the People’s Bank of China. In the United States, despiteContinue Reading
Written on October 30, 2023 at 11:31 am
Categories: News Technical Analysis
S&P 500 Index Rebounds From Its Lowest Levels In 5 Months

Market News Summary Microsoft shares surged by approximately 5% in after-hours trading following the release of the American company’s first-quarter earnings results for 2022. The company reported earnings per share of $2.99, surpassing earlier market expectations of $2.65 per share. Additionally, their revenues amounted to $56.52 billion, exceeding the projected $54.50 billion. Alphabet also recordedContinue Reading
Written on October 25, 2023 at 8:48 am
Categories: News Technical Analysis
Is Copy Trading Profitable?

Can You Actually Make Money with Copy Trading? Is copy trading profitable? Copy trading presents a promising investment opportunity. It’s user-friendly, demands minimal effort, and holds the promise of extra earnings. But the central question lingers: Is it possible to truly profit from copy trading? This article delves into the world of copy trading, aimingContinue Reading
Written on October 25, 2023 at 8:02 am
Categories: Knowledge Basics
Market Impact: 5% Decline in Bond Yields as Eurozone Consumer Confidence Dips

Market News Summary Consumer sentiment in the Eurozone has worsened during the current October, according to preliminary data released by the European Commission on Monday. The Consumer Confidence Index in the Eurozone, which includes 20 countries, decreased to -17.9 points this month compared to -17.8 points last month, while analysts had expected it to dropContinue Reading
Written on October 24, 2023 at 9:44 am
Categories: News Technical Analysis
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