EUUSD 🔽 GBP/USD 🔼 AUD/USD 🔽 USD/CAD 🔽 USD/JPY 🔼 XAU 🔽 WTI 🔼
https://preview.redd.it/aib1y1rg6l5a1.jpg?width=1081&format=pjpg&auto=webp&s=3c89fd7535e1e1e6a94b6d4c93bf46fe01ba4efc
US inflation data will be announced tonight, just before the Federal Reserve announces its interest rate. As investors expect a slowing annual inflation rate at 7.3% and a monthly reading of 0.3%, rate hike expectations are also adjusted to 50 basis points. This includes central banks in the Eurozone and the United Kingdom.
The US stock market ended with modest gains. As a result, the Dow Jones Industrial Average rose 528 points (+1.58%) to 34,005, the S&P 500 rose 56 points (+1.43%) to 3,990, and the Nasdaq 100 gained 143 points (+1.24%) to 11,706.
Meanwhile, the latest UK GDP results were higher than forecast, with a 1.5% year-on-year increase against a 1.4% projection. As a result, GBP/USD received a slight boost to 1.227. EUUSD traded lower at 1.0535, and AUD/USD lost over 40 pips to 0.6745. Though USD/CAD declined to 1.3631, USD/JPY rose more than 110 pips to 137.66.
Spot gold closed at $1,781 an ounce, down $16. The US oil supply was disrupted by the Keystone oil pipeline outage, driving WTI oil futures higher at $73.17 a barrel. Bitcoin plunged below the $17,000 level but soon recovered, currently trading at 17,160.0.
📱 Get instant market news delivered to you in real-time→ https://mytd.cc/24X
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 regulations.
#fintech #finance #investing #trading #crypto #cfd #forex #commoditytrading #FinancialNews #FinServ #economy
submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/aib1y1rg6l5a1.jpg?width=1081&format=pjpg&auto=webp&s=3c89fd7535e1e1e6a94b6d4c93bf46fe01ba4efc
US inflation data will be announced tonight, just before the Federal Reserve announces its interest rate. As investors expect a slowing annual inflation rate at 7.3% and a monthly reading of 0.3%, rate hike expectations are also adjusted to 50 basis points. This includes central banks in the Eurozone and the United Kingdom.
The US stock market ended with modest gains. As a result, the Dow Jones Industrial Average rose 528 points (+1.58%) to 34,005, the S&P 500 rose 56 points (+1.43%) to 3,990, and the Nasdaq 100 gained 143 points (+1.24%) to 11,706.
Meanwhile, the latest UK GDP results were higher than forecast, with a 1.5% year-on-year increase against a 1.4% projection. As a result, GBP/USD received a slight boost to 1.227. EUUSD traded lower at 1.0535, and AUD/USD lost over 40 pips to 0.6745. Though USD/CAD declined to 1.3631, USD/JPY rose more than 110 pips to 137.66.
Spot gold closed at $1,781 an ounce, down $16. The US oil supply was disrupted by the Keystone oil pipeline outage, driving WTI oil futures higher at $73.17 a barrel. Bitcoin plunged below the $17,000 level but soon recovered, currently trading at 17,160.0.
📱 Get instant market news delivered to you in real-time→ https://mytd.cc/24X
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 regulations.
#fintech #finance #investing #trading #crypto #cfd #forex #commoditytrading #FinancialNews #FinServ #economy
