If you are eager to understand the magic behind the financial markets, look no further than fundamental analysis! It’s time to unlock this exciting aspect of CFD trading and show you how to take advantage of it like a pro. What Is Fundamental Analysis? Fundamental analysis is all about exploring the real factors that drive […]

Focus on gold. Fundamentally speaking, the US released retail sales in July increased by 0.7% mom. The figure for June was also revised up to 0.3% from 0.2%, suggesting the U.S. economy continued to expand in 3Q and avoid recession. Consequently, inflation stays still in the short run.  With demand remaining resilient and labor market […]

The specification for US shares CFD will be adjusted during the end of the earnings season. Adjustment Details 1. Effective Date: Since 21, Aug 2023 2. Adjustment: The leverage of US Shares CFD will be adjusted from 20:1 to “33:1”. From 21, Aug 2023 Product Previous Leverage Leverage after updating US share CFDs 20:1 33:1 […]

Focus on EUR/USD. Fundamentally speaking, although Fed’s rate hike coming to an end, the U.S. dollar index continues to rise. According to data released by the CFTC last week, the short positions fell to the lowest level in eight weeks. Short-covering is fueling a rebound in the U.S. dollar index as hedge funds continue to […]

RBNZ might hold rates unchanged while institutions short on NZD The Federal Reserve Bank of New Zealand will announce the latest interest rate decision on Wednesday, and the market expects to keep the OCR official cash rate unchanged at 5.50%. At the moment, global economics are cooling, while the figures released by RBNZ are not […]

Oil, A Fiery Tale of Supply and Demand Last week, the reports released by the three major oil organizations gave investors a better understanding of the short-term crude oil market. After oil prices have been rising for some time, major adjustments are expected this week. The Dynamics of Demand and Supply In June 2023, global […]

Focus on EUR/USD. On fundamentals, last week PMI figures in the euro zone reconfirmed the pressure on the European economy, with the manufacturing sector recording 42.7 in July, the lowest manufacturing PMI since 2020. The PMI for the services sector was revised down to 50.9 in July, the lowest up to date. In this context, […]

Focus on GBP/AUD today. On fundamentals, there is no notable financial data due today. The difference in monetary policy between the UK and Australia will control the currency exchange rate in the short run. (Blue vs Black, BoE rate vs RBA rate) The BoE raised its benchmark interest rate by 25 bps to the highest […]

The non-farm payrolls have passed, the inflation data has come, and the dollar is still in decline Last Friday, August 4th, the U.S. nonfarm payrolls data fell short of expectations for the second consecutive month. According to the data released by the U.S. Department of Labor, the seasonally adjusted non-agricultural employment in the United States […]

Focus on GBP/AUD today. On Fundamentals, BoE raised its benchmark interest rate by 25 bps yesterday, reaching the highest level since 2008. Rising interest rates mean higher borrowing costs, meaning more pressure on many homeowners. The UK continues to be on the edge of recession. Separately, RBA’s monetary report suggests suspending interest rate hikes, however, […]