$GOLD and $SILVER have both sold off sharply this morning, despite a weaker US $dollar.
Gold is back below $4,000, while silver has broken below its summer lows.
Is this the bottom, or is there more selling to come?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
Key economic releases EUR/USD traders watch 👀
US data
- Non-Farm Payrolls (NFP)
- CPI
- Core PCE Price Index
- Fed rate decisions
- GDP
Eurozone data
- Eurozone & German CPI
- ECB rate decisions & policy guidance
- Eurozone GDP
Which of these moves EUR/USD the most for you? 👇
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#EURUSD #Forex #Fed #ECB #EconomicCalendar
Big Tech’s tough earnings season continues.
After last night’s results, $AMZN dropped over 6% and $INTC plunged 26%, following $GOOGL slide yesterday and $META ’s disappointing numbers last week.
All in all, the third quarter hasn’t been good for hyperscalers, and that is starting to weigh heavily on AI-adjacent stocks.
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
$BTC has dropped below $80,000 after a security breach at Binance, the world’s largest crypto exchange 🚨
solana:GHGh7s6NkhjuZeNYaBbswi67nMGAfAzy34zSaUk1pump estimates the incident could involve up to $6.3B. It has frozen around $3B so far and promised to cover all losses.
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
Heard of the #Halloween Effect?
Many traders believe that #Stocks perform better from 31 October to 1 May than during the rest of the year.
Is this because of the “sell in May and go away” trend?
Or is it due to the #HolidaySeason optimism?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
Attention #EUR and #DAX40 traders.
#EuroArea #GDP numbers and German #Inflation rate data expected today.
Will the numbers raise confidence in the EU economy?
Stay prepared for #MarketMoves.
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#FXTrading #IndexTrading #EconomicIndicator
The #ECB has held rates at 2.5%, as expected, but warned of rising inflation risks from higher energy costs. The bigger news: Christine Lagarde will step down as ECB President in February, nine months early.
The $euro fell to its lowest since May.
Will a new ECB leader change the rate outlook?
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
$GOOG shares fell over 10% after its Q3 results 📉
EPS and revenue both missed expectations for the first time in nearly four years, while negative free cash flow hit $9.07B, far above the $2.70B expected.
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
Set your alarm. #ECB announces its #InterestRate decision shortly.
It raised rates by 25 bps in September, the second hike since the #USIranWar began.
Today’s decision could affect #EUR strength and corporate borrowing, impacting stocks.
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
Heads up, traders!
#US #GDP and Initial Jobless Claims data’s out today.
GDP grew 2.2% in Q2, while Initial Jobless Claims have fluctuated throughout the year.
Will today’s numbers move #Markets?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#ForexTrading #MarketNews #IndexTrading
Could today be a big day for #USD?
#US Q3 #GDP data is out today.
Traders follow it because it serves as a scorecard for the world’s largest economy.
It can drive global market sentiment and asset prices.
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#FXTrading #IndexTrading #SP500
Staying awake late?
#EuroArea consumer inflation expectations data comes out late tonight.
It could influence #ECB monetary policy expectations, which could impact the #EURUSD.
Will #EUR related #ForexPairs move tomorrow?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#ForexTrading
#Fed decision tonight at 18:00 GMT
No change in rates is expected after last month’s hike, but markets are pricing an 85% chance of another hike in December. All eyes on the statement and press conference.
Is the Fed right to keep the door open to another hike?
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
#UKBudget at 12:30 today 🇬🇧
Public debt passed £3 trillion in September, and 10-year gilt yields hit their highest since 2007 this month. Chancellor Healey’s first Budget could move gilts, the pound and UK stocks.
The key question: will the bond market be convinced?
$GBP
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
The US #FederalReserve announces its #InterestRate decision today.
It unanimously hiked the federal funds rate to 3.75%-4.00% in September.
This was the first rate hike since 2023 and widely expected.
What’s your prediction for today?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
Popular #RiskManagement techniques for #LeverageTrading:
- Setting stop-loss & take-profit orders
- Careful position sizing
- Selecting a risk-reward ratio
- Choosing #Leverage wisely
Which ones do you use in #CFDTrading?
73.8% of retail CFD accounts lose money.
Past performance is not indicative of future results.
#MarketRisk #LeverageRisk
Markets see just a 10% chance of a #Fed rate hike tomorrow.
But investors still expect rates to rise before year-end, with US inflation well above the 2% target.
Thursday’s Core #PCE data will show how far above.
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
$GOLD is trading either side of $4,000 after breaking below it on Friday for the first time since late July.
Just last Thursday it was comfortably above $4,100, before selling off in a straight line.
What do you think is behind gold’s pullback?
73.8% of retail CFD accounts lose money. Past performance is not indicative of future results.
