US holidays limit market volatility Pay attention to the performance of non farm payroll data in the United States for June tonight

05 Jul, 2024

​On Thursday (July 4th), the US dollar index continued to fall towards the 105 level, ultimately closing 0.179% lower at 105.06, a new low since mid June.

On Thursday (July 4th), the US dollar index continued to fall towards the 105 level, ultimately closing 0.179% lower at 105.06, a new low since mid June.

 

On Thursday (July 4th), gold continued to rise in the US market, closing at $2357.42, an increase of 0.06%. The highest intraday price reached $2362. Previously, the United States released a series of weak data, and the tone of Federal Reserve Chairman Powell also changed, increasing people's bets that the Federal Reserve will cut interest rates earlier than previously expected.

 

On Thursday (July 4th), international oil prices rose for the second consecutive trading day as traders continued to digest data on declining US crude oil inventories and the geopolitical situation in the Middle East. WTI crude oil rose 0.57% to close at $84.04 per barrel; Brent crude oil hit its highest point since the end of April and ultimately closed up 0.56% at $87.52 per barrel.

 

x

WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.