melissa-89
liked
In honour of Anzac Day, we're hosting a special event for our Australian community members. Whether you're going to spend the morning at a dawn service, or commemorate in your own way - we wanted to foster camaraderie within the moomoo community.
Inspired by the Aussie classic you'll find at your local pub on Anzac day, we are playing two-up - with a trading twist!
If you aren't familiar with two-up, it is a traditional Australian gambling...
Inspired by the Aussie classic you'll find at your local pub on Anzac day, we are playing two-up - with a trading twist!
If you aren't familiar with two-up, it is a traditional Australian gambling...
36
49
melissa-89
liked
We have read stories about how some of the Malaysian media groups “suddenly” have to close down their newspaper operations due digital disruption. Digital disruption does not happen overnight and you would have thought that companies would have years to prepare for this.
One good example of a company that took step to anticipate digital disruption is Asia File. This is a global filing company. We all know that digital technology is changing the way we store...
One good example of a company that took step to anticipate digital disruption is Asia File. This is a global filing company. We all know that digital technology is changing the way we store...
11
melissa-89
liked
Rio Tinto have released their first quarterly production report for 2024. This news comes before the market opens, so we’ll see their movement as the days goes on!
Production for all commodities are down in comparison in Q4 of 2023. However, if you look back at this time last year - aluminium, copper, IOC, and especially bauxite production has increased.
This can be attributed to the stabilisation of mines like Weipa, Gove, and Kitimat.
Copper has been a hot...
Production for all commodities are down in comparison in Q4 of 2023. However, if you look back at this time last year - aluminium, copper, IOC, and especially bauxite production has increased.
This can be attributed to the stabilisation of mines like Weipa, Gove, and Kitimat.
Copper has been a hot...
17
melissa-89
liked
Powell further lowered expectations of interest rate cuts, and the volatility of the US stock market increased. The S&P 500 and Nasdaq indices fell for three consecutive days, hitting their lowest point in nearly two months, while the Dow Jones index finally stopped falling after six consecutive days of decline. In terms of technology stocks, Tesla and Apple continued to decline, while new chips equipped with AI technology caused AMD and Nvidia to reverse the market.
Furthermore, Morgan Stanley bucked the trend and rose 2.5% after the earnings report was released, while Bank of America plummeted 5% in the intraday period, the biggest decline in more than a year. At the same time, Volkswagen's sales of electric vehicles in the European market have declined significantly. Analysts believe that this trend is related to European governments' reduction in electric vehicle subsidies.
In terms of Federal Reserve policy, Chairman Powell's latest speech has further dampened market expectations for short-term interest rate cuts. He pointed out that since inflation lacks further improvement, it may be appropriate to keep interest rates high. Following this statement, the two-year US Treasury yield and the US dollar index both climbed to recent highs, while the yen continued to fall.
In the commodity market, crude oil prices tried to rebound unsuccessfully and fell for the second day in a row. The price of gold continued to rise, reaching a record high for the fourth day in a row. In the metal market, the price of copper has fallen below the highest level in the past two years, while the price of aluminum has reached a 14-month high. Meanwhile, the price of Bitcoin plummeted by more than $2,000 in one day, falling below the $62,000 mark.
In the Chinese market, the China Securities Index continued to fall, hitting a two-month low, and NIO Auto fell more than 2%. The offshore renminbi is hitting five...
Furthermore, Morgan Stanley bucked the trend and rose 2.5% after the earnings report was released, while Bank of America plummeted 5% in the intraday period, the biggest decline in more than a year. At the same time, Volkswagen's sales of electric vehicles in the European market have declined significantly. Analysts believe that this trend is related to European governments' reduction in electric vehicle subsidies.
In terms of Federal Reserve policy, Chairman Powell's latest speech has further dampened market expectations for short-term interest rate cuts. He pointed out that since inflation lacks further improvement, it may be appropriate to keep interest rates high. Following this statement, the two-year US Treasury yield and the US dollar index both climbed to recent highs, while the yen continued to fall.
In the commodity market, crude oil prices tried to rebound unsuccessfully and fell for the second day in a row. The price of gold continued to rise, reaching a record high for the fourth day in a row. In the metal market, the price of copper has fallen below the highest level in the past two years, while the price of aluminum has reached a 14-month high. Meanwhile, the price of Bitcoin plummeted by more than $2,000 in one day, falling below the $62,000 mark.
In the Chinese market, the China Securities Index continued to fall, hitting a two-month low, and NIO Auto fell more than 2%. The offshore renminbi is hitting five...
Translated
22
melissa-89
liked
For me , nothing good below 50MA. $Invesco QQQ Trust(QQQ.US$ is slipping the 50MA here. Selling short now with very tighy stop @443.1.
I have $SPDR Dow Jones Industrial Average Trust(DIA.US$ short to protect my open position since last week. Looking forward to form another ledge near to the 10ma and break.
I have $SPDR Dow Jones Industrial Average Trust(DIA.US$ short to protect my open position since last week. Looking forward to form another ledge near to the 10ma and break.
30
1