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If you has been following my previous post, i stated that the support level will be 1580 and i been shorting future FKLI since the level of 1630 ++. The correction and pull back is expected after recent rally. Index value at RM 25 per tick and now , if you short at 1630 and today price is 1589, you been having a nice profit of 40 tick percontract. One contract will be worth RM 1000. A pretty nice profit for future traders who normally hold more t...
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Higher Treasury yields are making gold less competitive, given that the asset doesn't offer its holders any income. $Gold Futures(FEB5) (GCmain.US)$ also fell as stronger economic datacurbed demand for haven.
How are you expressing your outlook on gold in the investing world? Share your thoughts below
How are you expressing your outlook on gold in the investing world? Share your thoughts below
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U.S. business activity grew at the fastest pace in 26 months in June, data from S&P Global's provisional Purchasing Managers' Index survey showed. A gauge of selling prices fell amid slowing input cost growth, signaling inflationary pressures are easing, the report showed.
The S&P Global Flash US Manufacturing PMI rose to 51.7 in June, a second straight month of improving business conditions within the goods-producing sector, accor...
The S&P Global Flash US Manufacturing PMI rose to 51.7 in June, a second straight month of improving business conditions within the goods-producing sector, accor...
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As June arrives, a review of the first half of 2024 reveals that the U.S. stock market has been on a remarkable upward trajectory. By June 17, both the $NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ had repeatedly set new all-time highs, while the $Dow Jones Industrial Average (.DJI.US)$ briefly surged past the 40,000-point milestone. Notably, the S&P 500 notched its 30th new high of the year just last night.
From a sector performanc...
From a sector performanc...
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