简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Afternoon Briefing 11 July 2023: Oil Rises on OPEC+ Production Cuts
Abstract:Asian stocks rose as Wall Street snapped a three-day losing streak.

Asian Markets
Asian stocks rose as Wall Street snapped a three-day losing streak.

European Markets
European bourses mostly up as UK record wage growth added to inflation worries.

US Pre-Open Markets
The US stock market tends to rise as traders are waiting for the main inflation data.

Commodities
Oil rose on OPEC+ cuts and traders are eyeing economic data.

U.S. Treasury Yield
Treasury yields fell as investors looked to key economic data.

Major Currency Pairs
The dollar slipped as the Fed's hike cycle draws to a close and focus on US inflation.


Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more

Voices of the Golden Insight Award Jury | David Bily, Founder and CEO of Moneta Markets
WikiFX Golden Insight Award uniting industry forces to build a safe and healthy forex ecosystem, driving industry innovation and sustainable development, launches a new feature series — “Voices of the Golden Insight Awards Jury.” Through in-depth conversations with distinguished judges, this series explores the evolving landscape of the forex industry and the shared mission to promote innovation, ethics, and sustainability.

HSBC announced a $1.1 billion charge linked to the largest Ponzi scheme in financial history
The British banking giant HSBC Holdings Plc has announced a potential $1.1 billion charge connected to the long-running Bernard Madoff Ponzi scheme, following a legal ruling in Luxembourg. The claim stems from Herald Fund, a European investment fund that sued HSBC over alleged losses related to the Madoff fraud.

More than £100,000 was fined! Firm advisor banned by FCA for financial crime.
The UK Financial Conduct Authority (FCA) has taken decisive action against a financial professional for insider dealing, underscoring its firm stance against market abuse and dishonest conduct within the financial industry.

Empower with Knowledge, Co-create the Future: Investor Education Initiative
Thank you for your continued strong support for the WikiFX APP Forex Community! We are delighted to see that many professional brokers like you have already shared valuable market insights, trading strategies, and risk management knowledge within the community, providing extremely valuable learning resources for the vast number of traders and fostering an increasingly vibrant learning atmosphere.
