WM MarketsNews & Research Blog - Forex & CFD Market Analysis

Gold starts the week on a weaker note following Friday's 0.8% drop, closing below the $2500 mark. The decline was driven by Friday's US labor data, which showed lower-than-expected job growth, but a surprising drop in the unemployment rate…
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Today’s NFP report, the most crucial of several US labor sector releases this week, revealed that nonfarm payrolls increased by 142,000 jobs in August, below the expected 164,000 rise and following a downward revision of July’s figure from…
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German industrial production dropped by 2.4% in July, following an upwardly revised 1.7% increase in June, far exceeding the expected 0.4% decline and tempering hopes for economic recovery. The data, released on Friday, dampened optimism…
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BTC/USD is hovering near a one-month low early Friday, marking its fourth consecutive day in the red and heading for a second weekly loss. Signs of a potential reversal pattern are emerging on the weekly chart, with a series of lower…
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Gold surged on Thursday, gaining around 0.85% and recovering most of its recent pullback from the new all-time high of $2531. The decline found strong support at the $2470 level, where a higher base is forming. The precious metal remains…
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USD/JPY continues to trend lower, hitting a fresh one-month low on Thursday, driven by expectations of a Federal Reserve rate cut and the diverging policies between the Fed and the Bank of Japan (BoJ). While the Fed is moving toward its…
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The latest data on U.S. job openings reveals a notable slowdown in the labor market, with openings falling to 7.673 million in July, the lowest level in three and a half years. This decline, coupled with a downward revision of…
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Gold prices continued to decline on Wednesday, following the loss of the key psychological support level at $2,500, signaling the potential for a deeper pullback. The drop below the 20-day moving average (DMA) at $2,489…
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Oil prices continued to decline on Wednesday, falling below the key psychological level of $70 after a 5% drop on Tuesday. The WTI contract hit a new low for 2024, fueled by mounting concerns over global oil demand, exacerbated by Tuesday’s…
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The U.S. manufacturing sector showed slight improvement in August, with the Institute for Supply Management (ISM) manufacturing PMI rising to 47.2, up from July’s eight-month low of 46.8. However, the PMI remains below the critical 50…
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