EUR/USD
1.16355
-0.009%
Gold
4199.19
0.204%
Oil
58.920
0.450%
USD/JPY
156.275
0.228%
GBP/USD
1.33227
0.012%
GBP/JPY
208.205
0.245%
Real-time News
1. For traders, the risk lies in the timing of entry. Even if you correctly predict the market trend, a poor entry point can still be very risky due to high volatility. Current trading strategies often involve entering on the right side and exiting on the left side, which can effectively capture opportunities while controlling risk. 2. An upward trend is an accelerating process, while a downward trend is often a decelerating one. In an upward trend, there are usually only one or two "sweet spots," offering limited opportunities. Both technical and fundamental analysis are effective only if you truly understand them thoroughly. 3. When everyone is losing money, there is little risk; when everyone is making money, there is real risk. I believe both commodities and stocks offer good opportunities, but stocks are relatively less risky. In my view, stocks offer a more favorable risk-reward ratio. 4. Institutions with a genuinely profitable business model, a good management team and methods, a commitment to investor responsibility, and a proven track record of good performance are likely to achieve sustainable growth. There are two main types of traders: analytical traders and methodological traders, or systemic traders. We trade methods, not instruments; we are method traders, not instrument traders.Commodity trader Trafigura: The oil market will face a “super oversupply” next year as a surge in new supply clashes with a weak global economy.On December 9th, Melanie Debono of Pansen Macroeconomics noted in a report that Germanys expanding trade surplus was mainly supported by demand from its EU partners. Data shows that Germanys seasonally adjusted nominal goods trade surplus rose to €16.9 billion in October, up from €15.3 billion the previous month and exceeding market expectations of €15.9 billion. While exports to non-EU countries declined by 3.3%, exports to EU member states increased by 2.7%. Meanwhile, the decline in imports was mainly due to reduced demand for goods from non-EU countries. "We believe that overall net exports, including goods and services, will support GDP this quarter," Debono said, noting that the German economy is expected to resume growth in the fourth quarter after stagnating in the third quarter.December 9th - A spokesperson for the Hong Kong Hospital Authority (HA) announced today (December 9th) that the condition of those still hospitalized after the Tai Po fire continues to improve, with the last patient initially classified as seriously injured now in stable condition. All 24 patients remaining in hospital are currently in stable condition. Medical staff will continue their efforts to care for all the injured, hoping for their speedy recovery.December 9th - The dollar held steady ahead of the Federal Reserves policy statement and Chairman Powells speech. According to LSEG data, the market expects a near 90% probability of a 25 basis point rate cut by the Fed on Wednesday, with two more rate cuts anticipated next year. Recent market speculation suggests the Fed may be cautious about further rate cuts, and any deviation from this expectation would weigh on the dollar and Treasury yields. "Any signals from Powell indicating a more dovish policy path could put downward pressure on the dollar and long-term yields," said Joseph Dahrieh of Tickmill in a report.
