Web Trader MT5 
Global markets are rallying this week on rising expectations that the Federal Reserve will cut interest rates at its December. The CME FedWatch tool shows traders pricing in an 84% chance of a 25 bps cut. U.S. stocks rose on Wednesday, marking a fourth straight day of gains ahead of Thanksgiving. Dow Jones and the S&P 500 gained 0.7, and the Nasdaq added 0.8%. Tech stocks helped lift the market, with Oracle jumping 4%
The Fed’s latest Beige Book shows early signs of a cooling U.S. economy. Employment declined slightly in mid-November as businesses slowed hiring, reduced hours, or relied on attrition rather than layoffs. Consumer spending also softened, especially among middle-income households, while higher-income spending remained resilient.
In Europe, Thursday brings no major earnings, with key data limited to Germany’s GfK consumer confidence survey and EU economic sentiment figures.
NZD/USD extended its gains on Thursday, rising to a new monthly high near 0.5730 during the Asian session, helped by broad US Dollar weakness, strong retail sales, and and indication from the Reserve Bank of New Zealand to end the rate cuts. The pair broke above key resistance at 0.5730.
In the commodities market, gold prices climbed to their highest level in more than a week as rising expectations of a December Fed rate cut boosted demand for the non-yielding asset. The precious metal rose 0.8% to $4,173.
The crypto market also jumped 3.7% on Wednesday, led by Bitcoin’s nearly 4.5% surge above $91,000 and Ethereum’s 4% rebound above $3,000. Risk appetite strengthened across sectors. Additionally, Ripple’s USD-backed stablecoin, Ripple USD (RLUSD), has been officially recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This approval allows licensed firms within the Abu Dhabi Global Market (ADGM) to use RLUSD for regulated activities, provided they meet compliance requirements.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
