Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Emas naik kepada $2,461.27 per auns, menghampiri paras tertinggi rekod $2,483.60.
Jangkaan peningkatan pemotongan kadar faedah AS pada bulan September memacu permintaan emas.
Harga emas (Simbol:XAUUSD) meningkat, diperdagangkan pada $2,461.27 per auns. Ini adalah paras harga yang tidak jauh dari paras tertinggi rekod $2,483.60 yang ditetapkan dalam sesi sebelumnya. Dengan peningkatan jangkaan pemotongan kadar faedah AS pada bulan September, ini menjadi faktor penting yang memacu permintaan emas.
Carta menunjukkan bagaimana emas mengalami tekanan, seperti yang diperhatikan pada aplikasi VT Markets.
Jangkaan Pemotongan Kadar Fed
Selain daripada peningkatan kebarangkalian pemotongan kadar Fed pada bulan September, sentimen pasaran keseluruhan juga telah diperkukuhkan oleh komen dari pegawai Fed.
Gabenor Fed Christopher Waller dan Presiden Fed New York, John Williams, telah memberikan bayangan mengenai jangka masa yang lebih pendek ke arah dasar monetari yang lebih longgar. Selain itu, Presiden Fed Richmond, Thomas Barkin, menyatakan optimisme mengenai penurunan inflasi.
Kadar faedah yang lebih rendah secara umum meningkatkan tarikan bullion tanpa hasil, mendorong kenaikan harga emas.
Pilihan raya AS yang akan datang dan potensi perang perdagangan global, terutamanya di antara AS dan China, boleh meningkatkan lagi status logam berharga kerana pelabur memerlukan cara untuk melindungi pendedahan ekuiti dan mata wang mereka.
Apa Yang Akan Terjadi Kepada Harga Emas?
Oleh itu, emas boleh meningkat ke paras harga antara $2,700 hingga $3,000 dalam tempoh 6 hingga 12 bulan akan datang, tanpa mengira keputusan pilihan raya AS. Pandangan ini didorong oleh jangkaan kadar faedah yang lebih rendah dan potensi ketegangan geopolitik.
Kemungkinan untuk emas mengekalkan trajektori menaik didorong oleh peningkatan jangkaan untuk pemotongan kadar Rizab Persekutuan dan ketidakpastian ekonomi dan geopolitik. Pedagang harus bersedia untuk mengambil kesempatan daripada trend ini sambil mengekalkan pengurusan risiko mereka.
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
“OPEC daily basket price stood at $86.51 a barrel.”
“Al Ghais: Peak oil demand not on the horizon.”
“37th OPEC and non-OPEC Ministerial Meeting.”
Above are some of the headlines that oil traders would eye on every business day. For someone new to the oil as a commodity in day trading, one must wonder why the OPEC is a big deal in this market.
The short answer: OPEC in the oil industry is almost as important as the US Federal Reserve in the currencies industry. Find out how and why.
Who is OPEC and OPEC+?
The Organization of the Petroleum Exporting Countries, or OPEC, is a group of oil-producing nations. Formed in 1960, its country members include Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates and Venezuela.
The main goal of OPEC is to coordinate and unify petroleum policies among member countries. This helps stabilise oil markets and secure fair prices for oil producers.
OPEC+ is an expansion of OPEC that includes additional oil-producing countries, including Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, South Sudan and Sudan. These non-OPEC members joined forces with OPEC to better manage oil production and prices. OPEC+ was formed in 2016 to address the oversupply of oil and the resulting drop in prices.
Together, OPEC and OPEC+ control a large portion of the oil supply in the world.
How OPEC and OPEC+ influence the oil market
OPEC and OPEC+ influence the oil market mainly by adjusting their production levels. When they agree to cut production, it reduces the oil supply in the market. This often leads to higher oil prices. Conversely, increasing production can flood the market with oil, causing prices to drop.
The oil embargo 1973
In 1973, an OPEC member Saudi Arabia declared an oil embargo. This was in response to Western support for Israel during the Yom Kippur War. The embargo led to a severe shortage of oil and skyrocketing prices. In the US, gas prices jumped, and long lines formed at gas stations. This crisis showed the world how powerful OPEC could be in controlling oil prices.
The oil glut in 2014
In 2014, OPEC decided not to cut production despite a growing supply glut. This decision led to a rapid decline in oil prices, including WTI, as traders anticipated continued oversupply in the market.
WTI prices dropped from over $100 per barrel in mid-2014 to below $50 per barrel by early 2015.
The COVID-19 pandemic in 2020
In 2020, the COVID-19 pandemic caused a sharp decline in oil demand. At the same time, a price war between Russia and Saudi Arabia led to increased production. The result was a significant drop in oil prices, even turning negative for a short period.
OPEC+ then agreed to historic production cuts to stabilise the market. This action helped oil prices recover over time.
How to day trade in the oil market
The first thing you must understand is there are two major forms of oil asset in the world.
Brent oil: Sourced from oil fields in the North Sea between the United Kingdom and Norway, Brent oil serves as a pricing benchmark for oil produced in Europe, Africa and the Middle East. Production decisions by OPEC and OPEC+ impacts the Brent oil directly as these changes hit the oil inventory level.
The West Texas Intermediate (WTI) oil: In contrast, the oil inventory of WTI is primarily extracted from oil fields in Texas, North Dakota, and Oklahoma in the United States and is traded at the Cushing, Oklahoma hub, a key storage and pricing point for US crude oil. While OPEC and OPEC+ do not directly control the production by WTI, their decisions can indirectly affect WTI as the global supply proportion is large enough.
If you are looking to do trade oil, know that supply and demand in the oil industry are mainly driven by the decisions from OPEC and OPEC+ meetings, apart from global economic data and geopolitical events.
By keeping an eye on these factors, day traders can anticipate price movements as you combine your trading strategy with technical analysis.
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
New contracts will automatically be rolled over as follows:
Please note:
• The rollover will be automatic, and any existing open positions will remain open.
• Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.
• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
• Please ensure that all take-profit and stop-loss settings are adjusted before the rollover occurs.
• All internal transfers for accounts under the same name will be prohibited during the first and last 30 minutes of the trading hours on the rollover dates.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
