News
Japan JP Foreign Reserves rose from previous $1178.4B to $1179.1B in October
Analysis
All
Economics
Currencies
Commodity
Shares
Cryptocurrency
As of the Asian session on Friday (November 6), gold prices (XAUUSD) pulled back following consecutive rebounds, dropping about 0.85% intraday to trade near $4,050. Earlier, gold climbed
Micron's $4.5 billion Taiwan fab won't make a chip until 2028 — the market sold it as a 2026 problemMicron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
Micron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
Gold's $250 week runs into the last payrolls before DecemberSpot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
Spot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
TradingKey Daily Market Brief: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22% During the Asian trading session on November 6, the three major U.S. stock indices tumbled across the board overnight as the sell-off across the AI data center suppl
During the Asian trading session on November 6, the three major U.S. stock indices tumbled across the board overnight as the sell-off across the AI data center suppl
Daily Ranking
Markets
Forex
Commodities
Shares
Indices
Crypto
ETFs
Bonds
Tokenized ETFs
EU ETFs
Tokenized Commodities
NameLatest PriceChangeChange%
EUR/USD1.11494+0.00101+0.09%USD/JPY158.179-0.268-0.17%GBP/USD1.33640+0.00206+0.15%USD/TRY50.05309+0.13612+0.27%USD/CHF0.81951+0.00005+0.01%AUD/CAD0.96995+0.00113+0.12%AUD/CHF0.56306+0.00007+0.01%AUD/JPY108.688-0.085-0.08%AUD/NZD1.23471-0.00161-0.13%AUD/SGD0.88110+0.00198+0.23%AUD/USD0.68711+0.00076+0.11%CAD/CHF0.58044-0.00007-0.01%CAD/JPY112.038-0.086-0.08%CHF/JPY192.990-0.161-0.08%EUR/AUD1.62240+0.00005+0.00%EUR/CAD1.57381+0.00012+0.01%EUR/CHF0.91368+0.00003+0.00%EUR/CZK24.319-0.001-0.00%
Data Source: Trading Central*
Markets
Populars
Forex
Commodities
Shares
Indices
Crypto
ETFs
Bonds
Tokenized ETFs
EU ETFs
Tokenized Commodities
OFFICIAL TRUMP1.10
+0.03 ( +2.80% )
1.10
Gold4067.24
-4.01 ( -0.10% )
4067.24
EUR/USD1.11494
+0.00101 ( +0.09% )
1.11494
WTI89.582
-0.085 ( -0.09% )
89.582
USD/JPY158.179
-0.268 ( -0.17% )
158.179
NAS10026889.1
-113.2 ( -0.42% )
26889.1
AUD/USD0.68711
+0.00076 ( +0.11% )
0.68711
Brent96.32
-0.33 ( -0.34% )
96.32
Bitcoin74718.16
+652.30 ( +0.88% )
74718.16
Silver52.055
+0.143 ( +0.28% )
52.055
GBP/USD1.33640
+0.00206 ( +0.15% )
1.33640
USD/CAD1.41176
-0.00019 ( -0.01% )
1.41176
Blog
Mitrade's blog section covers a wide range of topics related to CFD trading, Forex, Shares, Commodities, Indices and Cryptocurrencies. It aims to provide useful information such as trading knowledge and market analysis to traders of all levels.
Thought Leadership
Forex
Commodity
Share
Indices
Cryptocurrency
Others
Education
Learn CFD tradings with Mitrade. Mitrade's Education section offers CFD trading courses for traders looking to improve their trading skills. Courses cover topics from basic to advanced. Choose a course and get started.
Long position VS. short position: Which one is better?
In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
How to Choose an Online Trading Platform
Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
What is Leverage in Financial Trading?
Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.