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General Risk Warning for stocks, cryptocurrencies, ETP, FX & CFD Trading. Investment assets are leveraged products. Trading related to foreign exchange, commodities, financial indices, stocks, ETP, cryptocurrencies, and other underlying variables carry a high level of risk and can result in the loss of all of your investment. As such, variable investments may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall Witbrew LLC and associates have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to investment trading or (b) any direct, indirect, special, consequential or incidental damages whatsoever.

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Editors’ Picks

Australian GDP expands 0.2% QoQ in Q3 vs. 0.4% expected

Australian GDP expands 0.2% QoQ in Q3 vs. 0.4% expected

Australia’s Gross Domestic Product rose 0.2% in the third quarter of 2023 compared with the 0.4% growth in Q2, the Australian Bureau of Statistics showed on Wednesday. This reading came in below expectations of 0.4%. Following the data, the AUD/USD is up on the day to trade at 0.6565.

AUD/USD News

EUR/USD extends the decline below 1.0800, Eurozone Retail Sales eyed

EUR/USD extends the decline below 1.0800, Eurozone Retail Sales eyed

The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. The upbeat Eurozone PMI data for November failed to inspire the Euro amid the persistently weak demand in the Eurozone.

EUR/USD News

Gold drops to $2,020, eyed on US ADP data

Gold drops to $2,020, eyed on US ADP data

Gold loses momentum during the early Asian session on Wednesday. The renewed US Dollar demand drag the yellow metal lower. Meanwhile, the US Dollar Index rebounds to 104.00. The XAU/USD price trades near $2020, up 0.01% for the day.

Gold News

Bitcoin price hits $44,000 as Coinbase CEO speculates BTC could be key to extending Western civilization

Bitcoin price hits $44,000 as Coinbase CEO speculates BTC could be key to extending Western civilization

Bitcoin price has revisited levels last seen in April 2022, prior to the collapse of the Terra UST ecosystem. Its foray above the $42,000 psychological level has market watchers enthused, so much so that there are now hyped-up predictions about further gains.

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US markets traded in a mixed-bag fashion

US markets traded in a mixed-bag fashion

US markets traded in a mixed-bag fashion, but the tone of the S&P 500 was rather moody, with losers outpacing winners by a wide margin, all as markets digest a stronger-than-expected November ISM Non-manufacturing survey offset by an unexpected significant decline in October job openings.

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