ICMarkets - ICMarkets.com

[v1forex]

ICMarkets Direct Discount
MT4/MT5: Now only $5.5 per lot, down from $7.
TradingView andcTrader: Commissions cut to $5.5 per lot, previously $6.
Standard Accounts: Benefit from a 0.4 pip discount on spreads for increased profits.

If you already have an account at ICMarkets. Send an email,

To: [email protected]
Subject: IB Change

Dear ICMarkets Team,
I would like to request a change to the introducing broker associated with my existing trading account. Kindly update my account to be linked with the introducing broker ID 66066.
Thank you for your cooperation and prompt action regarding this matter.
Best regards,
[Your Name]


For new accounts
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https://carigold.com/forum/javascript:void(0);


IC Markets Global is one of the most renowned Forex CFD provider, offering trading solutions for active day traders and scalpers as well as traders that are new to the forex market. IC Markets Global offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity.IC Markets Global is revolutionizing online forex trading. Traders are now able to gain access to pricing previously only available to investment banks and high net worth individuals.

Our management team have significant experience in the Forex, CFD and Equity markets in Asia, Europe and North America. It is this experience that has enabled us to select the best possible technology solutions and hand pick some of the best pricing providers available in the market.

When was IC Markets Global Founded?​

IC Markets Global was incorporated by a team of professionals in the financial services industry who were instrumental in the success of one of largest regulated CFD provider.

Why was IC Markets Global Founded?​

IC Markets Global sought to bridge the gap between retail and institutional clients offering a trading solution previously only available to Investment banks and high net worth individuals. IC Markets Global Raw Spread Connectivity was born, providing superior execution technology, lower spreads and unrivalled liquidity.

IC Markets Global is dedicated to innovation, constant improvement and utilising cutting edge technology previously unavailable.

Mission Statement​

IC Markets Global mission is to create the best and most transparent trading experience for retail and institutional clients alike allowing traders to focus more on their trading. Built by traders for traders IC Markets Global is dedicated to offering superior spreads, execution and service.

 

[v1forex]

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, U.S. stocks extended their rally to a third session, lifting the S&P 500 by 52 points (+1.03%) to a record close of 5,157. The Dow Jones Industrial Average gained 130 points (+0.34%) to 38,791, and the Nasdaq 100 jumped 280 points (+1.56%) to 18,297.

While reporting to a panel of the U.S. Senate, Federal Reserve Chairman Jerome Powell said the central bank is not far from the point of cutting interest rates.

The U.S. 10-year Treasury yield eased a further 1.9 basis points to 4.085%.

Communication services, technology and material stocks sectors led the market higher Thursday.

Nvidia (NVDA) showed no fatigue in its record run, as it climbed a further 4.47% to a record close of $926.69.

Meta Platforms (META) gained 3.25% to $512.19, also a record closing level.

Rivian Automotive (RIVN) bounced 13.42% as the electric-vehicle maker unveiled two new vehicle models.

At the same time, Tesla (TSLA) rebounded 1.20% after sliding for three sessions.

Victoria's Secret (VSCO) plunged 29.70%. The specialty retailer of women's intimate was downgraded to "underweight" by JPMorgan.

U.S. data showed that the latest number of initial jobless claims was steady at 217,000 (as expected).

Meanwhile, it is widely expected that the U.S. official jobs report, to be released later today, would show an addition of 195,000 non-farm payrolls in February with a stable jobless rate of 3.7%.

European stocks also closed higher, with the DAX 40 rising 0.71%, the CAC 40 up 0.77%, and the FTSE 100 up 0.17%.

U.S. WTI crude-oil futures declined $0.22 to $78.91 a barrel.

Gold price gained $10 to $2,159 an ounce.


MARKET WRAP: FOREX


The U.S. dollar weakened further against other major as investors regarded Fed Chair Jerome Powell's comments on cutting rates as dovish. The dollar index fell to 102.81.

EUR/USD rose 48 pips to 1.0945. The European Central Bank decided to keep its key interest rate unchanged at 4.00% (as expected). The central bank lowered its inflation forecast and hinted at starting to cut rates in June.

USD/JPY slid 134 pips (-0.90%) to 148.03. This morning, Japan's data showed that household spending dropped 6.3% on year in January (vs -3.9% expected).

GBP/USD increased 75 pips to 1.2807. In the U.K., the Halifax house price index gained 0.4% on month in February (vs +1.0% expected).

AUD/USD climbed 53 pips to 0.6616.

USD/CHF declined 44 pips to 0.8775.

USD/CAD fell 53 pips to 1.3460. In Canada, the number of building permits increased 13.5% on month in January (vs +3.3% expected).

Bitcoin remained buoyed, as it managed to set a footing above $67,000.

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066

 

[v1forex]

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066


MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Friday, U.S. stocks retreated, halting a three-session rally. The Dow Jones Industrial Average fell 68 points (-0.18%) to 38,722, the S&P 500 dropped 33 points (-0.65%) to 5,123, and the Nasdaq 100 slid 279 points (-1.53%) to 18,018.

The three major stock indexes closed lower for the week.

U.S. data showed that the economy added 275,000 nonfarm payrolls in February (vs +195,000 expected), with the jobless rate rising to 3.9% (vs 3.7% expected). Average hourly earnings added just 0.1% on month (vs +0.3% expected).

The U.S. 10-year Treasury yield eased a further 1.1 basis points to 4.081%.

Real estate and energy stock sectors were market leaders on Friday, while technology, consumer discretionary and material sectors were under pressure.

Nvidia (NVDA) eventually ended its record-making run, as it dropped 5.55% to $875.28.

Other semiconductor stocks also underperformed the market, with Marvell Technology (MRVL) tumbling 11.36%, Broadcom (AVGO) down 6.99%, ON Semiconductor (ON) down 4.83%, and Intel (INTC) down 4.66%.

Tesla (TSLA) declined 1.85%, and Meta Platforms (META) was down 1.22%.

Costco Wholesale (COST) sank 7.64%, as the retail giant's quarterly sales missed expectations.

On the other hand, apparel retailer Gap (GPS) jumped 8.23%, used-car buy-&-sell platform Carvana (CVNA) climbed 7.34%, and electronic-document specialist DocuSign (DOCU) rose 4.50%.

In Europe, the DAX 40 closed 0.16% lower, the FTSE 100 fell 0.43%, while the CAC 40 gained 0.15%.

U.S. WTI crude-oil futures fell $1.07 (-1.36%) to $77.86 a barrel.

Banking on the U.S. dollar's weakness, gold price advanced to an all-time high of $2,195 an ounce before easing to $2,179.


MARKET WRAP: FOREX


The U.S. dollar index remained subdued at 102.74. For the whole week, the index lost 1.11%, the biggest weekly percentage loss year to date.

EUR/USD declined 11 pips to 1.0935. Germany's data showed that industrial production grew 1.0% on month in January (vs +0.8% expected), and producer prices dropped 4.4% on year (vs -6.7% expected).

USD/JPY slid 98 pips to 147.05. According to Reuters, the Bank of Japan could end negative interest rates this month on expectations of significant pay hikes in big companies.

GBP/USD gained 48 pips to 1.2854.

AUD/USD added 6 pips to 0.6622.

USD/CHF dipped 3 pips to 0.8772.

USD/CAD rose 27 pips to 1.3484. Canada's employment increased by 40,700 in February (vs 18,000 expected) with the jobless rate climbing to 5.8% (vs 5.9% expected).

On Friday, Bitcoin charged up to a record high of $70,199 before swiftly retreating to $66,160. However, it continued to see bids and kept challenging the $70,000 level over the weekend.

 

[v1forex]

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066


MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Monday, the S&P 500 was down for a second session, as it declined 5 points (-0.11%) to 5,117. The Nasdaq 100 also fell 66 points (-0.37%) to 1,7951, while the Dow Jones Industrial Average closed 46 points higher (+0.12%) at 38,769.

The U.S. 10-year Treasury yield gained 1.2 basis points to 4.100%.

Investors are watching closely February U.S. inflation data, which will be released later today.

Materials, energy and consumer staples stock sectors posted gains, while real estate, consumer discretionary and industrials sectors closed lower.

Meta Platforms (META) fell 4.42%, Nvidia (NVDA) dropped 2.00%, and Amazon.com (AMZN) was down 1.93%.

Buoyed by record-breaking Bitcoin price, Microstrategy (MSTR), which holds the largest amount of Bitcoins among listed companies, chalked an all-time high of $1,657.06 before retreating to close at $1,484.23, still a record close. The company just announced it has boosted its Bitcoin holding to 205,000 using capital raised from issuing convertible notes.

EQT Corp (EQT), a natural gas producer, fell 7.76%, while Equitrans Midstream (ETRN) rose 1.52%. EQT announced its acquisition of Equitrans Midstream for about $14 billion.

Boeing (BA) lost 3.02%, as the U.S. Justice Department started a criminal investigation into a January incident in which a Boeing 737 Max jetliner operated by Alaska Airlines had a portion of the fuselage blown off.

In Europe, the DAX 40 fell 0.38%, the CAC 40 declined 0.10%, while the FTSE 100 closed 0.12% higher.

U.S. WTI crude-oil futures edged up $0.10 to $78.11 a barrel.

Gold price advanced a further $4 to $2,181 an ounce.


MARKET WRAP: FOREX


The U.S. dollar index was stable at 102.84.

EUR/USD slipped 13 pips to 1.0924.

GBP/USD fell 48 pips to 1.2809.

USD/JPY dropped 10 pips to 146.97. Japan's official data confirmed that its gross domestic product grew at an annualized rate of 0.4% in the fourth quarter (vs -0.4% in the previous official estimate, and -2.9% in the third quarter), and therefore the economy avoided a technical recession.

This morning, Japan's data showed that producer prices rose 0.6% on year in February (as expected).

AUD/USD declined 16 pips to 0.6611.

USD/CHF was little changed at 0.8774, and USD/CAD edged up 3 pips to 1.3481.

Bitcoin saw unabating bids, which boosted its price by over 5% to an all-time high of $72,943.

 

[v1forex]

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Tuesday, U.S. stocks regained some traction, helping the S&P 500 to rebound 57 points (+1.12%) to a fresh record close of 5,175. The Dow Jones Industrial Average rose 235 points (+0.61%) to 39,005, and the Nasdaq 100 jumped 267 points (+1.49%) to 18,219.

U.S. data showed that the inflation rate ticked up to 3.2% on year in February (as expected), and the core inflation rate slowed slightly to 3.8% on year (as expected).

Meanwhile, the U.S. 10-year Treasury yield advanced a further 4.9 basis points to 4.153%.

Technology, consumer discretionary and healthcare stock sectors led the market higher.

Nvidia (NVDA) bounced 7.16% to $919.13 after retreating for two sessions.

Meta Platforms (META) rebounded 3.34%, Microsoft (MSFT) rose 2.66%, and Amazon.com (AMZN) was up 1.99%.

Oracle (ORCL) surged 11.75%. The software company reported better-than-expected quarterly sales.

Kohl's (KSS) lost 6.73%. The department-store chain's full-year sales and earnings forecast missed expectations.

Boeing (BA) slid a further 4.29%. The New York Times reported that, during an audit of the production of the Boeing 737 Max jet conducted by U.S. aviation authorities, the airplane maker failed 33 out of 89 inspections.

At the same time, Southwest Airlines (LUV) tumbled 14.86%, American Airlines (AAL) fell 4.71%, and United Airlines (UAL) was down 1.68%.

European stocks also performed well, with the DAX 40 rising 1.23%, the CAC 40 up 0.84%, and the FTSE 100 up 1.02%.

U.S. WTI crude-oil futures eased $0.17 to $77.76 a barrel. U.S. Energy Information Administration (EIA) raised its 2024 domestic oil output growth forecast.

Gold price retreated $25 to $2,157 an ounce.


MARKET WRAP: FOREX


The U.S. dollar rose slightly against other major currencies, with the dollar index edging up to 102.93.

EUR/USD eased 4 pips to 1.0922.

USD/JPY advanced 73 pips to 147.67.

GBP/USD dropped 22 pips to 1.2794. U.K. data showed that the jobless rate climbed to 3.9% (as expected).

AUD/USD dipped 10 pips to 0.6604. The National Australia Bank (NAB) business confidence index posted at 0 for February (vs -1 expected).

USD/CHF edged down 4 pips to 0.8771, while USD/CAD added 9 pips to 1.3491.

Bitcoin saw a volatile trading session. It marked an all-time high of $73,027 before being sold down to $68,603. It later worked its way back up to $71,700.

 

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[v1forex]

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[v1forex]

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Wednesday, major U.S. stock indexes closed mixed. The Dow Jones Industrial Average gained 37 points (+0.10%) to 39,043, while the S&P 500 retreated 9 points (-0.19%) to 5,165, and the Nasdaq 100 fell 150 points (-0.83%) to 18,068.

The U.S. 10-year Treasury yield climbed a further 3.5 basis points to 4.190%.

Energy, basic materials and consumer staples stock sectors outperformed the market, while real estate, technology and healthcare sectors were under pressure.

Tesla (TSLA) slid 4.54%. The electric-vehicle maker was downgraded to "underweight" at Wells Fargo.

Apple (AAPL) fell 1.21%, and Meta Platforms (META) was down 0.84%.

Nvidia (NVDA) dropped 1.12%.

Intel (INTC) fell 4.44%. Bloomberg reported that the chip maker lost a $2.5 billion grant from the U.S. Defense Department.

Dollar Tree (DLTR) plunged 14.21%. The discount-store chain reported a fourth-quarter loss of $7.85 per share amid a goodwill impairment charge of more than $1 billion.

As Bitcoin price broke record again, Microstrategy (MSTR), which holds the largest amount of Bitcoins among listed companies, charged 10.85% higher to a record close of $1,766.15.

In Europe, the DAX 40 dipped 0.02%, while the CAC 40 rose 0.62%, and the FTSE 100 was up 0.31%.

U.S. WTI crude-oil futures gained $2.04 (+2.63%) to $79.60 a barrel.

Gold price climbed $17 to $2,174 an ounce.


MARKET WRAP: FOREX


The U.S. dollar index lacked upward momentum and slipped to 102.82.

EUR/USD rose 22 pips to 1.0946. The Eurozone's data showed that industrial production declined 3.2% on month in January (vs -1.2% expected).

USD/JPY gained 10 pips to 147.75.

GBP/USD added 6 pips to 1.2796. U.K. data showed that gross domestic product grew 0.2% on month in January (vs +0.1% expected), while industrial production dropped 0.2% on month (vs -0.1% expected).

AUD/USD traded 16 pips higher to 0.6621.

USD/CHF climbed 14 pips to 0.8786, while USD/CAD declined 20 pips to 1.3468.

Bitcoin kept exhibiting strong upward momentum, chalking a fresh all-time high of $73,709.

 

[v1forex]

ICMarkets Direct Discount
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts (5.5 usd per lot instead of 7 per lot)
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, U.S. stocks showed a lack of upward momentum, with the Dow Jones Industrial Average falling 137 points (-0.35%) to 38,905, the S&P 500 dropping 14 points (-0.29%) to 5,150, and the Nasdaq 100 declining 53 points (-0.30%) to 18,014.

The U.S. 10-year Treasury yield continued its recent rally, gaining 9.8 basis points to 4.290%.

U.S. data showed that producer-price growth accelerated to 1.6% on year in February (vs +0.9% expected), and retail sales rose 0.6% on month (vs +0.5%).

The latest number of initial jobless claims dipped to 209,000 (vs 219,000 expected).

Real estate, financials, and utilities stock sectors led the market lower.

Tesla (TSLA) slid 4.12%, and Nvidia (NVDA) fell 3.24%.

On the other hand, Microsoft (MSFT) rose 2.44%, Alphabet (GOOGL) climbed 2.37%, Amazon.com (AMZN) gained 1.24%, and Apple (AAPL) was up 1.09%.

Dick's Sporting Goods (DKS) surged 15.47%. The sporting goods retailer posted stronger-than-expected quarterly earnings.

Dollar General (DG), a discount retailer, fell 5.13%, and Lennar (LEN), the largest homebuilder in the U.S., tumbled 7.64%, as both companies reported lower-than-expected quarterly results.

Under Armour (UA) sank 10.15%. The athletic apparel firm announced that founder Kevin Plank will return to the company to take up the post of chief executive.

In Europe, the DAX 40 declined 0.11%, the FTSE 100 dropped 0.37%, while the CAC 40 was up 0.29%.

U.S. WTI crude-oil futures rose $1.38 (+1.73%) to $81.1 a barrel.

Gold price retreated $11 to $2,162 an ounce.


MARKET WRAP: FOREX


The U.S. dollar regained some strength against other major currencies. The dollar index climbed to 103.34.

EUR/USD fell 62 pips to 1.0884.

USD/JPY increased 51 pips to 148.25.

GBP/USD slid 45 pips to 1.2751. In the U.K., the Royal Institute of Chartered Surveyors house price index improved to -10% in February (vs -15% expected).

AUD/USD dropped 38 pips to 0.6582.

USD/CHF climbed 48 pips to 0.8835, and USD/CAD gained 59 pips to 1.3528.

Bitcoin saw another dramatic trading session. It ran up to an all-time high of $73,835 in Asian hours before tumbling over $5,000 to a low of $68,454 in U.S. afternoon hours. It later rebounded to levels around $71,600.

 

[v1forex]

ICMarkets Direct Discount
Slash Commissions Further: Enjoy a significant discount, bringing MT4/MT5 commissions down to a miniscule $5.5 per 1.00 Lot round turn from original $7.
CTrader and TradingView Users Rejoice!: Special perks extend to you too, with commissions whittled down to a mere $5.5 per 1.00 Lot round turn from original $6.
Standard Account Boost: Even basic Standard Account holders get a taste of the good life with a generous 0.4 pip discount on spreads, maximizing your profit potential.
If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, though U.S. stocks pared some gains seen earlier in the session, they closed higher, lifting all the three major stock indexes to record closes. The Dow Jones Industrial Average rose 269 points (+0.68%) to 39,781, the S&P 500 climbed 16 points (+0.32%) to 5,241, and the Nasdaq 100 was up 80 points (+0.44%) to 18,320.

The U.S. 10-year Treasury yield dipped 0.2 basis point to 4.269%.

Financial, industrial, energy and basic material stock sectors became market leaders.

Nvidia (NVDA) rose 1.18%, Microsoft (MSFT) climbed 0.97%, and Meta Platforms (META) was up 0.44%.

However, Apple (AAPL) lost 4.09%. U.S. authorities have filed a lawsuit against the tech giant accusing it of monopolizing the smartphone industry.

Micron Technology (MU) jumped 14.13%. The chip maker reported stronger-than-expected second-quarter results and gave an upbeat third-quarter revenue forecast.

Accenture (ACN) fell 9.31%. The global professional services firm lowered its full-year sales outlook.

Reddit (RDDT), a social media platform, soared 48.35% from its initial public offering price of $34 a share on its first day of trading.

Regarding U.S. economic data, the latest number of initial jobless claims fell to 210,000 (vs 216,000 expected). Existing home sales jumped 9.5% on month in February (vs -2.5% expected).

The Philadelphia Fed manufacturing index declined to 3.2 in March (vs -4.0 expected), and the Conference Board leading index edged up 0.1% on month in February (vs -0.3% expected).

European stocks also closed higher, with the DAX 40 rising 0.91%, the CAC 40 up 0.22%, and the FTSE 100 up 1.88%.

U.S. WTI crude-oil futures retreated $0.31 to $80.96 a barrel.

Gold price eased $4 to $2,181 an ounce.


MARKET WRAP: FOREX


The U.S. dollar index rebounded to 104.02.

EUR/USD fell 62 pips to 1.0856. Germany's HCOB manufacturing purchasing managers index declined to 41.6 in March (vs 44.0 expected).

USD/JPY advanced a further 38 pips to 151.63. This morning, Japan's data showed that the core inflation rate accelerated to 2.8% on year in February (vs 2.7% expected).

GBP/USD tumbled 134 pips (-1.05%) to 1.2650. As expected, the Bank of England (BoE) kept its key interest rate unchanged at a 16-year high of 5.25%.

BoE Governor Andrew Bailey said Britain's economy is moving in the right direction for the central bank to start cutting rates.

USD/CHF jumped 111 pips (+1.25%) to 0.8979 after the Swiss National Bank unexpectedly lowered its key interest rate by 25 basis points to 1.50%.

AUD/USD declined 17 pips to 0.6568.

USD/CAD climbed 38 pips to 1.3528.

Bitcoin once ran up to $68,234 before pulling back to $65,500, down over 3% on day.