As November draws to a close, Wall Street celebrates a remarkable ascent, with the Dow Jones Industrial Average leaping to a new high for 2023, marking an 8% rally for the month.
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INFINOX offers Electronic Communication Network (ECN) and (Straight Through Processing) STP accounts. both come with deep liquidity, cutting edge execution and a full range of platforms and tools.
Trade with tight spreads on our ECN account, or access no-commissions trading through an STP account.
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STP | ECN | |
---|---|---|
Spreads | Starting from 0.9 | Starting from 0.2 |
Leverage | Up to 1:1000 leverage | Up to 1:1000 leverage |
Commission | Starting from 0 GBP/ 0 EUR/ 0 USD/ 0 AUD | Starting from 3 GBP/ 3 EUR/ 3 USD/ 3 AUD |
Minimum trade size | Starting from 0.01 | Starting from 0.01 |
Primary account | Yes | No |
Sub-accounts | Yes | Yes |
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As November draws to a close, Wall Street celebrates a remarkable ascent, with the Dow Jones Industrial Average leaping to a new high for 2023, marking an 8% rally for the month.
Wall Street witnessed a day of cautious trading as the S&P 500 wavered to a lower close, reflecting the market’s attempt to digest mixed messages from Federal Reserve officials and robust GDP data. Investors weighed the implications of a stronger-than-expected third-quarter GDP revision against the backdrop of ongoing Fed policy discussions.
In a remarkable turn of events, global stock markets experienced a surge on Tuesday, lifted by the prospects of a shift in the Federal Reserve’s interest rate policy. The MSCI global stock index witnessed an upswing, a clear response to Federal Reserve Governor Christopher Waller’s hint at a potential pause in rate hikes, and even the possibility of cuts if inflation continues its downward trajectory.
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