SimpleFX Market News
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Stay updated with market news and trading insights via SimpleFX โ€“ a multi-asset trading app. ๐Ÿ“Š

https://app.simplefx.com/ ๐Ÿ“ฒ

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Bitcoin update โšก๏ธ

BTC is at $109,549, gaining +1.31% in the 1D session.

Notably, a major whale diverted from BTC to accumulate $3.8 B in Ethereum, while treasury firm Metaplanet added 1,009 BTC (~$112 M) to its holdings.
Get ready for Apple's 'Awe-Dropping' event on September 9, promising exciting new developments and innovations. ๐Ÿ“ฑ

Historically, Apple product launches have not always led to immediate stock rallies. Data shows that in the week following past iPhone premieres, AAPL has moved on average just around 1%, sometimes up, sometimes down.

Expect a comprehensive ecosystem refresh and AI-powered software upgrades via Apple Intelligence. This event represents Apple's most extensive launch since the iPhone X era, showcasing strategic innovation.

As of today, Apple's stock is trading at approximately $232 per share, with a market capitalization of nearly $3 trillion.

๐Ÿ”— https://app.simplefx.com/
The highly anticipated Apple's "Awe-Dropping" event is just 2 hours away (UTC), sparking excitement and anticipation among tech enthusiasts and investors alike. ๐ŸŽ

What's expected?
While historically, Apple's product launches haven't always had a significant impact on the stock immediately after, the potential of the iPhone 17 lineup, Apple Watch Series 11 & Ultra 3, and AirPods Pro 3 could change that. On average, AAPL changes by around 1% in the week following iPhone premieres.

๐Ÿ“ฑ Track AAPL price on SimpleFX: http://app.simplefx.com
Klarna is now available on SimpleFX!

After its recent IPO in the U.S., the Swedish fintech leader Klarna has made its debut on SimpleFX.

You can trade Klarna directly through the SimpleFX WebTrader.

๐Ÿ”— https://bit.ly/SimpleFX-KLAR-US
Gemini Goes Public: Winklevoss Brothers Cash In Nearly Half a Billion

It wasn't without a few surprises, but it happened. Gemini, the cryptocurrency exchange run by the famous Winklevoss brothers (yes, those from the Facebook saga), had its IPO on September 12th.

Now Gemini stock CFDs are available on SimpleFX!

๐Ÿ”— https://bit.ly/SimpleFX-GEMI-US

The Gemini brothers planned to sell as many as 16.7 million shares, but only 15.2 million were sold. However, the offer price, which ranged from $24 to $26 per each eventually increased to $28. This allowed the twins to raise a whopping $425.6 million, nearly half a billion dollars.
From laptops we work on, to games we play, to platforms where we connect and share thoughts. Tech companies follow our everyday lives.

Weโ€™ve expanded our offering with 30+ new CFD stocks, featuring household names such as Dell, Roblox, Reddit, and Figma. Together, they represent over $250B in market value.

๐ŸŒ Discover the complete list on our blog: www.bit.ly/SimpleFX-33-New-CFD-Stocks
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Market crash? Donโ€™t panic โ€” prepare.

When markets fall, smart traders protect their capital, not their emotions.

Stocks drop. Crypto faces liquidations.

But discipline and preparation always win over panic.

Learn how to stay focused when the market turns red:
1๏ธโƒฃ Avoid FOMO and FUD โ€” donโ€™t trade on hype or fear.
2๏ธโƒฃ DYOR โ€” understand the fundamentals before entering a trade.
3๏ธโƒฃ Set Stop-Loss & Take-Profit โ€” automate your discipline.
4๏ธโƒฃ Control emotions, manage risk โ€” logic over impulse, always.
China hits back at the U.S.

Beijing just rolled out new port fees targeting all U.S.-linked vessels โ€” those owned, operated, built, or flagged by the United States.

๐Ÿ›ณ Hereโ€™s the twist: Chinese-built ships are exempt.

Each American-linked vessel will be charged at its first port call in China, covering either a single voyage or up to five trips per year, with the cycle resetting every April 17.
Chaos continues to shake the markets โ€” volatility isnโ€™t slowing down anytime soon. Hereโ€™s what moved prices last week.

๐Ÿช™ Crypto Bleeds Red
Another rough week for crypto traders. Bitcoin dropped 3.5%, XRP lost 6.2%, and only stablecoins stayed green.

๐Ÿ›ข Oil Under Pressure
The U.S.โ€“China trade war is weighing heavily on oil. Prices slipped below $57 per barrel โ€” the lowest since May.

๐Ÿ’ท Pound Power
The British economy is showing strength again. GBP gained on upbeat GDP, industrial, and manufacturing data.
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Markets stayed chaotic this week ๐Ÿ‘€

โ€ข Beyond Meat (BYND) exploded from ~$0.50 โ†’ $7+ after Reddit hype ๐Ÿš€
โ€ข Oil rebounded as new sanctions hit Russian supply โšก๏ธ
โ€ข Gold & Silver cooled off after recent highs ๐Ÿ“‰
โ€ข Tesla kicked off Q3 earnings with a disappointment ๐Ÿš—

๐Ÿ“Š Explore SimpleFX: www.simplefx.com
Note: FOMC decision today.

Time: 18:00 PM (UTC, 24-hour)
Consensus: 25bp cut

Will the Fed meet expectations, or will we be in for a surprise?
Media is too big
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NFP Reading Tomorrow ๐Ÿ‡บ๐Ÿ‡ธ

Tomorrow, November 7, at 1:30 PM UTC, we'll get the postponed US labor market data.

Expectations sit at shocking -20k for October's data! That would mean the weakening goes on.

This would be the first negative labor market reading since January 2021 (excluding the reading from July of this year)!

Such disastrous data may affect the valuation of all assets quoted in dollars, as well as the FOMC's decision regarding the further path of monetary adjustment.
NFP Reading Postponed ๐Ÿ‡ฑ๐Ÿ‡ท๐Ÿ—“

Due to the ongoing government shutdown, labor market data will be released with a delay.

Expectations for October point to -20k, suggesting a significant weakening of the U.S. labor market.
Do you think the U.S. government will reopen in November?
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71%
Yes
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No