SimpleFX Market News
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August CPI preview: Will the Fed get even closer to its goal? 📊

As the financial community awaits the release of August’s Consumer Price Index (CPI) data, scheduled for September 11, 2024, at 12:30 p.m. UTC, speculation is mounting over the potential changes in inflation trends that could significantly influence global economic policies and investment strategies.

▶️Read more: https://bit.ly/4e8oQHw ℹ️
August CPI review: Ambiguous reading. 📊

The release of August’s Consumer Price Index (CPI) data has been highly anticipated, with the financial community eager to understand the current state of inflation and its implications for economic policies and investment strategies.

The August Year-over-Year (YoY) CPI has been reported at 2.5%, slightly diverging from the forecasted 2.6%. This suggests that inflationary pressures may be easing as we enter the era of disinflation.

▶️Read more here: https://bit.ly/4eheV2r ℹ️
10th anniversary milestone: Elevating your trading with effortless deposits and the Mauritius License! 😎📊✔️

Welcome to a monumental milestone at SimpleFX! As we celebrate our 10th anniversary, we are thrilled to announce our great achievement: obtaining a prestigious financial license from Mauritius.

This development is a significant part of our journey, promising new opportunities and enhanced services for our valued clients.

▶️More about that:

1️⃣ https://bit.ly/3MK6ssE
2️⃣ https://bit.ly/3TpYfxG
We are celebrating 10 years of success with you! Here's our journey! 🎉

A decade of gathering experience, hard work, creating history, and growing together! We are proud to share these incredible years with all of you.

Here are more years of success and memories! Thank you for being a part of SimpleFX! 🥳
FOMC September meeting: First rate cut on the horizon? 🤔📊

As the clock ticks closer to 6 p.m. UTC today, financial markets worldwide are on edge. The Federal Open Market Committee (FOMC) is set to announce the outcome of its latest meeting, which could have substantial implications for the U.S. and global economies.

As analysts and the Fed point out, today, we may see the first interest rate cut since 2020.

▶️Read more: https://bit.ly/3TzmMAu ℹ️
The Federal Reserve September decision: 50 bp rate cut! 🔎📊

It’s official. September 18, 2024, marks the beginning of a new cycle of monetary easing by the FOMC. 50bp – this is precisely the first cut we got yesterday.

So far, we have usually offered you a quick look at market reactions after a specific economic event. This cut is probably just the beginning of the entire cycle, which will have a massive impact on all markets.

▶️Read more here: https://bit.ly/47vNcsy ℹ️
Celebrating a decade of innovation, growth, and shared success with our incredible community! 🎉

Here's to more milestones, memories, and market victories ahead! Thank you for being an integral part of SimpleFX's story! 🥳

▶️Our trading platform: https://app.simplefx.com/ 📱
The U.S. elections are getting closer! 🗳🔎

The financing of the U.S. elections’ donations can take time to understand. Unlike in different countries, this phenomenon plays a fundamental role in shaping American politics for the next four years.

Everyone who is interested in the trading and financial situation in the United States knows which companies play the biggest role in shaping the American economy. Tech and AI equities are essential for the market and for the U.S. elections’ donations.

▶️Read more about the elections here: https://bit.ly/4gtMr7o ℹ️
Democrats vs. Republicans: Forex, commodities and stock market! 📊

Above all, the Democrats vs. Republicans battle has a powerful impact on all asset classes. We should naturally start with the dollar, the currency of the United States.

In our article we describe the behavior of the sp500 during election year.

▶️If you want to check out what historically happened in Q4 of an election year click here: https://bit.ly/4efVaZg ℹ️