EBC Financial Group

Week 3 of the EBC Million Dollar Trading Challenge II brought excitement, surprises, and some serious shake-ups on the leaderboard. Traders shifted gears from the calculated strategies of Week 2 to bold, high-risk plays, making this week a test of both skill and resilience. Let’s take a closer look at how the competition unfolded and who made the biggest moves.

EBC Asset Management has officially opened a new office in Sydney's core financial district, marking a significant milestone in its global strategic expansion. This new location will offer customised financial solutions, expanding cross-asset and cross-country wealth management services to serve global investors.

The yen dropped to its three-week low this week, after the Fed indicated it was in no rush to cut interest rates. Japan’s GDP growth in Q4 was revised lower to an annualised pace of 2.2%.

Oil prices nudged higher on Thursday on concerns about tighter global supply after the US threat on Venezuelan oil buyers, while market players also grappled with the impact of tariff on car imports.