Energies
Monthly Archives: January 2024
Monday’s Market Update I 29-Jan-2024
Written on January 29, 2024 at 12:40 pm, by Designer
Headline inflation is on the decline, while core inflation lingers at 4%, potentially causing the Federal Reserve System (Fed) to be cautious about an early reduction in interest rates. The unexpected 3.3% growth in the U.S. economy in Q4, fuelled by strong consumer spending, defies concerns of a recession. Investors eagerly await insights into futureContinue Reading
The S&P 500 Index Is 13 Points Away from Its All-Time High
Written on January 11, 2024 at 10:52 am, by Designer
Market News Summary The STOXX600 European index closed approximately 0.17% in Wednesday’s session on January 10, as negative sentiments returned to the markets. Mining stocks remained among the worst performers this week, declining by 1.07%, while media stocks increased by 0.75%. On Wall Street, Meta’s stock jumped by 3.6% in Wednesday’s session, reaching its highestContinue Reading
STARTRADER Market Recap | 10-Jan-2024
Written on January 10, 2024 at 1:49 pm, by Designer
Investor attention is now directed towards upcoming U.S. reports on consumer and producer inflation, scheduled for release on Thursday. Analysts predict a slowdown in December price increases. Adding to the agenda, the unofficial U.S. earnings season kicks off on Friday, featuring reports from major banks, including JPMorgan. A survey by the Federal Reserve Bank ofContinue Reading
Gold Stabilizes, and Oil Rises 2% at Settlement
Written on January 10, 2024 at 7:37 am, by Designer
Market News Summary On Tuesday, an electronic platform dedicated to monitoring gas inventories in Europe disclosed that the in-demand reserves crucial for winter heating remain at an average of 80% capacity across European Union countries. This comes amidst a chilling cold wave sweeping through the continent. In November, the United States witnessed a contraction inContinue Reading
The NASDAQ Index Achieves Its Highest Daily Gains in 7 Weeks
Written on January 9, 2024 at 10:29 am, by Designer
Market News Summary South Korean technology giant Samsung has announced that it expects a 35% decline in operating profits during the fourth quarter of 2023, contradicting market expectations by a significant margin amid a rebound in semiconductor prices. Investors are awaiting some important data this week, including consumer and producer price indices, to get aContinue Reading
Oil Continues to Rise Amid Geopolitical Risks
Written on January 8, 2024 at 8:19 am, by Designer
Market News Summary Recently, leaders of the U.S. Congress reached an agreement on the ‘total spending,’ as announced by the Speaker of the House on Sunday, January 7th. The U.S. House Speaker, Mike Johnson, stated that the top leaders of Congress agreed on a total federal spending level of 1.6 trillion dollars with the aimContinue Reading
How to Navigate Copper Trading with Confidence: Tips and Insight
Written on January 2, 2024 at 12:34 pm, by Designer
Is Copper Good for Trading? A financial world filled with copper.
STARTRADER’s Thailand Event: A Showcase of Dedication and Excellence
Written on January 2, 2024 at 11:28 am, by Designer
Fostering Excellence and Collaboration in Forex Trading STARTRADER Thailand Event: Concluding a dynamic two-day event in Thailand on December 2nd and 3rd, STARTRADER underscored its unyielding dedication to excellence and transparency within the forex industry. The event served as a vibrant testament to STARTRADER’s commitment to nurturing a collaborative and thriving trading community. Following aContinue Reading
