Energies
About: Designer
Recent Posts by Designer
Oil Surges Beyond $90 Due to Supply Concerns and Positive Economic Signals
market news summary Industrial output in China grew at a faster pace than expected in August, signalling the positive role recent support measures played in stabilizing the sluggish economic recovery. According to data released by the National Bureau of Statistics on Friday, September 15, industrial production increased by approximately 4.5% in August on a year-on-yearContinue Reading
U.S. Inflation Surges Driven by Rising Oil Prices
market news summary The annual inflation rate in the United States rose for the second consecutive month to 3.7% in August from 3.2% in July, which is higher than the market’s expectations of 3.6%. This increase was attributed to the impact of rising oil prices. Additionally, Arm, the company that designs chips supplying core technologyContinue Reading
STARTRADER Monday’s Market Update 11-09-2023
Investors are eagerly awaiting the release of the Consumer Price Index (CPI) data for the month of August, scheduled for today, Wednesday, and the Producer Price Index (PPI) reading, set to be released tomorrow. These releases will be crucial in measuring interest rate expectations ahead of the Federal Reserve meeting on September 20. U.S. indicesContinue Reading
Why and How to Trade Copper?
Early History of Copper May people opt for copper trading in our temporary time. Copper has become a common commodity traded among investors in our contemporary world. However, tracing its origins reveals how this metal acquired its value and became a favored choice among traders. Copper is the oldest metal known to humankind Copper holdsContinue Reading
OPEC’s Adjusts Oil Demand Expectations While Investors Are Anticipating Today’s Inflation Data
market news summary In its monthly report, the OPEC organization confirmed its expectations for stable global economic growth, with a projected growth rate of 2.7% for 2023 and 2.6% for 2024. As for global oil demand, it maintained its forecasts at 2.4 million barrels per day for 2023, with a slight growth expected in theContinue Reading
