Energies
About: Designer
Recent Posts by Designer
Markets Await Interest Rate Decision Today
Market News Summary Bank of America believes that the Federal Reserve and Saudi Arabia are engaged in a “battle of ownership” over oil, and that crude prices are likely to remain under pressure until the Federal Reserve withdraws from its tightening monetary policy. According to Bank of America, oil prices are expected to rise toContinue Reading
Expectations for a Decrease in Inflation Rates Today
market news summary European stock indices rose at the end of yesterday’s session, Monday, June 12, amid anticipation of central bank meetings in the United States, Europe, and Asia this week. At the end of the session, the STOXX600 index rose by about 0.16% to 460 points. The German DAX rose by 0.9%, reaching 16,097Continue Reading
STARTRADER Monday’s Market Update 12-06-2023
Oil prices declined today ahead of a meeting of the Federal Reserve as investors try to gauge the inclinations of the US central bank regarding interest rate hikes. Concerns about fuel demand in China and increased Russian crude supplies have also impacted the market. The price of West Texas Intermediate crude dropped to $69.93 perContinue Reading
Significant Data to Be Released This Week
market news summary Official data revealed that the economy of the Eurozone has officially entered what is known as a “technical recession” in the first quarter of the current year. According to the revised or final data released by Eurostat, the Gross Domestic Product (GDP) of the Eurozone contracted by approximately 0.1% in the firstContinue Reading
The Markets Are Anticipating the Significant Events Next Week
market news summary US stocks closed higher yesterday on Thursday, regaining some momentum thanks to a recovery in the technology sector and a decrease in volatility to record levels ahead of a busy week of economic and monetary policy events. Investors are eagerly awaiting inflation data and the Federal Reserve’s policy meeting next week. EuropeanContinue Reading
