Energies
About: Designer
Recent Posts by Designer
Tensions in Energy Markets
market news summary European stock indices ended the trading session on June 5 with losses as energy and oil companies pared their gains. At the close of the session, the STOXX600 index declined by approximately 0.48% to 459 points. The German DAX index also dropped by 0.54%, reaching 15,963 points, while the UK’s FTSE indexContinue Reading
What Is Gold Trading?
STARTRADER Monday’s Market Update 05-06-2023
Oil prices witnessed a noticeable increase of over 2% at the beginning of the week after the Kingdom of Saudi Arabia announced an additional voluntary production cut. In the OPEC+ meeting held on June 4th, an agreement was reached to set a new production target starting from 2024, with production being reduced to 40.46 millionContinue Reading
The US Indices Are Rising Strongly
market news summary US President Joe Biden signed on Saturday, June 3, a bill to raise the government’s debt ceiling, which stands at $31.4 trillion, thus putting an end to America’s debt default crisis. The members of the US Senate voted on Thursday to raise the debt ceiling with a majority of 63 votes inContinue Reading
Gold Bounces Back Above $1,980
market news summary In May, inflation in the Eurozone slowed down to 6.1% in the preliminary reading, compared to 7% recorded in April, marking the lowest level since February 2022. Economists surveyed by Reuters had expected a May reading of 6.3%. Core inflation, excluding energy and food, also decreased more than expected to 5.3% fromContinue Reading
