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STARTRADER Monday’s Market Update 15-05-2023
On Monday, May 15th, oil prices experienced a decline as concerns regarding fuel demand in the United States and China, the world’s two largest oil consumers, outweighed the positive sentiment surrounding supply shortages resulting from production cuts implemented by the OPEC+ group. Additionally, the resumption of purchases by the United States of its reserves failedContinue Reading
Written on May 15, 2023 at 1:25 pm
Categories: News In the Spotlight
What Is Copy Trading? What Are the Benefits and Risks Involved?

What Is Copy Trading? One of the questions that traders would ask is what is copy trading? What are the benefits and risks involved with it? It is a tool that can save you a lot of time and potentially increase your returns. For some, investing requires a significant amount of study and hard work.Continue Reading
Written on May 15, 2023 at 12:01 pm
Categories: Knowledge Basics
Oil Prices Fall Below $70 Again

Market News Summary The head of the Supreme Election Commission in Turkey, Ahmed Yanar, stated that President Recep Tayyip Erdogan is leading the presidential race after obtaining 49.49% of the votes, with 91.93% of them counted. The percentage of votes obtained by Kemal Kılıçdaroğlu, the opposition candidate and Erdogan’s main rival, reached 44.49%. European stockContinue Reading
Written on May 15, 2023 at 7:39 am
Categories: News Technical Analysis
Debt Ceiling Discussion Meeting Postponed

Market News Summary A meeting on the debt ceiling, planned for Friday between President Joe Biden and top congressional leaders, has been postponed until early next week. Biden was expected to meet with Speaker of the House Kevin McCarthy, Senate Minority Leader Mitch McConnell, Senate Majority Leader Chuck Schumer, and House Minority Leader Hakeem Jefferies.Continue Reading
Written on May 12, 2023 at 6:54 am
Categories: News Technical Analysis
Tags: Fundamental Report, Market Update, Technical Analysis
The Dollar Index Is Recovering before the European Session

Market News Summary British Financial Services Minister Andrew Griffiths said on Wednesday that Britain should not be left behind in rapid financial innovation and was close to deciding when to release a digital version of the pound. The Treasury and the Bank of England launched a public consultation in February on paving the way. AContinue Reading
Written on May 11, 2023 at 7:59 am
Categories: News Technical Analysis
Tags: Daily Analysis, Fundamental Report, Market Update, Technical Analysis
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