Energies
About: Designer
Recent Posts by Designer
The Dollar Falls After a Failed Stabilization Attempt
market news summary Morgan Stanley has released a research note suggesting that the US housing market is on the brink of a soft landing, which could prevent a major recession. The investment bank stated that the rise in mortgage rates of more than 6% for a year contributed to a record decline in activity andContinue Reading
STARTRADER Weekly Update | Gold Prices Dip to Three-Week Low Amidst Fed Interest Rate Hike Speculation
Gold prices have registered weekly losses for the second consecutive week, falling more than 1.4% to trade at $1980 per ounce, which is its lowest level in three weeks. The dollar index has slightly risen and settled above 101.40 levels, following recent statements by Fed’s officials that indicate their support for a potential increase inContinue Reading
Gold is Currently Facing Selling Pressure While the Dollar is Stabilizing
market news summary On Sunday, April 23rd, US-based home appliances company Bed Bath & Beyond filed for bankruptcy protection after a series of recent attempts to raise enough financing to keep the company afloat failed. In Europe, indices fluctuated between losses and gains throughout the trading session on Friday, April 21st, before ending the sessionContinue Reading
Gold Prices Are Below $2,000 Per Ounce
market news summary European stock indices posted gains on Tuesday, with investors eagerly awaiting the release of quarterly business results from Wall Street-listed companies. The FTSE 100 index in the UK ended the session by 0.4% up, or 30 points, to 7,909 points, while the French CAC 40 rose 0.5%, or 35 points, to 7,533Continue Reading
US Stocks Continue to Rise
Market News Summary According to the Office for National Statistics (ONS), the UK unemployment rate rose to 3.8% in February, slightly higher than the anticipated rise to 3.7%. However, the corresponding three months saw a 0.2% increase in the employment rate, bringing it to 75.8%. Official data released on April 18th revealed that the ChineseContinue Reading
