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STARTRADER Market Recap | 10-Jan-2024

Investor attention is now directed towards upcoming U.S. reports on consumer and producer inflation, scheduled for release on Thursday. Analysts predict a slowdown in December price increases. Adding to the agenda, the unofficial U.S. earnings season kicks off on Friday, featuring reports from major banks, including JPMorgan. A survey by the Federal Reserve Bank ofContinue Reading
Written on January 10, 2024 at 1:49 pm
Categories: News In the Spotlight
Gold Stabilizes, and Oil Rises 2% at Settlement

Market News Summary On Tuesday, an electronic platform dedicated to monitoring gas inventories in Europe disclosed that the in-demand reserves crucial for winter heating remain at an average of 80% capacity across European Union countries. This comes amidst a chilling cold wave sweeping through the continent. In November, the United States witnessed a contraction inContinue Reading
Written on January 10, 2024 at 7:37 am
Categories: News Technical Analysis
The NASDAQ Index Achieves Its Highest Daily Gains in 7 Weeks

Market News Summary South Korean technology giant Samsung has announced that it expects a 35% decline in operating profits during the fourth quarter of 2023, contradicting market expectations by a significant margin amid a rebound in semiconductor prices. Investors are awaiting some important data this week, including consumer and producer price indices, to get aContinue Reading
Written on January 9, 2024 at 10:29 am
Categories: News Technical Analysis
Oil Continues to Rise Amid Geopolitical Risks

Market News Summary Recently, leaders of the U.S. Congress reached an agreement on the ‘total spending,’ as announced by the Speaker of the House on Sunday, January 7th. The U.S. House Speaker, Mike Johnson, stated that the top leaders of Congress agreed on a total federal spending level of 1.6 trillion dollars with the aimContinue Reading
Written on January 8, 2024 at 8:19 am
Categories: News Technical Analysis
How to Navigate Copper Trading with Confidence: Tips and Insight

Is Copper Good for Trading? A financial world filled with copper.
Written on January 2, 2024 at 12:34 pm
Categories: Knowledge Basics
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