News In the Spotlight

STARTRADER Monday’s Market Update 16-10-2023

Investors have been closely tracking geopolitical developments in the Middle East, and these developments have exerted a great influence on the escalation of prices for safe-haven assets, notably pushing gold back into trading above $1915 per ounce.

Furthermore, oil prices and the energy markets encountered a notable shift, with a roughly 6% surge just this past Friday, constituting the most substantial daily percentage increase since April.

The financial markets are now eagerly anticipating the forthcoming remarks from Federal Reserve Chairman Powell scheduled for this week as they seek to gain insight into the Federal Reserve’s future strategies and its approach to interest rates in the upcoming period.

Designer

Recent Posts

Market Closure in December

Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…

3 days ago

Market Recap | 19-Dec-2024

https://youtu.be/nC7s5cO7Xl8 Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during…

4 days ago

Monday’s Market Update | 16-Dec-2024

https://youtu.be/ZlrmvoOvDd4 Gold prices (XAU/USD) are struggling to maintain a modest rebound after touching a one-week…

6 days ago

Market Closure in December

Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…

1 week ago

Announcement on Recent Gold Spread Fluctuations

Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity…

1 week ago

What Are Currency Pairs to Trade in India?

Over the last decade, the Indian marketplaces have emerged as one of the growing hub…

2 weeks ago

This website uses cookies.