News In the Spotlight

STARTRADER Monday’s Market Update 22-05-2023

US indices ended last Friday’s session on a decline after a temporary suspension of debt ceiling talks between Republicans and Democrats. However, the indices posted weekly gains, with the exception of the Dow Jones, which ended the session down by 0.3%.

Janet Yellen, the US Treasury Secretary, has been making statements and issuing warnings, declaring June 1 as a crucial and irreversible deadline for raising the debt ceiling. This deadline emphasizes the urgency of resolving the issue to prevent potential economic repercussions.

In the oil markets, prices rose today, Monday, supported by the decline in the value of the dollar and reduced supplies from Canada and the OPEC+ group of producers.

Investors are eagerly awaiting the release of the Federal Open Market Committee (FOMC) meeting minutes, scheduled for next Wednesday. They hope to gain clearer guidance on market trends and potential future actions by the Federal Reserve.

Designer

Recent Posts

Market Recap | 21-Nov-2024

https://www.youtube.com/embed/bnsScHyQBbQ Gold (XAU/USD) continues its bullish momentum for the fourth consecutive day, trading near $2,660,…

2 days ago

Notification of Change in the Leverage of US Shares

Dear Valued Clients, Please be advised that the leverage on all US Share CFDs products will…

3 days ago

Money Expo Qatar 2024: STARTRADER Unearths the Riches of the Patch

Overview of the Event The Money Expo Qatar 2024 was held at the Doha Exhibition…

6 days ago

Two-Factor Authentication (2FA): A Minor Shift, a Major Boost for Security.

Dear Valued Clients, STARTRADER always prioritizes the interests of clients. With two-factor authentication (2FA), we…

6 days ago

Rollover Notification in November

Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled…

2 weeks ago

Market Closure in November

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

3 weeks ago

This website uses cookies.