STARTRADER Market Recap | 12-July-2023
Today, markets are eagerly anticipating the release of US inflation data. Analysts’ expectations indicate that inflation in the United States slowed down in June to around 3.1%, compared to 4% in May.
Additionally, the Producer Price Index report is expected to be released tomorrow on Thursday. Furthermore, the results from JPMorgan and other major banks are expected to be released later this week.
The dollar index recorded its lowest level in two months at 101 dollars, and the yield on 10-year US Treasury bonds declined for the second consecutive session. These factors have led to an increase in gold prices above the $1935 level and a more than 2% increase and stability in oil prices.
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
https://youtu.be/nC7s5cO7Xl8 Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during…
https://youtu.be/ZlrmvoOvDd4 Gold prices (XAU/USD) are struggling to maintain a modest rebound after touching a one-week…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity…
Over the last decade, the Indian marketplaces have emerged as one of the growing hub…
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