News In the Spotlight

STARTRADER Monday’s Market Update 12-06-2023

Oil prices declined today ahead of a meeting of the Federal Reserve as investors try to gauge the inclinations of the US central bank regarding interest rate hikes. Concerns about fuel demand in China and increased Russian crude supplies have also impacted the market. The price of West Texas Intermediate crude dropped to $69.93 per barrel.

The World Bank expects a slowdown in economic growth in the Eurozone to 0.4% this year. Official data has shown that the Eurozone economy has officially entered a phase known as technical recession in the first quarter of this year. The gross domestic product of the Eurozone contracted by approximately 0.1% in the first three months of 2023.

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…

3 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.