Energies
Monthly Archives: April 2023
US Economic Growth Slowed More than Expected
Written on April 28, 2023 at 10:11 am, by Designer
Market News Summary According to data released by the National Institute for Statistics and Economic Studies, France’s gross domestic product (GDP) increased by 0.2% in the first quarter of 2023, after remaining stable in the fourth quarter of the previous year. This growth was mainly attributed to a rebound in household consumption, which had experiencedContinue Reading
Gold Is Currently Testing the $2,000 Level
Written on April 27, 2023 at 11:10 am, by Designer
Market News Summary European stock indices ended the trading day on a downward trend on Wednesday, following renewed concerns over the global banking sector. The Stoxx 600 index closed down by 0.8%, with health care stocks experiencing a decline of 2.5%, industrials down 1.4%, and household goods stocks falling by 1.2%. Meanwhile, London-listed Standard CharteredContinue Reading
First Republic Bank Is at Record Lows
Written on April 26, 2023 at 8:54 am, by Designer
MARKET NEWS SUMMARY At the end of trading on Tuesday, US stock indices experienced a decline as the markets awaited the quarterly business results of companies for the first quarter of the year. The Dow Jones Industrial Average experienced a decline of 1.02%, or 344.5 points, settling at 33,530.8 points. Similarly, the Standard & Poor’sContinue Reading
The Dollar Falls After a Failed Stabilization Attempt
Written on April 25, 2023 at 6:38 am, by Designer
market news summary Morgan Stanley has released a research note suggesting that the US housing market is on the brink of a soft landing, which could prevent a major recession. The investment bank stated that the rise in mortgage rates of more than 6% for a year contributed to a record decline in activity andContinue Reading
STARTRADER Weekly Update | Gold Prices Dip to Three-Week Low Amidst Fed Interest Rate Hike Speculation
Written on April 24, 2023 at 10:22 am, by Designer
Gold prices have registered weekly losses for the second consecutive week, falling more than 1.4% to trade at $1980 per ounce, which is its lowest level in three weeks. The dollar index has slightly risen and settled above 101.40 levels, following recent statements by Fed’s officials that indicate their support for a potential increase inContinue Reading
Gold is Currently Facing Selling Pressure While the Dollar is Stabilizing
Written on April 24, 2023 at 6:43 am, by Designer
market news summary On Sunday, April 23rd, US-based home appliances company Bed Bath & Beyond filed for bankruptcy protection after a series of recent attempts to raise enough financing to keep the company afloat failed. In Europe, indices fluctuated between losses and gains throughout the trading session on Friday, April 21st, before ending the sessionContinue Reading
Gold Prices Are Below $2,000 Per Ounce
Written on April 19, 2023 at 7:53 am, by Designer
market news summary European stock indices posted gains on Tuesday, with investors eagerly awaiting the release of quarterly business results from Wall Street-listed companies. The FTSE 100 index in the UK ended the session by 0.4% up, or 30 points, to 7,909 points, while the French CAC 40 rose 0.5%, or 35 points, to 7,533Continue Reading
US Stocks Continue to Rise
Written on April 18, 2023 at 11:13 am, by Designer
Market News Summary According to the Office for National Statistics (ONS), the UK unemployment rate rose to 3.8% in February, slightly higher than the anticipated rise to 3.7%. However, the corresponding three months saw a 0.2% increase in the employment rate, bringing it to 75.8%. Official data released on April 18th revealed that the ChineseContinue Reading
Central Banks Approaching the Peak of Monetary Tightening
Written on April 18, 2023 at 10:54 am, by Designer
In the series of interviews, our experts introduce essential information about the financial markets. They provide valuable insights into the market trends, investment opportunities, risk management strategies and more. Watch the videos to find out. This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do notContinue Reading
