Energies
Monthly Archives: May 2023
Markets Are Awaiting FOMC Meeting Minutes
Written on May 24, 2023 at 8:11 am, by Designer
market news summary European stocks closed lower on Tuesday, affected by the losses in shares of major luxury goods companies and weak data from Swiss bank Julius Baer Wealth Management. Investors are also awaiting economic data from the region and the resolution of the US public debt ceiling crisis. The European STOXX 600 index fellContinue Reading
Gold is Back to Experience 1960 Levels
Written on May 23, 2023 at 6:48 am, by Designer
Market News Summary Wall Street analysts have expressed optimism about the performance of stocks of large Chinese technology companies, despite some uneven recovery among companies and their recent profits. Baidu’s profits and revenues have exceeded analysts’ expectations, while Tencent has returned to profitability. However, Alibaba’s revenues fell below analysts’ expectations. US House Speaker Kevin McCarthyContinue Reading
What Is a Pivot Point? How Is it Calculated?
Written on May 22, 2023 at 1:56 pm, by Designer
General Definition of Pivot Points What is a pivot point? It is a concept that traders should be familiar with as it is essential to any analysis. It serves as a benchmark for determining the probable market direction in the next session and identifying key support and resistance levels of different assets including forex, stock,Continue Reading
The Technology Sector Gains Support from US Indices.
Written on May 22, 2023 at 1:55 pm, by Designer
UBS anticipates that the demand for gold from central banks will remain robust even after a record-breaking year of purchases. In 2022, central banks acquired 1078 tons of gold, marking the highest annual demand for this precious metal since 1950, more than doubling the previous year’s level. UBS also projects that the price of goldContinue Reading
STARTRADER Monday’s Market Update 22-05-2023
Written on May 22, 2023 at 11:12 am, by Designer
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, declaringContinue Reading
مقابلة تلفزيونية مع أيمن النوباني للتحدّث عن تأثيرات أزمة سقف الدين
Written on May 22, 2023 at 11:09 am, by Designer
في مقابلته مع CNBC العربية، شارك محلّل الأسواق المالية لدى ستارتريدر، أيمن النوباني، توقعاته حول الأسواق المالية وتأثيرات أزمة سقف الدين على الأسعار والأصول الاستثمارية.
The Technology Sector Supports US Indices
Written on May 19, 2023 at 7:10 am, by Designer
Market News Summary European stocks rose at the end of trading on Thursday, supported by hopes for a breakthrough in the US public debt ceiling crisis. The German blue-chip index recorded its highest level in more than a year. The European STOXX 600 index closed up 0.4%, with the auto and technology company indices leadingContinue Reading
Optimism in the US Markets
Written on May 18, 2023 at 7:09 am, by Designer
Market news summary European stocks fell at the close on Wednesday as sentiment was affected by concerns about the United States potentially defaulting on its obligations. Additionally, a series of negative data from companies contributed to the negative sentiment. The European STOXX 600 index closed down 0.2%, with food and beverage companies, utilities, and realContinue Reading
