Energies
Monthly Archives: September 2023
The Dollar Regains Control of Markets
Written on September 25, 2023 at 11:55 am, by Designer
Market News Summary Last week, U.S. debt hit an all-time high at $33 trillion amid inflation and a massive wave of treasury bonds. Treasury Secretary Janet Yellen often looks at the ‘net interest’ gauge as a percentage of GDP to assess the United States’ financial health. In Japan, the Bank of Japan may need toContinue Reading
Fears of Continued Tightening Policies Weigh on Markets
Written on September 22, 2023 at 10:10 am, by Designer
market news summary European stocks fell over 1% at the close on Thursday amid a widespread sell-off, driven by rising bond yields as major central banks around the world hinted at keeping interest rates high for longer. The European Stoxx 600 index closed down 1.3%, with travel and entertainment stocks dropping by 3.2%, and miningContinue Reading
Oil Prices Surge and Gold Shines as Interest Rates to be Announced this Week
Written on September 18, 2023 at 1:24 pm, by Designer
market news summary Goldman Sachs bank believes that the Federal Reserve is unlikely to raise interest rates at its upcoming meeting scheduled for early November. Goldman Sachs also expects the Federal Reserve to revise its US growth projections to 2.1% for the current year, compared to the previous expectations of 1%. Turkish President Recep TayyipContinue Reading
Oil Surges Beyond $90 Due to Supply Concerns and Positive Economic Signals
Written on September 15, 2023 at 6:57 am, by Designer
market news summary Industrial output in China grew at a faster pace than expected in August, signalling the positive role recent support measures played in stabilizing the sluggish economic recovery. According to data released by the National Bureau of Statistics on Friday, September 15, industrial production increased by approximately 4.5% in August on a year-on-yearContinue Reading
U.S. Inflation Surges Driven by Rising Oil Prices
Written on September 14, 2023 at 10:49 am, by Designer
market news summary The annual inflation rate in the United States rose for the second consecutive month to 3.7% in August from 3.2% in July, which is higher than the market’s expectations of 3.6%. This increase was attributed to the impact of rising oil prices. Additionally, Arm, the company that designs chips supplying core technologyContinue Reading
STARTRADER Monday’s Market Update 11-09-2023
Written on September 13, 2023 at 12:10 pm, by Designer
Investors are eagerly awaiting the release of the Consumer Price Index (CPI) data for the month of August, scheduled for today, Wednesday, and the Producer Price Index (PPI) reading, set to be released tomorrow. These releases will be crucial in measuring interest rate expectations ahead of the Federal Reserve meeting on September 20. U.S. indicesContinue Reading
Why and How to Trade Copper?
Written on September 13, 2023 at 10:54 am, by Designer
Early History of Copper May people opt for copper trading in our temporary time. Copper has become a common commodity traded among investors in our contemporary world. However, tracing its origins reveals how this metal acquired its value and became a favored choice among traders. Copper is the oldest metal known to humankind Copper holdsContinue Reading
OPEC’s Adjusts Oil Demand Expectations While Investors Are Anticipating Today’s Inflation Data
Written on September 13, 2023 at 9:10 am, by Designer
market news summary In its monthly report, the OPEC organization confirmed its expectations for stable global economic growth, with a projected growth rate of 2.7% for 2023 and 2.6% for 2024. As for global oil demand, it maintained its forecasts at 2.4 million barrels per day for 2023, with a slight growth expected in theContinue Reading
Tesla’s Stock Rises By 10% and the Company Gains $80B in Just One Day
Written on September 12, 2023 at 8:47 am, by Designer
market news summary Tesla’s stock rose by approximately 10% during Monday’s trading, following the prediction by experts at the American investment bank Morgan Stanley of an increase in the market value of the American electric car manufacturer. This is due to their development of the giant computer system known as Dojo, in light of theContinue Reading
