Monthly Archives: February 2024
Market Recap I 29-Feb-2024

Written on February 29, 2024 at 2:26 pm, by Designer
The Federal Reserve’s favored measure of inflation – the core Personal Consumption Expenditures (PCE) Price Index – is scheduled for release later today on Thursday, with forecasts indicating a projected 0.4% increase. Today, oil prices extended their decline from the previous session due to a larger-than-expected build in U.S. crude inventories. Furthermore, the price ofContinue Reading
How to Trade Coffee CFDs

Written on February 29, 2024 at 2:13 pm, by Designer
Coffee is in High Demand Let us dive deeper into the art of coffee trading. Deciding what to drink in the morning is typically a quick decision for most people. People around the world often gravitate toward the black, invigorating taste of coffee that kick-starts their day and helps them focus on their work better. Consequently,Continue Reading
Monday Market Update I 26-Feb-2024

Written on February 27, 2024 at 1:05 am, by Designer
Oil prices dropped due to the strengthening dollar, raising concerns over inflation and the potential delay of cuts to U.S. interest rates, thereby impacting global fuel demand. Meanwhile, Asian stocks remained near a seven-month high as investors awaited inflation updates from the US, Japan, and Europe to gauge future rate adjustments. Japanese consumer price figures,Continue Reading
Monday Market Update I 19-Feb-2024

Written on February 19, 2024 at 12:34 pm, by Designer
In the upcoming holiday-shortened week, the economic calendar remains relatively subdued, with all eyes on Wednesday’s release of the Federal Open Market Committee meeting minutes. Investors are eagerly anticipating major economic updates on Thursday, including Initial Jobless Claims, Retail Global PMI, and Existing Home Sales data from the US market, along with inflation data forContinue Reading
Monday’s Market Update I 05-Feb-2024

Written on February 5, 2024 at 12:43 pm, by Designer
The Reserve Bank of Australia is expected to keep interest rates unchanged in the upcoming Tuesday meeting. Recent nonfarm payroll data indicates that the U.S. job market is performing better than anticipated, giving the Federal Reserve more flexibility to uphold higher interest rates for a longer period. Federal Reserve Chair Jerome Powell, in a CBSContinue Reading
iFX EXPO Dubai 2024: STARTRADER Prime Wins the Best ECN/STP Broker Award

Written on February 1, 2024 at 7:57 am, by Designer
16 Years of Excellence, Cutting-Edge Platforms, and Deep Liquidity Drive Success at IFX Expo Dubai 2024 STARTRADER Prime, a leading force in financial trading, illuminated the iFX EXPO Dubai 2024 (January 16-18) with a captivating presence, winning the coveted Best ECN/STP Broker award and forging key connections. This prestigious event, organized by industry powerhouse Ultimate Fintech, hostedContinue Reading