Monday Market Update I 25-Mar-2024
Gold prices in Asian trading experienced a slight on Monday but remained below recent highs due to the strength of the US dollar.
Following the Federal Reserve’s decision to maintain interest rates, investors have a sense of cautious optimism. However, their confidence in anticipated rate cuts for 2024 has diminished in light of future projections.
In contrast, oil prices surged in early Asian trading due to concerns over global supply disruptions, with Brent crude futures climbing 0.6% to $85.95 a barrel and US crude futures rising 0.7% to $81.18 a barrel.
On the other hand, Bitcoin rebounded by 4.9% to $67,462.8. This increase was supported by capital flows into exchange-traded funds and anticipation of the upcoming “halving” event despite the cryptocurrency being $6000 below its peak in March.
Key Takeaways U.S. Markets Close Lower with Growing Trade and Fed Tensions ECB Cuts Interest…
EURUSD: Potential Bearish Correction as RSI is in Overbought Territory Following a strong uptrend since…
Dear Valued Clients, To enhance your trading experience, we will be performing a historical data…
Oil prices went up on Thursday to regain some of the losses it has incurred…
Key Takeaways: All three major US indices close lower this week after volatile sessions Netflix…
About IA Pickleball Cup 2025 On March 8, 2025, STARTRADER participated as the Diamond Sponsor…
This website uses cookies.