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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Monday’s Market Update | 26-Aug-2024

On Monday, oil prices extended their upward trend in Asian trading, continuing their rise from the previous session. This increase is driven by the ongoing Israel-Hamas conflict, which shows no signs of a ceasefire.

Additionally, oil markets were supported by optimism around potential U.S. interest rate cuts after comments from Federal Reserve Chair Jerome Powell, which further boosted oil prices on Friday. The EUR/USD pair weakened to near 1.1185 during early trading in Europe on Monday.

The slight recovery in the U.S. dollar is putting downward pressure on the pair. However, the downside might be limited because Federal Reserve Chair Jerome Powell hinted at a possible rate cut in September.

Latest Market Recap

Market Recap | 17-Oct-2024

Monday’s Market Update | 14-Oct-2024

Market Recap | 11-Oct-2024

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All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments. It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved. You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose. STARTRADER International PTY Limited assumes no liability for any loss sustained from trading in accordance with a recommendation. Trading via this material is with STARTRADER International PTY Limited.

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