STARTRADER Monday's Market Update 03-07-2023
Oil prices experienced a decline during the early Asian trading session today, Monday, as concerns over global economic slowdown and the possibility of the Federal Reserve raising interest rates were met with expectations of supply reductions amidst announced cuts by OPEC+.
Last week, Federal Reserve Chairman Jerome Powell stated that further interest rate hikes would likely occur in the upcoming bank meetings.
Meanwhile, investment management company PIMCO stated that markets are overly optimistic about the central banks’ ability to avoid a recession while combating inflation in Europe and America, but it sees the opposite.
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.