STARTRADER Monday's Market Update 22-05-2023
US indices ended last Friday’s session on a decline after a temporary suspension of debt ceiling talks between Republicans and Democrats. However, the indices posted weekly gains, with the exception of the Dow Jones, which ended the session down by 0.3%.
Janet Yellen, the US Treasury Secretary, has been making statements and issuing warnings, declaring June 1 as a crucial and irreversible deadline for raising the debt ceiling. This deadline emphasizes the urgency of resolving the issue to prevent potential economic repercussions.
In the oil markets, prices rose today, Monday, supported by the decline in the value of the dollar and reduced supplies from Canada and the OPEC+ group of producers.
Investors are eagerly awaiting the release of the Federal Open Market Committee (FOMC) meeting minutes, scheduled for next Wednesday. They hope to gain clearer guidance on market trends and potential future actions by the Federal Reserve.
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
https://youtu.be/nC7s5cO7Xl8 Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during…
https://youtu.be/ZlrmvoOvDd4 Gold prices (XAU/USD) are struggling to maintain a modest rebound after touching a one-week…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity…
Over the last decade, the Indian marketplaces have emerged as one of the growing hub…
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