Icon close
  • Tenga en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso está permitido por ley. STARTRADER y sus entidades afiliadas no están establecidas ni operan en su jurisdicción de origen. Al invertir a través de este sitio web, es importante comprender que no está regulado por la Comisión Nacional del Mercado de Valores (CNMV) y usted no tendrá las protecciones que brinda la CNMV.

    Si decide continuar y visitar este sitio web, reconoce y confirma lo siguiente:

    1. STARTRADER no tiene sede en España ni licencia de la CNMV.
    2. Usted accede al sitio web por iniciativa propia y STARTRADER no se lo ha solicitado de ninguna manera.
    3. Desea obtener información de este sitio web, que se proporciona mediante solicitud inversa de acuerdo con las leyes de su jurisdicción de origen.
    4. Invertir a través de esta web no te otorga las protecciones previstas por la CNMV.
    5. Si decide invertir a través de este sitio web o con cualquiera de las entidades de STARTRADER, estará sujeto a las normas y regulaciones de las autoridades reguladoras internacionales pertinentes, no a la CNMV.

    STARTRADER quiere dejar claro que se encuentra debidamente licenciado y autorizado para ofrecer los servicios y productos financieros derivados enumerados en el sitio web. Las personas que acceden a este sitio web y registran una cuenta comercial lo hacen por su propia voluntad y sin solicitud previa.

    Al confirmar su decisión de continuar e ingresar al sitio web, por la presente afirma que esta decisión fue iniciada únicamente por usted y que ninguna entidad de STARTRADER ha realizado ninguna solicitud.

  • Si prega di notare che il sito web è destinato a individui residenti in giurisdizioni dove l'accesso è permesso dalla legge. STARTRADER e le sue entità affiliate non sono né stabilite né operanti nella vostra giurisdizione di residenza. Quando si investe tramite questo sito web, è importante comprendere che non è regolamentato dalla Commissione Nazionale per le Società e la Borsa (CONSOB), e non si avranno le protezioni offerte dalla CONSOB.

    Se si sceglie di procedere e visitare questo sito web, si riconosce e si conferma quanto segue:

    1. STARTRADER non ha sede in Italia né è autorizzata dalla CONSOB.
    2. Si sta accedendo al sito web di propria iniziativa e non si è stati sollecitati in alcun modo da STARTRADER.
    3. Si desidera ottenere informazioni da questo sito web, che sono fornite su base di sollecitazione inversa in conformità con le leggi della propria giurisdizione di residenza.
    4. Investire tramite questo sito web non concede le protezioni fornite dalla CONSOB.
    5. Se si sceglie di investire tramite questo sito web o con una qualsiasi delle entità STARTRADER, si sarà soggetti alle regole e ai regolamenti delle relative autorità di regolamentazione internazionali, non alla CONSOB.

    STARTRADER desidera chiarire che è debitamente autorizzata e abilitata ad offrire i servizi e i prodotti derivati finanziari elencati sul sito web. Gli individui che accedono a questo sito web e registrano un conto di trading lo fanno completamente di loro iniziativa e senza sollecitazioni precedenti.

    Confermando la vostra decisione di procedere ed entrare nel sito web, affermate che questa decisione è stata iniziata esclusivamente da voi, e che non è stata fatta alcuna sollecitazione da parte di alcuna entità STARTRADER.

  • Thank you for visiting our website. Please note that our platform is intended solely for individuals residing in jurisdictions where the distribution and use of such information are legally permitted. STARTRADER and its affiliates do not engage in business activities in jurisdictions where such practices are restricted or prohibited by law.

    By selecting "Acknowledge" you confirm that your access to this site is entirely self-initiated and not a result of any promotional activities conducted by STARTRADER. You are seeking information based on your own initiative, in accordance with the principles of reverse solicitation as applicable under the laws of your jurisdiction.

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.

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.

Language

29 August

market news summary

European indices closed higher at the end of Monday’s trading, supported by sectors exposed to China due to Beijing’s measures to bolster the rising stock market. The STOXX 600 European index ended the session with a 0.9% increase, marking its best one-day performance in a month. Technology stocks led the gains with a 1.7% rise, following the early gains of major stocks on Wall Street.

As part of efforts to encourage foreign business activities in China, the Chinese Ministry of Finance announced on Monday that it would extend preferential income tax policies for foreign workers in the country until the end of 2027.

Dollar Index (USDX)

US Dollar Index chart on 29 August 2023

The dollar declined against its competitors, causing the dollar index to trade below its pivot point at $103.80 today. The focus this week will be on the upcoming report of the US Personal Consumption Expenditures (PCE) Price Index, scheduled for release on Thursday, and the Non-Farm Payrolls data for the month of August, set to be released on Friday. These releases are expected to provide more clarity about the strength of the economy.

The market believes that if the Gross Domestic Product (GDP) data this week turns out to be negative, it could dampen the Federal Reserve’s willingness to further increase interest rates.

Pivot point: 104.00

Resistance levelSupport level
104.07103.85
104.25103.70
104.45103.50

Spot Gold (XAUUSD)

Spot Gold chart on 29 August 2023

Gold prices rose on Monday, supported by the decline in the dollar and bond yields, while investors are anticipating a series of US economic data this week for further clues on interest rate expectations.

The spot price of gold increased by 0.3% to $1919.41 per ounce, and the settlement of US gold futures rose by 0.4% to $1946.80.

Pivot point: 1919

Resistance levelSupport level
19261913
19321906
19391899

Dow Jones Index (DJ30ft – US30)

DOW JONES Index chart on 29 August 2023

US indices closed with collective gains in Monday’s session, marking their second consecutive daily gains as investors absorbed Jerome Powell’s statements from last Friday, suggesting that the Federal Reserve might need to raise interest rates further to contain inflation.

The Dow Jones index rose by 0.62%, equivalent to around 217 points. The NASDAQ and S&P 500 indices also increased by approximately 0.8% and 0.6% respectively. These gains were supported by the rise of NVidia and Meta shares by 1.8% and 1.7% respectively.

Pivot point: 34565

Resistance levelSupport level
3473534445
3485534275
3502534155

US Crude (USOUSD)

US Crude chart on 29 August 2023

Risk Warning

This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do not constitute operational advice. It is important to assess your risk tolerance and make independent trading decisions. STARTRADER holds no responsibility for any trading consequences that may arise from relying on the views expressed in this material.

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service