Energies
Monthly Archives: November 2023
Oil Prices Slide 1.5% on Record US Inventories and Asian Demand Worries
Written on November 16, 2023 at 9:57 am, by Designer
Market News Summary The European Stoxx 600 index rose to its highest level in over a month yesterday, thanks to a slowdown in inflation in major economies, bolstering bets on ending the tightening monetary policy pursued by central banks. After a report indicating stability in inflation in the United States, new data showed that UKContinue Reading
US Dollar Slides as Lower-than-Expected Inflation Spurs
Written on November 15, 2023 at 10:12 am, by Designer
Market News Summary European market indices rose at the end of Tuesday’s trading session after US inflation data for October came in lower than expected. The European Stoxx 600 index ended the session up by 1.4%, with all sectors and major markets in the region mostly in positive territory. Retail sector stocks rose by 3.1%,Continue Reading
Dow Jones Index Achieves Its Highest Close in About Two Months
Written on November 14, 2023 at 1:42 pm, by Designer
Market News Summary European stocks closed in the green on Monday, in line with market anticipation of data this week that will reveal economic prospects amid major central banks endorsing tighter monetary policies. The STOXX 600 European index closed up by 0.8%, following its largest single-day drop in three weeks on Friday, November 10, reachingContinue Reading
STARTRADER Secures ASIC License for Global Expansion
Written on November 14, 2023 at 6:52 am, by Designer
Acquisition of ASIC License: A Testament to Compliance and Expansion STARTRADER Secures ASIC License. STARTRADER proudly announces the successful gaining of an Australian Securities and Investments Commission (ASIC) license, marking a significant achievement. Firstly, the acquisition of ASIC shows dedication to regulatory compliance. Also, it proves to be a pivotal step in expanding the firm’sContinue Reading
The Peak of Monetary Tightening Has Not Been Reached Yet
Written on November 13, 2023 at 10:21 am, by Designer
Market News Summary A U.S. official revealed on Sunday that President Joe Biden will urge Beijing to restore military relations during the upcoming summit with Chinese counterpart Xi Jinping. Moody’s Investor Services lowered its outlook for the U.S. credit rating from stable to negative, emphasizing on Friday the “very large” financial deficit in America andContinue Reading
The Gold at Its Lowest Levels in Weeks Waned Due to Easing Tensions in the Middle East
Written on November 9, 2023 at 1:02 pm, by Designer
Market News Summary Consumer prices contracted in China last month as the country, the world’s second-largest economy, grapples with a varied recovery from the COVID-19 pandemic. According to data from the National Bureau of Statistics released on Thursday, the Consumer Price Index shrank by about 0.2% in October on a yearly basis, surpassing expectations ofContinue Reading
What Is Oil Trading and Its Significance?
Written on November 9, 2023 at 8:38 am, by Designer
What constitutes the value of oil? Oil presents substantial opportunities in the financial world. This commodity, often referred to as “black gold” in some contexts, is undeniably in high demand. Its recent value surge cannot be overstated. Nowadays, oil is an indispensable element in various aspects of our lives, from transportation and heating to manufacturingContinue Reading
Oil and Gold Prices Experience Declines Amid Economic Uncertainty
Written on November 8, 2023 at 12:15 pm, by Designer
Market News Summary Portuguese stocks sharply declined on Tuesday, marking the worst performance on the broader European index following the resignation of Prime Minister António Costa due to an investigation into alleged irregularities concerning lithium and hydrogen mining projects in the country. The Portuguese index dropped by 2.5%, with Mota-Engil’s stock falling by 5.6%, leadingContinue Reading
The Advantages and Risks of CFD Trading: What You Need to Know
Written on November 7, 2023 at 12:28 pm, by Designer
What is a CFD in Trading? What is a CFD in Trading? A Contract for Difference (CFD) stands as a financial derivative enabling traders to seize trading opportunities on various asset price movements without owning the underlying asset. It essentially constitutes a contract between a trader and a broker, operating on the difference in anContinue Reading
