Monday's Market Update I 03-June-2024
The European Central Bank (ECB) is expected to cut interest rates by 25 basis points on Thursday, marking the first significant move among major central banks in this cycle. Markets anticipate the ECB will initiate multiple rate cuts throughout the year.
Anticipation is high for Friday’s nonfarm payrolls report, projecting continued strength in the U.S. labor market, with an estimated addition of 185,000 jobs for May.
OPEC+ is likely to agree on Sunday to extend its deep oil output cuts into 2024 and potentially even 2025.
Despite all three major U.S. stock indexes posting losses last week, the performance still reflects positivity, with the S&P 500 rising approximately 4.8%, the Nasdaq surging by 6.9%, and the Dow climbing by 2.4%.
https://youtu.be/O26JLC9Vb5I Oil prices rebounded after reaching to multi-month lows, driven by speculation that as major…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Collaboration for Academic Seminar at Maejo University On August 24, 2024, STARTRADER, in collaboration with…
https://youtu.be/PmYBct8-dQg U.S. stocks have seen increased volatility amid uncertainty surrounding the Federal Reserve's interest rate…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
https://youtu.be/9SblkR0b15U Gold prices have rebounded after hitting weekly lows below $2,500 per troy ounce. Expectations…
This website uses cookies.