News In the Spotlight

Monday’s Market Update I 29-Jan-2024

Headline inflation is on the decline, while core inflation lingers at 4%, potentially causing the Federal Reserve System (Fed) to be cautious about an early reduction in interest rates.

The unexpected 3.3% growth in the U.S. economy in Q4, fuelled by strong consumer spending, defies concerns of a recession.

Investors eagerly await insights into future interest rate decisions with the release of the Federal Reserve Open Market Committee Meeting Minutes; it is widely expected that the Fed will keep interest rates unchanged.

The upcoming U.S. jobs report foresees the addition of 177,000 new jobs, indicating a slowdown in the labor market.

Meanwhile, on Thursday, the Bank of England (BoE) is expected to keep interest rates steady.

As earnings season unfolds, the spotlight is on five of the “Magnificent Seven” giants, including Alphabet, Apple, Meta, Amazon, and Microsoft.

Designer

Recent Posts

Market Recap | 21-Nov-2024

https://www.youtube.com/embed/bnsScHyQBbQ Gold (XAU/USD) continues its bullish momentum for the fourth consecutive day, trading near $2,660,…

2 days ago

Notification of Change in the Leverage of US Shares

Dear Valued Clients, Please be advised that the leverage on all US Share CFDs products will…

2 days ago

Money Expo Qatar 2024: STARTRADER Unearths the Riches of the Patch

Overview of the Event The Money Expo Qatar 2024 was held at the Doha Exhibition…

5 days ago

Two-Factor Authentication (2FA): A Minor Shift, a Major Boost for Security.

Dear Valued Clients, STARTRADER always prioritizes the interests of clients. With two-factor authentication (2FA), we…

5 days ago

Rollover Notification in November

Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled…

2 weeks ago

Market Closure in November

Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…

3 weeks ago

This website uses cookies.