News In the Spotlight

June May Mark the Beginning of an Economic Recession in America

The US may face an economic recession starting in June if Congress fails to increase the debt limit. The US Treasury Secretary expressed concerns about the consequences, including severe suffering for families, harm to global leadership, and questions about national security. A week of default could result in a million job losses and financial sector deterioration. Unemployment may rise by 5%, and the economy could contract by 0.5% if the crisis persists for six weeks. Raising the debt ceiling has been done before, and there are measures to prevent a global crisis. An announcement is expected soon.

Designer

Recent Posts

Important Notice: New Forex Product Launch

Dear Valued Client, We are pleased to announce that STARTRADER has officially launched a new…

19 hours ago

New Rules for Pending and Stop Orders

Dear Valued Client, We are pleased to inform you that STARTRADER has updated the order…

2 days ago

Daily Technical Update: Gold Breaks a New Record Above $3,400

Gold prices continue to break new highs as fear in the markets grow and demand…

3 days ago

Daily Fundamental Update: Dow Jones Drop 1,000 Points After Trump’s Remarks Against Powell

U.S. Stocks recover in early trading following yesterday’s sharp declines Stock futures rose in early…

3 days ago

Weekly Fundamental Analysis Forecast – April 21, 2025

Gold has soared to a fresh high over the impact of the trade war between…

4 days ago

Weekly Technical Analysis Forecast – April 21, 2025

EUR/USD is climbing again after bouncing off 1.1270 over the 30-SMA, confirming it as support.…

4 days ago

This website uses cookies.