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

Aggregate Risk

The meaning of aggregate risk may differ depending on the context. Generally it pertains to…

19 hours ago

(Updated)Server Upgrade and Maintenance Notification

Dear Valued Client, In order to provide you with a better trading experience, STARTRADER will…

1 day ago

Asset Under Management

Also known as AUM, it refers to the total value of financial assets that an…

2 days ago

Aggregate Supply

In order to fulfill the demand for goods and services created in the economy during…

2 days ago

(Updated)Rollover Notification in January

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

2 days ago

Algorithmic Trading

Algorithmic trading is the marriage of trading and computer software. Instead of the trader monitoring…

3 days ago

This website uses cookies.