Monday Market Update I 26-Feb-2024
Oil prices dropped due to the strengthening dollar, raising concerns over inflation and the potential delay of cuts to U.S. interest rates, thereby impacting global fuel demand.
Meanwhile, Asian stocks remained near a seven-month high as investors awaited inflation updates from the US, Japan, and Europe to gauge future rate adjustments.
Japanese consumer price figures, anticipated to reveal a slowdown, are slated for release on Tuesday. Moreover, EU inflation data, expected to demonstrate a decline, is set to be published on Friday, potentially influencing ECB policy decisions.
In the US, an eventful week is anticipated, featuring key reports on durable goods, consumer confidence, GDP, core PCE, initial jobless claims, and manufacturing PMIs.
Dear Valued Client, Please be advised that the following instruments' trading hours and market session…
Dear Valued Client, We are pleased to inform you that STARTRADER will be conducting a…
S&P 500 futures were flat in early trading today as the index nears its record…
EURUSD continues its uptrend as the pair reached its highest level since November 2021, though…
US indices rose sharply yesterday. Nasdaq 100 has gained 3.6% since the market opened on…
Oil prices fell 11% after Iran's missile strike on a U.S. base in Qatar caused…
This website uses cookies.