Energies
The Reserve Bank of Australia is expected to keep interest rates unchanged in the upcoming Tuesday meeting.
Recent nonfarm payroll data indicates that the U.S. job market is performing better than anticipated, giving the Federal Reserve more flexibility to uphold higher interest rates for a longer period.
Federal Reserve Chair Jerome Powell, in a CBS interview, emphasized that there are no plans to cut interest rates in the short term.
On Monday, oil prices rebounded from last week’s sharp declines, driven by concerns about increased tensions in the Middle East following U.S. airstrikes and Ukrainian drone attacks on the largest Russian refinery.
This week’s key events on the U.S. economic calendar include the ISM services PMI for January on Monday and the initial jobless claims report from the Labor Department on Thursday.
The S&P 500 reached a new high on Friday after the jobs data, propelled by the rising shares of Meta Platforms and Amazon.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEError! Please try again.
