News In the Spotlight

STARTRADER Market Recap | 04-May-2023

Gold prices surged today to a new all-time high following a 25-basis point interest rate increase by Fed, with an indication that further rate hikes may be avoided. According to Federal Reserve Chair Jerome Powell, the central bank remains committed to combatting inflation and reducing it to the targeted 2% level.

As a result, both the stock market and oil prices saw significant drops today, with the Dow Jones index falling to $33,250 and oil prices dipping below $64 in this morning’s trading.

This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do not constitute operational advice. It is important to assess your risk tolerance and make independent trading decisions. STARTRADER holds no responsibility for any trading consequences that may arise from relying on the views expressed in this material.

AddThis Website Tools
Designer

Recent Posts

Leverage Adjustment for BVSPX

Dear Valued Client, To further optimize our trading environment and enhance your trading experience, we…

16 hours ago

Important Notice: Upcoming Server Upgrade for STARTRADER

Dear Valued Client, We are pleased to inform you that STARTRADER will be upgrading its…

7 days ago

Rollover Notification in June

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

7 days ago

Market Closure in June

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

7 days ago

Leverage Adjustment for US Shares

Dear Valued Client, To further optimize our trading environment and enhance your trading experience, we…

1 week ago

Important Notice: New Index Products Launch

Dear Valued Client, We are pleased to announce that STARTRADER will be launching new Index products on…

1 week ago