News In the Spotlight

STARTRADER Monday’s Market Update 14-08-2023

The NASDAQ and S&P 500 indices declined at the close on Friday, marking losses for the second consecutive week. This was prompted by a higher-than-expected reading for the US Producer Price Index, which led to an increase in Treasury bond yields and a drop in shares of major technology companies.

Analysis revealed that Apple has spent over $500 billion on stock buybacks over the past decade, specifically since 2012. This amount exceeds the total market value of giant companies like Visa, JPMorgan, or Exxon Mobil.

Markets are anticipating the release of the Federal Open Market Committee (FOMC) Meeting Minutes next Wednesday in an attempt to figure out whether the Fed has concluded its monetary tightening cycle.

wwwstartraddev

Recent Posts

New Archiving Conditions for MT5 Live 1 Accounts

Dear Valued Clients, To further optimize platform resource allocation and enhance service efficiency, STARTRADER will…

2 hours ago

Important Notice: Identity Misuse and Fraud Alert

Dear Valued Client, We are writing to inform you of a recent incident involving the…

4 hours ago

Daily Technical Analysis: Swiss Franc falls as USDCHF Recovers from its Historical Lows

Swiss Franc falls as USDCHF recovers from its historical lows Following downtrend breakout, USDCHF sets…

5 hours ago

Daily Fundamental Analysis: US Indices Rise as the Dollar Regains Strength

Key Takeaways: U.S. Stock Markets close higher on Tuesday on hopes of trade deals between…

5 hours ago

Market Closure in May

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

8 hours ago

Daily Technical Analysis : British Pound breaks above 1.3400 against the USD

GBPUSD rises as the USD continues to weaken As the USD continues to fall against…

1 day ago

This website uses cookies.