Energies
During Asian trading on Thursday, the dollar index showed little movement and remained close to one-month highs as traders awaited inflation data and speeches from Federal Reserve officials to gain further insights into interest rates tomorrow, Friday.
Meanwhile, oil prices rose in Asian trade on Thursday due to expectations of reduced supplies, particularly with decreased Russian production, positioning crude for a strong performance in the first quarter of 2024.
Gold prices remained stable in light of Personal Consumption Expenditures (PCE) data and the focus on speeches from Fed officials.
However, trading volumes on Friday could be subdued as the U.S. stock and Treasuries markets will be closed for the Good Friday holiday.
The GBP experienced a slight increase, rebounding from its one-month low last week, after the Bank of England Governor Andrew Bailey reported to the Financial Times that rate cuts “were in play” this year.
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.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Securities and Commodities Authority (SCA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
