Monday Market Update I 25-Mar-2024
Gold prices in Asian trading experienced a slight on Monday but remained below recent highs due to the strength of the US dollar.
Following the Federal Reserve’s decision to maintain interest rates, investors have a sense of cautious optimism. However, their confidence in anticipated rate cuts for 2024 has diminished in light of future projections.
In contrast, oil prices surged in early Asian trading due to concerns over global supply disruptions, with Brent crude futures climbing 0.6% to $85.95 a barrel and US crude futures rising 0.7% to $81.18 a barrel.
On the other hand, Bitcoin rebounded by 4.9% to $67,462.8. This increase was supported by capital flows into exchange-traded funds and anticipation of the upcoming “halving” event despite the cryptocurrency being $6000 below its peak in March.
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity…
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session times…
Dear Valued Clients, Please be advised that the margin call and stop-out levels will be adjusted…
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