ADSS is your ultimate trading destination in the UAE. Trade CFDs on forex, stocks, indices, gold and crypto. All trading carries risk. Authorised by the CMA.
Strength in the US dollar weighed on gold prices this morning, while investors await Fed's interest rate decision this week.
Markets remained on the edge, with Israel’s election results due this week and the US midterm elections scheduled for next week.
https://t.co/ywRSqiCcuK
Brazil’s Ibovespa fell nearly 14% after Lula’s surprise win over Flávio Bolsonaro. Markets had expected a Bolsonaro victory and tighter fiscal policy, sparking a sell-off on fears of higher spending, deficits and interest rates. The real also weakened sharply against the dollar.
#CentralBanks: 4 rate decisions in 3 days 🏦
🇨🇦 BoC (Wed): Hike expected to 2.50%
🇺🇸 Fed (Wed): Hold at 4.00% expected
🇪🇺 ECB (Thu): Hold at 2.65% expected
🇯🇵 BoJ (Fri): Hold expected
Crude oil prices traded lower this morning after reaching close to a six-month high last week.
US stocks in focus today ahead of some key economic data and several corporate earnings releases this week.
https://t.co/svzdvzWPWH