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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Monday’s Market Update I 23-Sep-2024

Gold prices surged to a record high on Monday, driven by a weaker U.S. dollar. The Federal Reserve’s recent move towards lowering interest rates and the potential for further cuts this year could boost gold’s appeal, which offers no yield. Additionally, escalating tensions in the Middle East may drive investors to safe-haven assets like gold.

This week, the Federal Reserve cut interest rates for the first time since March 2020, which was well-received by stock-market investors. With inflation cooling, this move sets the stage for a smooth economic recovery.

Latest Market Recap

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