
Market news – Week 3, March 2023
The collapse of Silvergate Bank and Silicon Valley Bank triggered a steep fall in the prices of cryptocurrencies last week. Read more in our report.
The collapse of Silvergate Bank and Silicon Valley Bank triggered a steep fall in the prices of cryptocurrencies last week. Read more in our report.
The major US stock indices recovered from their recent slump, with Nasdaq rising the highest at 2.58%. Read more in our report.
Better-than-expected Personal Consumption Expenditure (PCE) Price Index data propelled the dollar higher. Read more in our report.
Oil prices fell for the week as traders worry about the interest rate decision by the US Federal Reserve amid inflation fears. Read more in our report.
The SEC imposed a 30 million USD fine on cryptocurrency platform Kraken, leading to a fall in the prices of digital tokens. Read more in our report.
The S&P 500 was on the up for a second successive week, marking its first positive January in 4 years. Read more in our report.
Breaking away from its weeks-long downturn, the US dollar finished marginally up against the euro. Read more in our report.
Gold prices rose for a fifth straight week over hopes of slower interest rate hikes by the US Federal Reserve. Read more in our report.
Bitcoin broke the 20,000 USD barrier on Saturday, 14 Jan, after oscillating between 16,000 USD and 17,000 USD for the past few weeks. Read more in our report.
Upbeat jobs data and expectations of a dovish stance to interest rates by the US Federal Reserve helped stocks end their bear run. Read more in our report.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.