Icon close
  • Tenga en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso está permitido por ley. STARTRADER y sus entidades afiliadas no están establecidas ni operan en su jurisdicción de origen. Al invertir a través de este sitio web, es importante comprender que no está regulado por la Comisión Nacional del Mercado de Valores (CNMV) y usted no tendrá las protecciones que brinda la CNMV.

    Si decide continuar y visitar este sitio web, reconoce y confirma lo siguiente:

    1. STARTRADER no tiene sede en España ni licencia de la CNMV.
    2. Usted accede al sitio web por iniciativa propia y STARTRADER no se lo ha solicitado de ninguna manera.
    3. Desea obtener información de este sitio web, que se proporciona mediante solicitud inversa de acuerdo con las leyes de su jurisdicción de origen.
    4. Invertir a través de esta web no te otorga las protecciones previstas por la CNMV.
    5. Si decide invertir a través de este sitio web o con cualquiera de las entidades de STARTRADER, estará sujeto a las normas y regulaciones de las autoridades reguladoras internacionales pertinentes, no a la CNMV.

    STARTRADER quiere dejar claro que se encuentra debidamente licenciado y autorizado para ofrecer los servicios y productos financieros derivados enumerados en el sitio web. Las personas que acceden a este sitio web y registran una cuenta comercial lo hacen por su propia voluntad y sin solicitud previa.

    Al confirmar su decisión de continuar e ingresar al sitio web, por la presente afirma que esta decisión fue iniciada únicamente por usted y que ninguna entidad de STARTRADER ha realizado ninguna solicitud.

  • Si prega di notare che il sito web è destinato a individui residenti in giurisdizioni dove l'accesso è permesso dalla legge. STARTRADER e le sue entità affiliate non sono né stabilite né operanti nella vostra giurisdizione di residenza. Quando si investe tramite questo sito web, è importante comprendere che non è regolamentato dalla Commissione Nazionale per le Società e la Borsa (CONSOB), e non si avranno le protezioni offerte dalla CONSOB.

    Se si sceglie di procedere e visitare questo sito web, si riconosce e si conferma quanto segue:

    1. STARTRADER non ha sede in Italia né è autorizzata dalla CONSOB.
    2. Si sta accedendo al sito web di propria iniziativa e non si è stati sollecitati in alcun modo da STARTRADER.
    3. Si desidera ottenere informazioni da questo sito web, che sono fornite su base di sollecitazione inversa in conformità con le leggi della propria giurisdizione di residenza.
    4. Investire tramite questo sito web non concede le protezioni fornite dalla CONSOB.
    5. Se si sceglie di investire tramite questo sito web o con una qualsiasi delle entità STARTRADER, si sarà soggetti alle regole e ai regolamenti delle relative autorità di regolamentazione internazionali, non alla CONSOB.

    STARTRADER desidera chiarire che è debitamente autorizzata e abilitata ad offrire i servizi e i prodotti derivati finanziari elencati sul sito web. Gli individui che accedono a questo sito web e registrano un conto di trading lo fanno completamente di loro iniziativa e senza sollecitazioni precedenti.

    Confermando la vostra decisione di procedere ed entrare nel sito web, affermate che questa decisione è stata iniziata esclusivamente da voi, e che non è stata fatta alcuna sollecitazione da parte di alcuna entità STARTRADER.

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.

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.

17 March

market news summary

US Federal Reserve data showed that banks sought emergency liquidity in record amounts over the past few days following the collapse of Silicon Valley and Signature banks, which in turn led to the squandering of months-long efforts by the central bank to reduce the size of its balance sheet.

As of Wednesday, banks had accessed $152.9 billion, an all-time high, from the US central bank’s discount window, a traditional facility of last resort. It also obtained $11.9 billion in loans from the US Central Bank’s recently introduced term bank lending program. Discount window borrowing surpassed the previous record of $112 billion in the fall of 2008, during the worst of the financial crisis.

Goldman Sachs raised its estimates of a recession in the US economy over the next 12 months to 35%. In January, the US bank had set the same percentage as the possibility of a recession in the world’s largest economy, but in February, it reduced those estimates by about 10% to 25%, supported by gradually improved conditions in the jobs sector and confidence of the businesses.

Dollar index (USDX)

US Dollar Index chart on 17 March 2023

Even with serious attempts by the Fed and major banks to get out of the possibility of a new global crisis, the US dollar is still weak and within its downside trend. It is trading today below its important levels at $104.10.

Pivot Point: 104.10

Resistance levelSupport level
104.35103.85
104.65103.60
105.15103.10

Spot Gold (XAUUSD)

Spot Gold chart on 17 March 2023

Gold prices fell from their highest level in 6 weeks at the settlement of Thursday’s trading session, the sixteenth of March, with the easing of concerns related to the banking sector.

Upon settlement, gold futures fell by 0.4%, or $8.3, to $1923 an ounce, but it soon rebounded after this correction, reaching again above $1930 an ounce, and this is within the general bullish trend that the yellow metal gained this week.

Gold prices rose over the past week, with the yellow metal benefiting from concerns about the stability of the European and US banking system.

Pivot Point: 1,920

Resistance levelSupport level
1,9321,906
1,9451,893
19711,885

Dow Jones Index (DJ30ft – US30)

DOW JONES Index chart on 17 March 2023

US indices rebounded in Thursday’s session, supported by a rebound in financial stocks, supported in turn by reports stating that major banks will deposit up to $30 billion in First Republic coffers to stabilize the troubled bank.

Banks also received support from the speech of US Treasury Secretary Janet Yellen, who confirmed that the US banking system remains sound and Americans can feel confident that their deposits will be available when needed.

The Dow Jones index rose by 1.2%, or the equivalent of 370 points, in Thursday’s session, supported by the rise in the technology index by 2.6% and the recovery of the financial sector index by 1.6%.

Pivot Point: 32265

Resistance levelSupport level
3240032050
3270031800
3310031535

US Crude oil (USOUSD)

US Crude Oil chart on 17 March 2023

Oil prices rose at the settlement of trading on Thursday, March 16th, after falling to a 15-month low last Wednesday and declining for 3 sessions.

Upon settlement, Brent crude futures rose by 1.4% to $74.70 a barrel, and US crude futures rose by 1.1%, recording $68.35 a barrel upon settlement.

Oil prices found support from gains in US stocks after a group of 11 banks agreed to support First Republic by depositing $30 billion in the US bank.

Pivot Point: 67.65

Resistance levelSupport level
69.5067.00
70.5066.15
71.4064.00

STARTRADER

Online Trading App

Online App
Install