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.

9 August

Credit card balances in the United States jumped in the second quarter, surpassing a trillion dollars for the first time. The total credit card debt increased by $45 billion from April to June, marking a growth of over 4% compared to the previous quarter.

Markets are eagerly anticipating the upcoming release of the U.S. Consumer Price Index data, which is scheduled for tomorrow. Inflation is predicted to have accelerated slightly in the United States for July, reaching an annual rate of 3.3%. Additionally, the core rate is expected to remain unchanged at 4.8%.

Worries reappeared in the financial sector due to Moody’s credit rating agency downgrading multiple American banks. The agency reduced the credit rating for 10 smaller to medium-sized banks by a notch and is currently reviewing 6 banks for potential downgrades.

RISK WARNING
All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be requiredto make further payments. It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved. You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose. STARTRADER LLC assumes no liability for any loss sustained from trading in accordance with a recommendation. Trading via this website is with STARTRADER LLC.

This website, including the information and materials contained in it, is not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

STARTRADER LLC is a company duly incorporated in Saint Vincent & The Grenadines under Number 228 LLC 2019 to provide margin FX and CFDs trading services for global investors.

STARTRADER LIMITED is regulated by the Seychelles Financial Services Authority (FSA), License No. SD049. Our registered address is located at Block B, Room 2, No. 2, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles.

STARTRADER INTERNATIONAL PTY LTD is an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”)，registration number 2022/435897/07.

STARTRADER PRIME GLOBAL PTY LTD is regulated by the Australian Securities and Investments Commission (ASIC), ABN no. 65 156 005 668, AFSL no. 421210.

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