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Monthly Archives: May 2023

Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

Written on May 15, 2023 at 5:32 am, by

The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 inContinue Reading

Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

Written on May 15, 2023 at 2:11 am, by

The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 inContinue Reading

When to Trade Forex: Is there a best time?

Written on May 12, 2023 at 8:34 am, by

Forex trading is a global market that operates 24 hours a day. And it is important to know the best times to trade in order to maximise your profits.  The Forex market can be divided into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.   TheContinue Reading

US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss

Written on May 12, 2023 at 7:38 am, by

US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO of Twitter, with Tesla’s shares increasing following the news. On Thursday, the Dow Jones IndustrialContinue Reading

US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss

Written on May 12, 2023 at 5:32 am, by

US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO of Twitter, with Tesla’s shares increasing following the news. On Thursday, the Dow Jones IndustrialContinue Reading

How to Trade Forex: A begginer’s Guide

Written on May 11, 2023 at 11:58 am, by

There are several ways to trade Forex, and each method has its own advantages and disadvantages.   The most popular financial instruments used in Forex trading include retail Forex, spot FX, currency futures, currency options, currency exchange-traded funds (or ETFs), Forex CFDs, and Forex spread betting.  Retail Forex is a way for individuals to participate inContinue Reading

What is Traded in Forex: The most actively traded currencies

Written on May 11, 2023 at 11:04 am, by

To be short, the answer is “currencies”.  When we want to talk about different types of currencies, we use three-letter symbols to represent them. The first two letters in the symbol tell us which country the currency comes from, and the third letter tells us the name of the currency. For example, USD stands forContinue Reading

What is Forex Trading: A comprehensive overview

Written on May 11, 2023 at 9:37 am, by

Forex is a short term for “foreign exchange,” which means changing one currency to another.  Let’s say you’re travelling from France to the United States. You’ll need to change your euros to US dollars. When you go to the bank, you’ll see a big board with names of different currencies and numbers. This board showsContinue Reading

Weekly Dividend Adjustment Notice – May 11, 2023

Written on May 11, 2023 at 8:34 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Weekly Dividend Adjustment Notice – May 11, 2023

Written on May 11, 2023 at 8:31 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

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