Monthly Archives: May 2023
Federal Interest Rates: 5 ways they affect your money
Written on May 9, 2023 at 6:59 am, by anakin
What is the U.S Federal Interest Rates The Federal Reserve (Fed) sets the interest rates that banks charge each other for short-term loans, known as the federal funds rate. The federal funds rate is the benchmark for other interest rates, such as mortgage rates, credit card rates, and car loan rates. The Fed has twoContinue Reading
Federal Funds Rate: What it is and why is important
Written on May 9, 2023 at 6:55 am, by anakin
What is the U.S Federal Funds Rate The U.S Federal Funds Rate refers to the interest rate at which depository institutions lend and borrow money from each other overnight to maintain their reserve requirements set by the Federal Reserve. The Federal Reserve sets a target for the Federal Funds Rate, and then uses open marketContinue Reading
Consumer Price Index (CPI): Understanding its importance on the economy
Written on May 9, 2023 at 6:46 am, by anakin
What is the U.S Consumer Price Index (CPI) The U.S Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is widely regarded as one of the most important economic indicators in the UnitedContinue Reading
Consumer Confidence Index (CCI): 5 ways that the (CCI) can affect you and why it is important
Written on May 9, 2023 at 6:41 am, by anakin
What is the Consumer Confidence Index The Consumer Confidence Index (CCI) is a survey-based economic indicator that measures the level of optimism that consumers have in the economy. The CCI is released monthly and is closely watched by economists, investors, and policymakers as an important gauge of the health of the U.S. economy. Understanding howContinue Reading
Mixed Market Reaction as Investors Await Key Inflation Data and Banking Sector Stability
Written on May 9, 2023 at 4:50 am, by anakin
The S&P 500 closed near the flat line on Monday, with investors anticipating crucial inflation readings, including the consumer price index report for April. Despite minor fluctuations, the broad market index ended the session at 4,138.12, reflecting a marginal gain of 0.05%. The Nasdaq Composite performed slightly better, adding 0.18% and closing at 12,256.92, whileContinue Reading
Mixed Market Reaction as Investors Await Key Inflation Data and Banking Sector Stability
Written on May 9, 2023 at 4:48 am, by anakin
The S&P 500 closed near the flat line on Monday, with investors anticipating crucial inflation readings, including the consumer price index report for April. Despite minor fluctuations, the broad market index ended the session at 4,138.12, reflecting a marginal gain of 0.05%. The Nasdaq Composite performed slightly better, adding 0.18% and closing at 12,256.92, whileContinue Reading
Week Ahead: All Eyes on Bank of England Rate Statement, US CPI, and US PPI
Written on May 8, 2023 at 3:06 am, by anakin
Highly anticipated economic reports are set to be released this week, including the Bank of England Rate Statement, US Consumer Price Index (CPI), and US Producer Price Index (PPI). These reports are vital, providing traders and investors with essential data and ensuring they stay ahead of the dynamic market. Consumer Price Index | US (10Continue Reading
Week Ahead: All Eyes on Bank of England Rate Statement, US CPI, and US PPI
Written on May 8, 2023 at 3:04 am, by anakin
Highly anticipated economic reports are set to be released this week, including the Bank of England Rate Statement, US Consumer Price Index (CPI), and US Producer Price Index (PPI). These reports are vital, providing traders and investors with essential data and ensuring they stay ahead of the dynamic market. Consumer Price Index | US (10Continue Reading
Leverage Adjustment Notice – May 05, 2023
Written on May 5, 2023 at 9:24 am, by anakin
Dear Client, In response to the upcoming high market volatility for TRY crosses during the upcoming Turkish election, there will be adjustments for these products on May 08, 2023. Please check the details below: 1.TRY Crosses products leverage will be modified from 50:1 to 5:1 2.These products will be set to close only effective onContinue Reading
Leverage Adjustment Notice – May 05, 2023
Written on May 5, 2023 at 9:16 am, by anakin
Dear Client, In response to the upcoming high market volatility for TRY crosses during the upcoming Turkish election, there will be adjustments for these products on May 08, 2023. Please check the details below: 1.TRY Crosses products leverage will be modified from 50:1 to 5:1 2.These products will be set to close only effective onContinue Reading
