Monthly Archives: October 2023
Week ahead: Markets to focus on FOMC and BOE rate statements, and US Jobs Report
Written on October 30, 2023 at 3:08 am, by anakin
This week, traders are primarily focused on the rate decisions of major central banks, such as the Federal Reserve and Bank of England. Alongside these, the US Jobs Report is slated for release, serving as a critical indicator for the US’ economic health. Traders and investors are advised to be cautious, as these events could Continue Reading
Week Ahead: All Eyes on BOC Rate Statement and ECB Rate Statement
Written on October 23, 2023 at 4:06 am, by anakin
Several key events are expected to influence the financial markets this week, including interest rate decisions from the Bank of Canada (BOC) and the European Central Bank (ECB). In light of this, we recommend traders to exercise caution in their trading preparations, keeping in mind the potential for increased market volatility. Here are some key Continue Reading
Demystifying Japanese Candlesticks: A Beginner’s Guide
Written on October 18, 2023 at 9:46 am, by anakin
The story of Japanese candlesticks unfolds in 18th century Japan, a time when rice trading was a pivotal economic activity. Merchants and traders required a reliable method to analyse and predict price movements of rice, a commodity of immense importance. This necessity led to the development of what we now know as Japanese candlesticks. Japanese Continue Reading
How to trade silver: A comprehensive guide
Written on October 17, 2023 at 12:06 pm, by anakin
Silver, often referred to as the “poor man’s gold,” has captivated traders and investors for centuries due to its unique characteristics and historical significance. Recently, it has gained attention as an alternative investment, aligning with the growing interest in precious metals amid economic uncertainties and inflation concerns, highlighting its potential as a viable trading option. Continue Reading
VT Markets joins forces with Maserati MSG Racing for Formula E’s 10th season
Written on October 16, 2023 at 10:07 am, by anakin
Maserati MSG Racing and VT Markets announce new partnership in Formula E Two Giants Unite As Season 10 of the FIA Formula E World Championship fast-approaches, Maserati MSG Racing is proud to announce a multi-year global partnership with VT Markets, a leading online broker in the financial space. Marking one of the first collaborations of Continue Reading
Week Ahead: Markets to Focus on US Retail Sales and CPI for New Zealand, UK, and Canada
Written on October 16, 2023 at 2:57 am, by anakin
Traders should keep a close eye on US retail sales and the Consumer Price Index (CPI) reports from New Zealand, Canada, and the UK this week, as these updates could have a substantial influence on the market. Exercise caution and stay up to date with the latest developments to ensure a successful week of trading. Continue Reading
History of gold: From ancient cultures to modern economies
Written on October 10, 2023 at 3:57 pm, by anakin
Gold, often referred to as the “King of Metals,” has consistently held a paramount position in the world’s economic landscape, transcending mere aesthetics and luxury. A prime example underscoring gold’s critical role in the global economy lies in the significant gold reserves central banks maintain. These financial linchpins of nations uphold these reserves as a Continue Reading
Chart Indicators: Data-driven forex trading
Written on October 9, 2023 at 6:07 am, by anakin
In the not-so-distant past, Forex trading was primarily driven by intuition, market experience, and fundamental analysis. However, the introduction of Forex chart indicators revolutionised the landscape, providing traders with a powerful analytical tool that transformed decision-making. Forex chart indicators brought a scientific approach to trading, enabling traders to objectively analyse historical price data and predict Continue Reading
Week Ahead: All Eyes on US PPI and US CPI
Written on October 9, 2023 at 3:55 am, by anakin
Several significant market developments are expected to impact the financial markets this week. In particular, we await the release of the US Consumer Price Index (CPI) and Producer Price Index (PPI). Given the potential impact of these announcements, we strongly recommend traders to exercise caution in their trading preparations, taking into account the possibility of Continue Reading
Inside the oil market: Global impact, main players, and investment opportunities
Written on October 4, 2023 at 4:50 am, by anakin
The global oil market is a behemoth in the world of finance and economics, wielding significant influence over numerous sectors and individual lives. In 2022, the world maintained an average production of approximately 80.75 million barrels of oil every day, which includes condensates. This translates to an annual crude oil production of about 29.5 billion Continue Reading
