About: anakin
Recent Posts by anakin
Week ahead: All Eyes on RBNZ Rate Statement and FOMC Meeting Minutes
The financial sector is poised to closely monitor significant economic releases this week, with particular attention on RBNZ Rate Statement and FOMC Meeting Minutes. These essential reports play a critical role in guiding traders through the markets and enabling them to make well-informed decisions. Germany, UK and US Flash Manufacturing PMI (23 May) In April Continue Reading
How to trade Copper: A comprehensive guide
What is Copper? Copper is a widely used hard commodity that finds applications in various sectors, including technology, construction, plumbing, and wiring. While it may be less expensive compared to precious metals like silver and gold, copper’s exceptional properties as a conductor of heat and electricity make it an attractive asset for trading. Major copper Continue Reading
How to trade gold: A comprehensive guide
Gold has long been a highly prised precious metal, known for its lustrous appearance, unique properties, and historical use as a form of currency. While many global currencies were once backed by gold under the gold standard, this system was abandoned in the UK in 1931. However, gold continues to hold value as a stable Continue Reading
What are commodities & how do you trade them?
What are commodities? In simple terms, commodities are the raw materials that are harvested, collected, and processed into everyday goods and services used by humans. Unlike stocks or bonds, commodities are physical materials and goods. Trading commodities can be potentially profitable due to their price fluctuations, but they also carry more risk compared to bonds Continue Reading
Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change
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 in Continue Reading
