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Recent Posts by anakin
Market Holds Steady as Debt Ceiling Meeting Looms and Tech Stocks Lead the Way
On Monday, the S&P 500 index experienced minimal change as investors awaited a crucial debt ceiling meeting and officials worked to prevent a default. The index slightly increased by 0.02% to close at 4,192.63, while the Dow Jones Industrial Average fell by 0.42% to end at 33,286.58. In contrast, the Nasdaq Composite rose by 0.5%Continue Reading
How to Trade Oil CFDs: A Comprehensive Guide
The oil and gas industry encompasses different types of oil, such as crude oil, no-lead gasoline, natural gas, and heating oils. Among these, crude oil remains the largest and most widely traded sector, sourced from various points of origin worldwide. Due to its extensive trading volume and diverse sources, crude oil is susceptible to geographic,Continue Reading
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 AprilContinue 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 copperContinue 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 stableContinue Reading
