Monthly Archives: May 2023
VT Markets Makes LATAM Breakthrough With Record Number of New Trading Accounts
Written on May 30, 2023 at 5:16 am, by anakin
Sydney, Australia, 29 May 2023 – VT Markets, a leading online broker, today announced a record number of new trading accounts secured within the LATAM region. Following its formal entry into Latin America last year, the company has seen a rapid growth in regional clients, reflecting both the LATAM market’s burgeoning potential and the success of Continue Reading
Week Ahead: Markets to Focus on US Jobs Report and Canada Gross Domestic Product
Written on May 29, 2023 at 2:00 am, by anakin
This week’s key economic indicators, including the US Jobs Report and Canada’s Gross Domestic Product, are in the spotlight for the financial sector. These fundamental reports are crucial for traders to navigate the markets and make informed decisions. Stay tuned for the latest updates. Australia Consumer Price Index (31 May 2023) The monthly Consumer Price Continue Reading
How to trade oil CFDs: A comprehensive guide
Written on May 22, 2023 at 9:54 am, by anakin
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
Written on May 22, 2023 at 1:21 am, by anakin
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
Written on May 19, 2023 at 9:03 am, by anakin
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
Written on May 19, 2023 at 8:15 am, by anakin
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?
Written on May 19, 2023 at 7:38 am, by anakin
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
Written on May 15, 2023 at 2:11 am, by anakin
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
When to trade forex: Is there a best time?
Written on May 12, 2023 at 8:34 am, by anakin
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. The Continue Reading
How to trade forex: A beginner’s guide
Written on May 11, 2023 at 11:58 am, by anakin
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 in Continue Reading
