Several countries are experiencing higher inflation than they did 40 years ago. A rise in inflation can be detrimental to society as basic necessities get more expensive. If you ask the financial sector for advice on how to avoid going bankrupt, they will probably suggest investing. The reason is that, by investing, you can even out your wealth and gain profit from inflation, protecting your purchasing power.
One of the methods which is usually done through this follow trend strategy is by waiting the price until it touches a trendline. This is used to execute an order In a forex market.
09:45 China's July Caixin service industry PMI, previous value 54.5, expected value -- , announced value: to be released 14:00 Germany's June seasonally adjusted trade account (100 million euros), previous value -10, expected value -20, announced value: to be released 14:00 Germany's June unadjusted trade account (100 million euros), previous value 5, expected value -- , announced value: to be released 16:30 UK Markit service industry PMI final value in July, previous value 53.3, expected val
U.S. bond yields soar as Fed official says fight against inflation is not over Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence
USD/JPY: The Yen consolidates ahead of an uncertain week
Many people are interested because it’s the most liquid in the world. There are a lot of pairs of exchanges in this market. So, traders should choose the best one. In this market, traders should sell and buy pairs of forex.
eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.
Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence that inflation has peaked before ending the rate hike cycle. U.S. Treasury yiel
The Federal Reserve announced that it’s raising interest rates 0.75 percentage points, following its July 26-27 meeting, bumping the federal funds rate to a target range of 2.25 to 2.50 percent.
U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple AAPL.O and Amazon.com AMZN.O , and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.
Higher interest rates tend to negatively affect earnings and stock prices (with the exception of the financial sector). Higher interest rates also mean future discounted valuations are lower as the discount rate used for future cash flow is higher.
Some years back, Petrol subsidy payments grew by 349.42 per cent from N350 billion in 2019 to N1. 573 trillion in 2021, propelled by the rising price of crude oil in the international market and the falling value of the Naira.
Remember that, regarding gas issues Hungary has discounted the price of gasoline at the pump. But not if you have a foreign license plate. It’s also taxing what it calls “extra profits” of industries including airlines, with carriers like Ryanair and EasyJet increasing ticket prices to cope.
Gold price is extending its winning streak into a fifth trading day on also Commodity indexes have been offering some high returns during the first half of the year despite major sectors tanking. The BCOM index managed to gain around 33% between January and June 2022.
On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement .
The risk of a euro-area recession is growing as the likelihood of natural gas shortages rises and inflation remains at record levels, Annual inflation in the Eurozone in July accelerated to 8.9%, showed a report released on Friday.
Icmarkets is delighted to inform readers about their change in trading hours due to Canadian Citizenship Day & Swiss National Day trading schedule for Monday, August 1, 2022.
A top-down investment strategy known as thematic investing takes advantage of opportunities brought about by macroeconomic, geopolitical, and technological trends.
Countries with free-market economies tend to rely on exchange rates to determine their level of trade with other countries. To prevent the costly mistake of trading currencies inappropriately, it is crucial to be aware of the economic data and how they affect the exchange rate movement. Thus, it is no wonder why the exchange rate is among the most carefully watched, analyzed, and manipulated economic measures.
You are in for a treat if you are a prospective trader in Namibia. From the 29th of July to the 2nd of August, Vault Markets and a number of prosperous traders are touring Namibia.