Economic Calendar There is no more major news for this week, however market volatility may remain high as investors look to flat their positions heading into the weekend. Important Headlines OPEC+ is scheduled to meet on 31st March and they may decide to stick with their production plan amid decade-high oil prices and tight supplies. […]
Markets are going crazy right now as volatility increases twofold since the beginning of the year, based on the Volatility Index (VIX). Heightened volatility can be risky, but it also brings forth plenty of lucrative trading opportunities. The featured trade idea for the day is a death-cross on the SP500. A death cross refers to […]
Upcoming trading holidays for Martin Luther King Day (U.S.), Australia Day, and Lunar New Year’s Eve (China).
Bitcoin has historically had an uptrend in December. With the already massive 98% gain year-to-date, will we see yet another uptrend in December 2021? Let’s address the chunky elephant before we start — Bitcoin is down about 13% from its highs of $68,521. We’re at the level some finance guys would even consider it a […]
The risk-on mood extends for the second straight day this Tuesday, as most Asian stock markets are rallying, in anticipation of the ECB and BOC monetary policy decision. Meanwhile, a likely delay in the Fed’s tapering plan and hopes of more stimulus from China keep investors cheerful. Prevailing an upbeat mood weighs on the US […]
Dear Client,Find below the upcoming trading holidays for Labor Day (06/09/21), Day Following Mid-autumn Festival (21/09/21 – 23/09/21) and Chinese National Day (30/09/21).
OverviewIn recent months, there has been significant proliferation of affordable, reliable, fast internet acrossthe African continent, resulting in a remarkable increase in the rate of forex trading in mostcountries.However, it is not surprising that widespread internet access would result in businesspeople,entrepreneurs, and others finding new ways to grow their wealth online, but Africa has a […]
The greenback ended the day with modest gains against most major rivals. Geopolitical tensions in Afghanistan and comments from US Federal Reserve Robert Kaplan, who said that September would be the time to outline tapering and start it in October, were behind the slump. James Bullard, another member of the central bank, also made comments in the same direction. […]
