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The Peak of Monetary Tightening Has Not Been Reached Yet

Market News Summary A U.S. official revealed on Sunday that President Joe Biden will urge Beijing to restore military relations during the upcoming summit with Chinese counterpart Xi Jinping. Moody’s Investor Services lowered its outlook for the U.S. credit rating from stable to negative, emphasizing on Friday the “very large” financial deficit in America andContinue Reading
Written on November 13, 2023 at 10:21 am
Categories: News Technical Analysis
The Gold at Its Lowest Levels in Weeks Waned Due to Easing Tensions in the Middle East

Market News Summary Consumer prices contracted in China last month as the country, the world’s second-largest economy, grapples with a varied recovery from the COVID-19 pandemic. According to data from the National Bureau of Statistics released on Thursday, the Consumer Price Index shrank by about 0.2% in October on a yearly basis, surpassing expectations ofContinue Reading
Written on November 9, 2023 at 1:02 pm
Categories: News Technical Analysis
What Is Oil Trading and Its Significance?

What constitutes the value of oil? Oil presents substantial opportunities in the financial world. This commodity, often referred to as “black gold” in some contexts, is undeniably in high demand. Its recent value surge cannot be overstated. Nowadays, oil is an indispensable element in various aspects of our lives, from transportation and heating to manufacturingContinue Reading
Written on November 9, 2023 at 8:38 am
Categories: Knowledge Basics
Oil and Gold Prices Experience Declines Amid Economic Uncertainty

Market News Summary Portuguese stocks sharply declined on Tuesday, marking the worst performance on the broader European index following the resignation of Prime Minister António Costa due to an investigation into alleged irregularities concerning lithium and hydrogen mining projects in the country. The Portuguese index dropped by 2.5%, with Mota-Engil’s stock falling by 5.6%, leadingContinue Reading
Written on November 8, 2023 at 12:15 pm
Categories: News Technical Analysis
The Advantages and Risks of CFD Trading: What You Need to Know

What is a CFD in Trading? What is a CFD in Trading? A Contract for Difference (CFD) stands as a financial derivative enabling traders to seize trading opportunities on various asset price movements without owning the underlying asset. It essentially constitutes a contract between a trader and a broker, operating on the difference in anContinue Reading
Written on November 7, 2023 at 12:28 pm
Categories: Knowledge Basics
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