About: anakin
Recent Posts by anakin
Week ahead: Markets to focus on Bank of Japan rate decision and UK, Canada inflation data
This week, the market’s focus will primarily revolve around the Bank of Japan’s rate decision. Investors are eagerly anticipating any statements from the bank’s governor Kazuo Ueda, especially after observing the impact of the strong Japanese Yen arising from a weakening US Dollar. In addition to this, consumer price index (CPI) and gross domestic productContinue Reading
Top 10 countries with the most forex traders
The Forex market’s landscape is constantly evolving, with various countries emerging as key players based on the number of active traders. In 2023, according to data provided by Forex Broker Report, there’s been a significant global distribution of Forex traders. This spread is largely influenced by the intricate dynamics of advanced financial systems and regulatoryContinue Reading
How to Learn Gold Trading: A Beginner’s Guide
Beginner’s Guide to Gold Trading: Strategies, Markets & Factors Influencing Prices Gold, a precious metal, continues to capture the attention of traders seeking diversification and potential profits. If you’re interested in gold trading, it’s important to understand the basics and explore the trading opportunities available. In this article, we’ll explore the fundamentals of gold tradingContinue Reading
Decoding the forex dilemma: Manual trading vs. algorithmic trading
Manual trading vs. algorithmic trading In the fast-paced world of Forex trading, where fortunes can be made or lost in the blink of an eye, the importance of selecting the right trading approach cannot be overstated. Today, over 70% of traders rely on algorithmic trading methods, as revealed by the research report “Predictive Assessment ofContinue Reading
Stock Market Hits Record Highs: Dow Jones, S&P 500, and Nasdaq Surge Amidst Rate Cut Speculation
The stock market soared to record highs as the Dow Jones Industrial Average closed at 37,248.35 points, marking a 0.43% increase, spurred by a drop in the 10-year Treasury note yield. This surge resonated in the S&P 500 and Nasdaq, both climbing upwards. Investor confidence in a potential soft economic landing for 2024 grew, withContinue Reading
