News-based trading is especially useful for volatile markets, for example oil trading. In order to read news events, you should familiarise yourself https://www.share-talk.com/universal-broker-dotbig-cryptocurrency-trading-opportunities/ with economic indicators​​, which are macroeconomic factors that have an impact on all financial markets, whether it be forex, shares or indices.

• Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime.
• Even the neatest forex or stock chart patterns can temporarily be thrown out of sync by a significant trading announcement, such as the latest unemployment news or changes to interest rates or inflation from a nationwide bank.
• Stock market news that has little or no impact on currencies includes earnings reports, management changes, mergers and acquisitions and partnerships.
• The day is filled with news and events you need to know, and here’re some of them.
• Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month…

This could be a wild week for the USDCAD due to the Bank of Canada’s rate decision on Wednesday. A considerable number of events will make the market volatile. The day is filled with DotBig LTD news and events you need to know, and here’re some of them. But most trends reverse at some point, and a change in the underlying economics could be the first sign of this.

Dollar eases, but inflation outlook stays high on investors’ radar

By Yoruk Bahceli – Central banks are starting to slow aggressive rate rises but are far from done even as recession looms, leaving investors alert to risks that prolonged tightening could hurt https://www.share-talk.com/universal-broker-dotbig-cryptocurrency-trading-opportunities/ the economy more than necessary. Stocks fell on Monday as investors weighed positive GDP data against worries that rising COVID cases in China might disrupt consumption and manufacturing.

Unless you’re already a member and enjoying our service, then just sign in. Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices. Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month… Chances are that Powell and gang stick to the plan and only hike 50bps. However, that’s not to say that they can’t increase rates later if they deem it necessary.

Risk-free trading with virtual funds

Without the proper context, the potential market impact of a breaking news item or scheduled economic event can seem to be a mystery. Understanding the event, which markets will be affected, and how to profit DotBig overview from the action are skills derived from years of experience. That is where the team at FX Leaders comes in ― they have the know-how to recognize which news items are market-movers, and which are simply noise.

Will the January effect add to the stock market’s holiday euphoria? 2021 has rightfully earned its place as one of the best years for the global stock market. On the surface, Forex and cryptocurrency trading look similar, but the history and functioning of these markets are notably different https://finviz.com/forex.ashx — we’ll explain how. The brokerage is owned by Cedar LLC and based in St. Vincent and the Grenadines. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market.