Congratulations, we’ve made it through 2020! This eventful year is almost over. Let’s take a moment to look back and recall its key events.
It’s difficult to
even start to comprehend how much this expiring year has changed our lives. We
are all wearing masks and washing our hands several times a day now. If someone
told us back in 2019, that we wouldn’t be able to travel or even leave our house,
we would laugh in their face. But we did face the lockdown and spent several
months self-distancing, in isolation.
But apart from the
much-hyped coronavirus, what other key events are worth considering? We believe
that there were more…
The forex market is the world’s most liquid market with an average daily turnover of over $6 trillion. But it wasn’t always so lucrative. Twenty years ago the bar for entering the global forex market was high. Trading was expensive, complex, and inconvenient. Trading platforms were mostly the dominion of established banks and large financial institutions.
Over the past two decades, the industry’s grown dramatically by developing innovative technologies, adapting to changes in regulatory requirements, and adopting more user-friendly platforms that have forever changed the way people trade.
We’ll take a closer look at how the forex
industry has evolved over the past twenty more…
Trading the financial markets has been a man’s
dominion for a long time. In fact, when
we think of a ‘Trader’ the word conjures up an image of a man, Type-A, sharply
suited, overly confident, and engaging in cut-throat competition. It’s how we
see traders because movies have imprinted this version of the trader in our
minds; from Leonardo DiCaprio as Jordan Belfort in Martin Scorsese’s Wolf of
Wall Street to Michael Douglas as Gordon Gekko in Oliver Stone’s Wall
Street. But times are changing, and
reality often differs from Hollywood.
Women and Trading, Trending Upward
Non Traders would
be surprised to see that most traders are in fact at home and more…
Gold, silver and copper have been soaring since March lows, and they posted new cycle highs in August. They’ve seen consolidated, and metals have been trading in shor-term bearish trends and consolidative formations.
the fundamental situation remains bullish for precious
metals. Why? Major
central banks are about to introduce more easing, with the Reserve
Bank of Australia (RBA) and the Bank of England (BoE) having announce
more Quantitative Easing (QE) in November, while the European Central
Bank (ECB) is expected to increase its bond-buying program at the
Federal Reserve (Fed) is also expected to act following Fed Chair
Jerome Powell urging congress to provide more more…
It has been a bad week for worldwide stocks, and most major indices are down by around 5% for the week, with further losses expected over the next days.
But don’t blame it all on the election. Yes, there is some uncertainty building up, especially if Joe Biden wins, but the odds are that each candidate has narrowed to 50/50. Biden’s recently revealed corruption scandal is hurting him, while Trump continues to attract huge crowds in his rallies.
As many keep saying stocks only go up in the long-term, no matter what party reigns or who the president is.
Worse than the election, are COVID-19 more…