May 18 2023 🕓 5 min
Are we in a recession? The answer may surprise you
People may panic when the times are bad, but things like a long-term strategy and cash on hand can prevent people from behaving irrationally.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
February 15 2023 🕓 3 min
US dollar gains over fears of Fed hiking, Wall Street reverses losses
Traders continue to choose US dollar as a safe haven currency after new fears of rate hikes emerged from the inflation report.
★ Premium This content is only available for registered users - sign up for free now February 15 2023 🕓 8 min
Understanding the market cycles: the key to successful investing
Unlock investment success by discovering key indicators and strategies for navigating market cycles in this informative article.
February 14 2023 🕓 3 min
US inflation slows down – but the expectation was not met
Markets react to the fresh CPI data with volatility. Fed hints hikes for longer, even possible higher terminal rate to bring the inflation down to 2%.
February 13 2023 🕓 3 min
Volatility grows as traders await fresh inflation data
Wall street edged higher ahead of inflation data on Monday. Volatility is starting to brew as traders weigh possible hikes.
February 12 2023 🕓 5 min
Are you thinking about becoming a trader? Think again!
Trading sounds as an easy and fun job that everyone can manage. But the contrary is true. What are some characteristics that the trader must have?
February 10 2023 🕓 3 min
Markets close the week flat, struggling for direction
Wall Street ends the week flat. Dollar is the only performer Friday as traders struggle for direction.
February 9 2023 🕓 3 min
Wall Street continues to close with a decline
Wall Street continued the red sentiment on Thursday as Alphabet dragged stocks lower. Dollar gained slightly pulling commodities lower.
February 8 2023 🕓 3 min
Wall Street hurt by big tech – Alphabet leads the sell off
Wall Street takes a hit after Google (Alphabet) sells massively. Oil rises slowly regaining last week's losses.
February 7 2023 🕓 3 min
Fed’s Powell speech fuels Tuesday’s trading – disinflation action?
Jerome Powell, the president of Fed, commented on the Central Bank's decision to hike 25 points last week. Still, a few hikes are expected.
February 3 2023 🕓 3 min
US week close had a volatile spirit – intense trading on jobs data
Latest jobs data from the United States helped the US dollar rally. Markets enjoyed a volatile close of the week.
February 3 2023 🕓 1 min
Central banks hiked rates – what are they doing?
The main three events of this week were the central bank monetary policy decision, causing sharp movements in the markets.
February 2 2023 🕓 3 min
Tech rallies with Q4 results, ECB and BoE boosted the dollar
Q4 results send tech stock flying with mega cap companies bagging massive gains. Dollar rebounded after ECB and BoE hike by 50bps.