User blogs
Social media and social networks may not be new anymore, but they are still a fast growing industry. According to analyses, around 4 billion people worldwide now use social media and further growth is expected in the next few years. In addition to the well-known names in the industry, young companies also repeatedly create new opportunities to network and thus offer interesting investment opportunities for investors. In this article, we will introduce you to a selection of social media stocks.To get more news about captrader review, you can visit wikifx.com official website.
When talking about social networks, Facebook is one of the first companies that comes to mind. With around 2.5 billion monthly active users, Facebook is still the largest social media platform in the world. The company enables users to connect via cell phones, computers and other devices. On Facebook, users can share opinions, photos and activities online and communicate with one another. Continuing pressure from politicians and regulatory authorities has caused the company some struggles lately; However, Facebook is still ideally positioned to benefit from the ongoing industry trend. The company name was recently changed from Facebook to Meta Platforms and the stocks have been trading under the new name ever since. In addition to Facebook, Instagram, Messenger and WhatsApp belong to Meta Platforms.
Searching for a partner via internet has been a trend that has been going on for many years. The Match Group operates Tinder, the world's most downloaded dating app. In addition, it appeals to additional target groups with other dating apps (OkCupid and Hinge). The company is headquartered in Dallas, Texas, and has had strong sales growth for years. Compared to other large social media companies, Match has a unique business model. It gets most of its revenue from subscriptions paid for directly by users rather than advertising. With the spread of online dating, especially in emerging markets, Match continues to forecast strong revenue growth. In the summer of 2021, the company completed the acquisition of the South Korea-based social and video platform Hyperconnect for $ 1.725 billion.
Baidu is a Chinese multinational company founded in 2000 and headquartered in Beijing. Via the search engine baidu.com and mobile devices, Baidu connects users with relevant online information such as websites, news, images and documents. The website is one of the most viewed websites in the world. In addition, Baidu offers other services such as Baidu Knows, an online community in which users can ask other users questions, Baidu Wiki, Baidu Healthcare Wiki, Baidu Wenku, Baidu Scholar, Baidu Experience, Baidu Post, Baidu Maps and some more.
Pinterest is a social media platform where users mainly share photos. Unlike other social media platforms, Pinterest users are much more receptive to advertising, which balances the company's success with user satisfaction. This alignment has resulted in strong sales growth in the last few quarters. Pinterest's greatest opportunity for growth is in international markets. The company already has close to 100 million monthly active users in the US and international monthly users are also increasing.
Etsy is a company that combines e-commerce and social media. The platform etsy.com specializes, in particular, in vintage and handmade goods. It is also an online discovery platform where buyers can get in direct contact with sellers and artists. For this purpose, Etsy provides various tools for communication on its platform. With more than 7.5 million sellers and approximately 100 million active buyers, Etsy is one of the largest e-commerce platforms with a social focus. In part, Etsy grew through acquisitions. The company owns the vintage music equipment and reseller website Reverb and recently acquired Depop, the used clothing marketplace that has tens of millions of users worldwide.
A few short years ago, trading used to be a manual and highly tedious process. Those days are, of course, long gone. With the rapid increase in easy-to-use platforms and the availability of multiple resources to guide retailers, including the vast influence of social media, today, we live in times where investing has become the norm. In recent times, the world witnessed the onset of the covid-19 pandemic, which changed the trajectory of investing at large.During the pandemic, more people seem to switch their interest in trading the financial markets. A study by Bloomberg Intelligence revealed that the market volume of retail trading for the year went up 20%, surpassing both banks and hedge funds.To get more news about axicorp, you can visit wikifx.com official website.
The Spike – What’s Behind It?
Online trading came on its own after 2010 due to automated software, user-friendly charting tools, and advanced interfaces. When it comes to investing, CAPEX, one of the leading global brokers, operated by Key Way Markets Ltd in the MENA region, always believes in the strength of knowledge. In doing so, CAPEX is changing the way retail traders in the Middle East invest, while making online trading more accessible, transparent, and secure in the region.
CAPEX offers advanced and intuitive trading platforms, plus 0 – commission based leveraged products such as StoX, for more suitable trading conditions. Consequently, the markets witnessed huge interest from retail investors; mostly interested in crypto trading that have seen a boost in prices, as well as trading new companies going public with IPOs.
Access to information is another reason why online trading is progressing by leaps and bounds. Through CAPEX Academy, the team is educating new investors and helping them form a comprehensive understanding of the multitude of factors that affect the market, thus equipping them with the knowledge they need to make better-informed trading decisions. With so many events taking place and the markets changing every day, the more knowledge an investor has about factors affecting market positions, the more empowered they will become as investors.
Recent Triggers
Certain events can trigger price fluctuations and momentum swings in the market. Another influential factor contributing to shifts in market positions is market sentiment, and in the recent past, we have witnessed many triggers that have created massive waves.
During the first quarter of this year, a new phenomenon emerged in the market, driven by retail investors active on the social platform Reddit, under the subreddit known as r\WallStreetBets. It involved buying shares that large institutional funds, hedge funds, were selling in short positions to reverse this downward movement and force institutional funds to close their positions with losses.
As a result, GameStop experienced a massive increase of 1500%, and AMC witnessed similar growth. The subreddit r\WallStreetsBets adopted a mass position that was considered anti-system. The funds were accused of unethical behaviour, putting pressure on companies that would be forced to go bankrupt.
On the other hand, there was a great controversy about whether the r\WallStreetBets practice would be constituted as market manipulation and was the subject of an investigation by regulators. In the end, there weren’t any significant legal consequences, and the result was considered satisfactory for r\WallStreetBets since these stocks, although off the recent highs, have remained in the upper part, with average gains between 600% and 800% from the starting levels.
The ease of communication provided by social media and current technology with online trading instruments has empowered retail traders who have escalated through the investor ranks. In the future, the difference between solid hands and soft hands in the market, which has always existed in the market until now, will decrease. When it comes to assessing and analyzing the markets, the opinions of retail traders who are gaining ground will have to be considered.
Another significant growth trend that started last year and is expected to grow strongly is the intense buzz about Bitcoin and cryptocurrencies. While discussing cryptos, the topic will seem incomplete without the mention of Elon Musk. The move by him and other tech companies towards Bitcoin pushed the cryptocurrency into unprecedented territory. The markets saw this disruption coming for more than five years. Still, it is not specifically about the so-called cryptocurrencies but the technology that supports the blockchain. The technology development activity in the cryptocurrency sector has grown more than 530% in the last five years.
This indicates why companies are constantly and increasingly investing in research and development in this sector. Inventions in this area cover tracking activities, finance, mobile wallets, and e-commerce. Cryptocurrency, tokenization, and most importantly, blockchain technologies are becoming increasingly common in networking and computing applications, security, industrial applications, and securities.
Since cryptocurrency was expected to transform the way everyone does business, significant changes are already underway, for example, in the banking sector. Given the very special characteristics of these digital assets, due to their security, their usability and their limited offer in addition to the technology that supports them, it is foreseeable that the positive performance witnessed in recent months is bound to continue with the rise of information and retail traders.
A few short years ago, trading used to be a manual and highly tedious process. Those days are, of course, long gone. With the rapid increase in easy-to-use platforms and the availability of multiple resources to guide retailers, including the vast influence of social media, today, we live in times where investing has become the norm. In recent times, the world witnessed the onset of the covid-19 pandemic, which changed the trajectory of investing at large.During the pandemic, more people seem to switch their interest in trading the financial markets. A study by Bloomberg Intelligence revealed that the market volume of retail trading for the year went up 20%, surpassing both banks and hedge funds.To get more news about vt247, you can visit wikifx.com official website.
The Spike – What’s Behind It?
Online trading came on its own after 2010 due to automated software, user-friendly charting tools, and advanced interfaces. When it comes to investing, CAPEX, one of the leading global brokers, operated by Key Way Markets Ltd in the MENA region, always believes in the strength of knowledge. In doing so, CAPEX is changing the way retail traders in the Middle East invest, while making online trading more accessible, transparent, and secure in the region.
CAPEX offers advanced and intuitive trading platforms, plus 0 – commission based leveraged products such as StoX, for more suitable trading conditions. Consequently, the markets witnessed huge interest from retail investors; mostly interested in crypto trading that have seen a boost in prices, as well as trading new companies going public with IPOs.
Access to information is another reason why online trading is progressing by leaps and bounds. Through CAPEX Academy, the team is educating new investors and helping them form a comprehensive understanding of the multitude of factors that affect the market, thus equipping them with the knowledge they need to make better-informed trading decisions. With so many events taking place and the markets changing every day, the more knowledge an investor has about factors affecting market positions, the more empowered they will become as investors.
Certain events can trigger price fluctuations and momentum swings in the market. Another influential factor contributing to shifts in market positions is market sentiment, and in the recent past, we have witnessed many triggers that have created massive waves.
During the first quarter of this year, a new phenomenon emerged in the market, driven by retail investors active on the social platform Reddit, under the subreddit known as r\WallStreetBets. It involved buying shares that large institutional funds, hedge funds, were selling in short positions to reverse this downward movement and force institutional funds to close their positions with losses.
As a result, GameStop experienced a massive increase of 1500%, and AMC witnessed similar growth. The subreddit r\WallStreetsBets adopted a mass position that was considered anti-system. The funds were accused of unethical behaviour, putting pressure on companies that would be forced to go bankrupt.
On the other hand, there was a great controversy about whether the r\WallStreetBets practice would be constituted as market manipulation and was the subject of an investigation by regulators. In the end, there weren’t any significant legal consequences, and the result was considered satisfactory for r\WallStreetBets since these stocks, although off the recent highs, have remained in the upper part, with average gains between 600% and 800% from the starting levels.
The ease of communication provided by social media and current technology with online trading instruments has empowered retail traders who have escalated through the investor ranks. In the future, the difference between solid hands and soft hands in the market, which has always existed in the market until now, will decrease. When it comes to assessing and analyzing the markets, the opinions of retail traders who are gaining ground will have to be considered.
Another significant growth trend that started last year and is expected to grow strongly is the intense buzz about Bitcoin and cryptocurrencies. While discussing cryptos, the topic will seem incomplete without the mention of Elon Musk. The move by him and other tech companies towards Bitcoin pushed the cryptocurrency into unprecedented territory. The markets saw this disruption coming for more than five years. Still, it is not specifically about the so-called cryptocurrencies but the technology that supports the blockchain. The technology development activity in the cryptocurrency sector has grown more than 530% in the last five years.
This indicates why companies are constantly and increasingly investing in research and development in this sector. Inventions in this area cover tracking activities, finance, mobile wallets, and e-commerce. Cryptocurrency, tokenization, and most importantly, blockchain technologies are becoming increasingly common in networking and computing applications, security, industrial applications, and securities.
Since cryptocurrency was expected to transform the way everyone does business, significant changes are already underway, for example, in the banking sector. Given the very special characteristics of these digital assets, due to their security, their usability and their limited offer in addition to the technology that supports them, it is foreseeable that the positive performance witnessed in recent months is bound to continue with the rise of information and retail traders.
The Russian President, Vladimir Putin, signed a decree on Monday recognising the independence of the two separatist regions Donetsk and Luhansk in eastern Ukraine. Immediately afterward he ordered Russian troops into these regions, in a ‘peacekeeping’ mission as he declared, violating Ukraine’s sovereignty. To get more news about topfx alternative, you can visit wikifx.com official website.
On Thursday, Russian forces launched a full-scale invasion of Ukraine, with Russian missiles raining down on Ukrainian cities, and explosions were heard even in Kyiv. The attack was wide-ranged, taking place by land, air, and sea, and was reported as the biggest attack by one state against another in Europe since World War II. Dozens were reportedly killed in Ukraine, including civilians, in an assault that the Russian President has described as a “special military operation”.
Chief of NATO Jens Stoltenberg, stated that Russia’s “brutal act of war” shattered peace in Europe, and NATO has positioned additional US troops to the Baltic nations bordering Russia. Leaders across the world have condemned Russia’s actions and are moving towards imposing severe sanctions against Russia. Australia, Canada, and Japan have announced sanctions against Russia, targeting Russian banks and oligarchs. Britain has moved to sanction Russian individuals and banking institutions in the UK and the UK PM Boris Johnson vowed on Thursday to impose massive sanctions against Russia and even stated that Vladimir Putin may face charges for war crimes.
The US President, Joe Biden, announced on Tuesday the "first tranche" of measures against Russia, which aim to deliver a hard blow on the country’s economy, including sanctions on Russia's sovereign debt so that the country can no longer raise money for its state financing. Biden, speaking from the White House on Thursday, unveiled harsh new sanctions against Russia that would "impose a severe cost on the Russian economy, both immediately and over time."
The EU foreign policy chief Josep Borrell stated that EU members states have unanimously agreed upon a package of new sanctions against Russia. More importantly, Germany has suspended the approval of the Nord Stream 2 pipeline, a move that may cause an energy crisis in Europe, which depends on Russia for approximately 40% of its gas and send the prices of energy-related assets even higher.
The EU has announced further sanctions, targeting Russia’s defense minister and military chiefs and imposing visa bans and freezing assets of high-ranking Russian officials. European Commission chief Ursula von der Leyen stated that the EU is planning new sanctions against Russia, that will target strategic sectors of the Russian economy, blocking access to technologies and markets and crippling it's economy.
Russia has threatened to retaliate against EU sanctions, and it is likely that the EU, which relies on Russia for key imports, will pay a heavy price. The price of gold, oil, and other key commodities such as corn and wheat is already climbing and prices are expected to climb further as the crisis unfolds, contributing to rising inflation rates in the Eurozone.
Safe-haven currencies, such as the dollar and the Yen, have climbed the past few days, as the crisis that has been brewing for months between Russia and Ukraine escalates. The Russian stock market and the Rubble have plummeted to historic lows, in the wake of the invasion of Ukraine. Global stock markets crashed to multi-month lows early on Thursday, but recovered later in the day, as markets absorbed news of the escalation of the crisis in Ukraine.
Mounting tensions between Russia and Ukraine at the end of last week turned investors’ attention towards safe heaven currencies, boosting the dollar and the Yen, while the Euro retreated.To get more news about topfx reviews, you can visit wikifx.com official website.
Hopes for a diplomatic resolution to the issue were diminished on Monday, as Vladimir Putin signed a decree recognising the independence of the two separatist regions Donetsk and Luhansk in eastern Ukraine. Immediately afterward, he ordered Russian troops into these regions, in a ‘peacekeeping’ mission as he stated, violating Ukraine’s sovereignty and effectively launching an invasion against Ukraine.
The US President announced on Tuesday the "first tranche" of measures against Russia, which aim to deliver a hard blow on the country’s economy, including sanctions on Russia's foreign debt so that the country can no longer raise money for its state financing. Australia, Canada, and Japan have also announced sanctions against Russia, targeting Russian banks and oligarchs, while NATO has positioned additional US troops to the Baltic nations bordering Russia.
The EU foreign policy chief Josep Borrell stated that EU members states have unanimously agreed upon a package of new sanctions against Russia. More importantly, Germany has suspended the approval of the Nord Stream 2 pipeline, a move that may cause an energy crisis in Europe, which depends on Russia for approximately 40% of its gas and send the prices of energy-related assets even higher. Britain has moved to sanction Russian individuals and banking institutions in the UK, while it is reported that further sanctions are on the table.
Safe-haven currencies, such as the dollar and the Yen, are expected to benefit from these recent developments as demand for safer assets grows. However, Russia’s move against Ukraine has been anticipated for some time now and may have largely been priced in by markets. Further developments are expected though and may cause high market volatility in the coming weeks.
US Flash Manufacturing PMI, Flash Services PMI, and CB Consumer Confidence data were released on Tuesday and were mostly positive for the US economy. These are leading indicators of economic health and provide support for the dollar, as signs of economic recovery may steer the Fed’s monetary policy towards a more hawkish direction.
Rising inflation rates in the US support the dollar, amidst expectations that the Federal Reserve might tighten its monetary policy to tackle inflation. Monthly Retail and Core Retail Sales released last week were higher than expected, indicating that the US economy is moving in a positive direction, also fuelling expectations of a sharp increase in the Fed’s interest rates.
The Federal Reserve has so far indicated that it will tighten its monetary policy to fight soaring inflation rates in the US. It is not clear, however, to what extent the US Central Bank intends to increase its interest rates, and there is wide speculation on the subject, causing uncertainty and market volatility. A series of rate hikes have already been priced in by the markets, with many investors predicting a sharp benchmark interest raise of 50 base points in March.
The dollar index climbed higher on Wednesday, reaching 96.2, boosted by positive economic data and rising geopolitical tensions. The dollar is considered a safe-haven currency and rises when a risk-aversion sentiment prevails, as investors turn towards safer assets.
Several economic and inflation indicators for the dollar will be released on Thursday, including Quarterly Preliminary GDP, Unemployment Claims, US Crude Oil Inventories. These may cause volatility for the dollar, since economic, inflation, and employment data may influence the Fed’s future monetary policy. In addition, important inflation indicators are the Core PCE data, which is scheduled to be released on February 25th. The next meeting of the US Central Bank in March is drawing near and indicators of inflation are expected to affect the Fed’s decision to raise its benchmark interest rate.
Empires X is an online investment platform. It will allow you to invest money into real estate, some non-specified private investments and a trading bot (Ex Bot, Bin Bot).To get more news about empiresx, you can visit wikifx.com official website.
The main selling point seems to be the trading robot that trades Nasdaq and will allegedly generate you a return on your investment up to 1% daily.
There is also a very generous affiliate program that can earn you additional revenue across 20 levels. You will earn a portion of what people under you invest.
The EXB robot costs $400 per year and it is the initial investment that everyone has to make in order to become an investor. If you want to be just an affiliate, your minimum initial investment will be $200.
Unfortunately there is no doubt that EmpiresX is actually a scam that will just run for a limited period of time and then disappear with all the money left in the system. In this review we explain why.
The basics
We have to repeat ourselves in almost every scam review we make: When you see an anonymous trading robot that is supposed to make you 1% daily in financial markets, you can be pretty much sure that it is a scam. It really is that simple.
It is because financial markets are largely unpredictable and prices of different assets don’t always move the same way, with the same magnitude. Every experienced trader will tell you that it is absolutely impossible to have a steady daily return on financial markets. You have to accept this fact.
Financial trading is a game of probabilities and risk management. Sometimes you earn, sometimes you lose, the goal is to make your profits bigger than your losses. It is a very difficult task and the majority of people fails in this.
Legit investment offers will provide you with proofs about their performance, there will be mandatory regulatory information, audited results etc. EmpiresX provides nothing to back up their claims.Empires X is providing investment services. As we have already explained in this review, besides the trading robot there is also real estate investing and some other non-specific investing.
These activities are regulated in most countries. This means that EmpiresX needs authorizations from financial regulators in every country they want to have members/investors in.
So, is EmpiresX regulated as required by the law? No, it is not. In fact, it is a completely anonymous enterprise. The only contact information they provide on their website is an e-mail address, that’s it. Doesn’t look very trustworthy, does it?
The fact that people who run EmpiresX are hiding and breaking the law by not being regulated tells a lot. It is a scam that you have to avoid.It is obvious that EmpiresX is a huge pyramid scheme, a Ponzi scam that will try to run as long as deposits are flowing in. But this type of scam scheme always runs out of steam and collapses.
It is just inevitable due to the nature of the scheme, where money is just moved from newer to older members. So if Empires X is paying at all, expect it to stop and it can happen any time. Then the end will be quick a money will disappear.
Since all the payments to EmpiresX are made in cryptocurrencies like bitcoin, nobody will be able to get their money back and to trace the scammers who took it.
Orders are sometimes filled away from the desired price due to gaps in the market. This occurs because currency prices can sometimes be very volatile, or liquidity can be thin. In these scenarios, orders cannot always be filled at the exact price, but the next available price.To get more news about t4t capital, you can visit wikifx.com official website.
The limits are in place to protect our capital and to protect your profits from the week before. This stops you risking all your profits should you have a bad week. These are hard account/equity balance levels that cannot be broken. They remain static for the duration of the Assessment phase.
If you Breach any Limits your account will require a reset to continue with the opportunity to become a funded trader with T4TCapital.The Weekly Loss Limit Level is 2% of the initial Account Starting Balance. It remains static at this amount for the duration of the Assessment. This provides you with a static equity balance for the week that you cannot go below.
The is the safety net for our Capital. It is calculated by taking 4% of the starting account size, in this case $100,000 and subtracting the 4% or $4,000 to obtain a Maximum Drawdown Level of $96,000.
Should you make a profit during the first week the $4,000 trails (your highest account balance) just like a trailing stop on a trade until the level hits the account start balance, where it then remains static at that level for the life of the account.
For example, if you reach an account balance of $104,000 the Max Drawdown becomes $100,000 at this point it never moves. If you then increased your account balance to $106,000 the Max Drawdown remains static at $100,000.
The rules cover all account sizes and are industry standard rules. When we mean industry standard we mean professional trading rules employed by the financial institutions such as the banks, hedge funds and mutual funds. These trading rules are managed by our trading server at T4TCapital.
If you breach one of these trading rules, your account will not require a reset, instead the trade that you placed that breaches a rule will be automatically closed at market. You will more than likely incur a small loss due to transaction fees. Think of it as a penalty for breaking the rules!
Rule 1 – A Valid Stop Loss Must Be Attached to Every Trade When it is Opened
You cannot open a position and then add a stop loss afterwards. The stop loss must be a pending order attached the entry position.
To be VALID your Stop Loss must be within your available limits. If your Weekly Loss Limit is $2,000, you cannot open a position with a Stop Loss that if triggered the loss will exceed $2,000.
You can use any trading methodology you wish and you can even use robots or EA’s however you are responsible for ensuring they have a Valid Stop Loss attached when the position is opened.
Rule 2 – All Trades Will be Closed Automatically by T4TCapital on Friday @7PM GMT.
This is a very basic rule. All trades either open or pending will be closed automatically by T4TCapital on Friday at 7PM GMT.
Over the last few years with the numerous geopolitical issues, gapping on the Monday open has been commonplace. It is an unnecessary risk to have trades open over the weekend when the market is closed.
If you want a long term trade then simply exit the trade on Friday and enter back into the trade on Monday at the same (or close ) to the same price.
ICM.com is an international online Foreign Exchange (FOREX) and CFD trading firm that operates globally, much like Scuderia AlphaTauri who are set to compete in 23 races during the 2021 Formula 1 season. The new relationship, which will begin at the iconic Monaco Grand Prix, is the first year of an exciting venture for the two outfits that wish to continue to develop a strong partnership for many years to come.To get more news about icm capital review, you can visit wikifx.com official website.
The partnership with Scuderia AlphaTauri will accelerate the global brand awareness strategy of ICM.com through marketing campaigns across the team’s social and digital platforms. Furthermore, prominent branding will feature on a variety of team collateral; with both drivers displaying the logo on their race apparel and team kit, as well as further brand visibility throughout the garage environment and on the AT02.
Franz Tost, Scuderia AlphaTauri Team Principal said: “I’m pleased to announce this exciting partnership with ICM.com who, like Scuderia AlphaTauri, operates on a global scale every day. As a team that competes in an international championship, we are exposed to FOREX transactions daily, which is one of the core competencies of the ICM.com business. It’s great to welcome such a future-oriented company to our team and we look forward to building a strong relationship together this season.”
“We are excited to enter the world of Formula One with this team partnership – the highest class of single-seater racing, distinguishable by its otherworldly-looking cars and phenomenal speeds. With a cumulative audience of almost 2 billion television viewers and a highly engaged fan base, the partnership with Scuderia AlphaTauri will add significant value to ICM’s brand awareness strategy. With races in 23 countries Formula 1 is a truly global platform, aligning with ICM’s global vision which currently covers over 20 countries.” commented Shoaib Abedi, Founder and CEO of ICM.com.
Credit Suisse Economic Expectations reflect the assumptions of experts about important global financial markets. The index is compiled based on a survey of 300 representatives of banks, insurance companies and financial departments. The survey participants express their six-month outlook regarding the state of economy, inflation level, interest rates, stock markets and exchange rates in the eurozone, Germany, Japan, the USA, Great Britain, France and Italy, as well as their expectations regarding oil prices. The indicator growth can have a positive effect on the Swiss franc quotes.To get more news about kiexo review, you can visit wikifx.com official website.
Commonwealth Bank Manufacturing PMI is an indicator of changes in business conditions in the Australian industrial sector in the specified month, as compared to the previous month. The indicator is based on monthly surveys of purchasing managers working in private companies of the manufacturing sector. Respondents are interviewed regarding five main parameters: production, new orders, supplier deliveries, inventory levels and employment environment. The index reflects the conditions of doing business in the manufacturing sector and characterizes the state of the industry. A reading above 50 indicates growth in the sector and can have a positive effect on the Australian dollar quotes.
Commonwealth Bank Services PMI informs of changes in business doing conditions in Australian service sector. The indicator is calculated monthly based on the survey of the service industry company managers about the sales, amount of orders in the industry, employment and forecasts. PMI is one of the indicators measuring the confidence of large businesses in the country's economic development. The indicator growth can have a positive effect on Australian dollar quotes.
Markit Manufacturing PMI reflects the business environment in the Japanese industrial sector. The indicator is calculated monthly based on surveys of manufacturing company managers about new orders, sales, inventory, suppliers and the industry outlook.
The fact that eight of the ten largest one-day point losses for the Dow Jones Index in history occurred in 2020 speaks volumes about just how unique a year it was for the markets. But it wasn’t just stock Indices that moved in 2020. Forex pairs saw heavy volatility as many people took advantage of the trading opportunities that arose. But don’t worry, this year is set to be equally rich in Forex opportunity. So, here are five reasons why you need to take on the markets, start trading Forex and make 2021 your year. To get more news about gmi review, you can visit wikifx.com official website.
1. COVID and global uncertainty sent shockwaves through the financial markets
Given it’s been the most prominent focus in our lives for the last year, COVID is number one in this list. Whether it’s the infection rate, talk of vaccinations or looking ahead to what life will be like once the pandemic’s over, it seems that for 2021 at least, it will continue to dictate our lives.
Huge uncertainty remaining in areas like travel, hospitality and retail, it’s difficult to anticipate when an economic recovery will come – if at all. Add the threat of mutated strains into the equation, and things could even get worse before they get better. But as the arrival of the pandemic caused a market-wide crash, an ending to COVID will likely catalyse an economic recovery. Such a recovery will create plenty of trading opportunities in Forex, and other markets such as Energies, Gold and Silver, waiting to be taken advantage of.
2. China-US Trade War: The aftermath of Trump’s political warfare continues to impact Forex markets
A staple of Donald Trump’s regime as president was his crackdown on, how he put it, ‘The greatest theft in the world’ referring to China’s exploitation of trades with the US. He made a point to stand up to President Xi, leader of the second most powerful economy. His imposition of stricter tariffs of Chinese goods being sold in the US heightened tensions and sparked a trade war that played a significant role on the markets.
These tensions cause uncertainty and results in traders getting nervous about their investments. Nerves then translate to a lot of buying and selling across the markets, which is why we see market volatility. Whether market prices are rising or falling, the beauty of trading is you can take advantage of movement in either direction. Volatility is the significant aspect – if the markets are volatile then there will be an abundance of opportunities to capitalise on. Don’t miss out, be sure to take advantage and trade the markets now .
Fortunately, there are plenty of these intriguing international relationships for you to monitor over the course of 2021 that have the potential to cause similar moves in Forex.
3. The Brexit fallout set to weigh in on markets throughout 2021
Talking of strained relationships, the United Kingdom and the European Union is another duo that have hardly been fond of one another in recent years. The shock result of the 2016 EU referendum catalysed heavy losses for GBP, which lost 10% and 7% against the US dollar and euro respectively. It had been over 30 years since lows of $1.33 against the dollar had been seen.
Since then, there’s been a close correlation between the pound’s value and any news or further clarity about Brexit. Even though the UK has now officially left the EU, the world is still longing for more clarity on how the future relationship between the two will look.
Throughout the rest of 2021, we should slowly start to see the true impact of what Britain leaving the EU means for business, the economy and the markets. Therefore, Forex will once again be heavily in focus. Imports seem to be one of the most prominent issues, and if we don’t see this improve it’s likely to weigh in on FX pairs like GBPUSD and EURGBP.
4. US Turmoil – With the threat of civil war still looming, it could be the markets in the firing line
The US is the global powerhouse, an economic giant that has a huge influence over economies across the world and more importantly for forex traders, huge influence over the markets. However, the US is also experiencing tumultuous times at present that are causing mass unrest and instability.
Black Lives Matter protests following the death of George Floyd threatened to spark a civil war, a situation not helped by the outgoing President naturally stirring the pot with his vocal and unreserved opinions. The presidential transition could add to the instability, with Joe Biden looking to undo a lot of what Donald Trump implemented in office.
5. Changing Times – Why a new era of society could provide a unique opportunity for traders 2021
A fifth and final reason to trade Forex in 2021 is the fact that we might be entering a new stage of society.
We’ve all been forced to adapt to a new way of living, working and surviving due to the pandemic. What was initially thought to be a temporary solution has become a more permanent way of living, but despite being well into 2021, things still aren’t looking like they will revert to how they were. The majority of people are still working from home and sectors are advancing their digital operations.
This shift in mentality relates to opportunity. Think about it, how many times do we imagine we were back at the start of the internet era? With hindsight, it would be an ocean of opportunity, with many new companies looking for investment – something you could exploit to your advantage.