Don’t forget to change your clocks! On the night of October 26 (Saturday to Sunday) many countries of the world will move the clock to one hour back. Thus, as early as this weekend the "winter time" officially will come. However, not all countries do it this weekend, so follow your local news to be sure. First clock’s moving to one hour forward in the summer and one hour back in the winter in order to save energy resources was carried out in the UK in 1908. The idea of energy savings by clock moving belongs to the American statesman, one of...
The foreign exchange marketplace is where the actual currencies of individual countries are traded around the world, 24 hours a day, 5 days a week. Some people call it the single most important marketplace on the planet because what happens in the forex market has a direct effect on the value of the money in your pocket. Since just about everything you do, need and desire is affected by the value of the money you have at any particular moment. The connection between the rising cost of living and the factors that cause the cost increase are...
Forex is seen as one of the riskiest trading activities. This reputation it deserved because of the large number of failed traders in this financial market. It’s just not real to trade with absolutely no loss, but you can not allow that the sum of losses would exceed the income. The result of such a trade is always becoming a total loss of your deposit. You should try to minimize the probability of loss of deposit. This is not so difficult as it seems at first glance. Let’s look at some useful tips. 1. Reduce the likelihood of loss of...
The foreign exchange market (Forex) is a global decentralized market for the trading of currencies. In terms of volume of trading it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock with the exception of weekends. The foreign exchange market determines the relative values of different currencies. Every day an average of more than 5.5...
Prices for Brent are close to $ 84 per barrel, as investors no longer rely on the reduction by OPEC. Yesterday, Brent futures fell from $ 88.14 to $85 per barrel - the lowest level since December 2010. WTI futures fell by $ 0.73 to $ 85.01 per barrel. Brent prices are 20 percent below the peak reached in June of this year. Saudi Arabia says oil market participants that has no objection to maintenance of low world prices for a long time and, apparently, is not going to cut production. OPEC will consider a quota for oil of 30 million barrels...
