Earlier today, the Bank of England’s 9-member Monetary Policy Committee voted 7-2 to keep interest rates unchanged at 0.75%. It also kept its Asset Purchase Target unchanged at £435 billion together with its £10 billion Corporate Bond Target. Before the announcement, analysts suggested that the vote could be 5-4, as two members signaled their willingness to ease interest rates as an insurance policy for a slowing global economy and uncertainty over the Brexit transition period.
Nowadays all the traders can take advantage of an increasing abundance of assets to trade on, from big-league shares and the fast-moving futures to the Forex market. Picking which of these markets to trade may be difficult and numerous aspects must be taken into account to choose wisely. The most significant factor is the trader's risk threshold and trading manner. For instance, buy-and-hold traders are usually more fit to joining the stock market, while intraday investors– may fancy markets wherein price volatility is more...
Let’s be honest - Forex trading statistics can be rough, especially when it comes to inexperienced traders. While large companies and market pros make literal millions off the foreign exchange market, a vast majority of newbies flunk out immediately after their very first setback. It is also quite unfortunate, since it is the persistence that usually ends up paying off at any trading market and especially at the financial one. But, the reality is that no matter how confident the trader seems to be prior to entering the market, they...
Do you know the feeling when you seem to have already discovered the “Da Vinci Code”, but still there are moments that prevent you from trading comfortably? Even trading professionals and sharks have difficult moments, and if you are saying like “I never worry” or “I do not regret the deal,” then most likely you are cunning or in this way trying to strengthen your own beliefs. Yes, there are traders who engage in a kind of self-hypnosis and various techniques in order to tighten their trading.
This year marks the 50th anniversary for the World Economic Forum (WEF) in Davos, Switzerland. The one-week event held once per year attracts business leaders, billionaires, CEOs, and government officials from across the globe. One fact many may ignore is the money-making machine the WEF turned into. In 2019, it reported revenues of $346 million. Plenty of reports are published by the non-profit organization, with plenty of profits. What happens with the generated cashflow remains a mystery to most people, and detailed information is hard to...
