THE GOOD: We are half-way through a good fourth quarter S&P 500 earnings. 77% of companies have beaten forecasts, with 26% earnings growth versus last year, 5 points better than expected. European earnings are not as far along, but even stronger. This is helping international US companies. The best growth is from ‘cyclicals’ (see chart), like commodities and industrials, who are most levered to the strong GDP rebound. Tech is reminding of its earnings power, despite some misses. With some of the stronger growth and highest forecast ‘beats’. See Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL).
EagleFX is one of the youngest forex brokers in the industry. It was founded in 2018 and has quickly become one of the best trading platforms. EagleFX offers a variety of assets that allow traders with different interests. EagleFX also offers easy sign-up and use, among other benefits for traders with different needs.
Millions of people are attracted by cryptocurrency. It is a specific digital currency, which is fully decentralized. It means no gatekeeper or bank controls the flow of digital cash. Traders are not limited and so may earn as much as they want. Of course, cryptocurrency, like any other operation with money, is a risky challenge. You may earn, as well as lose, your money. That is why the choice of a reliable and legal broker is your first step.
Veracity market is an ECN and STP broker that offers online access to forex trading and CFD instruments. It has been doing this since 2020. The broker focuses on traders from African countries but still accepts global clients. It offers about 250+ instruments for trading, 24 hours support, different account selection, and popular MT4 AND MT5 trading platforms. Veracity markets are regulated by FSCA (Financial Sector Conduct Authority). Veracity remains one of the trading platforms that offer trading accounts to both experienced and novice traders. However, it helps to note that the trader is best suited for experienced professional traders. Keep reading to find out more about this platform.
OctaFX Copytrading has been working on making the subscription process to Master Traders more transparent for the copiers, having updated the parameters a copier can set when subscribing to a professional trader.
OctaFX managed the feat of being awarded this a second year in a row.
One of TradeOn Summit's main exhibitors this year is Deriv, the newly rebranded Binary.com, a multi-award-winning pioneer in online retail trading.
Deriv Trading is an online broker and investment platform having more than 6 million users. Deriv enables its users to get involved in forex, commodities, synthetic indices, stock and stock indices. It also allows users to make long-term investments as well as day-trade.
Skrill is a popular online payment provider that is partnered with globally-recognised forex brokers, providing forex traders with a fast, reliable, and secure way to transfer funds from a trading account to their bank accounts. Of all the forex brokers that accept the use of Skrill online payments, the following are the best forex brokers in South Africa that accept Skrill deposits and withdrawals.
Leverage in forex trading enables traders to maximise on their earnings. Which brokers offer high leverage?
GBPUSD is gaining 0.35% on Wednesday, surpassing 1.3585, not far from the month's highs of 1.3620.
Getting started with trading and transitioning into a financially independent lifestyle has become increasingly popular among people of all ages in recent years. Thanks to the meteoric rise of retail Forex trading achieved by online brokers over the years, the internet has opened up the Forex market to everyone from the comfort of their own homes. Here’s how to open your first trade, and how doing so consciously can make you a lot of money and make forex trading a worthwhile endeavour.
Tech stocks are not doing well. We have seen the mighty fall: Amazon is down 15%, and Meta, Apple, Google, and Microsoft all dropped about 10% in the first weeks of 2022
What is the metaverse, who are the major players involved in its creation — and why investors need to be paying attention to this tech megatrend right now
Dollar index/EURUSD/XAUUSD/USOIL
Central Banks withdraw support
The GBPUSD pair consolidated on Friday as bulls took some profits from this week's rally, bringing the Pound some 200 pips higher.
EURUSD / BITCOIN / USOIL
Index / Stocks / Crypto/Metals / Commodity & Futures / Forex
Market movements remain elevated as rising yields put pressure on most financial assets. Later in the day, the US labor market data for January are due. The non-farm payrolls number is seen dropping to 150,000 from 199,000 in December. As a result, the unemployment rate is expected to stay unchanged at 3.9%.