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May 11, 2021 / Published in Company News
Yesterday, Monday, after having seen -in recent months- record highs, the Dow Jones did it again and went above 35,000 points. The index opened the trading session higher at 34,786.6 and throughout the session reached 35,019.6 points, a new record high. Metals, meanwhile, seemed to be on a streak of gains. Gold rose $6.36 to
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May 11, 2021 / Published in Company News
Crude oil is considered a highly valuable commodity because the demand for it is consistently at high levels. Except for being the main global energy source in a modern world with constantly increasing energy and consumption needs, it is also refined into high demand everyday products such as gasoline, diesel and more petrochemicals. Therefore, supply and demand are often under pressure. What
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May 10, 2021 / Published in Company News
Last Friday, May 7, the NFP data left markets, economists, and the general population in awe. The figures showed only 266,000 jobs created compared to the almost 1 million jobs forecast, and 770,000 jobs created in March. Federal Reserve Chairman Jerome Powell stressed that “the economy is a long way from our targets, and it
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May 7, 2021 / Published in Company News
Today, Friday, after a week of ups and downs in major world market indices, commodities, and metals, if there is one asset that stands out it is gold. Yesterday, Thursday, during the U.S. trading session, after opening at 1,787.09$ per ounce, it closed the trading session at 1,814.55, putting the finishing touch to a week
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May 6, 2021 / Published in Company News
Learning the basics of trading is essential for traders. Knowing the terminology is just as important as knowing how to use it in trading. For this reason, this educational article is going to focus on a basic concept: the forex spread. What is forex spread? In a previous article, we explained what the Bid and
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May 6, 2021 / Published in Company News
Yesterday, Wednesday’s trading session in European markets closed with the IBEX 35 up 1.56%, the CAC 40 ending the day at 6,339.47 and up 1.40%, and the DAX30 closing higher 2.12%. Following the release of German industrial orders data, which rose 1.5% in March – representing an increase of up to 3% this month –
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May 5, 2021 / Published in Company News
comments on inflation
Janet Yellen stirred up the markets when she said rising interest rates moderately may be necessary to keep the U.S. economy from overheating. This remark sparked the worst day for the Nasdaq 100 since March. Stocks dropped with the Dow Jones Industrial Average posting a small gain before closing while the yield for the 10-year
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May 4, 2021 / Published in Company News
US market fall
Yesterday, Monday’s trading session in the US closed lower with slight declines in the major US indices. Following Fed Chairman Jerome Powell’s comments that the economic recovery is uneven, Treasury yields fell 1.6%. Ether rose to a new record high. In Europe, the main indices closed higher. The IBEX35 gained 0.89% and the CAC 40
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May 4, 2021 / Published in Company News
bid and ask cover image
Today’s market is driven, among other things, by the law of supply and demand. If people ask for milk, farmers produce milk. They sell it for 80 cents, and you buy it for 80 cents. But what if your country did not produce milk, how much would you pay for a liter of milk? 1
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May 3, 2021 / Published in Company News
bitcoin gains
JP Morgan is getting ready to offer a Bitcoin fund to its clients. This move comes as the latest sign of institutional acceptance for the biggest cryptocurrency. The fund should be available by summer 2021. JP Morgan also accepted Bitcoin exchanges Coinbase and Gemini Trust as its banking clients in 2020 and launched JPM coin