June 30, 2021 / Published in Company News
SAR Independence Day 2021
Due to Special Administration Region Establishment Day celebrations in Hong Kong and Independence Day celebrations in the US, the trading hours for the following markets will change on Thursday, July 1 and on Monday, July 5, 2021. Starting from July 6, 2021, all markets will return to normal trading hours. Changed Market Hours Instruments 01.07.2021
May 28, 2021 / Published in Company News
Due to the Memorial Day celebrations in the U.S, the trading hours for the following markets will change on Monday, the 31st of May 2021. Starting from the 1st of June 2021, all markets will return to normal trading hours. Updated Market Hours INSTRUMENT 31.05.2021 FX Regular Trading hours COMMODITIES METALS Close @ 20:00 UKOIL
May 14, 2021 / Published in Company News
stability after volatility
Yesterday, Thursday, the US jobless claims data was released with a weekly figure of 473,000 versus the expected 507,000. In addition, producer price data was also released which came in above expectations. The news seems to have buoyed market sentiment, as, after a few days of declines, the Nasdaq and SP&500 rallied, as did Treasuries,
May 13, 2021 / Published in Company News
inflation soars
Yesterday, Wednesday, the US Consumer Price Index data was released. The figure reached 4.6%, going up from 2.6% a year earlier, 2020. This represents the largest one-year increase since 2008 and considering energy, meat, and food prices rises, the largest increase since 1982. The rise in inflation can be attributed to a lot of factors,
May 13, 2021 / Published in Company News
base currency and quote currency
Each country has its own currency, but it can also happen that countries group together to form an economic community and mint a single currency for their use, as is the case with Europe (Poland is an exception). When traveling to a foreign country we need to find out what currency is used there, and
May 12, 2021 / Published in Company News
DJ drops
Concerns about inflation in the U.S. caused major selloffs in many company sectors and caused U.S. indexes to drop for a second consecutive day. The Dow Jones Industrial Average fell nearly 475 points marking the index’s sharpest one-day decline since February. Fears for rising inflation are not new; they have been lingering over the US
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 $6.36 to
May 11, 2021 / Published in Company News
how to trade oil
Crude oil is considered a highly valuable commodity because the demand for it is consistently at high levels. Except for being the main global energy source in a modern world with constantly increasing energy and consumption needs, it is also refined into high demand everyday products such as gasoline, diesel and more petrochemicals. Therefore, supply and demand are often under pressure. What
May 10, 2021 / Published in Company News
important data
Last Friday, May 7, the NFP data left markets, economists, and the general population in awe. The figures showed only 266,000 jobs created compared to the almost 1 million jobs forecast, and 770,000 jobs created in March. Federal Reserve Chairman Jerome Powell stressed that “the economy is a long way from our targets, and it
May 7, 2021 / Published in Company News
Today, Friday, after a week of ups and downs in major world market indices, commodities, and metals, if there is one asset that stands out it is gold. Yesterday, Thursday, during the U.S. trading session, after opening at 1,787.09$ per ounce, it closed the trading session at 1,814.55, putting the finishing touch to a week