What is Copy Trade and How It Works?

Copy Trade Intro Copy trade or copy trading is a type of trading in which one trader (the “follower”) automatically copies the trades of another trader (the “leader”). This is done through a copy trading platform, which connects the follower and leader and allows the follower to automatically copy the leader’s trades in real-time. How […]

FTSE 250 Stocks: Growth Over Dividends, But One Exception Yields 6.1%

The FTSE 250 index companies are often viewed as mid-cap and small-cap firms focused on growth rather than paying high dividends. As a result, FTSE 250 stocks are not typically popular among investors who prioritize yield. However, there are exceptions to this trend. For instance, one FTSE 250 stock is currently yielding 6.1%, considerably higher […]

Market Awaits NFP Data Amidst Mixed Tone – Friday 10 Economic Calendar Packed

Despite some economic data being released yesterday, it didn’t impact the market much. However, traders eagerly anticipated today’s release of the Non-Farm Payroll (NFP) data, with investors expecting high employment rates. Mixed tones were vibrant across the market, with the USD dropping and equities softening. In addition, the bond market experienced heavy fluctuations. European yields […]

Rightmove’s Resilience Shines Through Housing Downturn: Earnings Grow 10%

In 2022, despite a housing downturn and rising inflation, Rightmove experienced a 10% growth in earnings. As a member of the FTSE 100, Rightmove presents an attractive opportunity for investors. The company’s financials are healthy and may soon return cash to shareholders. Despite a 30% drop in share prices, analysts believe Rightmove’s business is strong […]

Gold and Silver Prices Rally as Central Banks Increase Acquisitions

The precious metals market is staging a rally off oversold positions even as traders retain skittish sentiments over the rate hikes. Fed officials suggest they favor additional rate hikes, while inflation data shows that a slowdown is still far off. So even though the Fed lowered the interest rates in Feb, most policymakers suggest a […]

Silvergate Plummets toward its Demise

Controversial uproars have continued to rise ever since the plummet of Silvergate. This event happened after a bold reaction from a short seller, Marc Cohodes, who shared photos of the recently vacated Silvergate headquarters on Friday afternoon. While addressing the Block, he also added that Silvergate CEO Alan Lane should be arrested and claimed that […]

EUR/USD Exchange Rate Plummets Following Surprising Inflation Data from Eurostat

The EUR/USD Exchange Rate Is Declining The EUR/USD exchange rate experienced a significant decline on Thursday, falling below 1.0650 after a strong performance on Wednesday. This sudden shift has left the pair fragile, and analysts predict that additional losses may be on the horizon. The root cause of this decline can be traced back to […]

Goldman Sachs to Release Medium-Term Financial Goals: Investors Await ROTE Update

Goldman Sachs to Release Medium-Term Financial Goals On Tuesday, Goldman Sachs Group Inc, one of the world’s leading investment banks, announced that it would release its medium-term financial goals to investors. In addition, the company’s top executives are gearing up for the second investor day in 154 years, where they will provide an update on […]

German Stocks Rise on Positive Economic Indicators & Strong Earnings: DAX Up 1.13%

German stocks had a positive close on Monday, with the DAX rising by 1.13%. Gains in the food and beverages, telecoms, and industrials sectors largely drove this. As a result, the MDAX saw a rise of 0.95%, while the Tedax gained 1.03%. This positive performance was likely due to several factors, including positive economic indicators […]

Amplify Your Forex Trading Game: Understanding Leading & Lagging Indicators

In forex trading, leading and lagging indicators analyze the market and make informed decisions about when to enter or exit a trade. In addition, leading indicators are often used to identify potential trend reversals or momentum shifts in the market. On the other hand, lagging indicators are used to confirm a trend or market direction […]

G20 Members Support India’s Decision on Virtual Assets

India’s finance minister announced that members promote India’s decision that the innovation behind virtual digital assets could be important for several reasons. Nirmala Sitharaman, India’s Finance minister and the reserve bank of India, addressed a press conference at the end of the G20 finance ministers’ and Central Bank governors’ gathering outside of Bengaluru. The nation’s […]

USD/CAD Under Heavy Selling Pressure as Recovery in Crude Oil Strengthens CAD

USD/CAD Under Heavy Selling Pressure On Thursday, the USD/CAD currency pair experienced heavy selling pressure and showed no signs of improvement until the end of the North American session. Currently, the pair is trading at 1.3530, which represents a decline of 0.20% from Wednesday’s close. Despite this decline, the pair still holds its head above […]

Gold Volatility & Market Sentiment Amid Uncertain Economic Recovery: Market Outlook

Gold Volatility and Market Sentiment Amid Uncertain Economic Recovery The XAU/USD (gold/US dollar) pair has attempted to break and consolidate above the $1838 level. Still, traders are currently nervous as they await the release of the FOMC (Federal Open Market Committee) minutes on Wednesday. This uncertainty has led to some volatility contraction, with traders hesitant […]

European Shares Mixed on Telecom Italia Decline & Chinese Demand Recovery

Overview European shares started the week with mixed results on Monday, with gains in the mining sector driving the market higher but declines in industrials and Telecom Italia weighing it down. The mining sector showed strong performance as investors placed their bets on a potential recovery in demand for minerals and resources in China. As […]

Crypto Launchpad: What Is It and How Can It Be Utilized?

Crypto Launchpads enable new digital asset initiatives to raise money while offering investors and traders first entrée to tokens. In the digital asset universe, combining initiatives may be beneficial. For instance, investors and traders who bought BTC more than ten years ago are now profiting from the rewards of their capitalization. This action is because […]

Interactive Brokers Rolled Out Ethereum and Bitcoin Exchange in Hong Kong

In a press release, an automated worldwide electronic broker, Interactive Brokers, rolled out a virtual crypto assets exchange in Hong Kong earlier this week; expert investors mentioned that the interactive Brokers platform could exchange ETH and BTC. According to the Hong Kong capital market regulations, investors with at least HKD eight million and organizations with […]