The ongoing rebound from the corona-lows was an impressive one in Europe as markets close for the year. There were slight declines today but the overall returns were impressive. French CAC 40 +29% UK FTSE 100 +14% Spain IBEX +8% Stoxx 600 +22.5% That will be tough to top in 2022 but the gains in
admin
Commodities surged the most in over a decade this year as a rebound in demand from pandemic lockdowns was met with constrained supplies, fueling inflation around the world and forcing governments to act. But 2022 may tell a different story. The Bloomberg Commodity Spot Index, which tracks 23 energy, metal and crop futures, is ending
The first week of next year will have a busy schedule regarding economic data. In the US and Canada, employment numbers and ISM figures are due. Also the Federal Reserve will release the minutes from its latest meeting. Analysts from TD Securities expect a net job creation of 30K in Canada during December and NFP
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year. “We live in a world where arbitrary groups of people get to be fact-checkers and decide what’s legitimate,” said Hoskinson while speaking about
Here are the closing levels for 2021. The loonie’s late charge put it back into the lead. It was the lone G10 currency to better the US dollar. On the other side of the FX universe was the Turkish lira with a 42% drop. We’ve had a great year here despite some growing pains and
KUALA LUMPUR: Malaysian palm oil futures were set for a third straight annual gain on Friday, with tight production in the first half of 2022 expected to keep prices firm next year. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 5 ringgit, or 0.11%, to 4,688 ringgit ($1,123.68)
🔴 FREE DOWNLOAD “MACD Trendline Breakout” system: MACD Trendline Breakout “PRICE ACTION” Trading Strategy 🔴 FREE DOWNLOAD “NON-RREPAINT” Trading system: Forex & Stock Trading – “NON REPAINT” BB Stops (New Format SCALPING System) ============================ The MACD is one of the most powerful trend following and momentum indicator. The MACD is a commonly used technical indicator.
✅ DAY TRADING ACADEMY + COPY MY TRADES EVERYDAY➥ https://www.incomementorbox.com/ ✅💰BEST Cryptocurrency Signals Group on Telegram➥ https://www.andrewstradingchannel.com/Crypto-Trading-Box-telegram/ ✅💰MY Stock Trading Academy+FREE PROFIT SCALPING INDICATOR➥https://www.andrewstradingchannel.com/stock-trading-mentor-box/ ✅💰 UPSI-Profit Scalping Indicator➥ upsi-indicator FREE FOREX SCREENER👉 https://www.andrewstradingchannel.com/ ✅👉Income Mentor Box read FULL Review➥ http://www.investing-news.net/income-mentor-box-day-trading-academy/ Follow me on Socials: FACEBOOK: https://www.facebook.com/andrews.trading.channel INSTAGRAM: https://www.instagram.com/andrews_trading_channel/ TWITTER: https://twitter.com/andrew_trading TELEGRAM: https://t.me/andrews_trading_channel Do you want
USD/TRY is set to end the week 20% higher, though the rally has stalled at resistance in the 13.50 area. Investors remain fearful as President Erdogan continues to push “new economic programme” despite surging inflation. TRY has lost more than 40% of its value versus USD this year, its worst annual performance in two decades.
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact us: contact@actionforex.com
The Canadian dollar is ripping higher today and is by-far the best performing G10 currency. The move has knocked USD/CAD 110 pips lower to 1.2633. I strongly suspect this is a flow-driven move in a thin market — someone needed Canadian dollars ASAP. That’s especially evident with oil down 1.2% today and global equities softer.
NZDUSD on the weekly chart The NZDUSD stepped lower in 2021 in choppy up and down trading. The moves to the downside came despite rate hikes by the Reserve Bank of New Zealand toward the later half of the year. The expectations are the central bank will look to continue that trend in 2022. Overall,
Gold prices are set for a negative year in 2021. The metal’s prices in India have declined by more than 4% till now on improved investment sentiments for riskier assets. Gold gave tremendous returns in 2019 and 2020, at 13% and 26%, respectively, on the trade war and pandemic rally. Investors have varied opinions on
Here is what you need to know on Friday, December 31: Well, we made it to the end of the year and what a tumultuous one it was. We can scarcely believe we are still talking about covid. Indeed talking about record infection rates, hopefully, recent research that the omicron variant proves less severe is
The Chinese-Canadian business executive’s standout message was that centralized exchanges like Binance would remain relevant in 2022 and beyond. Riposting to a loaded tweet about centralized finance’s dark side as well as the future of decentralized finance, CZ said, “Today, we still need the centralized systems to integrate with the traditional financial industry so that
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slumped -1891 mmb to 1184.59 mmb in the week ended December 24. Crude oil inventory dropped -3.58 mmb to 420 mmb, compared with consensus of a +3.09 mmb increase. Inventory decreased in 3 out of
As part of the plan China will also optimise the annual quota mechanism for the production of rare earth, tungsten and other minerals. Info comes via the South China Morning Post, link here for more (may be gated). The piece opens with: China will encourage domestic exploration of iron ore and use more scrap metals