Author: FX
Stress is an unavoidable aspect of life, and trading is no exception. Trading can be a highly stressful profession due to the inherent risks, volatility, and uncertainty of the financial markets. It requires concentration, focus, and alertness. But without a sound mind and body, it will be extremely difficult to do any of these things. While a certain stress level can motivate us to perform better, you want to avoid excessive or chronic stress. Chronic stress can have a detrimental impact on your trading performance. It can impair decision-making, increase emotional reactivity, and even lead to burnout! What are the possible…
© Reuters. Guatemala’s President Bernardo Arevalo gestures on the balcony of the National Palace in Guatemala City, Guatemala, January 15, 2024. REUTERS/Jose Cabezas GUATEMALA CITY (Reuters) – Anti-corruption crusader Bernardo Arevalo took office as Guatemala’s president early on Monday after a chaotic inauguration caused by a last-minute attempt by opposition lawmakers to weaken his authority. After a delay of nearly nine hours, the newly sworn-in president and Vice President Karin Herrera made their first appearance at the National Palace of Culture to greet a crowd that had assembled at the capital’s Plaza de la Constitucion. In a speech, Arevalo pledged…
Article by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, Nikkei 225 Analysis and ChartsFTSE 100 tries to recover amid slightly better month-on-month GDP readingThe FTSE 100, which last week slid to the 200-day simple moving average (SMA) at 7,573 on a higher-than-expected US CPI inflation reading, still tries to recover amid quiet trading as the US is shut for Martin Luther King Jr. Day.Resistance sits at Friday’s 7,657 high, a rise above which could lead to last Thursday’s 7,694 high being reached. Overall downside pressure is likely to remain prevalent while the 7,694 level isn’t overcome. Above it…
Share: Pound Sterling drops as investors shift focus towards the UK Employment data. Soft wage growth data would soften inflation outlook and increase expectations of the BoE cutting interest rates. Market volume to remain thin amid extended weekend in US markets. The Pound Sterling (GBP) faces sell-off ahead of the United Kingdom labor market data for three-months ending November, which will be published on Tuesday. Investors are anticipating a sharp decline in the wage growth and see labor market conditions cooling further due to higher interest rates by the Bank of England (BoE) and deepening cost-of-living crisis amid stubborn consumer…
Sandvik has received its largest ever order for surface drill rigs, valued at SEK 248 million, it said Monday. The order from US-based Sandvik dealer Country Boy Supply, LLC, was booked in the fourth quarter, 2023, and deliveries are scheduled to start in the first quarter 2024. Source: Press Release More on Sandvik AB (publ) Source link
© Reuters. FILE PHOTO: People wearing Santa hats walk through a shopping plaza decorated for the holidays in the city centre of Sydney, Australia, December 17, 2020. REUTERS/Loren Elliott/File Photo SYDNEY (Reuters) – Australia’s household spending fell in December after a rise the previous month, as consumers pulled back spending on household goods, recreation and food, data from the Commonwealth Bank of Australia (OTC:) showed on Monday. The CommBank Household Spending Insights (HSI) index fell 3.9% to 137.0 in the Christmas month from November when it rose 1.6% thanks to Black Friday sales. The annual rate of increase remained subdued,…
Are financial market players getting ahead of themselves pricing in interest rate cuts from the major central banks? We’ll get more clues on actual economic activity with this week’s set of data releases. Before all that, ICYMI, I’ve written a quick recap of the market themes that pushed currency pairs around last week. Check it! And now for the closely-watched economic indicators on the calendar this week: Source link
U.S. equities still seem to be struggling to find direction, as this stock index has been pacing back and forth inside its range for a while. Will we see a breakout soon? And which direction might it go? S&P 500 Index (SPX500) 1-hour Chart by TradingView Market sentiment has been extra fickle these days! No wonder the S&P 500 index has been tossing and turning inside its range that’s been holding since the final weeks of December. And why wouldn’t it? Shifting views on the Fed’s policy bias may be to blame for this rangebound action, as the central bank…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Share: WTI price gains ground for the third session on fear of conflict escalation in the Red Sea. Iran-led Houthis launched a cruise missile at the US Navy vessel in the Red Sea. Protesters threatened to close down two additional oil and gas facilities in Libya. West Texas Intermediate (WTI) price attempts to move on an upward trajectory, trading near $72.90 per barrel during the Asian session on Monday. Crude oil prices could potentially experience further gains due to concerns over the escalation of the Israel-Gaza conflict. This speculation has heightened, particularly after Iran-led Houthis fired an anti-ship…