Hello Traders! This week is not so busy but has some important press releases coming up. The biggest event of the week is on Tuesday with the Midterm Elections in the US. Monday China’s Balance of trade and Import and Export numbers during the Asian session. Switzerland’s Unemployment numbers, German Industrial Production and Global Construction PMI numbers, UK House Price Index and we have BOE and ECB speeches as well during the European Session. There is nothing big happening during the US session in terms of news releases. Nevertheless, we have some FED speeches towards the end of the day. … Read More
End-of-week news articles
Hello Traders! At the end of a very busy week, I am reading the news out there. Here are some of the articles that caught my attention and my thoughts on them: In the US: https://www.zerohedge.com/markets/something-has-snapped-unexplained-23-million-jobs-gap-emerges-broken-payrolls-report?utm_source=&utm_medium=email&utm_campaign=1045 https://seekingalpha.com/news/3898314-bumper-profits-is-a-windfall-tax-on-energy-producers-a-good-idea In Japan: https://asia.nikkei.com/Business/Finance/Japan-pension-whale-GPIF-suffers-longest-losing-streak-since-2009?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=11&si=711156 https://asia.nikkei.com/Politics/Japan-to-rely-on-debt-for-nearly-80-of-200bn-stimulus-package?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=14&si=711156 https://asia.nikkei.com/Business/Travel-Leisure/Tourists-return-to-Japan-but-where-are-the-workers?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=2&si=711156
Fed Raises Interest Rates: What It Means for the Economy and Markets
Hello Traders, this is Daniel from CPT. In the past week, we have seen several data releases from around the world giving us a better view of how the economies are behaving. Among all of them, the FED meeting was the most awaited event. In this blog post, we’ll take a closer look at the Fed’s decision to raise interest rates and what it means for the economy and markets. Fed’s Decision to Raise Interest Rates As expected, the Fed announced a rise of the interest rate by 75 bps to 4.00% to combat high inflation. Mohammed El Erian reminds … Read More
5 Steps to Becoming a Successful Trader
As a successful independent trader running a private trading group for over 15 years, I have worked with and trained many traders, some very successful and many who never quite make it. Over the years, I have learned the 5 key steps you should take if you are interested in becoming a successful trader. 5 Steps to Becoming a Successful Trader Get Around Like-Minded People Develop a Deeper Understanding Of Trading Learn to Practice Trading Effectively Use a Trading Coach: Get the Most Out of Your Training Develop Your Own Trading Plan: A Trader’s Mindset One thing is for sure, … Read More