Monthly Archives: May 2023

Oil is a major energy commodity that is relied on globally to produce gasoline, diesel and petrochemicals that power much of the world’s activities. Like all hard commodities, it’s a raw material on which much of the global economy relies — in fact, it’s the most commonly traded commodity in the world. That volume ofContinue Reading

The Dow Jones Industrial Average extended its decline for the fourth consecutive day amidst mounting concerns over a potential default as U.S. lawmakers struggled to reach an agreement on the country’s debt ceiling. The Dow dropped 255.59 points, or 0.77%, closing at 32,799.92, while the S&P 500 and Nasdaq Composite also experienced losses. House SpeakerContinue Reading

Gold is one of the oldest commodities to be bought and sold, and even though modern gold trading allows for far more sophisticated methods than traditional trading which requires you to physically acquire gold jewellery, bullion or coins, the commodity remains a popular and relatively stable option to include in an investment portfolio.  If you’veContinue Reading

It’s one of the world’s most vital hard commodities, powering energy and transport all around the globe. If you’ve wondered how to trade oil yourself, it becomes clear that this finite resource emerges as one of the most appealing trading instruments if you navigate the price fluctuations of supply and demand effectively. In order toContinue Reading

Commodities are the raw materials that underpin the entire global economy. From food production to manufacturing, tech to the energy sector, commodities are the building blocks for it all. In this article, we’ll discuss what commodities are, how to trade them, and what decisions you’ll need to make if you’re interested in trading commodities yourself. Continue Reading

Stocks experienced a decline on Tuesday as discussions regarding the debt ceiling continued with minimal signs of advancement. The S&P 500 dropped 1.12% to settle at 4,145.58, while the Nasdaq Composite pulled back 1.26% to close at 12,560.25. The Dow Jones Industrial Average also lost 0.69%, or 231.07 points, finishing at 33,055.51. The lack ofContinue Reading

On Monday, the S&P 500 index experienced minimal change as investors awaited a crucial debt ceiling meeting and officials worked to prevent a default. The index slightly increased by 0.02% to close at 4,192.63, while the Dow Jones Industrial Average fell by 0.42% to end at 33,286.58. In contrast, the Nasdaq Composite rose by 0.5%Continue Reading

The oil and gas industry encompasses different types of oil, such as crude oil, no-lead gasoline, natural gas, and heating oils. Among these, crude oil remains the largest and most widely traded sector, sourced from various points of origin worldwide.  Due to its extensive trading volume and diverse sources, crude oil is susceptible to geographic,Continue Reading

The financial sector is poised to closely monitor significant economic releases this week, with particular attention on RBNZ Rate Statement and FOMC Meeting Minutes. These essential reports play a critical role in guiding traders through the markets and enabling them to make well-informed decisions. Germany, UK and US Flash Manufacturing PMI (23 May) In AprilContinue Reading

What is Copper?  Copper is a widely used hard commodity that finds applications in various sectors, including technology, construction, plumbing, and wiring. While it may be less expensive compared to precious metals like silver and gold, copper’s exceptional properties as a conductor of heat and electricity make it an attractive asset for trading.  Major copperContinue Reading