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Monthly Archives: May 2023

Top 10 Jobs to consider in the Philippines for 2023

Written on May 24, 2023 at 3:40 am, by

Forex Trading in the Philippines The Philippines Job Market Outlook As the job market in the Philippines continues to evolve, it’s crucial to stay informed about the top career choices for 2023. Whether you’re a fresh graduate or professional looking to switch careers, understanding the current job landscape can help with your decisions. Let usContinue Reading

Stocks Slide as Debt Ceiling Negotiations Show Little Progress

Written on May 24, 2023 at 3:21 am, by

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

Market Holds Steady as Debt Ceiling Meeting Looms and Tech Stocks Lead the Way

Written on May 23, 2023 at 2:43 am, by

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

How to Trade Oil CFDs: A Comprehensive Guide 

Written on May 22, 2023 at 9:54 am, by

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

Trading Tips from the World’s Best Traders for Filipinos

Written on May 22, 2023 at 7:32 am, by

Learn more about our Trading Tools 10 Mistakes to avoid in Forex Learning from the Best Traders in the World Learning from experienced traders and investors can provide valuable insights and guidance to both novice and experienced traders. Therefore, in this article, we will share eight trading tips from some of the world’s most successfulContinue Reading

Week ahead: All Eyes on RBNZ Rate Statement and FOMC Meeting Minutes

Written on May 22, 2023 at 1:21 am, by

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

How to Trade Copper: A Comprehensive Guide 

Written on May 19, 2023 at 9:03 am, by

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

How to Trade Gold: A Comprehensive Guide 

Written on May 19, 2023 at 8:15 am, by

Gold has long been a highly prised precious metal, known for its lustrous appearance, unique properties, and historical use as a form of currency. While many global currencies were once backed by gold under the gold standard, this system was abandoned in the UK in 1931. However, gold continues to hold value as a stableContinue Reading

What Are Commodities & How Do You Trade Them? 

Written on May 19, 2023 at 7:38 am, by

What are commodities?  In simple terms, commodities are the raw materials that are harvested, collected, and processed into everyday goods and services used by humans.  Unlike stocks or bonds, commodities are physical materials and goods. Trading commodities can be potentially profitable due to their price fluctuations, but they also carry more risk compared to bondsContinue Reading

Stock Market Soars on Debt Ceiling Optimism and Strong Earnings: S&P 500 and Nasdaq Reach Yearly Highs

Written on May 19, 2023 at 2:52 am, by

On Thursday, the S&P 500 and Nasdaq Composite surged to their highest closing levels since August 2022, driven by ongoing debt ceiling negotiations. The S&P 500 rose by 0.94% to reach 4,198.05, while the Dow Jones Industrial Average ended the day up 0.34% at 33,535.91, and the Nasdaq gained 1.51% to close at 12,688.84. ThisContinue Reading

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