On Tuesday, gold operated at highs since November 2012 at $1,730. Investors are concerned about the impact of Coronavirus on the world economy and metal production at individual mines worldwide. It drove gold prices higher. Besides, measures launched by central banks are flooding the money market to fight the liquidity crisis. They are causing the …
Concerns of gold production drove it to a high since 2012 Read More »
Oil imports in China have dropped in March, according to a Reuters poll on Monday. Analysts expect China’s economic contraction in the first quarter of 2020 due to the Coronavirus outbreak. China is the world’s top oil importer and a critical driver of oil demand growth. The country went into lockdown at the end of …
China’s oil imports suffer from the steep decline Read More »
Over the last few articles, we have discussed how to choose a broker. Now that you may have chosen one, what should you do? Contacting your broker Make sure you know how to contact your broker at a moment’s notice. After all, trading can require some very quick decisions. In fact, you should already figure …
Every broker is different, and you need to make up your own mind on what is best for you. Just because they fit into one broad category does not mean you know how they function. Research what they will likely charge you. Find out what perks, or advice they give. And so on. Here, we …
Bitcoin (BTC) was reached $12,000. But it slumped back by $1,500 in a few minutes after the crypto coin moved sideways in the last 24 hours. Crypto investors are still turning bullish on Bitcoin. In fact, the number of millionaire addresses holding BTC increased to 18,000 thanks to the recent move. Keep in mind that …
Bitcoin (BTC) Reaches Highest Single-Day Highs Since 2017 Read More »
Choosing the correct financial broker can make all the difference in the world. This is especially true as a beginner. Choose the right one, and you shall get plenty of advice, and do well for yourself. Choose wrong, however, and the consequences could be considerable. Therefore, choosing the right broker for you is vital. You …
Mutual funds are a great way to earn some extra cash. Some understanding of financial markets does help, overall. However, you generally do not need to know a whole lot to get started. The funds are for ordinary people to gather their money and let an expert take care of the rest. Here are a …
Trying to compete in any sort of financial market means that you must do some analysis. Unfortunately, you cannot simply go bounding into this world. Some preparation is in order before you understand which stocks to choose. There are only really three of these, but each of them are quite deep. Different strategies require using …
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