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Showing posts from February, 2023

Three mistake of beginners in stock market And how Capital Street FX help?

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  The stock market can be a very exciting and lucrative place, but it can also be very daunting for beginners. Many people make mistakes when they first start investing in the stock market, and these mistakes can be costly. In this article, we will discuss three common mistakes that beginners make in the stock market and how Capital Street FX can help. Mistake #1: Not having a strategy One of the biggest mistakes that beginners make in the stock market is not having a clear strategy. Many people invest in stocks without any plan, hoping to make quick profits. This can lead to impulse buying and selling, which can be very damaging to your portfolio. Capital Street FX can help beginners develop a sound investment strategy. Their team of experienced traders can provide guidance on how to build a diversified portfolio, which stocks to invest in, and how to manage risk. They can also provide regular market analysis to help you stay up-to-date on the latest trends and news that may aff...

Asian Stocks Closed Flat in Thin Holiday Trade - Capital Street FX

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  THE NIKKEI 225 ROSE 1.16% TO 28542.11 ON THURSDAY. On Thursday Japan’s Nikkei stocks average ended higher, and COVID-19 lockdowns ended in major China trade partner Benchmarks declined in Tokyo, Sydney, and Shanghai, major Chinese cities closed due to coronavirus outbreaks, and Asian shares fell trading as the market was closed for good Friday The Hang Seng was up by 2.69% at 19362.45 and Hang Seng Tech Index was down by 1.29%. The 10-year U.S Treasury yield jumped to its next level in June. The 30-year Treasury rate closed at the highest level since 2014 Last Wednesday Asia- The pacific market was down as investors expect the Federal Reserve to give a summary of economic conditions, this is also known as Beige Book. Shanghai is up by 0.82% at 3262.05, and the TOPIX rose 0.19% to 1866.71, Chinese exporters increase by 7.1% in August and in the next month it increased by 18% almost 12.8%, The offshore Chinese yuan weakened to 6.99 % The S&P/ASX 200 in Australia down by 1.42% a...

Why Dollar Slowly Rises - 23 February 2023

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  The Dollar Index has risen 3.8% to 104.5 from its lows in early February. Prior to that, the dollar index had been falling since late September, giving back half of the gains from the global rally triggered by the Fed’s sharp monetary tightening. Although the dollar’s decline in recent months has been deeper than a typical Fibonacci retracement, this move looks like a profound correction within an uptrend. Early this month, the Dollar got support on the decline to the 100 area, a significant round level that acted as almost impregnable resistance in the pandemic. This time it proved to be no less solid support. n addition, the dollar looked oversold, which provided initial support in early February. However, the US currency’s momentum against its rivals no longer looks like a technical fluctuation but rather a deliberate buying of dollar-denominated securities. The fundamental reason for buying the US currency is the strong macroeconomic data, with inflation still alarmingly hig...

Why George Soros cannot cause an Indian rupee crisis - 23 February

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  George Soros, the controversial billionaire and philanthropist, is blamed by market experts and economists for exacerbating the Asian financial crisis in 1997. As Soros finds himself at the center of yet another controversy for his remarks about Prime Minister Modi’s connections to industrialist Gautam Adani, is the Indian rupee under threat? Soros has made short bets on sovereign currencies in the past, and he has won. George Soros’s Big Short on the Thai baht and Malaysian ringgit The Asian Financial Crisis began a month after Thai authorities unpegged the baht from the dollar in August 1997. By encouraging Thai banks, financial institutions, and businesses to borrow dollars without hedges, sany hedges, domestic lending was heavily subsidized. Thailand, however, faced difficulties repaying its dollar debt obligations due to the dollar’s strength and falling trade. In light of this, the authorities decided to lift the baht-to-dollar peg. By October 1997, the baht had fallen 60% ...

Is Forex trading available for a beginner? - Capital Street FX

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  Forex trading, also known as foreign exchange trading, has become increasingly popular over the years. Many people are drawn to this market because of the potential for high profits, but is it really available for beginners? Let's take a closer look. Firstly, it's important to understand what Forex trading is all about. Essentially, it involves buying and selling currencies in order to make a profit. The value of each currency is constantly fluctuating, so traders try to take advantage of these changes to make a profit. As with any form of trading, there is some risk involved. Forex trading can be quite volatile, so it's important for beginners to approach it with caution. That being said, it is certainly possible for a beginner to start trading in the Forex market. One platform that is popular among traders is Capital Street FX . This platform offers a range of features that can be helpful for beginners. For example, they offer demo accounts that allow you to practice tr...

The price of Bitcoin crossed the $25,000 - Capital Street FX

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  BITCOIN CROSSES $25K The market cap of Bitcoin, the world’s largest cryptocurrency, was around $481 billion, with a dominance of about 42.56%, an increase of 0.30% over the day, according to Coin markets. The global cryptocurrency market cap was trading higher around $1.13 trillion, rising 1.09% in the last 24 hours. The total volume in DeFi is currently $7.57 billion, 12.20% of the total crypto market 24-hour volume. The volume of all stablecoins is now $55.01 billion, which is 88.73% of the total crypto market 24-hour volume. Ahead of the release of the FOMC minutes on Wednesday, the cryptocurrency market was trading higher on Tuesday. Ethereum (ETH) rose over 0.62% to $1,700, whereas Bitcoin (BTC) was above the $25,000 level. BTC volume in the last 24 hours stood at approximately $27.52 billion, falling 4.37% in the last 24 hours. READ THE FULL  ARTICLE HERE

U.S Stocks Edge Higher, After Indices rebound - Capital Street FX

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  S&P 500 ROSE 0.34% TO 3,946.0 ON MONDAY On Thursday market session participants will be looking ahead to retail sales, fresh jobless claims, and import price data US stocks futures rise during Wednesday evening deals, US major indices bouncing back on that day after an inflation report published by Federal Reserve Stocks fell straight on Wednesday, investors are afraid of this move, and on the last day of August market come back in doubt as investors weighed the inflation-fighting efforts. The Dow Jones Industrial Average was up by about 0.2% to 31,510.43. S&P 500 was roughly gained by 0.2% at the end of the day price was 3,946.00. Nasdaq 11 futures rose 0.4% at 11,816.20 The three major weaker note seems at the end of the month which began as a strong month i.e., Donjons AUGUST was down           4.1% and the S&P 500, and Nasdaq posted losses of nearly 4.2% and 4.6%, respectively, the 52 weeks range is 3,636.87-4,818....

How To Start Trading & Tips - Capital Street FX

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  If you’re thinking about getting into trading, there are a few things to keep in mind that can help you succeed. Here are some tips to get you started: Start with a plan : Before you start  trading , make sure you have a plan. This should include your goals, risk tolerance, and the strategies you’ll use to achieve those goals. Having a plan in place can help you stay focused and avoid making impulsive decisions. Keep up with market news : The market is constantly changing, and keeping up with the latest news can help you make informed decisions. Follow financial news sources, subscribe to newsletters, and join online communities to stay up-to-date on the latest developments. Learn from your mistakes : No one gets it right all the time, and you’re bound to make mistakes along the way. However, it’s important to learn from those mistakes and use them to improve your strategy in the future. Be disciplined : Trading can be exciting, but it’s important to stay disciplined and sti...

What Forex Bonuses Is Profitable For Investor ? - Capital Street FX

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  Forex trading  is a lucrative business for those who know how to trade effectively. One of the most attractive aspects of forex trading is the bonuses that are offered by brokers to their clients. Forex bonuses come in different forms, and they are designed to help traders increase their trading capital, manage risks, and improve their chances of making profits. If you are an investor in the forex market, you need to know the different types of forex bonuses and choose the one that is most profitable for you. In this article, we will discuss some of the forex bonuses that are most profitable for investors and recommend Capital Street FX as a reliable forex broker that offers these bonuses. Deposit Bonus Deposit bonuses are one of the most popular types of forex bonuses. As the name suggests, deposit bonuses are given to traders when they make a deposit into their trading account. Deposit bonuses can be a percentage of the deposit or a fixed amount. For example, if you deposi...

Asian Stocks Closed Flat in Thin Holiday Trade - Capital Street FX

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  THE NIKKEI 225 ROSE 1.16% TO 28542.11 ON THURSDAY. On Thursday Japan’s Nikkei stocks average ended higher, and COVID-19 lockdowns ended in major China trade partner Benchmarks declined in Tokyo, Sydney, and Shanghai, major Chinese cities closed due to coronavirus outbreaks, and Asian shares fell trading as the market was closed for good Friday The Hang Seng was up by 2.69% at 19362.45 and Hang Seng Tech Index was down by 1.29%. The 10-year U.S Treasury yield jumped to its next level in June. The 30-year Treasury rate closed at the highest level since 2014 Last Wednesday Asia- The pacific market was down as investors expect the Federal Reserve to give a summary of economic conditions, this is also known as Beige Book. Shanghai is up by 0.82% at 3262.05, and the TOPIX rose 0.19% to 1866.71, Chinese exporters increase by 7.1% in August and in the next month it increased by 18% almost 12.8%, The offshore Chinese yuan weakened to 6.99 % The  S&P/ASX 200  in Australia dow...

Only 15% of Litecoin holders are making profits Let’s discuss why. - Capital Street FX

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LITECOIN PRICE IS UP BY 3.07% AT #55.00, AND THE 24-HOUR PRICE CHANGE IS 7.89% Litecoin is the best altcoin to buy in 2022, as of this writing Litecoin is trading at $55.00 up by 3.07% nearly in the past seven days. According to market capitalization, Litecoin has been the third-largest cryptocurrency for a long time. LTC’s 5-day straight rally registered a growth of 21.4%, Litecoin touches the $60 zone after that a fresh decline started against the US dollar, and LTC price is now between $55 to $60 simple moving average $54.80 and $55.00 levels are the resistance level for Litecoin and the downtrend is formed with resistance near $55 on the 4-hour chart frame of LTC/USD. On 2 nd  September official Litecoin Twitter account posted that according to this post average, Litecoin transaction price is less than one penny this post also benefited LTC/USD because the popularity of Litecoin has increased for transaction purposes. For investors, it was an interesting trend. Read The Full Ar...

What's New In Today Swiss Stock - Capital Street FX

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  The SMI is down by 0.84% to 10,169.41, and FTSE Singapore is down by 0.00% to 340.97, while STI is down by 1.1% to 3,227.80 on Tuesday. On Tuesday Dufry rose more than 4% and Outperformed SMI. Dufry comments that their pent-up tourism demand has increased around the world.  The Singapore stock market has replaced between positive and negative finishes over the past five trading days since the end of the two trading sessions in which it had tumbled almost 25 pts or 0.8 percent, the straits times index now reset just above 3,260 points although it figures to south head again on Friday. The European and US markets were down and the Asian Market follow that lead, according to global forecasters Asian market is negative about recession fears and concerned over the result of interest rate For the day, the index rose 0.04% to end up at 3,263.07 after trading between 3,243.46 and 3,266.64 and the volume is around 1 billion shares worth 1.09 billion Singapore dollars. there were alm...

Index Dow Jones News & Technical Analysis - Capital Street Fx

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  FOLLOWING NEWS OF JOB LOSSES, DOW FUTURES DROP 200 POINTS, WITH DELL IN THE SPOTLIGHT. U.S. stocks are seen opening lower Monday, starting the new week on a negative note as investors awaited the release of more corporate earnings and an eagerly awaited speech from Federal Reserve Chair Jerome Powell.  The Dow futures contract was down 200 points, The main U.S. averages have had a hot start to the year, but closed lower on Friday after the robust U.S. jobs report prompted investors to reconsider how hawkish the Fed may need to be in its efforts to rein in inflation. The blue-chip Dow Jones Industrial Average closed almost 130 points, or 0.4% lower Friday, while the broad-based S&P 500 fell 1%, and the tech-heavy Nasdaq Composite ended 1.6% lower. There are a number of Fed policymakers due to speak this week, including New York Fed President John Williams, Minneapolis Fed President Neel Kashkari, and Atlanta Fed President Raphael Bostic, but the main focus will be on Powe...

Analysts examine what next after the FOMC as the S&P 500.

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                                      ANALYSTS EXAMINE WHAT IS NEXT AFTER THE FOMC AS THE S&P 500 AND NASDAQ CONTINUE TO RISE. As expected, the U.S. Federal Reserve increased its benchmark interest rate by 25 basis points at its first meeting of the year. By delivering a 25bps hike, the Fed slowed the pace of rate hikes after it hiked by 50bps in December and by 75bps at each of its previous four meetings. Still, stocks rallied in the aftermath of the FOMC as Fed Chair Powell said that the central bank is seeing signs of falling inflation. “We can now say, I think for the first time, that the disinflationary process has started,” Mr. Powell said at a press conference following the central bank’s meeting. Although Powell also said that monetary policy is still not “sufficiently restrictive,” markets heard enough to go into a risk-on setup, allowing tech stocks to lead the charge. Better-tha...