Monthly Archives: September 2023
United Kingdom Experiences Significant Surge In GDP
Written on September 8, 2023 at 12:40 am, by lishitong
The Week Ahead: Week of 11 September (GMT+3) Wednesday, 13 September, 09:00 – UK GDP (MoM) (Jul) The rate improved to 0.5% from -0.1%, a sharp increase in the second quarter of the year. The manufacturing sector experienced a notably robust month, with significant growth observed in both the automotive industry and the typically unpredictableContinue Reading
Dollar Strengthens On Fed Outlook
Written on September 7, 2023 at 5:59 am, by lishitong
The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. Short-term U.S. bond yields have surged past 5%, while downward pressureContinue Reading
Can Position Trading Be A Long-Term Investment Strategy?
Written on September 6, 2023 at 6:49 am, by lishitong
Position trading is a popular investment strategy that allows traders to take advantage of long-term market trends. By holding positions for extended periods, position traders aim to capitalize on significant price movements and maximize their investment returns. Unlike short-term trading or day trading, which focus on quick profits from short-lived price fluctuations, position trading emphasizesContinue Reading
