What Are The advantages of MetaTrader 4?
What Are The advantages of MetaTrader 4? MetaTrader 4 (MT4) is a very popular tool for people who trade money in foreign countries (forex traders). It’s liked because it has a lot of good things about it. In this blog, we will talk about why the trading platform MT4 is liked and used by many traders in the money markets. Getting Real-Time Info about Prices and How Much You Can Buy One big reason people […]
Asian stock market remains under pressure due to China’s economic woes
Asian stock market remains under pressure due to China’s economic woes The Asian stock markets are grappling with sustained pressure as China’s economic challenges continue to cast a shadow over the region’s financial landscape. The markets are currently experiencing a cautious atmosphere, largely influenced by a combination of disheartening Chinese economic data and robust US retail sales figures. China’s stock indices have undergone a relentless decline spanning four consecutive days. This disheartening trend was underscored […]
China’s Economic Prospects Shadowed by First New Home Price Drop of 2023
China’s Economic Prospects Shadowed by First New Home Price Drop of 2023 In July, China experienced a notable event as new home prices declined for the first time this year. This occurrence adds to a series of discouraging data that collectively indicate a swift wane in overall economic momentum. It underscores the pressing need for more robust policy interventions to stimulate activity and counter these downward trends. According to calculations by Reuters, the month-on-month drop […]
After UK CPI data release, GBP/JPY surged past 185.00
After UK CPI data release, GBP/JPY surged past 185.00 After the release of UK Consumer Price Index (CPI) data, the GBP/JPY currency pair experienced a surge, surpassing the 185.00 mark. This positive momentum in the cross is due to the encouraging inflation figures from the UK. However, market participants are also closely monitoring the possibility of foreign exchange (FX) intervention by the Bank of Japan. According to the latest data from the UK’s National Statistics, […]