Every trader has a few dates they circle on the calendar each month. For many, the first Friday sits right at the top of that list. That is when the US Non-Farm Payrolls (NFP) report is released, and it often dictates the mood of global markets for days afterward. Even if you do not trade US equities or the dollar directly, you still feel the ripple effect. NFP has a way of pulling the wider market into alignment because the labour market is one of the cleanest windows into the real economy. When hiring strengthens, it carries a message. When it weakens, that message becomes even louder.
Inflation is a driver of markets. When new inflation numbers come out each month, traders of currencies, stocks, bonds and commodities all pay attention. A sudden rise or fall in inflation can quickly change expectations for interest rates and move markets.
Oil is often called the heartbeat of global activity. It underpins around 3% of global GDP and is found “in everything from personal protective equipment, plastics, chemicals and fertilisers through to … fuel for transportation”.
In FX (foreign exchange margin trading), strategically choosing the right order method is crucial for maximizing profits. Traders can improve accuracy and risk management by using different order types such as market, limit, and stop orders depending on the situation.
FX (foreign exchange margin trading) is a financial transaction where you buy and sell currencies from around the world to seek profits. However, when trading FX for the first time, you may have many questions such as “How do I place an order?”, “How do I decide the position size?”, or “What is a Pip?”.
