The Greek government and international lenders are again unable to make progress in the negotiations on the evaluation of the reform program. If the parties do not find a compromise, this will prevent Greece from obtaining a new loan. Greece and international lenders again cannot agree, the solution of the most difficult issues […]
Posts in category Market Reviews
Binary Options Market Reviews from ABBOS Blog
Why does a trader need financial analytics and where to find it?
Financial analytics includes technical and financial analysis of the currency market. It helps the trader to make the right decision on which depend his profits or losses. Competent analysis of the market situation and forecast of the price movements in the short term is very important for the trader’s success. Financial analytics can be based on macro-economic developments (fundamental analysis) and graphics (technical analysis).
Financial analytics brings the major benefit to beginners, for whom it is difficult to predict the consequences of important events and their impact on the currency market. With regard to professional traders, most of them do not need financial analytics, as they can make an analytical forecast on their own. The preparation of financial analytics is a creative process, to which its authors approach in different ways.
Some traders in order to create analytics have to use the technical analysis of the market, some combine technical and fundamental market analysis. Sometimes it is necessary for the analysts to use mathematical indicators to produce the analysis, and some traders are looking for reversal pattern / trend confirmation on the graph. What does the professional market analytics include? It includes such diverse reviews of the situation in the financial market, official comments of state leaders and heads of central banks, expert opinions of specialists in the currency market, the current interest rates and exchange rates of major banks, experts’ video reviews which give forecasts of the situation on the stock markets.
We will help you learn how to analyze changes in the market situation and predict changes in trends. With us it will be easier for you to follow the news and learn the basics of analytics.
Iceland lifts restrictions on the movement of capital that were introduced in the crisis year of 2008. Nine years ago, the authorities took this step to preserve the country’s economy. Iceland cancels the control over the movement of capital, which has been operating since the financial crisis – such a statement was made […]
Domestic spending stimulated the growth of the Eurozone economy in the last quarter of 2016. GDP grew by 0.4%, meeting expectations, and household consumption added 0.2% to the indicator. State expenditures and investments added 0.1% each. The latest figures confirmed the strength of the region’s economic recovery, and investor confidence rose to […]
On Monday, US stock indices closed in negative territory, amid fears about growing geopolitical tensions and general market consolidation sentiment. Last weekend North Korea launched four missiles into the Sea of Japan, three of which fell in the exclusive economic zone of Japan. Investors are trying to be cautious in anticipation of […]
The US economy added 1.9% in the fourth quarter, despite the increase in consumer spending, as the trade deficit continued to grow. Consumer spending, which are the main driving force behind the US economy, for the quarter increased by 3%, against 2.5% previously announced. However, the beneficial effect from the consumption was […]
The next rate hike may happen sooner than it was expected, February Fed meeting minutes showed. Federal Open Market Committee discussed the potential effects of tax cuts and easing regulators’ standards, as well as increasing costs, promised by the new administration. This session was the first under President Trump. “Members of […]
The dollar rose to a more than 3-week high after comments of Fed Chief Janet Yellen, which raised the chances of a rate hike in March already. The dollar index has registered the fourth consecutive session of growth, as well as a maximum since January 20th, before it sank during the morning session […]
The world economy is in a pretty vulnerable position, especially after the vociferous political upheavals, such as Brexit and Trump’s victory in the US election. Moreover, recalling the elections in France and Germany in the offing, it is quite possible that the pressure on the world economy will only grow. However, a […]
Uncertainty will support the gold market in the coming couple of years, says Russel Chesler, investment director of VanEck Australia. “If it was possible to estimate the uncertainty for the future four years, it would be clear that it goes beyond all limits”, – he continued, referring to non-traditional methods of the new […]