Both spread betting and CFD trading are forms of derivatives. This means traders speculate on the price movements of underlying assets, but do not own these assets themselves. Despite this similarity, the two types of trading differ in their structure, taxation, and regional availability. What is Spread Betting? Spread betting is betting on which way the spread or price…
In case you missed the weekend news: OPEC+ to accelerate oil output hikes, warns of ending voluntary cuts if compliance lags Amid worries of tariffs weighing on global growth and the US-China trade war still not seeing much progress, the decision by OPEC+ is not doing oil prices any favours at the moment. The bloc is fixated now in…
NZD/USD continues to gain traction as the US Dollar loses ground, with traders keeping a close eye on ongoing US-China trade developments. President Trump commented on tariffs, raising concerns for US companies contemplating the shift of production back from China. A potential uptick in the unemployment rate in New Zealand could bolster expectations for additional monetary easing by the…
This week our currency strategists focused on Australia’s CPI Report for Q1 2025 and its potential impact on the Australian dollar for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Watchlists are price outlook…
Vietnamese Prime Minister Pham Minh Chinh says Trump’s “reciprocal” tariffs are negatively affecting the global economy. Chinh says the tariffs are threatening global supply chains Said Vietnam’s export-reliant economy is facing a “challenging and complicated situation.” Trump’s tariffs include a 46% levy on Vietnamese goods This article was written by Eamonn Sheridan at www.forexlive.com.
EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment. President Donald Trump announced plans to initiate a 100% tariff on foreign-produced films, raising concerns over escalating protectionist policies. Eurozone Harmonized Index of Consumer Prices remained steady at 2.2% YoY in April, slightly above the expected 2.1%. EUR/USD is kicking off the week on a weaker…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
US President Donald Trump said late Sunday that he is authorizing the US Trade Representative and the Commerce Department to begin the process of imposing a 100% tariff on imports of foreign-produced movies. Market reaction At the time of press, the US Dollar Index (DXY) was down 0.05% on the day at 99.98. Tariffs FAQs Tariffs are customs duties levied…
Buffett confirms CEO handover: Greg Abel will take over as chief executive of Berkshire Hathaway at the end of the year. Buffett said he’ll still “hang around” to help, especially during times of major opportunity, but Abel will have final authority over operations and capital decisions. Buffett is Berkshire’s largest shareholder with over $160 billion in stock, said he…
US Dollar Index (DXY) falls to 99.47 after a false break at the 100.00 level. Nonfarm Payrolls rise by 177,000, surpassing estimates but showing a slowdown in growth. The Australian Dollar strengthens, trading near 0.6430 amid easing trade tensions with China. The AUD/USD pair sees gains on Friday, strengthening to near 0.6430 as the US Dollar softens. After a…
