EUR/GBP relinquishes recent advances： EUR/GBP experienced an unusual uptick on Friday amid easing tensions between Israel and Iran. Furthermore, Deputy Governor Dave Ramsden of the Bank of England expressed expectations for a significant decline in inflation towards the target in the upcoming months, signaling a dovish stance to the market. Attempting to counter such sentiments,...
Category: News
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Principles and Implementation Methods of Trend Following Trading Strategies
Trend following trading strategies are built upon a profound understanding of market characteristics. The core principle acknowledges that markets often exhibit sustained trends over a period of time, rather than fleeting fluctuations. Traders would leverage this principle by aligning themselves with the primary market trend direction to identify trading opportunities and capture profits as trends...
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Market Revolution: Bitcoin ETFs arrive in 2024!
New Bitcoin ETFs Approved! 🚀 Discover the cryptocurrency market revolution of 2024. We look at the implications of ETFs recently approved by US regulators and how they will reshape crypto investing. Pros, cons and perspectives of large financial institutions revealed. New Bitcoin ETFs have been approved by US regulators. Wall Street’s big investment houses have...
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WTI Crude Oil December Contract falls by 5%
U.S. crude oil prices experienced a 5% decline on Thursday due to an increase in inventories coupled with concerns about diminishing demand amidst a drop in industrial production. The West Texas Intermediate December contract saw a USD$ 3.76, or 4.9%, decrease, settling at USD$ 72.90 per barrel, while the Brent January contract also dropped USD$3.76,...
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Get to Know our Ticket System!
At Zero Markets, we are committed to continually improving our services to make your experience as seamless as possible. We are excited to introduce our latest enhancement - The Ticket system, designed with your convenience and time savings in mind.
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Australia Recommits to Opening Up Economy by Dec
Australian Prime Minister Scott Morrison said most state and territory leaders have recommitted to opening up the economy by December, but failed to secure an immediate agreement to lift border restrictions that are hampering the recovery. The nation has fragmented along state lines, with many leaders barring travel from the two most-populous states of New...
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Asia Stocks Drop; Nasdaq Futures Continue Slide
Global stocks fell Friday as a rotation away from high-flying tech stocks gained steam amid question marks over the sustainability of lofty valuations. Shares dropped across Asia, though losses were smaller than those seen in the U.S. overnight, as trader focus turned to the non-farm payrolls report later Friday. S&P 500 futures slipped after the...
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U.K. Has ‘Huge’ Interest in Southeast Asia
The U.K. government and businesses already were focused on deepening partnerships in the Asia-Pacific region before the coronavirus pandemic, and now are doubling down on promoting free trade and digital partnerships there, the country’s trade commissioner for Asia-Pacific said in a Bloomberg Television interview. U.K. trade with Southeast Asia is up 70% over the past...
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Global Stock Rally Extends; Euro Slips Further
Stocks in the Asia-Pacific region rose after U.S. equities set a fresh all-time high, with investors assessing signs that a record-breaking global rally is broadening into other sectors and away from technology. South Korean shares outperformed, with those in Japan, Australia and Hong Kong also higher. Euro Stoxx 50 futures were up 1%. S&P 500...
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Australian GDP Falls by Most on Record
Australia’s economy contracted by the most on record last quarter, underscoring the need for unprecedented stimulus measures as the recovery from the nation’s first recession in almost 30 years is buffeted by Victoria state’s renewed Covid outbreak and lockdown, Gross domestic product plunged 7% from the first three months of the year, the largest fall...