Economic News
A good information provider is one who provides information that is useful for your trading. You should make your assessment subjectively, when trading stocks you will need information from companies, industries and general information. When trading currencies, I use the calendar, I read ING Think, I follow what Reuters publishes, I visit Forexlive.
Factual and quick information
Professional comments
Experts' opinions
Large number of monitored markets
A provider of economic information from virtually all over the world, divided by main sectors and markets. The website is rich in comments and analyses, undoubtedly an opinion-forming source of information. Reuters attracts the attention of many investors and traders who enter into transactions every day, so the information published there can be said to create the sentiment prevailing on the market.
By browsing Reuters, we get access to the latest information grouped by industry. If we are interested in news about banks, monetary policy or future IPO issues, you can find this information in the Business: Finance category. If you are interested in news from the crypto market, there is a section called Future of money, and if you are interested in news related to medicine, visit Future of Health.
Reuters is undoubtedly a source of daily information that you should read before trading, find out if there is any new information that changes the nature of the market, read the content of comments and analyzes to assess whether the prevailing attitude towards the market is consistent with yours. If, when delving into the content, you see that a lot of content, comments or messages concern, for example, upcoming interest rate cuts, this will certainly be reflected in the rates of individual currencies.
ETF Brokers
Brokers for investment funds and ETFs (Exchange-Traded Funds) provide investors with access to widely diversified portfolios managed by professionals. Investing in units of investment funds and ETFs allows for risk diversification and long-term portfolio value building. Investment funds enable investors to pool capital to invest in a variety of assets, while ETFs, traded on exchanges like stocks, offer liquidity and trading flexibility. Brokers like Vanguard and BlackRock offer a wide range of funds and ETFs, tailored to various investment strategies and financial goals.
Reputable ETF Brokers
Economic Calendars
Economic calendars are essential tools for traders, allowing them to track key economic events that can affect financial markets. Using an economic calendar enables better transaction planning and minimizes the risk associated with unforeseen events. An example of such a calendar is the one available on Investing.com, which includes information on upcoming macroeconomic releases, central bank decisions, and corporate earnings reports. This data is crucial for traders in global markets, including Europe, the UK, and the US.
Useful Economic Calendars
Futures Prop Trading Firms
Prop trading firms specializing in futures trading provide traders with trading capital, which can be allocated based on performance in specific tests or purchased challenges. Futures contracts allow speculation on future prices of commodities, indices, currencies, and financial instruments, offering flexibility in trading strategies. These firms offer educational support, including technical analysis courses, futures strategy training, and mentoring. With these services, traders can effectively manage risk, leverage trades, and operate in a rapidly changing market environment.