Most Asian markets rose on Tuesday morning as the acquisition of large parts of the failed Silicon Valley Bank (SVB) by the First Citizens BancShares eased fears regarding the US banking sector. Deutsche Bank’s shares got a boost on Monday on the back of investors’ optimism. In the UK, the Bank of England’s governor Andrew Bailey is expected to testify regarding the SVB UK developments before the Treasury Committee. Bailey repeated on Monday that the UK’s banking sector is resilient and in a good position to support the country’s economy. Commenting on the eurozone’s economy, economists at S ..read more

When you turn your coffee maker on in the morning, and the first smell of the hot beverage wakes you up, you definitely don’t think about trading coffee. However, coffee is not all about drinking. Trading coffee is a major part of agricultural commodity trading. More and more people consume coffee in their everyday routine so demand increases. Our blog will share some interesting information about coffee as a commodity so keep reading. Coffee: The World’s Second Most Traded Commodity  The coffee beverage that we enjoy daily is prepared from roasted coffee beans, but you probably already ..read more

The US Federal Reserve (Fed) will announce its decision on interest rates later today. The CME’s FedWatch Tool indicates an 88% probability of a 25 basis points rate hike, despite the turmoil in the banking sector. Jerome Powell is expected to deliver his remarks right after the Fed’s governing board meeting. Investors and traders will scrutinise his remarks to understand if the central bank will be focusing on price or financial stability. On Thursday, it will be the Bank of England’s (BoE) turn to decide on interest rates. Earlier today, the Office for National Statistics (ONS) announced th ..read more

After ending last year down –33%, FedEx shares have enjoyed an impressive +26% rally this year so far. To ascertain whether this is just a bear market rally for the stock, investors have been keeping a close eye on the company’s earnings report.   Learn more about FedEx’s recent earnings report, what the analysts are forecasting for the stock and how to trade it below. Stock: FedEx Inc Symbol for Invest.MT5 Account: FDX Date of Idea: 21 Mar 2023 Time Line: 1 - 6 months Entry Level: $227.00 Target Level: $305.00 Position Size for Invest.MT5 Account: Max 5% Risk: High ..read more

Natural gas is one of the most important energy sources in the world. Trading natural gas has drawn attention in recent years, especially after the clash in Ukraine started. The reason behind this is that Russia, one of the most important gas producers in the world, faced sanctions imposed by the US, EU and other countries. European Union countries tried to reduce natural gas consumption while other countries found the opportunity to ramp up their natural gas production. Many countries have turned to renewable energy as well as natural gas to cover their energy needs. This blog will share som ..read more

The European Central Bank (ECB) interest rate decision will draw traders’ attention on Thursday. The ECB’s head Christine Lagarde said last week that “we must continue to take whatever measures are necessary to bring inflation back to 2%. And we will do so.” The ECB has raised interest rates by 3% since July 2022. Later today, the UK’s Chancellor, Jeremy Hunt, will deliver the budget, outlining the government’s spending plans. Economists suggest that Hunt will announce tax breaks for businesses investing in the UK. ECB interest rate decision On Thursday, the ECB’s governing board will announc ..read more

The collapse of SVB and Signature banks in the US and the US CPI inflation report due to be published later today draw investors’ attention. Some market analysts suggest that the US Federal Reserve could pause its monetary policy tightening plan to avoid the start of a new banking crisis. Data released by the Office for National Statistics (ONS) earlier today showed that the UK’s unemployment rate fell to 3.7% in the three months to January. Economists pointed out that job vacancies fell for the eighth month in a row as companies blamed economic pressures for holding back on hiring new staff ..read more

American beauty retail chain Ulta Beauty recorded 2022-year end earnings that exceeded $10 billion revenue for the first time in its history. While there have been concerns about a slowing economy and a more cost-conscious consumer, analysts have taken an interest in the stock.   Learn more about Ulta Beauty’s recent earnings report, what the analysts are forecasting for the stock and how to trade it below. Stock: Ulta Beauty Inc Symbol for Invest.MT5 Account: ULTA Date of Idea: 13 Mar 2023 Time Line: 1 - 6 months Entry Level: $539.00 Target Level: $650.00 Position Size fo ..read more

How many times have you read about trading cocoa? The answer is probably not too many. Agricultural commodities are a big part of global trading activity. Cocoa is an important commodity traded worldwide as it is one of the basic ingredients of our everyday diet. Many factors affect cocoa’s supply and demand. In this blog, we will share the necessary information that beginner traders should have at their disposal regarding trading cocoa. Learn the fundamentals of cocoa Archaeological research has shown that the cacao tree was first domesticated in equatorial South America. Archaeologists sugg ..read more

The US dollar strengthened against its competitors on the back of Jerome Powell’s hawkish speech before the Senate Banking Committee. Powell said that the Federal Reserve is ready to go higher for longer as a series of economic data reports show a tight labour market combined with high inflation figures. Blackrock’s economists suggested that “we think there’s a reasonable chance that the Fed will have to bring the Fed Funds rate to 6%, and then keep it there for an extended period to slow the economy and get inflation down to near 2%.” Fed’s Jerome Powell: More rate hikes likely to come Feder ..read more