Month: December 2022

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TTC Forex University – Risk management is a vital aspect of forex trading that involves taking steps to minimize potential losses and maximize profits. In this video, we will explore strategies such as setting clear goals and risk tolerance levels, Utilizing Stop losses, using risk management tools, and calculating position sizes to complete a
December PMIs from China’s National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP). Manufacturing 47.0 prior 48.0 Services 41.6 prior 46.7 Composite 42.6 prior 47.1 Languishing with the renewed COVID-19 outbreak as China moved rapidly towards reopening. While widespread lockdowns are a thing of the past self-imposed isolation and illness
The Russia-Ukraine war, US Fed’s aggressive rate hikes, and persistent worries about China’s economy cast extreme volatility in commodity prices throughout 2022. There was an abrupt rise in commodity prices when Russia invaded Ukraine in the last week of February. Supply constraints and worries about inflation have helped prices to surge to their record or
Iron Ore has been one of the worst-performing commodities this year. Hopes of a China recovery in the second half of 2023 should provide support in the medium term. The short-term outlook is more bearish, strategists at ING report. Iron Ore’s rout to continue until China recovers “We believe the short-term outlook remains bearish with
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