3.Be familiar with trading rules and contract specifications
Having read the previous article, investors should have some understanding of the basics of financial markets in general. Here we will introduce some points that investors need to pay attention to when entering the market to help you trade more efficiently. View more
2.Determine your investment direction and mindset
As a trader, figuring out investment goal, like how and where to invest, and build the right trading mindset is a seemingly easy but difficult and lengthy process. This process will usually differ person to person and not be the same. Some may study trading strategies first, while others may begin going through many practical transactions. There may be experienced traders who have not understood it after a long time, and there may be newcomers who gain a sudden insight after trading for a short time. View more
What is Bear Market? 4 Signs of Bear Market and Investment Strategies
This article will explain the common signs of a bear market and the phenomenon of a bear market rebound, and give advice on bear market investment strategy. View more
ZFX: Markets were mixed amid the US stimulus bill
Overall, the risk appetite from the $900 billion of the coronavirus stimulus bill was overshadowed. In other words, it may be a typical “buy the rumor sell the news” as such “bullish” has been “priced in”. The dollar, which is deemed as the only “relative” safe haven, may go further stronger if the uncertainties remain. View more
ZFX: Pound is heading for a delayed breakthrough amid Brexit deal uncertainty
However, what is doubtful to the investors is that the deadline of the negotiations between the UK and EU has been postponed again and again. Both sides decided to continue the negotiation for the Brexit agreement on Sunday, causing a gapping up of the Pound this week. They agreed to put last every effort to reach the deal. So now, the investment market is again optimistic that an agreement of Brexit can be made finally within this week. View more
ZFX: Cautious sentiment arises amid the uncertainty of UK-EU talks
European stocks are expected to open lower as well, following the momentum of Asian session. The market focus now is the UK-EU talks over the Brexit trade deal, weighing on the risk appetite. ZFX analyst Jacob Leung said that the markets are quite “struggling” despite the bullish move in the US session last Friday. “Hard Brexit” would likely be the key uncertainty this week. View more
ZFX: Mixed sentiment maintains! Dollar index tested 91 edge
ZFX analyst Jacob Leung said that, the positive progress of Covid-19 vaccine development weakened the safe haven demand for gold obviously these days, pushing the gold price down around $200/Ounce. Such a sharp rebound of gold price may include technical correction, which means that we can’t be so optimistic in the short term, especially near $1830-$1840 big resistance area. View more
ZFX: Traders turn to be cautious amid correction markets
Oil market should be one of the focus recently. The coronavirus vaccine effectiveness, a weaker dollar, and the better economic figures are all driving such risk-on rally in oil prices. On the other hand, gold price tested $1800 level in previous sessions. Even gold price bounced back a bit on Wednesday, traders were still cautious. ZFX analyst Jacob Leung said that, there is obviously a resistance near $1820 level, triggering a fast retreat on Wednesday. View more
ZFX: Markets boosted by hopes! Risk-on sentiment maintained?
Riskier currencies gained on Tuesday as investors are now rebalancing their portfolio after the rebound of the dollar. ZFX analyst Jacob Leung said that, the economic data in the US was just favorable the greenback in a very short term, based on the economic recovery prospective. However, after digesting the news all around, positive sentiment hurts the safe-haven dollar. View more
2. What are commodities?
Commodities are tangible assets, including agricultural products, raw materials, energy, and metals, which are often used in daily life as the basis for the production of goods and services. Commodities are normally described by "Bulk", which generally refers to the asset class that is large in number or volume and involves considerable storage space. View more