Forex Education in SA
Fortunately, there are various resources available in South Africa for traders looking to learn more about forex trading.
Synthetic Indices
In this article, we will explore what synthetic indices are, how they work, and their role in the forex market.
Pakistan posts highest-ever annual inflation; stampedes for food kill 16
By Asif Shahzad ISLAMABAD (Reuters) – Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier, the statistics bureau said on Saturday, as at least 16 people were killed in stampedes for food aid.
South Korea March exports drop but not by as much as expected
SEOUL (Reuters) – South Koreas exports fell in March year-on-year for the sixth month in a row, hit by a cooling global economy and a persistent slump in the semiconductor sector, but exports did not fall by as much as expected, data showed on Saturday.
US bank deposit outflows decelerated in second week after SVB collapse
(Reuters) – Deposits at all U.S. commercial banks fell in the week ended March 22 to their lowest since August, but at a slower rate than the week before, and stabilized at small lenders seen as more vulnerable to outflows after the failure of Silicon Valley
IMF unlocks $5.4 billion in funds to Argentina, boosting reserves
By Jorge Otaola and Rodrigo Campos BUENOS AIRES (Reuters) -The International Monetary Fund (IMF) approved Argentinas fourth review under its $44 billion loan program on Friday, unlocking the disbursement of $5.4 billion to the indebted country, the lender said in a short statement.
Mexico draft budget sees economic growth up to 3%, inflation cooling
MEXICO CITY (Reuters) – The Mexican economy is seen expanding up to 3.0% both this year and in 2024 as consumer price inflation is expected to slow, according to a copy of the governments draft budget document seen by Reuters on Friday.
Resilient U.S. stocks failing to factor in recession, investors fear
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks have soldiered on through a banking mess to notch solid first-quarter gains. Some investors say that performance could come under pressure if a widely expected recession hits.
Teslas price war: cheaper cars expected to drive record sales
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla Inc investors are waiting to see how much Elon Musks price cuts will pay off: the electric vehicle (EV) maker is expected this weekend to report record sales as cheaper sticker prices, helped by U.S.
Feds Williams says financial conditions key to rate policy outlook
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Bank of New York President John Williams said Friday uncertain developments with financial conditions will be a key contributor to his thinking about whats next for central bank interest rate policy.
Fed‘s Collins says latest inflation data doesn’t change policy path yet
By Michael S. Derby WASHINGTON (Reuters) – Boston Federal Reserve President Susan Collins said on Friday that wherever the U.S. central bank stops with its interest rate rises, maintaining that level for some time will be critical in helping to lower high inflation back to the
U.S. diesel stocks bounce in sign of economic slowdown
By Laura Sanicola (Reuters) – A slowing manufacturing sector is starting to put a dent in U.S. diesel demand, traders and fuel experts said this week, helping rebuild stocks that were extremely tight a year ago and cooling fuel prices.
Ecuador central bank cuts 2023 growth forecast due to lower oil exports
QUITO (Reuters) – Ecuador‘s central bank on Friday cut the Andean country’s economic growth forecast for the year to 2.6%, from 3.1%, citing the impact of reduced oil exports, and said economic growth in 2022 was 2.9%
What crisis？ U.S. bank-focused ETFs see strongest demand in months in March
By Lisa Pauline Mattackal (Reuters) – March recorded the worst U.S. bank failures since the 2008 crisis, but that did not stop some investors from snapping up battered financial stocks to bolster their bets on the sectors long-term health, fund-flow data showed.
Broker Scams in South Africa
In this article, we'll explore how brokers scam traders in South Africa and what you can do to protect yourself.
Puerto Rico solar switch a life and death matter -US energy chief
By Timothy Gardner ADJUNTAS, Puerto Rico (Reuters) – For U.S. Energy Secretary Jennifer Graholm, the transformation of Puerto Ricos power grid to solar and other renewable power, after hurricanes wiped it out in 2017 and 2022, is an imperative that goes beyond addressing climate change.
U.S. government to provide $1 billion for rural renewable energy
By Leah Douglas (Reuters) – Rural small businesses and farmers will be eligible to apply for $1 billion in grants to invest in clean energy beginning Saturday, the U.S. Department of Agriculture and the White House announced on Friday.
U.S. Social Security fund seen depleted 2033, year earlier than previous estimate
WASHINGTON (Reuters) – The U.S. Social Security system‘s main trust fund’s reserves will be depleted in 2033, one year earlier than estimated last year, while Medicare‘s finances have improved slightly, reports from the programs’ trustees showed on Friday.
Forex Trading in South Africa: A Few Steps You Need to Follow
If you are looking to start trading forex in South Africa, there are a few steps you need to follow.
Reactions to Canadas Rogers-Shaw deal approval
(Reuters) – Canada on Friday approved Rogers Communications Incs C$20 billion buyout of Shaw Communications after securing commitments to promote competition in a country with some of the highest wireless bills in the world.
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