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.
Eeconomic analyses
Professional forecasts
Comments from specialists
Sector information
The ING Think economic website is a rich source of economic content, professional analyses, various types of statistics and comments on events, publications and speeches of people deciding on monetary policy. ING Think is a powerful dose of economic information, the website is divided into three main categories: Markets, Economy, Sectors.
The Market category is divided into four subcategories that catalog information from the forex market (FX), the credit market (Credit), a very similar topic regarding interest rates (Rates) and the commodity market (Commodities). The Economy subcategory is mainly a territorial division, we have subcategories such as Europe, North America and Asia/Pacific. Additionally, there are two more subcategories: Trade and AI. The division into sectors includes Commodities, Energy, Finance and Logistics.
While writing this description, I can read on the first page of ING Think, for example, about household spending in the US, about the increase in the efficiency of construction companies due to a mild winter, or a comment on the ECB conference, which shows that the probability of rate cuts at the next meetings is increasing.
On the ING Think website we can also find Forecasts, where current forecasts issued by ING regarding economic growth, inflation and interest rate policies of individual countries are published. In addition, forecasts regarding 3-month, 10-year interest rates or prices of basic raw materials.
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.
