Anum Qudsia Siddiqui - KASB | KTrade

Top Economic Events of This Week | January 15 – January 19 – 2024

This week, all eyes are on a series of pivotal economic events that have the potential to significantly sway the financial markets. From key releases in the UK and EU to crucial data from the USA, each announcement carries the weight to influence major currency pairs and indices.

The first key release of the week will be on Tuesday at 9:00 GMT+2 in the United Kingdom. This is the Claimant Count Change, which presents a change in the total number of people claiming unemployment benefits during the given month. The indicator is calculated based on administrative data from the benefits and social support system.

Active Vs. Passive Investment: Which Should You Choose?

Adviser shows active investing vs passive investing pros and cons.

Investing is the conscious management of your money that demands careful consideration of risk and return. In the financial world, two primary approaches dominate the landscape: active and passive investing. Choosing between them depends on an investor’s goals, risk tolerance, and time horizon. In this blog, we’ll explore the key distinctions between active and passive investment, drawing insights from both traditional wisdom and contemporary research.

Active investment is a hands-on approach where investors directly engage with individual stocks, either through personal decision-making or by entrusting fund managers or financial advisors with the task.

NAGA Weekly Recap December 18 – 2023 – December 22 – 2023

As we conclude the last full business week of 2023, the markets have witnessed significant shifts. From the abrupt halt of the stock market rally to the impactful news of Apple Watch sales being blocked in the U.S., these events have notably influenced market dynamics. For a detailed analysis and insights into these pivotal developments, dive into our comprehensive review below 👇

A record-setting stock rally took a breather after a string of gains

Top Economic Events of This Week | December 11 – December 15 – 2023

This week, financial markets are keenly anticipating the Federal Reserve’s policy meeting and the release of the Fed’s economic projections. Additionally, there are expectations for interest rate decisions in both Britain and Europe, which are crucial events not to be missed. These developments could impact various assets and trigger volatility, including movements in the US Dollar and stock markets.

Here are five economic events that could affect your portfolio this week.

NAGA Weekly Recap December 4 – 2023 – December 8 – 2023

In this week’s economic digest, we delve into the dynamic shifts in the financial landscape. From Alphabet’s AI advancements stirring the tech market, to OPEC+’s influence on fluctuating oil prices, and the intriguing movements of the USD/JPY amidst policy speculations – each event paints a vivid picture of the current economic scenario.

How will these pivotal moments shape the global economy?

The Benefits of Trading in Gold

Trading in gold can offer several potential benefits, making it an attractive investment option for many investors. KTrade Global Markets offers investment in gold through PMEX. But why should you trade in gold? Here are some of the key benefits:

1. Diversification:

Top Economic Events of This Week | December 4 – December 7 – 2023

As we head into this week, several key economic events are poised to unfold, each with the potential to trigger significant market volatility, especially as the year draws to a close. From pivotal job reports in the US to critical interest rate decisions and GDP announcements, these releases could offer numerous opportunities for potentially profitable trades.

With NAGA, navigating through these economic events becomes more straightforward. As a premier social trading platform, we offer you the unique opportunity to join in on social trading, invest with insight, follow market trends, and copy the strategies of leading traders.

Understanding the Fiscal Year

The world of finance and investing can be complex and intimidating, especially for beginners. In this blog, we’re going to demystify an essential concept: the fiscal year. Understanding what a fiscal year is and how it impacts businesses and investors is crucial for making informed financial decisions.

A fiscal year is a 12-month accounting period that a company uses to report its financial performance. Unlike the calendar year, which typically runs from January 1st to December 31st, a fiscal year can start and end at different times. In Pakistan, the fiscal year starts July 1st, and ends June 30th the following year.

Bullish Surge: EUR/USD Hits Highs, Eyes 1.10400 Breakout

EURUSD 4HR Timeframe 24 November 2023

Since October 3, 2023, the EUR/USD pair has exhibited a consistent uptrend on a 4-hour timeframe. This uptrend gained significant momentum around November 3, 2023, propelled by strong news releases such as the Non-Farm Payrolls (NFP), unemployment rate, and ISM Services PMI. This bullish trend was anticipated technically by the crossing of the 20-period simple moving average (SMA) above the 100 and 200-period SMAs, a robust technical indication of a possible bullish move. The EUR/USD pair has been forming higher highs and lows, currently trading around the significant psychological level of 1.0900, which suggests a medium to long-term bullish outlook.

How To Trade In A Bullish Market

A bullish market is characterized by optimism, confidence, and an overall positive outlook on the economy. In this blog, we will delve into the nuances of a bullish market, exploring what it means, its key indicators, and how investors can navigate these optimistic waters.

A bullish market is essentially a period marked by rising asset prices, increased investor confidence, and an overall positive economic outlook. This optimistic sentiment is reflected in the willingness of market participants to buy and hold securities, anticipating further price increases. Investors in a bullish market are generally optimistic about the future, believing that economic conditions will improve, and corporate profits will rise.