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Our New Global Economy | Johnny Harris

Gold (XAU/USD) has long been a valued commodity, historically used as a symbol of wealth and a form of currency. In modern trading, it serves as a hedge against economic uncertainties and is traded through mechanisms like ETFs and futures. Central banks also hold gold as a reserve, while demand from the jewelry sector significantly impacts its price. Factors influencing its cost include supply and demand, geopolitical events, and the strength of major currencies. As technology advances, gold's role in the trading industry is continually evolving.

Reshaping the Global Economy: Understanding the Shift Towards Economic Nationalism In recent years, we’ve witnessed a significant transformation in the global economic landscape, characterized by a resurgence of economic nationalism and a departure from the principles of free trade. This shift, driven by a combination of geopolitical tensions, technological advancements, and domestic concerns, has far-reaching […]

Wall Street’s Sudden Nosedive: Unpacking the Market’s Unexpected Turn!

Market Update - Daniel Ang The Accidental Trader Traders Academy International 5

Wall Street experienced a dramatic shift, erasing recent gains and sparking global market fluctuations. Key indicators point to a complex interplay of factors influencing this sudden change. Top 3 Key Points: Wall Street closed lower on Wednesday, with an abrupt nosedive in the late session ending a notable rally spurred by discussions of impending interest […]