Contrarian traders bet against the crowd, staking their money on the basis that markets will wrong-foot most investors most of the time. Are they courageous mavericks or arrogant and deluded – and do they make or lose money?
America’s central bank is meeting as many observers believe the strength of the US economy justifies further rate rises. But while jobs and prices are robust, growth and consumer spending have slowed.
America’s trade gap in goods has narrowed slightly, thanks to a fall in imports. But with President Trump slapping tariffs on steel and aluminium, a full-blown trade war is in the offing.
Retail sales in the eurozone during May reversed April’s fall and hit a three-month high, according to new figures. Germany led the way, with sales reaching a 13-month peak.
Employment growth has been a centrepiece of the Trump administration’s economic record. Figures later today may show whether the long-term trend remains encouraging.
The energy cartel OPEC meets in Vienna this month as a successful deal to curb production has buoyed the oil price. But the arrangement expires at the end of the year, so what comes next?
The Epsom Derby on 2 June 2018 is one of the world’s great horse-races. Less appreciated is that the Derby is also big business, from sponsorship and hospitality to betting in the tens of millions of pounds.
Contracts for difference make up an increasingly popular route to the trading of financial assets of all kinds. But fees and commissions vary greatly across brokers, assets and markets, so here we help you to cut through the confusion.
Tate & Lyle’s shares jumped more than five per cent after news of a 23 per cent profit surge. The global ingredients giant achieved the profit rise despite a two per cent fall in sales.
The frenzied atmosphere of a dealing floor is a gift for film-makers and a natural subject for documentaries. Day traders are spoiled for choice, so we have made a must-watch selection of just five films and documentaries.
For CFD traders, moving averages in the price of any financial asset can provide valuable indications as to future trends. Moving averages can be a powerful weapon in a day trader’s armoury.
Renowned UK retail giant Marks & Spencer pays costs of store closures but maintains the dividend. The company says start of its transformation plan is “well under way”.
Are Royal weddings good news for investors? We draw some light-hearted lessons from history about their possible impact.
British Land, one of the biggest real-estate operators in the UK, saw its shares rise today despite a modest decline in underlying profit. Dividends were increased by three per cent and borrowings were reduced.
A sound and robust trading plan is essential for anyone seeking success in the markets. Without one, a trader will flounder and almost certainly lose money.