CMC Markets
Top 7 Forex Trading Apps for 2021
Mobile phones these days aren’t merely for entertainment and conversations. It has also made a lot of things more convenient for many users, including trading. Trading via smartphones allows easier access to your account and more benefits any time of the day regardless of your location. Because of this, you can get more opportunities that will help you grow your money. In fact, because of this, you can indulge in the market 24/7. Apps can also have various features that will help you trade better and have a better experience depending on your needs. With such apps, you won’t need to analyze big overwhelming charts. You can also take advantage of trend indicators and oscillators. However, it’s so easy for beginners to know where to start as numerous forex trading apps appear left and right ...
Oil prices slide in lockdown-driven rout
Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound. Both main oil contracts fell five percent for part of the day before clawing back some of their losses, extending this week’s meltdown to plumb four-month lows on virus-driven demand fears. “The new lockdowns have since yesterday caused a carnage in the oil market,” said Bjornar Tonhaugen, head of oil markets at Rystad Energy. “Oil demand will lose ground as a result of the new lockdowns… Prices now naturally decline on this grim prospect,” he added. The drop in oil prices will increase the pain on oil companies. Exxon Mobil announced Thursday it was eliminating 1,900 US jobs as part of a cost-cutting drive necessitated in part ...
