Author: <span>backcom_webt</span>

Trump’s 25% Steel and Aluminium Tariffs Take Effect Amid Recession Fears

Donald Trump’s 25% tariffs on steel and aluminium imports into the US took effect on Wednesday, sparking concerns about a potential domestic recession. The new levies also extend to derivative products, such as tennis rackets and air conditioning units, as part of Trump’s continued push for a protectionist trade agenda. Implementation of Tariffs The tariffs […]

What is CFD? How the CFD Market Works

What is CFD? CFD is known as an extremely familiar form that anyone participating in the forex market has heard of. However, understanding what CFD is, how CFDs work, and how to trade CFD contracts most effectively is not something everyone can do. If you are one of them, don’t miss this article from Finance […]

Ontario Imposes 25% Surcharge On US Power Exports Amid Trade War Escalation

The Canadian province of Ontario has imposed a 25% tariff on electricity exports to the US in retaliation for President Donald Trump’s tariffs. This move is expected to impact 1.5 million households and businesses in Michigan, Minnesota, and New York, significantly increasing energy costs. Impact on US States Ontario Premier Doug Ford announced the levy […]

Global Markets Extend Losses Amid US Recession Fears

Global stock markets continued their decline as investors reacted to fears of a US recession and the unpredictable trade policies of President Donald Trump. Asian markets followed Wall Street’s downward trend, reflecting increasing concerns about the global economic outlook. Asian Markets Decline On Tuesday, major Asian stock indices fell sharply: Japan: The Topix dropped 1.9%, […]

What is GAP? Gap Trading Strategy in Forex

In the Foreign Exchange (Forex) market, we often encounter the occurrence of Gaps. These gaps in the chart typically appear at the opening of the Forex trading session at the beginning of the week or in some very special cases. This gap is referred to as a Gap. In the stock market, however, Gaps occur […]

What is Myfxbook? Selling Signals on Myfxbook and How to Autotrade

Myfxbook – a term that may be quite familiar to some traders. The Myfxbook platform provides a range of tools and services to enhance the forex trading experience. So, what is Myfxbook? How do you use Myfxbook? How does selling signals on Myfxbook or copy trading on Myfxbook work? Read the article below to find […]