2019 in Numbers It was a fruitful year. Marketips managed to help more than 12.000 traders to boost the skills and move their trading plan to the next level. Valuable advice of our experts let 6,525 clients a chance to double their average daily profits and become more confident with their market behavior. In 2019, we created 65 webinars, the development of which was motivated by real traders’ needs. We considered not only FX-related topics, but soft skills as well because they are no less important when it comes to the stress that the market volatility implies. In total, we sold +23,000 webinars gifting the most valuable currency in the world – the knowledge! We are looking forward to 2020 to individually solve the issues you face, disclose your potential and inspire for improved performance and increased income.
Stay tuned for more updates. Happy New Year!
Category: News
Why is NFP Crucial for your Trades?
The most anticipated report for the major economies is the one that displays how the employment rate changes. The US version of such analytics is NFP (Non-Farm Payroll Figures) which is released on the first Friday of every month. It shows 80% of workers employed in manufacturing, construction, and goods. The numbers that appear in NFP give an insight into the global economic situation. They point at the spheres that survive ups and downs, the unemployment percentage, hourly earnings, and revisions on the previous NFPs. The data from the report affects mostly FX, indices, and commodities. In the case of a strong economy, the US dollar price rises and attracts global investments. Thus, trading on major currency pairs is highly popular. On the contrary, health US economy can negatively affect American indices (Dow Jones, S&P 500, and NASDAQ). In times of poor economic performance, people tend to trade safer instruments like gold or silver. The latest NFP is going to be released on January 10, 2020. Don’t miss your chance trade successfully based on the info you get from NFP.