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2023-04-19 12:02:04 Eurozone Consumer Price Index (СPI) data will be published on April 19 at 09:00 am UTC. It represents the inflation rate that is used to calculate the living wage.

Potential scenarios:
Data above 6.9% may drive EUR/USD up.
Data below 6.9% may drive EUR/USD down.

Do you think EUR/USD will rise or fall? React with or .

 The earnings season is the best time for traders to profit on companies’ reports. Join the Olymp Trade exclusive club to get push notifications with signals on potentially profitable trades.

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2023-04-19 10:01:35 Baidu’s shares fell by -6.87% over the past week.

On August 5, 2005, Baidu made its debut on NASDAQ at a share price of $27. As the top Chinese search engine, this online service provider ranks fourth in the global market in its sector.

What’s causing Baidu’s drop?

China is implementing stringent regulations governing the use of artificial intelligence, including security checks and content liability. This will make it difficult to incorporate AI services into the company’s products.

Furthermore, businesses must overcome US restrictions on purchasing advanced microchips.

Should you invest in Baidu?

The drop in Baidu’s shares is a temporary setback and presents a good buying opportunity. The company continues to demonstrate solid revenue, profit and search market share growth in China.

Baidu intends to bypass the authorities’ restrictions by integrating the Tongyi Qianwen language model into all of its products. The company is also working on innovative AI and autonomous vehicle initiatives.

You can capitalize on this trend by opening a trade on Baidu stock in Forex mode on our platform.

Olymp Trade English Open / Comment

2023-04-19 09:01:43 Our Ramadan charity campaign is officially over.

We’ve assembled 3,116 food baskets with rice, sugar, dates and other groceries

Their total cost is 1.000.000 EGP.

Our team helped the Misr El Kheir Foundation with unloading and distribution, so that the baskets could reach their recipients faster.

We can now confidently say that Every 1 Counts was a success. Thanks to our joint efforts, 3,116 families now have enough food to enjoy iftar meals.

Thanks to everyone who made it possible

Olymp Trade English Open / Comment

2023-04-18 14:24:27 It’s essential to monitor how certain events affect the fluctuation of asset prices, since various factors influence their movement.

We’ve created a handy chart showing the correlation between Meta’s stock price and significant world economy events.

Meta Platforms, Inc. (META) is among the most renowned American IT companies. It develops social networks, such as Facebook, Instagram, WhatsApp and others. In recent years, it’s been actively developing its metaverse and augmented and virtual reality technologies.

Here are the most significant events that have affected the company’s stock price since the beginning of this year:

On March 22, the US Treasury Secretary Janet Yellen expressed doubts about the prospects of cryptocurrencies, calling them a threat to financial stability. It caused a collapse in the market for cryptocurrencies and tech stocks, including Meta’s.
On March 13, the media published the company’s plans to lay off about 10,000 employees and eliminate about 5,000 additional jobs. Meta’s stock price grew by more than 7% on March 14, rising just above $194 per share — well ahead of the market.
On Feb. 28, the stock price rose in response to the demand for AR and VR products, and analysts predicted further increase in the company’s revenue and user base.
On Feb. 1, the stock price rose by more than 23% after the company released its Q4 2022 earnings report. It provided an optimistic outlook for 2023 and announced a $40 billion stock buyback.
On Jan. 25, Meta’s management decided to unblock former US President Donald Trump’s accounts on its social networks.

Did you enjoy this review? Let us know in reactions.

The earnings season is the best time for traders to profit on companies’ reports. Join the Olymp Trade exclusive club to get push notifications with signals on potentially profitable trades.

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2023-04-18 11:01:52 For a country’s population, an increase in CPI signifies that the cost of living is rising, and the currency’s purchasing power is decreasing

For traders, the CPI release is an opportunity to trade currency pairs and indices on the news.

When the CPI growth is high, it’s more likely that the country’s central bank will raise its interest rate to contain inflation. This results in an increase in demand for the domestic currency, causing it to go up in the short term after an upside surprise in CPI. However, the country’s indices may fall as higher rates increase business costs.

On the other hand, low CPI growth may prompt a country’s central bank to consider a rate cut. This decreases demand for the domestic currency, causing it to go down in the short term after a downside surprise in CPI. Conversely, stock indices may rise as lower rates will decrease business costs.

At Olymp Trade, we closely monitor CPI changes and provide our traders with valuable insights and analysis on the impact of CPI on the financial markets. Stay informed and make better trading decisions with us

#OT_trading_glossary

Olymp Trade English Open / Comment

2023-04-17 13:30:07 The previous week was full of profit-making opportunities.

Let’s look at the five assets that impressed us most.

Baidu stock lost 7.4% of its value when the company unpersuasively launched its ChatGPT analog.
Bitcoin is growing as investors are getting more cautious about traditional assets due to the recent turmoil in the banking sector.
The UK FTSE 100 has grown amid Europe’s economy strengthening, and most of the included shares are increasing in value.

Would you buy BTC right now? React with or .

 The earnings season is the best time for traders to profit on companies’ reports. Join the Olymp Trade exclusive club to get push notifications with signals on potentially profitable trades.

Olymp Trade English Open / Comment

2023-04-17 12:02:26 Our new weekly calendar is here!
Check it out to see when important economic data is due for release. This info lets you track events that may affect major currency pairs.

The earnings season is the best time for traders to profit on companies’ reports. Join the Olymp Trade exclusive club to get push notifications with signals on potentially profitable trades.

Olymp Trade English Open / Comment

2023-04-14 17:01:12 Does this sound familiar? React with if you can relate.

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2023-04-14 16:01:29

Our latest video showcases the results of the charity campaign launched by Olymp Trade and Ronaldinho. We received numerous inspiring stories from our trading community, and selected the top three to help make their dreams come true. While the contest has come to a close, it’s just the beginning of a new life for our finalists.

We have also included Portuguese and Spanish subtitles for your convenience.

Share your thoughts and impressions with us in the comments section below.

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2023-04-14 14:10:32 When you follow trends, you increase the probability of your success in trading. Below are 3 lifehacks that can help you succeed in trend trading.

Draw trendlines
Drawing trendlines will make your trading more precise. The next time the price comes to the support trendline in an uptrend, you can look for other up signals, such as a hammer candlestick pattern, and then open an Up trade.

Use appropriate indicators

Trend indicators such as SMA, EMA and Bollinger Bands show a trend’s direction. Oscillators such as MACD and RSI help detect potential trend reversals in an asset’s price.

Manage your trade

The recommended ratios for a Take Profit and a Stop Loss in trend trading are 1:3 and 1:4, respectively. Consider using a Trailing Stop to lock in profit when the price finally reverses.

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