Coronavirus and stock indices in the week from 16/4 -22/4/2020
While, according to current statistics, the coronavirus infection appears to be gradually getting under control as the number of new infections is slowing down globally, the WHO has warned that the worst is yet to come and warns against ending of restrictive measures too . . .
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Commission, swaps, ECN account, how to wrap your head around it all?
Both new and current Purple Trading clients now have the opportunity to trade crude oil (WTI) with zero commission. However, this tempting offer applies only to ECN accounts. So how does one opens an ECN account and what exactly is the commission on oil? Exactly these types . . .
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Coronavirus and markets in the week 14/4 – 20/4/2020
The total number of cases infected with coronavirus is nearly 2.5 million, of which 652 thousand are cured. As the growth of infected cases is slowing down, some governments are considering relaxing restrictive measures. The evidence of how the restrictive measures dampened . . .
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10 top events at financial market during Q1 2020
The end of bullish trend at stock indices, price war of Saudi Arabia and Russia, dollar being the winner among currencies,... Read that and much more about the top 10 events at financial market during the first quarter of 2020.
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Brexit in the week from 13/4 – 19/4/2020
Negotiators for Brexit have recovered from the coronavirus infection and last week they agreed on further steps regarding the trade agreement negotiations. Meanwhile, Britain still claims that it will not extend the transitional period. However, the UK has not delivered key . . .
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How is the Price of Oil Generated?
At the beginning of this week, we could see some market news websites informing about different oil prices as you can see in our platform. The reason is that the how a different price of oil with the closest expiration date at a commodity exchange. The actual contract will . . .
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Price war on the oil market
Use the prices on the historical minimum in your advantage and trade without commission before it’s too late!
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Extremely low oil prices are tempting to trade
Oil prices are at its lowest in the past 20 years and those who can make sure they are trading the most out of it. In Purple Trading, we are trying to provide traders with the best conditions possible so we are canceling commissions on oil. This means that you won' . . .
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Coronavirus and stock indices in the week from 8/4 - 15/4/2020
While the number of cases infected with the coronavirus is growing, stock markets have continued to strengthen and, for example, the NASDAQ has already wiped out 60% of the decline in Q1 2020. However, index prices are now near interesting resistances, and the first . . .
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Coronavirus and markets in the week 7/4 – 14/4/2020
The total number of infected cases with the coronavirus has already exceeded 2 million. However, light seems to appear at the end of the tunnel as the growth of new cases slows down. Some currency pairs reached interesting levels of resistance in the past week so some . . .
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