4 Investing secrets of the rich
- Donald Herison
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Just because you can't afford the lifestyle of the super-rich doesn't mean you can't invest like them.
Just because you can't afford the lifestyle of the super-rich doesn't mean you can't invest like them.
The protests in Hong Kong and the tension in Syria has caused the US stocks to drop today. Asian markets were also mostly low today.
The biggest drop in the Asian market was The Hang Seng, which lost 1.28$, its biggest fall since 2012. Investors think that the reasons are the ongoing protests and the concerns that the Chinese growth is declining.
The Europeans markets were mixed today as a cause of data from the Euro zone. The data mentioned that there’s a negative inflation in Europe.
The USD is still going strong and investors are expecting that the US will raise interest rates soon. This caused the Gold to drop.
Trading Tip: It's a good idea to trade in Gold or USD. If one of them goes up, there's a good chance that the other will go down.
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The Euro Dropped to a 2 Year Low
4 Tips for Today's Trading - 30/9
Announcements Makes Today Good for Trading
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1) The past month has been difficult for investors. Ahead of the final trading day of the month, all the main U.S. indexes were in the red.
2) Hong Kong's main stock market index, the Hang Seng, kept falling Tuesday as large pro-democracy protests show no signs of lessening. The index has dropped for the past four trading days.
3) Be ready for the S&P/Case-Shiller home price index to come out at 09:00am Eastern Time.
4) European markets were broadly higher in early trading, with the exception of the FTSE 100.
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Announcements Makes Today Good for Trading
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What is it? It checks the change in the total value of sales at the retail level.
It's the primary measure of consumer spending, which accounts for the majority of overall economic activity.
Usual Effect: If the actual number is bigger than the forecast, you can expect the AUD to rise.
When? Today (30.9) at 9:30pm Eastern Time.
Trading Tip: This announcement can greatly affect the AUD. It's a good time to trade it.
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