5 Mistakes Every New Forex Trader Makes
Overleveraging, ignoring the spread, trading the news without context — and how to avoid each one.
Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.
The IMF and Sri Lanka have reached a staff-level agreement that could unlock about $345 million in funding. The deal supports Sri Lanka’s ongoing economic reform programme and could provide additional financial stability as the country continues its recovery.
Flávio Bolsonaro led Brazil’s first-round presidential vote and will face incumbent President Luiz Inácio Lula da Silva in a runoff on October 25. Neither candidate secured the majority required for an outright victory, according to the reported results.
BOJ Deputy Governor Shinichi Uchida said the AI boom could reshape inflation, financial conditions and neutral interest rates. His comments highlight growing uncertainty over how rapid AI investment and productivity changes may influence Japan’s economy and monetary policy.
OPEC+ producers have kept November oil output unchanged as the Iran war continues to support Brent prices above $100 a barrel. The decision reflects ongoing concerns over supply disruptions and uncertainty in global energy markets.
NFP showdown is here. 📊 With +90K jobs expected, a divided Fed and the Dollar near 17-month highs, markets could see sharp moves across DXY, Gold, Treasury yields and the S&P 500
Russia and Ukraine carried out strikes affecting bridges in Kyiv and industrial sites in Volgograd. The reported attacks highlight continued targeting of infrastructure and industrial facilities amid the ongoing Russia-Ukraine conflict.
Russian President Vladimir Putin said Russia will withhold diesel exports until sanctions are lifted. The move could affect regional fuel supplies and add pressure to diesel markets as traders assess the impact on global energy flows.
Nike is intensifying its turnaround efforts as weakness in China and a cautious revenue outlook put pressure on its shares. Investors are closely watching the company’s recovery strategy, sales performance and prospects for renewed growth.
Tokyo’s core inflation rose to 2.7% in September, strengthening expectations that the Bank of Japan may consider another interest-rate hike. The increase highlights continued price pressures in Japan and keeps monetary policy in focus.
The United States is deploying a third aircraft carrier and up to 10,000 additional personnel to the Middle East. The move represents a significant increase in U.S. military presence in the region amid heightened tensions.
Turkey’s manufacturing PMI fell to 47.9 as weaker demand weighed on factory activity. The decline indicates continued contraction in the manufacturing sector, with regional conflict and economic uncertainty affecting business conditions.
Taiwan’s manufacturing PMI jumped to 56.7 as strong demand for artificial intelligence-related products accelerated export activity. The reading points to expanding factory conditions and continued strength in Taiwan’s technology and semiconductor-related sectors.