Commodities are a big chunk of US and International Markets.From oil to sugar, knowing where commodities are heading gives you a better perspective where your market might be heading. For commodity traders, Bet-Forex gives you information related to other commodities in your pool. While you may be a very active cattle trader, it is important to know why the S&P's or Interest Rates just made a big move. Commodities are strongly connected to the retail markets, giving you insight of consumer behavior - a very sensitive and important dimension of the economy.
LAUNCH THE CHANNEL
Nobody loves banking sector more than us. It is our opinion that everyone is connected to the banking sector. Either you just hold a checking account or thousands of shares of the prime banks stock, we are all looking in the same direction: to see how banking sector is doing. This has critical importance to your trading decisions.It also provides a great long term insight of the markets. In banking sector, news are striking every minute and spotting that particular piece of news that made the difference is what actually differentiates winers and losers.
We are all a big family. We truly are. Even we like it or not, we are now all on the same train. You might be trading with a Chinese company, a French guy in his sleepers or a hot Brasilian model who just happened to be at the other end of your order. What we do here sends waves into the world and what the world does sends waves in here. From social to political and ultimately financial news all this chatter finds a way to be priced in..and when the boat gets rocked, hang on !..some of us will ride the waves and some will just need life jackets.
International markets are hard to read. Most of the news are relying on local media which can impose a language barrier.(You know, not everybody speaks English.:).) But is important to monitor at least some regional channels to pick up a piece of news that might be the beginning of a huge wave. It happened so with Bank of Ireland, Greece, Spain and history is full of examples. Had you known Greece is on the bridge of collapse, wound't you be throwing all your European assets and especially the currency and made a mega profit on it!?
Bet-forex is trying to provide relevant regional channels. Any suggestion is welcomed especially for the countries we know just a little.