2019 is a year booming with technological growth and a plethora of miracles to leave us all awed. Last year saw a lot of economic movement and events to disrupt the trading markets. The repercussions, however, are felt only in ’19! As a trader today, your focus will have to be divided between the various events that have happened recently. To see success in the trading industry, irrespective of the markets, you have to be abreast of the latest happenings! Each field is in its own way affected by economic events and can leave you hanging midway if you’re not quick to grasp.
Here are 4 things to watch out for in 2019’s trade markets:
1) Rise of Technology: Needless to say that with time we evolve, so do our means and so does our technology. 2019 is hands-down, the most technologically-powered year yet! From quirky smartphones to hyperloop technologies, we are seeing trends rise rapidly for the betterment of humanity. Why this affects you, the trader is that giants like Amazon, Tesla and other phone companies might see a hike or drop in share value depending on their services this year.
2) US-China Talks: Two of the biggest economies, these two have always been on troubled waters. It is being speculated that an agreement between these two superpowers mt4 would lead to the CNY and USD pair seeing a steep hike, possibly making it the next most traded major pair!
3) Inter-country Turbulence: Countries can’t be expected to stay stable for long. Some sort of turmoil is bound to happen, and as traders, you have to be equipped. Experts are speculating that the market value USA has will drop down should the country give rise to political unrest. This will have an impact in online trading.
4) Emergence of e-Currencies: Bitcoins and cryptocurrencies are possibly the least-favored investment. Since their advent, they have seen a big fall with rare points of growth. Several professionals claim that cryptocurrencies will not see much movement in this year, and you have to be wary of this.
Be it Forex trading, stock, or online trading – these happenings have ample potential to leave the vast majority of trades unstable. With big investments made, you can’t afford to be careless in your approach.