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The US July ISM non-manufacturing PMI will be released in ten minutes.The final reading of the S&P Global Services PMI for July in the United States was 54.6, compared with 53.6 in the previous month.The final reading of the S&P Global Services PMI for July in the United States will be released in ten minutes.The Dow Jones Industrial Average opened 381.35 points higher, or 0.71%, at 54,467.23 on Wednesday, August 5; the S&P 500 opened 50.32 points higher, or 0.65%, at 7,786.81; and the Nasdaq Composite opened 112.83 points higher, or 0.42%, at 26,697.82.August 5th - It has been learned that the "15th Five-Year Plan for Promoting the Development of Small and Medium-sized Enterprises" (SMEs), jointly formulated by the Ministry of Industry and Information Technology (MIIT) and several other departments, is about to be released. At a press conference held by the State Council Information Office in January this year, the MIIT stated that it will continue to optimize the business environment, formulate the "15th Five-Year Plan for Promoting the Development of SMEs," accelerate the construction of a mechanism to promote the development and growth of specialized, refined, and innovative SMEs, and improve the tiered cultivation system for SME characteristic industrial clusters. Experts interviewed by the China Securities Journal believe that SMEs are an important source of economic vitality and a micro-foundation for ensuring employment, stabilizing the industrial chain, and developing new types of productivity. The upcoming "15th Five-Year Plan for Promoting the Development of SMEs" is expected to focus on promoting the specialized, refined, and innovative development of SMEs, optimizing the SME development environment, improving the tiered cultivation system for high-quality SMEs, constructing a policy mechanism to promote the development and growth of specialized, refined, and innovative SMEs, and promoting the healthy and high-quality development of SMEs.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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