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March 19 - The Swiss National Bank kept its benchmark interest rate unchanged at 0%, in line with market expectations, marking the third consecutive time it has held steady.The Swiss National Banks policy rate remained at 0% as of March 19, in line with expectations and unchanged from the previous rate of 0.00%.The yield on UK two-year government bonds rose to its highest level since March 2025, reaching 4.247%, up about 14 basis points on the day.On March 19th, the Federal Reserve kept interest rates unchanged in March and projected higher inflation as policymakers assessed the impact of the war between the US and Israel and Iran. Furthermore, Irans retaliatory attacks on energy facilities across the Middle East have escalated the conflict, causing oil prices to continue rising. Phillip Nova analyst Priyanka Sahdwa stated that the escalating situation in the Middle East, the targeted strikes on oil infrastructure, and the deaths of Iranian leaders all indicate continued disruptions to oil supplies. Adding fuel to the fire, the Fed maintained interest rates but adopted a hawkish tone, highlighting economic concerns arising from the conflict. Tina Teng, market strategist at Moomoo ANZ under Futu, stated that oil prices will continue to be supported as Irans latest attacks on Middle Eastern energy infrastructure exacerbate regional tensions, the conflict shows no signs of abating, and the Strait of Hormuz appears unlikely to reopen in the short term.The Swiss National Bank will announce its interest rate decision in ten minutes.

Open a position

Eden

Oct 25, 2021 13:27


Open a position is also called create an order, which means that a trader newly buys or sells a certain number of contracts.

Open a position is divided into open a position on current market price and open a position in limit orders.


Open a position on current market price refers to the trader BUY/ SELL at the current market price.

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Limit order refers to the trader setting an estimated price to open a position

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Buy limit: Buy at a certain distance from the current price. When the price reaches the predetermined price, the pending order will be executed automatically;

Sell limit: Sell at a certain distance from the current price. When the price reaches the predetermined price, the pending order will be executed automatically.


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