News
Trading hour schedue on 17 and 26 January
Dear clients, Due to the official holiday in USA (Martin Luther King Day) on 17 January 2022, some of the trading instruments will work with different trading hours. You can check the working hours changes in the table below: Instrument 17 January FX Standad trading hours Crypto Standad trading hours US30 Closes 18:00 SPX500 Closes
Fed and inflation: What can we expect?
Contrary to the initial expectations of the Federal Reserve, the new forecasts are inflation to retain for a longer period of time. This also acknowledged the President of Fed Jerome Powell and said that there are different sources of risk related to prices. Economic uncertainty continues to be a fact, but Fed has announced that it will use all necessary tools to
Holiday trading hours on Christmas and New Year
Dear clients, Please note that due to the upcoming Christmas and New Year Holiday period, our trading hours will be slightly modified. These changes will take place as follows: Working hours for BenchMark: Date Customer Services Front and Backoffice 24 December Closes at 21:00 Holiday 25 December Opens 23:00 Holiday 31
Why do central banks target 2% inflation per year?
One of the main goals of the leading central banks, even explicitly written in their statutes, is to maintain price stability. Some of them indicate the exact rate of annual inflation that they seek to achieve, while others specify a range as it allows greater flexibility for the bank. Many attribute inflation to the devaluation of money and its negative effect on