Monthly Archives: October 2022
What a New Prime Minister Spells for the Pound’s Future
Written on October 27, 2022 at 6:30 am, by lishitong
On Tuesday, 25 October, Rishi Sunak was sworn in as the new Prime Minister of the UK. The 42-year-old is the third UK PM in 7 weeks, replacing Liz Truss, who was PM for the whole of 44 days. Sunak comes at a time of great financial instability for the UK, with Truss’ mini-budget causingContinue Reading
What Are The Best Trading Hours In Forex Markets
Written on October 26, 2022 at 7:31 am, by lishitong
Just as with most forms of investing and trading, taking note of the trading hours in the forex market is everything in Forex trading. Grasping the right hours in the day to trade, knowing the dates of important economic announcements, and just timing your trades correctly will give you an edge, and significantly increase yourContinue Reading
Liz Truss Resigns from Office
Written on October 24, 2022 at 7:11 am, by lishitong
UK Prime Minister Liz Truss resigned last week, making her the UK’s shortest-serving PM at just 44 days in office. Truss’ term has been plagued by criticism for her mini budget program, which included the biggest tax cuts since 1972, but would be largely funded by a massive expansion in borrowing. The markets are nowContinue Reading