Artificial intelligence about trading strategy in financial markets

Artificial intelligence, or more precisely, a neural network, was asked to search for the so-called Grail in financial markets. This is how he answered succinctly and clearly: The Grail is a pre-thought-out algorithm of actions that allows you to quickly achieve your financial goal at an optimal level of risk. At the same time, he…

How FTX will return money to its customers

After the collapse of the FTX crypto currency exchange, long trials and proceedings, part of the funds that the exchange management failed to steal were frozen and are awaiting permission from the authorities to be sold. The exchange today unveiled its latest proposal to return billions of dollars to customers and creditors, kicking off the…

Main economic events of the day

09:00 AM EET – Interest rate decision in America. 10:30 AM EET – FOMC press conference One of the most important events in the financial world that will take place this week. Taking into account the latest data on inflation, which the American regulator has successfully managed to curb, its growth has declined like an…

SP500 Index – 4X leverage

The exchange-traded product, which allows investors to make large bets on the S&P 500, launched Tuesday, according to a press release from its sponsor, Bank of Montreal. It’s called the MAX S&P 500 4X Exchange Traded Note XXXX and offers investors daily returns four times the S&P 500 Total Return Index. The fund’s sponsor, Max…

It will never be like before

The Financial Times writes that the World Trade Monitor study from the Bureau of Economic Analysis (CPB) of the Ministry of Economic Affairs and Climate Policy of the Netherlands showed that global trade volumes fell by a two-year maximum of 3.2% year on year in July 2023.The decline in turnover accelerated compared to 2.4% in…

Japanese approach

Japanese Prime Minister Fumio Kishida announced the imminent launch of a new economic policy aimed primarily at supporting the population against the backdrop of continued rising prices. According to the head of the Japanese government, specific measures will be presented by the middle of next month. Kishida emphasized that the new economic policy will be…

BBG proposes, and the market disposes

The Broadcasting Board of Governors (BBG), an independent agency of the US Federal Government, expects that the Fed has finished raising rates. The Fed is projected to keep rates at current levels through June 2024 and begin cutting rates in July 2024. However, these forecasts do not yet have an impact on market participants. Experience…

People came back for gold

Banks note increased demand for gold bars from the population. Some market participants even note their shortage in informal conversations. These are the ones that retail investors buy, seeing gold as a “safe haven.” However, the largest banks claim that they have enough bullion, and shortages may arise from small players who buy gold from…

BlackRock in the foreground

The blockchain world has been rocked by rumors that one of the world’s largest investment management firms, BlackRock, has made a major investment in the cryptocurrency market. According to some sources, BlackRock has purchased a total of 12,200 Bitcoins, marking a significant step in institutional adoption of the leading cryptocurrency. As is often the case,…

This time the wolves will be evil

October 1 marks the beginning of the new fiscal year in America. The White House faces a difficult task in reaching an agreement with Republicans in Congress to approve the budget. Many in this party do not agree with Biden’s policies and, as people say, “sharpen a grudge against him” and are waiting for the…