Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Web Trader MT5
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Current assets
Assets that can be converted into cash within one year.
Current liabilities
Debts that are due within one year.
Custodian
A financial institution that holds and safeguards assets on behalf of investors.
Daily chart
Daily chart refers to a price chart in which every data point, be it a candlestick, a bar, or a line, represents a single full trading day. The shorter-term movements are removed, and open, high, low, and close are all squeezed into a single mark on the chart, giving traders a clear view of how the price has behaved over weeks, months, or years without being distracted by shorter-term fluctuations.
Daily charts are in the middle of the timeframe hierarchy: more detailed than weekly or monthly charts, but are much less cluttered than hourly or 15-minute views. Technical analysts also use them to identify trends, key support and resistance levels, and chart patterns that are more significant simply because they have developed over a longer period.
A trend that requires three weeks to develop on a daily chart is usually regarded as more important than one that takes three hours to develop on an intraday chart.
Example: A swing trader who intends to trade long-term, perhaps a few days to a couple of weeks, will generally do their primary analysis on the daily chart, identifying the overall trend, marking out key price levels, and identifying patterns such as flags or head-and-shoulder formations – before moving to a shorter timeframe to find an exact entry point.
Daily Cut-Off
Daily cut-off is the hour in the trading day beyond which trading operations are carried on as the trading of the following business day, and not the present day. In foreign exchange, this is generally 5:00 p.m. New York time, which is also the technical end and beginning of the FX trading day – the point at which the overnight swap rates are applied to those positions held open .
In banking more generally, the daily cut-off determines which payments, transfers, and settlements are processed the same day and which are rolled over to the next working day. Missing the cut-off puts the transaction on hold, which can be critical in time-sensitive corporate treasury operations or in trades where it is essential to know the transaction’s finalization date.
The cut-off time may differ across institutions and even across currencies. The interactions between them add complexity to cross-border transactions.
Example: A corporate treasurer in London orders a large payment in USD at 5:15 p. m. New York time, which assumes that it will settle the same day. It does not; the cut-off time passed at the end of the day, the transaction is being held until the next working day, and a supplier in New York does not receive money as they would have done otherwise.
In a transaction where the time of payment was part of the contract terms, there are effects of the missed cut-off.
Dallas Fed Manufacturing Index
Dallas Fed Manufacturing Index is an index of business conditions among manufacturers in Texas, published by the Federal Reserve Bank of Dallas as a monthly survey-based index. Respondents – production managers/executives at manufacturing firms with headquarters in Texas – are asked whether the situation has improved, deteriorated, or remained unchanged in a range of measures, including output, new orders, employment, prices paid, and general business activity.
The outcome will be diffusion indices: the positive index indicates that more firms reported improvement than deterioration, and vice versa.
Texas is the largest energy-producing state in the US. As a consequence, the Dallas Fed index is especially sensitive to conditions in the oil and gas sectors, which imparts a slightly different flavor to the index compared with national manufacturing surveys.
It is published on the final Monday of every month and is viewed as a regional early read on US industrial conditions.
Example: When oil prices fell in 2015 and 2016, the Dallas Fed Manufacturing Index fell sharply negative long before the rest of the national manufacturing indices began to show the same stress.
This is a reminder that regional indices can serve as early warning signals, especially where the local economy has had concentrated exposure to one sector.
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