IDEA: ON WHAT INSTRUMENTS CAN YOU EARN THIS SUMMER
Dear clients,
Have big plans for the summer? We've selected a few instruments with great potential for you in these hot months! Among them are oil, stock index, and precious metal.
1. In summer, we expect growth in oil prices (#BRENT and #WTI), as the global economy will show strong growth, which will create a strong demand for oil products. In mid-summer in North America and the European Union, more than half of the population will receive the COVID-19 vaccine, which will allow politicians to end lockdowns.
2. The economic growth will encourage capital flow from high-tech stocks, which rose strongly in 2020, to industrial stocks. Against this background, it is advisable to buy the American stock index #DJI30, which includes the shares of the 30 largest American industrial corporations.
3. During periods of rapid economic growth, investors try to sell XAUUSD, since the precious metal is a “defensive asset”. Gold showed strong gains last year as traders were frightened by the COVID-19 pandemic. Rapid vaccination of the population will force investors to sell gold.
What FreshForex promotions will help you earn more?
1. Until the end of May, swaps for stock indices and stocks are canceled. It means that you do not pay swaps for transferring positions to the next day.
2. Cashback will return up to $20 per lot. Choose one of three schemes and enjoy trading.
3. Deposit bonus 300%: for each deposit from $100 you will receive 300% of the deposit amount.
Do you want to know about all the promotions of the company?
Go to this page.
We wish you a profitable summer!