Everything influences the trading, even the weather to get the most out of their operating in the various financial markets, traders used two different ways of analyzing the market. The first is the analysis technician, who supposed to recreate a historical perspective on the movement of the price of an asset, in order to predict what may happen in the future. If you would like to know more about WhiteWave Foods, then click here. The other option before engaging in trading, is fundamental analysis, which involves a study of external factors that may affect prices in a given market in any way. These external factors that we are talking about may be the unemployment rate of a country, the data on inflation, any change in regulations, political events, and even the climate. Snow strongly hit GDP in the United Kingdom we see how this last factor has influenced European countries such as United Kingdom, where the GDP (there known as GDP) figures have left some pretty negative data. And is that according to the National Bureau of statistics of the British island, after 3 quarters of continuous growth, the country’s economy has contracted by 0.5% during the last four months of 2010. And the bad weather has had much to do in this. The harsh weather that struck United Kingdom in December, left their mark on the results in the country’s economy.
The heavy snow affected harshly to the textile sector, since the sheer volume of snow affected in such a way that access to the stores was almost impossible during the toughest days. Another, the construction sector, was also influenced since the weather conditions affected the supply of materials. The services sector was also affected since customers preferred to stay at home before going out to restaurants, theaters, etc. In addition, as soon as she is revealed these disappointing data in the United Kingdom, its currency, the pound sterling, suffered a big drop against the U.S. dollar and the FTSE100 was losing 26.14 points (- 0.44%). How to convert the unfavourable conditions in trading opportunities either in Forex, stocks, indices or commodities. Whatever your interest, there is always a way to take a position in the financial markets taking advantage of the situation by the trading of CFDs.
Contracts for difference allow open operational markets bullish or bearish, so as an unfavorable climate factors can influence its operational even positively. Learn about CFDs. The above comments do not constitute investment advice and therefore IG Markets does not accept any responsibility for any use that can be made of them. CFDs are a leveraged product that entail a high level of risk and may result in losses that exceed your initial deposit. Make sure that you understand fully the risks involved and perform a constant monitoring of your investment. Source: Press release sent by PCP.