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Taking advantage of having your finger on the news pulse

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Whether it is the President of Sri Lanka being ousted, China increasing steel demand or Russia and Ukraine agreeing to allow grain exports to flow from the region, every person needs to have their finger on the news pulse.

Understanding world events, and how they can impact stock markets, can help to identify investment opportunities at the click of a button.

The need for a simple and easy-to-use trading app has never been greater, IBKR GlobalTrader by Interactive Brokers does exactly that.

IBKR GlobalTrader is a stock trading app designed for both new and experienced traders, where clients from all over the world can access 150 markets, 25 currencies and invest in a wide range of global products from a single integrated platform. 

This can be beneficial, especially if you are following a news story that hasn’t quite developed traction, can do some extra research about the region and find a gem.

Image: file

MAKE OR BREAK

But what about fees? This can be the deal-maker-or-breaker when it comes to an app, and especially after finding that company.

Trading costs with IBKR GlobalTrader are low – meaning more of your profit can stay in your pocket – and investors have access to the highly-liquid Nasdaq and Dow Jones markets. (For investors within the US, they can enjoy zero commissions on US stocks and for investors outside the US, commissions start at just USD 0.0035 per share).

And when you compare this to similar companies such as Robinhood, Vanguard and Charles Schwab in terms of fees, it is a no-brainer to see that IBKR GlobalTrader comes out on top.

The company currently manages more than $10billion in equity capital and more than 2.5 million trades per day are conducted.

For more on Interactive Brokers and IBKR GlobalTrader, head to their website, or download the app from the Apple App Store or on Google Play.

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Money

Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Money

Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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