How U.S. Independence Day Affected Trading Assets

How U.S. Independence Day Affected Trading Assets
OlympTrade How U.S. Independence Day Affected Trading Assets

Trading assets are influenced by a wide variety of world events, and not only economic ones. To prepare its users for the likely changes in trading, Olymp Trade has prepared available information about this so that traders can make correct and profitable decisions in time.

Independence Day is the main holiday in the United States, therefore, being a day off, it affected assets that traded differently on July 3 on Friday. Find out Next what tools you need to pay attention to in order to adjust your trading strategy in time.

The following indices closed earlier that day:

S&P 500 – ES – 17:00 UTC

NASDAQ – NQ – 17:00 UTC

DOE JONES – GM – 17:00 UTC

RUSSEL 2000 – TF – 17:00 UTC

Nikkei 225 – NKD – 17:00 UTC

Many major raw commodity positions also closed earlier:

BRENT Crude Oil – BRN – 17:30 UTC

Natural Gas – NG – 17:00 UTC

The same applies to base metals:

Gold – XAUUSD – 17:00 UTC

Silver – XAGUSD – 17:00 UTC

Platinum – PL – 17:00 UTC

Copper – HG – 17:00 UTC

The US ETF, like the stock market for companies, was closed all day during the holidays.

The market returned to full operation as usual only after the US holiday weekend, which ended only on June 7, 2020.

It is good to use such a break in trading to improve your qualifications as a trader, as well as to expand the opportunities that new assets can provide, including in Forex. By exploring new opportunities, you can increase your income, trading and general financial competence, and therefore in the future also the profitability of your trading. Don’t miss this chance to adjust your investment portfolio.

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