How do ETFs work? ETFs are managed by investment companies, which use them to track the performance of specific indexes, commodities, bonds, or other assets. When you buy an ETF, you are essentially buying a stake in the underlying basket of assets. You trade ETFs on stock exchanges, just like regular stocks, which means […]
Month: April 2022
How does the GDP affect local currencies?
The GDP, or Gross Domestic Product, rates a country’s economic activity. It is calculated by adding up the value of all the goods and services produced in a country during a specific period. GDP effect on local currencies When the GDP grows, it usually means that the economy is doing well. It can lead to […]