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The third-quarter earnings season has started. And, with it, the dynamics of the market have changed!
This is a regular occurrence that affects all cash markets, though evidently the most it affects is the stock market.
But, just like forex often moves opposite to the stock market, forex and even commodities can be affected by earnings season.
Here are some things to keep in mind about trading during this time, and what might come up over the next few weeks.
What & When
Earnings season is an unofficial period in which the vast majority of major corporations issue their quarterly reports.
This is all over the world, though the exact practices vary, depending on the circumstances.
For example, US companies report their entire earnings by law. French companies usually only report their revenues. UK companies issue trading updates, and Japanese companies report their key financial metrics.
Evidently this can make the stock of each company go up or down, and depending on the size of the...
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