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On December 7, the African Union (AU) and the Economic Community of West African States (ECOWAS) issued separate statements strongly condemning the attempted coup in Benin that day. The AU statement said that any form of military intervention in a political process is a serious violation of the AUs fundamental principles and values. AU Commission Chairperson Yusuf called on all those involved in the coup attempt to immediately cease all illegal actions and fully comply with the Benin Constitution. The ECOWAS statement said that the coup attempt violated the Benin Constitution, and ECOWAS commended the Benin government and its armed forces for their efforts to control the situation.French President Macron: Monetary policy should take into account employment and economic growth.On December 7th, Ukrainian President Volodymyr Zelenskyy posted on his official social media platform that Russia had launched over 1,600 drones, approximately 1,200 guided-missile bombs, and nearly 70 missiles of various types at Ukraine this week alone. Zelenskyy stated that on the 7th, the Russian military attacked Ukraine with over 240 drones and 5 ballistic missiles. Seven regions in Ukraine were damaged, with casualties reported in some areas. He indicated that Ukraine continues to cooperate with its partners to strengthen its defenses. Currently, Russia has not responded to this.The Russian Ministry of Defense stated that Russian forces launched a coordinated attack last night on Ukraines transportation infrastructure, fuel and energy facilities, and long-range drone bases.According to RIA Novosti: Russian troops have occupied Kucherivka in the Kharkiv region of Ukraine.

Trading Essentials

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • Recognize Fundamental Analysis

    Fundamental analysis is critical in the realm of finance since it is used to value anything from corporate shares to real estate. It is a major technique for currency traders to investigate the underlying causes of seemingly random exchange rate changes.

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  • What Is the Difference Between Bearish and Bullish Markets?

    Simply defined, a bear market is one in which prices are declining, whereas a bull market is one in which prices are increasing.

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  • Forex Trading Tips for Beginners

    ​Before you embark on a new endeavor, review the fundamentals. Let's have a look at some trading pointers that every trader should keep in mind prior to trading currency pairs.

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  • Fibonacci Theory

    Before we get too far into the meaning of Fibonacci, let us first address the question, "Who is Fibonacci?" Leonardo Pisano, or Leonardo Fibonacci, was a Middle Ages European mathematician who published the Liber Abaci (Book of Calculation) in 1202 AD. He covered a range of themes in this book, including how to convert currencies and measures for business, how to calculate profit and interest, and how to solve a variety of mathematical and geometric equations.

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  • What is a Stock Market Bear Trap?

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  • Stock Market Psychology: Critical Concepts Every Trader Should Understand

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  • The Top 8 Forex Trading Strategies and their Advantages and Disadvantages

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