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the_information_nexus/financial_docs/trading_reference.md
2024-05-01 12:28:44 -06:00

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Forex Market Days of Week Open (UTC) Close (UTC)
Sydney Monday - Friday 22:00 07:00
Tokyo Monday - Friday 00:00 09:00
London Monday - Friday 08:00 17:00
New York Monday - Friday 13:00 22:00
Session Time (UTC) Activity Description
Sydney Session 22:00 - 07:00 Lower activity, but early indications for the day might start here.
Tokyo Session 00:00 - 09:00 Moderate activity, especially if significant EU or US news breaks overnight.
London Session 08:00 - 17:00 High activity, major trading hub for EUR/USD. Overlaps with New York session leading to peak volatility.
New York Session 13:00 - 22:00 High activity, major trading hub for EUR/USD. Overlaps with London session leading to peak volatility.
London & New York Overlap 12:00 - 16:00 Highest activity and liquidity. Best time for day trading due to volatility.
## Reliable Sources for Country Information:

### General Information and Statistics:

1. **CIA World Factbook**: Provides information on the history, people, government, economy, geography, communications, transportation, military, and transnational issues for 267 world entities. [Link](https://www.cia.gov/the-world-factbook/)

2. **World Bank Open Data**: Provides free and open access to global development data. It covers a wide range of topics including GDP, education, health, population data, etc. [Link](https://data.worldbank.org/)

3. **United Nations Data**: Provides a wide range of statistical data from its member countries, including population, economic indicators, social indicators, environment, and more. [Link](http://data.un.org/)

### Economic Data:

1. **International Monetary Fund (IMF)**: Publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. [Link](https://www.imf.org/en/Data)

2. **World Trade Organization (WTO)**: For trade statistics, the WTO's database is an excellent resource. It provides trade statistics and economic research. [Link](https://www.wto.org/english/res_e/statis_e/statis_e.htm)

### Health Data:

1. **World Health Organization (WHO)**: Provides comprehensive health-related data for its member countries. [Link](https://www.who.int/)

### Educational Data:

1. **UNESCO Institute for Statistics**: Provides data regarding education from countries around the world. [Link](http://uis.unesco.org/)