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

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Markdown

| 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. |
```markdown
## 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/)
```