Glossary

Clear explanations of the market, macro, and trading terms used across MyTrade Academy.

Glossary

What Are Commodities?

Commodities are standardized raw materials such as crude oil, natural gas, metals, and agricultural products that are produced, transported, stored, and traded.

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Glossary

What Are Commodity Inventories?

Commodity inventories are stocks of physical material held by producers, traders, governments, refiners, warehouses, or consumers to bridge gaps between supply and demand.

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Glossary

What Are Financial Conditions?

Financial conditions summarize how easy or expensive it is for households, companies, and investors to obtain financing and take risk.

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Glossary

What Are Nonfarm Payrolls (NFP)?

Nonfarm payrolls are a key U.S. jobs indicator. Learn what NFP measures, why revisions matter, and how the report can move Fed expectations, bonds, currencies, and stocks.

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What Are Perpetual Futures?

Perpetual futures are derivative contracts without a conventional expiry that use funding and margin mechanisms to stay linked to a reference market.

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Glossary

What Do Hawkish and Dovish Mean?

Hawkish describes a policy stance more focused on inflation and tighter monetary conditions; dovish describes a stance more open to easing to support growth and employment.

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What Is a Basis Point (bp)?

One basis point equals 0.01 percentage point. Central banks and bond markets use basis points to describe small changes in rates and yields precisely.

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What Is a Bond Yield?

A bond yield is the return implied by a bond's price and cash flows. Bond prices and yields generally move in opposite directions.

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