Trading Glossary
Take a look at our list of the financial terms associated with trading and the markets.
G10
It is composed of 11 industrial countries, namely Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Switzerland, Sweden, the United Kingdom and the United States, all of which are included in the General Agreement on Borrowing (GAB). G10 organizations come together each year to discuss economic, monetary, and fiscal policy.
G20
The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development
Gas
One of the traditional fossil fuels, which appears gaseous at room temperature, is an important thermal power generation fuel. Power generation is more efficient than coal, but it still creates a certain amount of carbon emissions. Since it is a gas, the measurement of natural gas is generally measured in energy units, that is, millions of cubic feet.
GBP
The UK's legal tender is one of the eight major currencies.
Going Long
When investors are optimistic about trading targets such as currencies, stocks, and commodities, they will buy the trading target, and the value of the underlying they hold will rise as the price goes up, and conversely, the price will fall, which means that the investor suffers losses.
golden cross
Technical analysis terminology. Some technical indicators have a multi-line combination, in which the fast line crosses the slow line upwards to become a golden cross, which means that the indicator accelerates upwards, often representing bullish signals. For example, when the fast line of the MACD crosses the slow line, it is a signal that is technically bullish.
Gravestone Doji
One of the classic candlestick patterns, consisting of almost identical opening and closing prices, as well as a long upper shadow line. If a tombstone cross appears at the end of an upward price trend, it means that the seller's power is beginning to be stronger than the buyer's, and the subsequent market may begin to be bearish.
Grexit
Refers to the possible issue of Greece's withdrawal from the eurozone monetary union. Because of Greece's inflated national debt, some officials supported a withdrawal from the European Union, decoupling from the euro, thus boosting Greece's exports and tourism. The proposal originated in2015 and received more support after Brexit.
Gross Domestic Product
GDP is primarily used to measure a country's total economic activity, which is the sum of the results of a country's productive activities over a certain period of time, usually calculated annually or quarterly. GDP mainly includes four parts, namely consumption, investment, government expenditure and import and export trade. GDP is generally calculated to be nominal GDP, that is, GDP that includes the rate of inflation.
Gross Margin
Gross Profit is an accounting term in which a company's net sales revenue (deducting concessions and discounts) is deducted from the cost of sales (direct costs derived directly from sales). The higher the gross profit, the higher the profitability of the company, and it also means that the company has more competitiveness in the industry and does not need to enter the vicious circle of price-cutting competition.
Group of Seven
It is an international organization of seven developed national economies of the world, currently including Italy, Japan, Canada, France, the United States, the United Kingdom and Germany. Summits are held annually to discuss the main political and economic issues facing the international community.