Trading Ideas to Inspire You This Chinese New Year

From red packets to visiting relatives dressed up in new clothes, the Chinese New Year festivities provide plenty of trading inspiration.

Interested in trading but not sure what you can trade? Well, there’s plenty of trading opportunities – even during Chinese New Year. This festive season, let IG inspire you to trade more of your world with the following CNY-inspired trading insights.

Table of contents

• CNY-inspired trading ideas
  • Red packets
  • CNY snacks and drinks
  • Reunion dinner and festive gatherings
• How IG helps you trade more of your world
• Exclusive: Premier League giveaway 

Trading ideas inspired by CNY 

Red packets

Red packets or hongbaos are customarily exchanged as cash gifts during Chinese New Year. 

Cash, or rather, currency is traded in forex, the world’s most traded financial market  that outstrips the stock market. In forex, trades are made on the exchange rate movements between major currencies such as USD, EUR and JPY. As the values of currencies are constantly rising and falling relative to each other, this may present a constant lineup of trading opportunities. 

Another way to trade cash is via bonds, the most popular of which are US Treasury bonds. These are fixed-income instruments that provide a return based on the US Fed interest rate, but can also be traded on the secondary market. Bond yields fluctuate in response to monetary policies changes, which can create opportunities for trading. 

CNY snacks and drinks

Your favourite festive snacks such as pineapple tarts, almond cookies and fizzy drinks are made from ingredients that play a vital role in the global food supply. Due to their importance, agricultural products such as wheat, sugar, pineapples, coffee, and more are widely traded as commodities. 

Beyond agricultural products, commodities also include metals (gold, copper, tin etc), energy (oil and gas) and meat and livestock. This means there are several markets you can choose from when trading commodities. 

Reunion dinner and festive gatherings 

The grocery stores and supermarkets we rely on for reunion dinner supplies and household items for festive gatherings (and the cleaning and preparation that takes place before) can make for another source of trading inspiration. 

Grocery stores and supermarkets supply essential products such as food, cleaning items, personal hygiene essentials and the like. Such goods typically experience an uplift in demand around major holidays such as Chinese New Year. This may create seasonal trading cycles that offer potential trading opportunities. 

How IG helps you trade more of your world

The examples highlighted above are just the tip of the iceberg, but we hope they’ve given you ample inspiration for formulating your own trading insights. But identifying trading opportunities is just part of the equation. The other part lies in selecting the right online brokerage that fulfills your needs, goals and preferences. 

Let’s take a look at how IG supports your trading inspiration by providing more opportunities, education, tools and insights. 

More opportunities 

IG offers access to over 13,000 markets for Contracts for Difference (CFDs) across instruments such as forex, bonds, stocks, indices and commodities. This broad selection of markets provides you with access to a wide range of trading opportunities in IG. It also means greater convenience as you do not need to switch between different brokers to trade different markets. 

More education

Making the right call in trading relies on having the right information, skills and knowledge. This is why it’s important for traders to keep learning and building their experience, along with access to the latest market news and updates. 

IG provides free online seminars and web courses on IG Academy. Discover a wide range of educational materials and learning resources designed to hone your trading skills according to your schedule and preferences. 

From the basics of trading for beginners to advanced strategies for experienced traders, you can find them all at IG Academy.

More tools

IG provides traders with essential support via a large selection of trading tools, including trading alerts and risk management tools. 

IG trading alerts are automatic, with customisable notifications that are sent whenever important events occur, such as price moves, news announcements and when technical conditions change. This handy feature allows you to get on with your day instead of monitoring the market, while also keeping you informed of trading opportunities when they arise.

Meanwhile, risk management tools help you manage risk when executing trades. For example, use stop-losses and guaranteed stops to close your positions when the market moves against you; limit-orders to execute trades at more favourable levels; and price alerts to be notified of advantageous trading conditions. 

More insights 

It is crucial for traders to keep up with the latest market news, as doing so will allow you to better anticipate upcoming trading opportunities. That is why IG strives to provide timely market updates and key insights in its News and Trade Ideas section. 

Here, you can find major market news and developments, ranging from earnings announcements to stock market movements, commodity price events and analysis of the latest geopolitical and macroeconomic news – allowing you to stay one step ahead at all times. 

Exclusive: Premier League giveaway 

IG provides a trading experience that goes beyond simply supporting your trading needs. If you’re a Premier League fan, you won’t want to miss this exclusive giveaway. 

Stand a chance to win an all-inclusive Premier League Finale experience worth S$25,000. To enter the draw, all you need to do is create an account and place 1 qualifying trade by 28 Feb 2025. Note that terms and conditions apply. 

Welcome bonus up to S$888 

That’s not all. IG is giving away a generous welcome bonus of up to $888, what a way to kickstart your trading journey! Terms and conditions apply. 

Here’re the details:

1. Create your IG trading account
2. Deposit at least S$2,000 and start trading CFDs
3. Receive your welcome bonus, based on the notional value of your trades in the first 60 days

Conclusion: IG helps you trade more of your world

With an extensive range of markets, robust risk-management tools, in-depth educational resources and latest news, insights and analyses, IG is here to help you trade more of your world. 

Inspired by your recent CNY celebrations and can’t wait to put your trading ideas to the test? Want to claim your share of the welcome bonus, and stand a chance to win the Premier League giveaway? Sign up for a live account with IG and start trading more of your world. 

Disclaimers

See Giveaway terms and conditions and Welcome Bonus terms and conditions for more details.

IG provides an execution-only service. The information in this article is for informational and educational purposes only and does not constitute (and should not be construed as containing) any form of financial or investment advice or an investment recommendation or an offer of or solicitation to invest or transact in any financial instrument. Nor does the information take into account the investment objective, financial situation, or particular need of any person. Where in doubt, you should seek advice from an independent financial adviser regarding the suitability of your investment, under a separate arrangement, as you deem fit. No responsibility is accepted by IG for any loss or damage arising in any way (including due to negligence) from anyone acting or refraining from acting as a result of the information. All forms of investment carry risks. Trading in leveraged products, such as CFDs, carries risks and may not be suitable for everyone. Losses can exceed deposits. This advertisement has not been reviewed by the Monetary Authority of Singapore.