Financial Dictionary

The Nasdaq 100 tracks about 100 of the largest non financial companies listed on the Nasdaq exchange. Technology companies dominate it, so it is sensitive to interest rates and growth expectations.

Natural gas is an energy commodity used for heating, power generation and industry. Its price is very volatile and reacts strongly to weather and storage data.

A neckline is the support or resistance line in a head and shoulders pattern, joining the troughs or peaks between the shoulders and the head. A break through it confirms the pattern.

Negative balance protection means a trader cannot lose more than the funds in their account. If a fast market pushes the balance below zero, the provider resets it to zero.

Net profit margin is net profit divided by revenue, shown as a percentage. It shows how much of each sale a company keeps after all costs.

The New York trading session covers US market hours, running from about 13:00 to 22:00 GMT. US data releases and the overlap with London make it one of the busiest periods of the day.

The New Zealand dollar is the currency of New Zealand, nicknamed the kiwi. Dairy prices and risk appetite are among its main drivers.

News trading means trading around economic releases or company announcements, aiming to profit from the sharp moves they cause. Spreads can widen and slippage can increase at these times.

The Nikkei 225 tracks 225 large companies listed on the Tokyo Stock Exchange. It is price weighted and often moves inversely to the yen, since a weaker yen helps Japanese exporters.

Non farm payrolls is the monthly count of jobs added or lost in the US, excluding farm work, published in the jobs report usually on the first Friday of the month. It is one of the most market moving releases for the dollar, gold and stocks.

NZD/USD is the exchange rate between the New Zealand dollar and the US dollar, nicknamed the kiwi. It tends to move with risk appetite and dairy prices.