Home Work Riches Forum

Members Login
Post Info TOPIC: Company News by ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


Hello forum members!

 

Good day!

 

I am Andrea, an official representative of ForexMart. We would like to extend our services to you right here on this forum. Please follow this thread to get updated about our services, contests or any company-related matters. Suggestions, comments or opinions are all welcome. We will also be glad to attend to your inquiries.

 

We hope to hear from you soon!

 

Thank you!

 

Best regards,

ForexMart



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
ForexMart Reminds you of ShowFx World Conference in Singapore


Greetings!

 

We would like to remind you of ShowFx World Asia Annual Financial Conference this coming September 17, 2016 at the Marina Bay Sands Expo and Convention Centre in Singapore. Get to know the latest developments in the financial industry, meet and talk with ForexMart representatives, and get trading bonuses from ForexMart while enjoying sights at Singapore’s main attractions.

 

Admission to the Annual Financial Conference is free.

 

 

See you in Singapore!



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
ForexMart Unveils Partnership with UD Las Palmas


With much honor and fervor, ForexMart has announced its partnership with Spanish football team Union Deportiva Las Palmas.

 

For ForexMart the collaboration is a significant milestone, which also indicates a new chapter for UD Las Palmas.

Founded in 1949, UD Las Palmas has played 31 seasons playing in Spain's football first division (La Liga). The football club is a representative of the eighth largest city of Spain, Las Palmas on the island of Gran Canaria

UD Las Palmas Executive Director Patricio Vinayo said their club is proud to gain foreign sponsors with future prospects, strongly convinced with their partnership with ForexMart.

Reaching the “The League of the Stars,” UD Las Palmas endeavors to stand out in the league after their 13-year break.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
ForexMart’s No Deposit Bonus of UP TO 300 USD


 

Trading has never been easy, but allow us to make trading experience a bit easier for you. Here's No Deposit Bonus, which is designed to bolster your capital. All clients may receive a no deposit bonus of up to $300!

 

Referring to the term itself, no need to deposit any amount of money just to avail this bonus. Just try our superb platform with ease and without experiencing any investment risk. Profit is available for withdrawal as well.

 

All new ForexMart clients can claim this bonus in three easy steps:

1. Open a live account.

2. Make a deposit.

3. Apply for bonus.

 

Should you have other questions, get in touch with us. We are more than pleased to assist you. May figures and trends find your way up!



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
VIP Tickets to Las Palmas Home Game


 

ForexMart is much thrilled to give away VIP passes to watch UD Las Palmas play against the best European football teams at Gran Canaria Stadium. All active ForexMart clients are qualified to join the raffle.

 

Mechanics:

 

1.The raffle is open to all active ForexMart clients. For those who do not have a trading account with us, sign up here and have the account validated.

2.Each client will automatically get one (1) raffle entry.

3.We will send a confirmation email indicating your participation in the raffle.

4.All winners will be notified via email and announced in our website.

5.All winners have thirty (30) days to claim the prize after the draw. All unclaimed prizes will be forfeited.

6.ForexMart employees and their relatives up to the second degree are prohibited from joining the raffle promo.

7.The Raffle is available only for participants over 18 years old.

 



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current Money Fall contest has already started on September 19, 2016 and will end on September 23, 2016.

You can register for the next competition which will take place from September 26, 2016 to September 30, 2016 (Terminal time). .

Note:

Registration for the next competition finishes 1 hour before the contest starts.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Another Win for UD Las Palmas


Good news for football enthusiasts! Union Deportiva Las Palmas won the recent game with 2-4 score against Valencia on August 23, 2016. UD Las Palmas is a part of La liga season which began on 19th of August 2016 and will end on 21st of May 2017. We, ForexMart team, cheer for our partners and wish a successful year in the top Spanish Division ahead!

 

ForexMart being an official team sponsor is giving full support to UD Las Palmas. This past year was very successful for both. ForexMart was recognized as one of the top brokers awarded as the Best Broker in Europe for 2 years from 2015 to present. The year of hard work and dedication produces remarkable results in providing the best for company’s clients. Las Palmas being part of the top Spanish division marks a good start as well.

 

Union Deportiva Las Palmas Club is a Spanish Football team who represents the community of Canary Islands. It was formed in 1949 by merging five teams. During this time the club has spent 31 season in the first division of the Spanish Football League (La Liga) and was able to win several silver and bronze medals and to become four times the Segundo champion.

 

The promising partnership of ForexMart and UD Las Palmas aims to achieve goals for a collaborative growth. This marks a new page for Las Palmas HIstory, as described by the CEO of ForexMart, Savvas Patsalides. After all, “the best is meeting the best”. Las Palmas being a strong competitor in the popular football league in Europe with the goal to grow and continue its long history is looking forward for a successful partnership with ForexMart in the coming years.






__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


Forex live account

Start your forex trading experience with ForexMart. Enjoy competitive rates, glitch-free trading platforms, and instant trade executions.

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

The current Money Fall contest has already started on September 26, 2016 and will end on September 30, 2016.

You can register for the next competition which will take place from October 3, 2016 to October 7, 2016 (Terminal time). .

Note:

Registration for the next competition finishes 1 hour before the contest starts.

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

30% Welcome Bonus

 

Trade more. Generate more profit. ForexMart is much pleased to introduce one of our bonus schemes: the 30% welcome bonus.

 

Claim the bonus in three steps: open a live account, make a deposit, and apply for bonus. For instance, when you open an account and make a deposit of $100, we will deposit additional $30 in your account.

 

Get in touch with us or visit ForexMart for more information about our bonus offering. We wish you a rewarding trading ahead!



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


Lagarde Favors Less Strict Trade Policies

 

The stricter protectionist trade measures slows down the current frail economy not only in United States but including other countries as said by the head of the International Monetary Fund, Christine Lagarde. She described it as an “economic malpractice”. Restricting trades would worsen the status of workers and families.

 

It has pros and cons for members of trades but considering present weak economy and bigoted politics, an open trading is more advantageous to all. However, if the trade policies are neglected, the opportunity for progress is lessened since global economy still needs it to drive growth.

 

 

img1.PNG

 



Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Wells Fargo Temporarily Banned from Municipal Bond-Issuer California

 

The State of California will be suspending business relationships with banking firm Wells Fargo & Co. after the said firm went under fire for admitting that it had created millions of fake customer accounts in an attempt to hit the firm’s target sales. By banning the said firm, California will no longer be allowing Wells Fargo to handle its bank transactions and underwrite the state’s debt. The said suspension will be in effect for a total of 12 months and might possibly become permanent if the bank still refuses to change its banking practices. In addition, California will also be halting its investment deposits in Wells Fargo’s securities. State Treasurer John Chiang has already stated that California has replaced Wells Fargo with Loop Capital for two $527 million municipal agreements which is scheduled to be sold next week.

 

img1.PNG



Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current Money Fall contest has already started on October 3, 2016 and will end on October 7, 2016.

You can register for the next competition which will take place from October 10, 2016 to October 14, 2016 (Terminal time). .

Note:

Registration for the next competition finishes 1 hour before the contest starts.

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

ShowFx Hails ForexMart as Best Broker in Europe and Most Perspective Broker in Asia

 

ForexMart, the industry’s new reliable trading partner, recently gained two recognition from ShowFx World Awards: Best Broker in Europe 2015 and Most Perspective Broker in Asia 2015.

 

The Cyprus-based investment firm is indeed honored and grateful for these awards. ForexMart would like to express its deepest gratitude to all its clients and partners for their continuous support in making the company one of the most trusted brokers in Europe.

 

ShowFx World, since its introduction in 2009, has been staging conferences, financial expositions, and seminars that are mostly held in Asia. The organization is uniting the world’s best traders, analysts, and companies to keep abreast of the latest developments and technologies in the industry.


As it marks another year, the Cypriot firm assures everyone it will continue upholding their clients’ interests, offering superb trading execution, and educating traders



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
ForexMart Reminds you of ShowFx World Conference in Singapore


Greetings!

We would like to remind you of ShowFx World Asia Annual Financial Conference this coming September 17, 2016 at the Marina Bay Sands Expo and Convention Centre in Singapore. Get to know the latest developments in the financial industry, meet and talk with ForexMart representatives, and get trading bonuses from ForexMart while enjoying sights at Singapore’s main attractions.

Admission to the Annual Financial Conference is free.

 

See you in Singapore!



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Another Win for UD Las Palmas


 

Good news for football enthusiasts! Union Deportiva Las Palmas won the recent game with 2-4 score against Valencia on August 23, 2016. UD Las Palmas is a part of La liga season which began on 19th of August 2016 and will end on 21st of May 2017. We, ForexMart team, cheer for our partners and wish a successful year in the top Spanish Division ahead!

ForexMart being an official team sponsor is giving full support to UD Las Palmas. This past year was very successful for both. ForexMart was recognized as one of the top brokers awarded as the Best Broker in Europe for 2 years from 2015 to present. The year of hard work and dedication produces remarkable results in providing the best for company’s clients. Las Palmas being part of the top Spanish division marks a good start as well.

Union Deportiva Las Palmas Club is a Spanish Football team who represents the community of Canary Islands. It was formed in 1949 by merging five teams. During this time the club has spent 31 season in the first division of the Spanish Football League (La Liga) and was able to win several silver and bronze medals and to become four times the Segundo champion.

 

The promising partnership of ForexMart and UD Las Palmas aims to achieve goals for a collaborative growth. This marks a new page for Las Palmas HIstory, as described by the CEO of ForexMart, Savvas Patsalides. After all, “the best is meeting the best”. Las Palmas being a strong competitor in the popular football league in Europe with the goal to grow and continue its long history is looking forward for a successful partnership with ForexMart in the coming years.

 



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current Money Fall contest has already started on October 10, 2016 and will end on October 14, 2016.

You can register for the next competition which will take place from October 17, 2016 to October 21, 2016 (Terminal time). .

Note:

Registration for the next competition finishes 1 hour before the contest starts.

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Weak Trades in China Slows Down Economic Growth


 

The exports and imports in China fell short of expectations as it dropped by 10% and 1.9% respectively in US dollars. This was triggered by a weak demand both domestically and internationally affected by the price hike in oil. Although in China’s perspective this became an advantage with higher returns. For analysts this is a sign for a slow growth in the economy but it is still inconclusive to say unless there is another substantial report that confirms slow development.

 



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current contest has already started on October 24, 2016 and will end on October 28, 2016.

You can register for the next competition which will take place from October 31, 2016 to November 4, 2016 (Terminal time)

Note:
Registration for the next competition finishes 1 hour before the contest starts.


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

EU Exporters Could End Up Paying Higher Tariffs to EU Than Vice Versa

 

EU enterprise exporting goods would pay higher tariff to Uk compared to the other way around. Around £12.9 billion are to be paid by EU enterprises just on tariffs alone after UK leaving EU and should Britain come in terms with the World Trade Organization. In exchange, UK enterprise exporters has to pay around £5.2 billion for tariff in a year. This implies the significance for both parties to settle their post-Brexit trade deal. A study has been conducted showing 22 out of 27 EU members are found out to pay higher tariffs regarding exports to UK.

 

Additionally, the act of Belgium to not agree regarding the Comprehensive Economic and Trade Agreement (Ceta) between EU and Canada which has been an issue recently. Nevertheless, a representative of the campaign, Chris Grayling, said that this would not be a hindrance to settle an agreement with the British trade deal with EU.

 



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


China Reassures Investors to Impede a Six-year Low

 

Chinese Yuan is depreciating nearing a record low in six years. The government is finding ways to hinder the process and recover from this impending threat. However, the deputy Governor of People’s Bank of China (PBOC) said that there is no grounds for a relentless decline and they stopped it from happening.

 

China is giving off signs that the currency is being carefully monitored and investors should be careful in their trading positions against the currency. Despite this information, this would have much of an impact considering past connotations to the problem since the driving force is the appreciation of dollar.

 

The PBOC is saying if volatility arises, investors should not be agitated as they would definitely do something to stabilize the situation. China has already eased the local bonds and abandoned the necessity for inbound investment program quotas.

 

img1.PNG


Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Demand for Manufactured Capital Goods Weakened

 

The manufactured capital goods from America fell by 1.2% in September despite three consecutive months of gains. The demand for computers and other electronic products slowed down which is expected to affect business spending in the last quarter of the year.

 

Demand for new heavy machineries has been reduced because of the predominance of used construction equipments while the demand for transportation equipments declined by 0.8% that impelled durable goods lower by 0.1%. On the other hand, orders for electrical equipments and machineries including appliances has risen last month. However, this may shift course to a better predicament since the dollar appreciated as well as the oil and gas drilling activity has improved in the past months.

 

img1.PNG


Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Inflation Rate is Expected to Soar in 2017

 

The inflation rate is said to increase up to 4% in the second half if 2017. It is even higher than the forecast last August but the Bank of England is expected to further increase the rates. Although, there are obstacles in the economy that limits the growth.

 

 

The Consumer Price Index grew by 1% in September even higher than 0.6% increase in August, This has been the highest rate for almost two years caused by the higher costs of clothing, oil and hotel and is expected to increase the consumer prices in the next months to come that would only be transient. The last CPI inflation was back in 2011 that increased up to 4%. In effect, households will undergo changes in their standard of living which is worsen by the fall of pound. Moreover, this would suppress the consumer purchasing power.

 

img1.PNG

 



Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Gold, CHF Surges, Stocks Drop Amid Heightened US Election Anxiety

 

 

The stock market plummeted to its lowest levels since July, while the CHF surged along with gold prices due to an increase in market anxiety with only a week left before the US presidential election commences. As Trump edged past Clinton in the presidential polls, the prices of equities experienced a selloff with regards to high-risk assets, while the Mexican Peso (MXN) caused massive losses among the major currencies, especially since this particular currency is now seen as a gauge for the market’s sentiment with regards to the results of the elections. Safe haven currencies such as the CHF and JPY surged after traders sought to avoid high-risk investments. Treasuries held fast to its gains, while gold prices increased and reached its highest levels in over a month.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current Money Fall contest has already started on November 7, 2016 and will end on November 11, 2016.

You can register for the next competition which will take place from November 14, 2016 to November 18, 2016

Note:

Registration for the next competition finishes 1 hour before the contest starts.



-- Edited by Andrea ForexMart on Sunday 6th of November 2016 07:29:13 PM

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


Rise in U.S. Employment Growth Impact on Fed’s Next Rate Hike 

The employment rate in US has a significant increase that would finalize the decision for the December rate hike from Federal Reserve. Nonfarm payrolls also added 175,000 jobs in the month of October higher than the 156,000 jobs in September. It is predicted that the unemployment rate will decline by one-tenth of a percentage point to 4.9%. The Labor Department will release its employment report this Friday morning.

Though the US central bank is expected to implement a rate hike this december, the results of the U.S. Presidential election will still have a weigh on the decision. On Wednesday, Fed announced that the interest rates will not be changed but there is higher probability for the next rate hike.

 



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Company News by ForexMart


The current contest has already started on November 14, 2016 and will end on November 18, 2016.

You can register for the next competition which will take place from November 21, 2016 to November 25, 2016.

Note:

Registration for the next competition finishes 1 hour before the contest starts.



-- Edited by Andrea ForexMart on Monday 14th of November 2016 01:31:13 AM

__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

U.S. Dollars Strengthens Unabatingly That May Lead to Inflation

 

Greenback continues to surge with the unexpected win of Trump that signals inflation to take place sometime in the future. It climbed as high as 99.247 on Monday during Asian session from 97 handle prior to election. His principles advocated during his campaign such as protectionism, changes in immigration, infrastructures and debt spending set inflation back to the market at the same time, this would cause the U.S. Dollars to further appreciate in value. The U.S. 10-year Treasury yield rose more than 2 percent from 1.80 percent before election. This surge is expected to continue with short-term trend moves up, it is anticipated for U.S. Dollars to get stronger.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


Higher Volumes of Exports Boosted Japan's Economy

 

The Japan's economy have seen greater improvement from the month of July until September due to a higher number of international trades. The country's GDP escalated to 2.2% within three months. Japan is greatly concern about the anti-free trade rhetoric supported by the newly-elect US President D. Trump since it is expected that this campaign would bother the Japanese region.

 

Subsequent to the results of the U.S elections, the yen curtailed versus the dollar. Hence, the country's good became cheaper in abroad, this brought positive talks for the foreign exporters. The world's third-largest economy accumulated a better-than- expected result of 0.5% while the forecast showed 0.2% only. However, some analysts who stated that the nation is relying much on exports and considered that these are windfalls only.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Better Global Economic Standing Despite Rise in Unemployment Rate

 

Recent data showed a 3% growth but this was because of short-term fleeting factors. The unemployment rate stayed low while the underemployment and long-term unemployment has increased with weakened nominal wage and inflation. This is in contrast of unemployment rates released by IMF saying that it increased were majority part-time.

 

Australia's economic status is performing better than other countries and it would get stronger if there will be more investments and invigorate business confidence. However if the investments remained subtle, company earnings would be affected and be in tension. Also, the consumer consumption would stay low if the job earnings would not increase.

 

The RBA should keep interest rate slow and maximize infrastructure spending to increase in employment rates in current global economic environment.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Chinese Industrial Production Rose But Retail Sales Slowed Down

 

The economic activity of China was presumed to stabilize last month, however, retail sales fall off due to worries about the outlook of the US-China trade frictions under the administration of President Donald Trump. Moreover, the industrial sector performed a better-than-expected 6.1% growth in the month of October while the retail industry dropped an estimated 10% sales.  

 

China’s fixed-asset investment further acquire 8.3% increase for the past 10 months of the present year, this result exceeded the expectation from January to October seeing the government allocated infrastructure expenditures in order to reinforce growth as shown in the official data on Monday.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Morgan Stanley Bank Gained $10m After Stocks Rallied

 

Morgan Stanley acquired more than 10 million U.S. dollars equivalent to 8 million pounds of shares after Trump’s victory in U.S. presidential election. Stocks rallied in effect of post election and the bank, Morgan Stanley collected as much as a fifth of their collated earnings as their highest for more than a year.

 

After the election, this has been the best performance as stocks recovered from 2008 to 2009 financial crisis. The market sees Trump’s campaign to elevate inflation of infrastructures and Federal Reserve’s fiscal policies that further boost banks turnover.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

The Highest-Ranking Russian Official Accused for Receiving $2M Bribe

 

The Economy Minister of Russia, Ulyukayev were accused for accepting payments after he approved the takeover of 50% stake of Bashneft to a giant oil company, Rosneft. According to the investigators, the Russian minister collected $2m (£1.6m) worth of bribe, however, Ulyukayev pleaded not guilty on the allegation.

 

Alexei Ulyukayev is considered to be the highest-ranking Russian official to be dismissed and arrested since the failed coup in 1991.

 

The minister was arrested Tuesday morning and expected to face eight to 15 years of imprisonment but he continued to denied the blame and described it as  “an act of provocation against a state official”. Moreover, the court allowed him to take a house arrest until January 15.

 

President Vladimir Putin take an immediate action and impeached Mr. Ulyukayev since the 60-year-old minister broke the trust of Putin. The acting economy minister recently appointed was Yevgeny Yelin.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
RE: Company News by ForexMart


US Dollar Drops, Asian Stocks Bounce Back as Trump Victory Shock Fades

 

 

For the first time in nearly four days, Asian stocks increased in value while the USD dropped from its five-month high against the Japanese yen due to investors questioning the possible overreaction of the financial market to Donald Trump’s recent win during the US elections. The MSCI Asia Pacific Index increased due to energy shares after crude oil prices rose to its highest levels in seven months after the OPEC finally agreed on proposed output cutbacks. For the major currencies, the KRW had the most gains after rebounding from its near-record lows since June 2016. The Japanese 10-year bond yields were also able to maintain its zero value after staying within negative territory for a total of eight weeks.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


Dollar Falls, Bonds Increase, Asian Stocks Fluctuate Prior to Yellen Statement

 

The USD lost a significant amount of its value as compared to other major currency pairs while Treasury yields surged and Asian stocks experienced fluctuations prior to the release of the US inflation data, as well as a testimonial from Fed Chairwoman Janet Yellen which is expected to determine market expectations on the US interest rate. Meanwhile, the EUR edged higher after a nine-day slump as the dollar index reverted back from its highest level reached in nine months. New Zealand and Australian stocks extended its gains, while benchmark Treasuries also inched higher. Crude oil prices fell as American stockpiles incurred more gains in the market.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

The Number of Jobless Claimants in UK Grew by 9.8K

 

The office for National Statistics of UK presented mixed data of unemployment rate which fall to 4.8% from the previous 4.9%, it is considered the lowest since the third quarter of 2005.. The Claimant Count Change presented a negative outlook as the number climb up to 9.8k in the month of October, the result is greater than the expected which is 2K only.

 

Moreover, the data released last September got affected and modified as it rise to 5.6k with only 0.7K on the previous result. This occurrence showed some signals about the worsening conditions in the labor ministry. This complication further stirred the GBP/USD as it insignificantly slid downside.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Asian Stock Market Traded Mixed Due to Dollar Easing

 

The Asian market were trading mixed yesterday morning as the U.S Dollar strengthen along with the bond yields that increased as well, consequent to the victory of Donald Trump that  further stimulated fund flows from various developing markets.

 

Despite of the softening of the yen, the Japan's Nikkei 225 rose up to 0.51% on the back of the broad based strengthening of the greenbacks after the election. While the benchmark Kospi Index of South Korea were able to bounce back and gain 0.05% following the prosecutor’s affirmation that President Park Geun-hye is associated in the political scandal.

 

On the other hand, the Chinese shares is in an upbeat as its global benchmark, Shanghai composite expand to 0.65%. The Hang Seng Index of Hong Kong  moved higher up to 0.46%.

While Major economic news were released on Monday morning as the trade data of Japan for the month of October had dipped, the exports declined and the imports dropped 16.5%. The South Korea’s exports for the first 20 days of November had decreased with 0.25, imports plunged to 3.1%

 

While the petroleum products and other commodities made an upward momentum, the crude add up 0.83% and the Brent grew by 0.9%.

 

 

asianstockmarket.PNG


Attachments
__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

U.S. Treasury Yields Soar with Strong Dollar

 

The U.S. Dollar reached a six-month record high on Monday's Asian trading session because of Trump's planned fiscal policies and goals to drive growth. The uncertainty brought by the so called “Trumponomics” has made the financial market to buy dollars and sell U.S.

 

Treasuries which is expected to persist for some time. Although there might be correction near Thanksgiving.

 

For five years, the U.S. Treasury yields have reached a highest two-week gains. This includes all types of maturities which is an after-effect of U.S. Presidential election. People waiting what will happen next after Trump's victory has further boosted the greenback to thirteen and half year highs compare to basket of currencies.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Thai Economy Slows Down as International Risks Increase, Investments Weaken

 

The economic growth of Thailand slowed down during the previous quarter due to a relative weakness in the performance of private investments which is now compelling the Thai government to increase spending in order to shield the economy from an increase in international risks as well as burgeoning political uncertainties in the region following the death of King Bhumibol. Thailand is now expected to deal with added volatility in the financial market due to the unexpected results of the US elections as well as the death of the Thai king. On the other hand, the military junta has already guaranteed assistance with regards to infrastructure as well as financial support for farmers.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Australia’s Mining Investments Fosters growth to Economy

 

Mining improves the economy of Australia with recovery of investments and increase in commodity prices. Furthermore, the high demand for Aussie boosts the economy specifically in Queensland and Western Australia since the inflation rates are going back to normal levels.

 

The unemployment rate has decreased since the peak in 2015 which also slowed down the population growth where the past reports saying it has improved were overstated . Nevertheless, this slow growth is not as bad as it shown a less than expected results.

 

On the bright side, it is the progress of trades mainly the pricing between imports and exports that gives a promising outlook for the mining investment and the increasing demand for money gives buoyancy in the economy.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

CBI’s Latest Industrial Trends Survey Showed an Increase on Manufacturing Orders But Remained to be Weak.

 

The manufacturing order books heightened although the export orders and economic growth eased within this month as indicated in the order results of the Industrial Trends Survey.

The survey includes 430 manufacturers and assessed that the total order books restored its previous level which prevails during the whole period of summer and seen on top of the long-term average. Moreover, the orders for exports dropped down slightly but managed to sustain an above average result.

 

The volume for output made a slow growth which is about three months later. There is hope that the production for the upcoming quarter appeared to be in good shape yet its highest level was recorded last February 2015. In light of the steep decline of the sterling pound, manufacturers await for the possible extension of the average selling prices for the succeeding months.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Canadian Stocks Reaches Highest Levels in 17 Months Due to Massive Retail Sales Profits

Canadian stocks continued its increasing trend for a total of four days and has already reached its highest levels in 17 months as a result of massive retail sales gains, with retail sales clocking in its biggest profits incurred since April 2016. Canada’s retail sales data showed gains worth 0.6% in September 2016, its biggest gains posted since April and an indicator of the spending of the Canadian government’s recently-minted child benefits. Meanwhile, the Canadian equity benchmarks scored more gains as  the DJIA reached up to 19,000, while the MSCI index for both developing and developed markets increased by up to 3.6% for 2016 and could possibly hit its record highest yearly increase since 2013.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
RE: Company News by ForexMart


Sluggish Trades Affect Germany’s Economic Growth

 

The economic growth of Germany slowed down by 0.2 percent in the third quarter even though both the government and consumer spending has significantly increased. Mainly due to the feeble foreign trading that brought an impact to Europe’s largest economy.

 

The Government spending rose by 1.0% while the Household spending climbed by 0.4%, both adding 0.2% to GDP economic growth. However, the net foreign trade deducted 0.3 percentage point from GDP growth since exports fell by 0.4% while imports ascended by 0.2%. This implies that the companies are withholding investments in the brink of low monetary policies of the European Central Bank.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


U.S Dollar Gained Much Power Even Before Trump’s Victory

 

The greens continuously rise after Donald Trump won the American presidential election. However, these upsurge angst companies that imports their products to other countries which caused few investors to place the full responsibility to Trump for they earning less than their average gains because the dollar is too strong.

 

Moreover, these complaints were on the deck before the new U.S President-elect take his position. The squawks from companies point out that the cause of low earnings is due to the issues regarding the stronger dollar. Some of the large companies that the currency brought headwinds into their firms include Apple, Alexion Pharmaceuticals, Kraft Heinz, Procter & Gamble and Whirlpool.

 

According to the research made by the Pavilion Global Markets that current stance of the dollar is the top reason why companies earned worse than their expectations, followed by issues concerning Brexit, election, the Fed, and wages.

 

Nevertheless, Jim Paulsen from Wells Capital Management said in an interview that he predicts that the greenbacks will experience a decline for 2017 because of the increasing inflationary expectations.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:

Service Sector Affected by Low Optimism in the Economy

 

Low consumer spending and rise in wages affected the Service sector of U.K. for this month of November. This would bring negativity this Christmas season since pound has also depreciated. Companies rendering professional services are expected to decline in sales while it is the opposite for consumer services which is predicted to rise in sales in the next three months.

 

Even though, the consumer confidence has weakened, the employment growth remained steadfast. Consumer companies may allocate funds to training which will increase spending but cut down expenses on location, vehicles and machineries.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
RE: Company News by ForexMart


Base Metals Continued to Surge Due to Increase in Infrastructure Spending

 

Metals had a persistent improvement amid on the supposition on Trump’s infrastructure expenditure and weakness in the overall inventories. Copper was able to arrive on its one-week high after the extensive downfall of the base metals. In trading copper within Asia has reached $269.90. However, investors speculate that Trump’s fiscal investment is almost $1trn which is expected to be the driving force for growth but will lessen the supplies considering the fact that China’s yuan hedging. In light of this, the bullish impetus gives rise for the demand of the trend-following fund as it was able to surge the buying pressure. Furthermore, the industrial metals sustained an upward lift amid the strengthening of the U.S dollar compared to other currencies.

 

Despite China’s procurement of copper as a hedge to overcome yuan devaluation, the data issued specified a positive growth in supply. There is also an expected rally in prices of other  base metals in order to raise an opportunity to replenish short trading commodities.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


Gold Recovers from Nine-Month Slump as USD Drops

 

 

Gold stocks were able to recover from its recent nine-month slump as the USD’s strength which sent gold prices down and pushed silver into a bearish market finally fizzled out. As gold finally clocked in its first increases in four days, its weekly loss was cut back by up to 2%, while prices have all but decreased following the release of highly positive economic data and expected increase in national spending after Trump’s recent win increased market expectations of added interest rates. As a result, a lot of investors are now selling off gold-backed investments, the fastest selloff seen in three years.



__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
RE: Company News by ForexMart


Oil Market Uncertainty Brought the Prices Down

 

Market still awaits if OPEC will be able to reduce their production output on Wednesday bringing the oil price down on Tuesday. The next OPEC meeting will be held on Wednesday at Vienna to come up with a decision to cut production. This brought uncertainty in the market resulting in high volatility. Political considerations and set agreement for quota of countries hinders from coming up to an agreement. If there will be no agreement reached, oil prices are expected to rise averaging $45 per barrel until next summer.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
Economic News


OECD Expects 3% Growth Slip for Australia Until 2018

 

The intergovernmental economic organization, OECD has released its recent assessment regarding the economic stance of Australia. According to the organization, the economic growth of the region has the tendency to decline by 3% by the end of the current year and expected to persist until 2018 by which the RBA already planned to had an increase of rates by the aforesaid period.

 

In the month of June, the country’s economy appears to be growing, however, economists studied that the Australian continent reached its soft spot where growth are limited after the issuance of national accounts for September were released on the 7th of December.

 

The OECD advised during this phenomenon of growth slippage, the government should lead the ways in order to recover as soon as possible through investing in infrastructure rather than implying a rate cut considering that the average housing prices and rates are relatively low.

 

 


__________________
Andrea ForexMart, Official Representative ForexMart


Senior Member

Status: Offline
Posts: 334
Date:
RE: Company News by ForexMart


As Energy Corporations Retreat, Canadian Stocks Drop to Lowest Levels in Two Weeks

 

Canadian stocks dropped to its lowest levels in two weeks after oil companies were subject to significant losses in the light of talks among producers prior to the OPEC meeting scheduled in Vienna, Austria within the week. Energy corporations led the S&P/TSX Composite Index lower after it fell by up to 1.4% for three consecutive days, which is  the longest losing streak for the index since November. Out of the 11 industries in this particular index, 7 companies experienced losses, and industrial stocks also retreated and were subject to significant decreases.

 

 

 


__________________
Andrea ForexMart, Official Representative ForexMart
1 2 37  >  Last»  | Page of 7  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard