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LONDON SFH  09:22:13 GMT - 09/28/2016  
yawn...


ForexMart Luis  09:10:38 GMT - 09/28/2016  
Mexican Peso, Asian Stocks Surge as Clinton Comes Out Debate Winner for Investors

The Mexican peso as well as Asia-based shares experienced an upsurge last Tuesday after investors seem to pick out Democratic Party nominee Hillary Clinton as the winner of the first US Presidential Debate against Republican pick Donald Trump. South Korea’s .KS11 and Shanghai’s .SSEC increased its value, while MSCI’S index of Asia-Pacific shares (.MIAPJ0000US) went up by 0.2%. The USD decreased in relation to the JPY, going down from 100.74 to 100.08 JPY=. The Mexican peso also strengthened against the USD, with the USD weakening by 1.9% against the MXN after consecutive price lows on top of concerns that a possible Trump administration could become a threat to Mexican exports to the US.

Analysts are stating that this sudden increase in the Mexican peso as well as in Asian stocks are indicators that market players and investors are closely monitoring the financial market, especially now that the United States will soon be electing its new head of state.


ForexMart Luis  08:54:00 GMT - 09/28/2016  
 
Canadian Prime Minister Justin Trudeau approved the construction of the coast for the liquefied natural gas (LNG).
After three years of regulatory approval, the LNG project were officially agreed. This is also the first major energy project of Trudeau ever since he was appointed less than a year ago. According to the Environment Minister of Canada, Catherine McKenna, the plan were granted after thorough reviews and series of conditions and that is to help lessen the greenhouse effect.
It is one of the biggest project that the country will uphold which will have an estimated cost CA$11.4bn ($8.6bn/£6.6bn). The terminal will be constructed in the northern coast of British Columbia. One of the leading oil company, Petronas will manage the energy project. This is also expected to subsidize CA$2.9 billion per year to Canada's GDP.


ForexMart Luis  08:37:39 GMT - 09/28/2016  
Bank of Japan to Work with PM Shinzo Abe in Order to Beat Deflation and Improve Economic Growth

Japanese Prime Minister Shinzo Abe has told economic analysts on Wednesday that the government of Japan will be closely working with the country's central bank and will utilize all possible policy tools in order to combat rising deflation rates and bolster Japan’s economic growth. The Bank of Japan’s most recent shift was with the central bank’s policy framework, whose goal was to hit the 2% ceiling inflation target, according to Abe’s statement to Japan's upper parliament house.


Munich Luis  12:11:39 GMT - 09/26/2016  
 

Goldman Sachs MBS to Cut Down Investment Banking Jobs in Asia by Up to 25%

New York-based banking firm Goldman Sachs is set to do a retrenchment in its investment banking jobs in Asia by up to 25% excluding Japan following a collapse in banking deals in the region. According to a reliable source, the firm is planning cut down 75 banking jobs in Asia before the year ends. The sudden cut down in jobs has come out as Goldman Sachs is now in its lowest equity issuance ranking in Asia since 2008, with the firm going down to 11th place from last year’s 2nd place. Representatives from Goldman Sachs MBS has not yet released their sentiments on the said issue.


Munich Luis  12:01:55 GMT - 09/26/2016  
 
The slowdown of China is a big threat for the global economy, Rogoff said.
The BBC News conducted an interview with the former American economist, Ken Rogoff stating that it was very perilous when the economy of China slowed down because it would create a great impact for the global economy.
Moreover, the economist affirmed such statement seeing that the sovereign state is struggling under a political power and structures which resulted for the so-called “largest manufacturing economy” to fall off. The country also were able to sustain its position for 30 years, however, profuse analysts got upset when the stock market of the country crashed.


Munich Luis  11:49:41 GMT - 09/26/2016  
 
Weak Canadian Dollar Possibility for a Cut Rate or a Price Hike?

Annual inflation Rate plunged to a 10-month low this August caused by unexpected decline in retail sales. It dropped to 1.1% for seven consecutive months which is below than the target of 2.0% by the Bank of Canada.

This implies a higher risk for a price cut to take place more than a hike next year. The probability of 20% rate cut has doubled to 40% from the reports based on Overnight Index Swap. Household debt reached a record high in the 2nd quarter this year which becomes a problem since majority of the economy relies on domestic spending. Price hike is not happening soon until 2018 whereas the Bank of Canada will publish its economic forecast by third week next month.


Munich Luis ForexMart  11:48:28 GMT - 09/26/2016  
ForexMart is regulated by the Cyprus Securities Exchange (CySEC)

The industry’s rising game changer, ForexMart, is an investment company operating worldwide. ForexMart is regulated by the Cyprus Securities Exchange (CySEC) with license number 266/15 and a member of the European Securities and Markets Authority (ESMA). The company offers numerous financial instruments to diversify a portfolio. It also adheres to the regulations set forth by the Cyprus Investment Services and Activities Regulated Markets Law of 2007 and the European Financial Instruments Directive (MiFID).
For as low as $1, a novice trader can open a ForexMart account and enjoy superb trading platform, incomparable trade execution, and competitive spreads. Clients can trade forex, CFD on shares, and spot metals (leverage for gold and silver trading is 1:100). Traders can also use a leverage of 1:1000, one of the highest leverages on the market. The Cyprus-based firm also takes pride in its 24/5 client support, as well as latest and substantial educational materials to discover new opportunities and improve trading skills.
ForexMart has two bonus offerings: 30% Bonus and No Deposit Bonus. When a trader opens an account and makes the deposit, the company deposits 30% of the total amount of money deposited. The No Deposit Bonus allows clients to test trading platforms without experiencing any investment risk.
The company also provides free VPS hosting to all its clients.
ForexMart is the official partner of Union Deportiva Las Palmas, a Spanish La Liga football team.
If you find ForexMart interesting, please do leave some feedback on this post, and I will be happy to assist you.






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Mon 27 May 2019
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