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Forextime.com - ForexTime (FXTM) provides access to the global currency market and offers trading in forex, precious metals, Share CFDs, ETF CFDs and CFDs on Commodity Futures.
The recovery of Asian equities paused on Tuesday, following a pullback in Europe yesterday and the likelihood of U.S. stocks opening in red when traders return to their desks after a long weekend. The Japanese Nikkei 225 led the losses, falling more than 1% with...
Asian equity markets continued to build on last week’s gains, after U.S. stocks capped their best week since 2013. Investor sentiment has gradually improved after fears of rising inflation sent most global indices into correction territory. The Cboe’s Volatility Index (VIX) ended Friday’s session...
Oil bulls got another thing to cheer about today as Russia and OPEC announced they were looking to draft a long term agreement around an alliance to help control oil markets. This seems like a fantastic opportunity for OPEC, but in reality Russia has...
The U.S. inflation figures for January have been anxiously awaited by investors after wage growth sparked a sharp selloff in equity and treasury markets last week over fears of an overheating economy.Wednesday’s data confirmed that inflation in the world’s largest economy is on the...
After wiping off more than $5 trillion in market cap past week and volatility hitting the roof, global equities are finally showing signs of stabilization. U.S. stocks continued to recover from the correction levels on Tuesday with main indices posting a three-day winning streak....
Investors around the globe will closely monitor how the stock markets perform throughout trading today, following the rollercoaster ride that the financial markets experienced last week.Although it would not be an understatement to suggest that volatility in global stock markets has reached intense levels,...
The equity bears are back in town and they most certainly have their claws out. Markets had briefly recovered and were looking upbeat for the most part, however there has been a change today in that the bears have come back into the market...
Investors across the globe are finding it difficult time currently to decide on whether to buy the recent dips, or to remain on the sidelines until the dust settles. After gaining 1.2% on Wednesday, the S&P 500 closed 0.5% lower in the biggest reversal since...
Markets are panicking, and investors are finding few places to hide after the Dow Jones Industrial Average plunged more than 1,500 intraday before closing 1,175 points lower at 4.6% on Monday. The hysterical sell-off showed no signs of letting up in Asia with the...
When markets are priced for perfection, a slight shift in sentiments causes much damage. This is what we saw last week after U.S. jobs report showed wage growth accelerated at its quickest pace since mid-2009. It seems the Fed will be faced with a...
The FOMC statement did not have the desired effect for the market today as it was rather flat for the bulls and the bears. While the FED was positive overall about the economy and that rates were likely to lift in the future, it...
After enjoying the best kickoff in more than three decades, the S&P 500 posted its biggest decline since 17 August 2017. All ten sectors traded in red territory suggesting that we didn’t see any rotation, but the selloff was broad-based led by Energy, Utilities,...
The U.S. dollar’s worst start in 21 years has reminded many investors of trade wars, particularly after U.S. Treasury Secretary Mnuchin commented about the benefits of a weaker dollar and the decision by President Trump to impose tariffs on imported solar panels and washing...
The Australian dollar has been doing okay against the USD in recent times on the back of the commodity boom that has been promising. However, there have been some minor hiccups so far with iron ore prices dropping 4.4% overnight on the Asian exchanges....
The U.S. government entered its third day of shutdown after U.S. Congress failed to arrive at a short-term budget deal. Although the story has been a major talking point among media, investors don’t seem too worried about the impact on their investments. Price action...
Oil has been one of the standout trades in 2017 and so far in 2018 it has looked positive. One of the reasons behind that has been the constant drawdown's in inventory in the US which has helped push up prices further. Today's reading...
The dramatic plunge in Bitcoin and other cryptocurrencies over the past two days erased almost $300 billion dollars in total market cap. Investors who bought Bitcoin around its peak of $20,000 would have suffered the most as the price fell below $10,000 on Wednesday....
The greenback’s sell-off paused early Tuesday after touching its weakest level since January 2015. Traders have been selling the buck across the board since Monday even though U.S. markets were closed for Martin Luther King Day. This suggests that growing optimism about global economic...
Many traders have been caught by surprise by the extent of the dollar’s decline over the last week. The USD index fell below 91 for the first time since January 2015, and Friday’s 0.96% drop was the second biggest since January 2017. More surprisingly,...
The US markets have continued their hectic pace this year as the S&P 500 reached new highs on the back of economic figures. These figures showed that while initial jobless claims lifted to 261K (245K exp), the continuing claims figured dropped to 1.87M (1.92M...
The outstanding performance for equities which sent many major indices to record highs may have just paused.Asian stocks were trading broadly lower on Thursday after Wall Street notched its first daily decline in 2018.  It was neither economic data nor earnings that prompted the...
Oil has swung back into centre stage with it leaping higher, even with a strengthening USD today. This is a slight surprise given that US crude oil inventories won't be released until tomorrow, and in all likely hood they're expected to show a minor...
Led by Wall Street, global equity markets continued to enjoy one of their best starts in eight years. The Japan’s Nikkei 225 marched to a new 26-year high after the S&P 500 and Nasdaq Composite set record closes in the previous session. In Europe,...
Asian markets woke up on Thursday to the news that Republicans had passed the long-awaited tax bill. President Trump is now just a pen stroke away from overhauling the tax code. Interestingly there aren’t any fireworks on the announcement of Trump’s Christmas gift; because...
The Kiwi has been the talk of currency markets today as it's economic data continued to show weakness for Q4 of 2017. Yesterday's drop in business confidence was followed up with a sharp drop in the trade balance m/m, as it came in at...
Asian equities were mostly higher on Monday after Wall Street closed on record highs last Friday the U.S. Congress seemed very close to passing a final bill that will reduce corporate taxes from 35% to 21%.The House and Senate are expected to vote on...
The Greenback ventured to a two-week high against a basket of major currencies on Friday morning, amid investor optimism over U.S. tax reforms.Today’s main risk event for the Dollar will be the U.S. non-farm payrolls report, to be released later today, which should offer...
Trump’s decision to recognize Jerusalem as the capital of Israel and move the U.S. embassy to the new capital, was the major news headline yesterday. Despite many warnings from Arab and European leaders that the move would have dangerous consequences, financial markets seem to...
Global equity bulls were nowhere to be found during Tuesday’s trading session as market players evaluated the possible impact of proposed US tax cuts. World stocks were mostly lower amid a global technology selloff, with the lack of appetite for riskier assets punishing European...
Despite U.S. equities closing at new records on the tax breakthrough, it was interesting to see the dollar retreating slightly against its major counterparts. It seems investors are still anxious about how the Senate will reconcile its tax bill with the House of Representatives...