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Company News by ForexMart

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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 02, 2017 11:31 am

Consumer Confidence of the Eurozone Plummeted


The consumer confidence of UK for this month declined while the British currency weakened. The prices rose and wage growth dwindled which influenced the Britain’s economic powerhouse.


The monthly household sentiment of GfK had a dipped and stayed below zero for the 10th month. The level for major purchases also decreased which implied that British citizens probably controlled their expenditures.


Another assessment by YouGov coupled with the Centre for Economics and Business Research is the job security index which further decline reaching its lowest result three years ago.


After the Brexit referendum, the private consumption as well as the services industry have compelled the economy, however, it set out some signs of economic strain. During the EU exit, the inflation increased as the energy cost climb higher together with the 16 percent cut in the sterling pound.

Furthermore, the growth of credit had a steep decline in December whilst retail sales inched up at its slowest pace since January 2014.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 02, 2017 11:47 am

Investors Shift Focus from Trump Statement to Fed Movements


Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the Federal Reserve’s interest rate hike in spite of Trump’s speech lacking significant details. This has been a cause of relief for Japanese investors, since a shift in the market focus would offer some sort of buffer for the Japanese yen, whose value seems to be consistently weakening during the past trading sessions. The JPY increased its losses for the third consecutive day, while Japanese equities posted rallies during the past session.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Mar 08, 2017 5:29 am

The current Money Fall contest has already started on March 6, 2017 and will end on March 10, 2017.


You can register for the next competition which will take place from March 13, 2017 to March 17, 2017


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Mar 08, 2017 6:20 am

Philip Hammond to Allocate $676 Million to Boost UK Tech


UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer more than 550 million pounds or over $676 million sourced from the National Productivity Fund in order to improve the country’s technology and innovation sector. The said funds will be directed to developments in robotics, artificial intelligence, and even electric vehicles, according to a statement released by the Treasury. In addition, Hammond also plans to improve 5G mobile network coverages in UK by way of this particular funding.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Mar 08, 2017 7:00 am

$1000 Draw


ForexMart clients can now get a chance to win $1,000 by joining ForexMart’s Chance Bonus offer. Simply deposit at least $300 or more in your trading account and you will automatically become qualified for the raffle.
Winners of the Chance Bonus offer will be chosen via random electronic draws. The $1000 is automatically credited every Monday to one of the eligible accounts which met the conditions of the raffle during the previous week. The Chance Bonus offer can also be mixed with other types of ForexMart bonuses. Clients can also opt to cancel their Chance Bonus eligibility by sending us a notification e-mail at support@forexmart.com.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Mar 08, 2017 7:23 am

Australia's Interest Rate Remained on Hold


Australia kept its interest rates steady on Tuesday, March 7, because the property prices of Sydney continued to increase its risk which exceeded a much-lowered inflation rate.


The Governor of Reserve Bank of Australia Philip Lowe concluded together with his board to remain the cash rate at 1.5 percent after a positive growth and optimistic performance in trading for the last three months of 2016. According to the poll led by Bloomberg, the decision were already projected by all 29 economists.


Moreover, the housing demand in Sydney remained stable since buyers settled a property in the city which further ratcheted up debt records.


The central bank decided to maintain its policy despite an extremely high house prices which partially stirred by the increasing population size coupled with the absence of family dwellings constructions.  

Furthermore, the country’s economy rose by 1.1 percent in Q4 versus the past three months and the 2.4 percent gained from a year ago.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 09, 2017 6:16 am

Launching of Czech Version of ForexMart


ForexMart team have upgraded the website by adding a Czech version using the country’s native language. We are glad to introduce the newest Czech translation on (Date), which could help Czech and Slovakian citizens to easily interpret and find important information about the company’s special offers, partnerships and pool of trading instruments.
Clients could simply select the Czech language (or any other required language) by clicking the Czech flag on the language selector found in the upper right of the site.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 09, 2017 8:38 am

Canada’s Economy Lead Over other G7 Countries


The Canadian economy is expected to gain 2.4% this year with equal expectations as of the United States and in the lead of other countries included in the Group of 7. The estimates were based from the  Organisation for Economic Co-operation and Development
(OECD) release.


The international organization formerly mentioned about Canada’s possible economic improvement by 2.1 in 2017, which came in better and still appeared to be modest compared with the previous years of recoveries from economic decline.


The Paris-based institution hike up its projections for the selected biggest economies in the world which further includes USA and China, however, its evaluation for the world economy kept steady at 3.3% versus 3% in 2016.


Furthermore, the report mentioned that the US and Canada would likely outstrip other seven major economies which involve Germany as the next highest among the G7 with 1.8% growth in GDP.

For 2018, it is expected that the U.S. economy will earn 2.8% and 2.2% growth for Canada. Moreover, the forecast for the global economic growth is said to be 3.6%.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Mar 15, 2017 11:46 am

The current Money Fall contest has already started on March 13, 2017 and will end on March 17, 2017.


You can register for the next competition which will take place from March 20, 2017 to March 24, 2017.


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 16, 2017 9:11 am

Iceland's Jóhannesson Urges to Cut Interest Rates


Benedikt Jóhannesson, minister of finance in Iceland, have affirmed that the nation’s central bank had to slash interest rates another time in order to ease the pressure weighed on Icelandic krona  (ISK) together with the removal of capital controls.


Jóhannesson also mentioned that he does not have any “influence” regarding this decision as the government have taken these actions to lessen the pressure against the economy, as well as  to prevent overheating, to the extent of rising of budget surplus.


On one side, the administration hopes that the steps to cool down pressure on krona will be sufficient to realize more foreign investments for the pension funds. The ISK increased by 17 percent versus  the European currency on the previous year, it was able to climb higher due to burgeoning record of tourist inflow. On Monday, krona plummeted by 3 percent while bond yields rack up. The recovery of the currency was recorded on Tuesday in the capital city of Reykjavik with an increase of 0.6 percent.

The financial and legislative precautions were implemented as no one can say when will the country would experience the crisis again.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 16, 2017 9:41 am

Puerto Rico G.O. Bonds Dropped to its Lowest in 2 Months


Puerto Rico’s General obligation (GO) bonds dropped after the financial recovery plan has been approved which is comprised less than a quarter of total unpaid debts. The revised proposal was granted by Governor Ricardo Rossello on Monday aiming to cut the chronic budget deficits.


Securities due 18 years from now which is the most traded has declined by 5 percent with an average of 67.5 cents on Tuesday, its lowest price in two months while those bonds due after 22 years fell to 60.2 cents from 63.8 cents on Monday.

This plan will mark as the benchmark as they talk through on minimizing its debts. Although the outcome is negative, the authorities are still sanguine with the end result. The governor commented that the as of now, the country has chances to deal with various bondholders at different levels and they are still in the process of evaluating the best most suited solutions in consideration of bondholders and the people of Puerto Rico.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 16, 2017 11:32 am

Peruvian Economy Beef Up Reaching 4.81% Growth


In January 2017, the economy of Peru rose up to 4.81% which indicates the progressive the country’s growth for 90 months. The surge was supported by the excellent performance from the primary sectors, particularly fisheries and mining based from the National Institute of Statistics and Informatics (INEI) report released on Wednesday.


Head of INEI, Anibal Sanchez have said that the GDP of Peru gained 4% for the past 12 months from the months of February 2016 until January 2017.


During the first month of the year, the hydrocarbons and mining industry grew by 14.75%, at the same time the fishing activity boosted by 42.17%.

The economic development exceeded analysts estimates of 4.5% based on the Reuters poll. The upbeat figures were underpinned by the growth in foreign demand which proves 8.09% increased for total exports.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Mar 21, 2017 5:43 am

Germany and Japan Promotes Free Trade Deal


German Chancellor Angela Merkel and Japan’s Prime Minister Shinzo Abe discussed free trade between countries on Sunday’s major technology fair. Both representatives would like to aim for a faster pace regarding this matter and wanted to have an agreement in this year while G20 finance ministers and central banks commented an open trade during their two-day conference in Germany. The issue of Protectionism was avoided by both leaders in the beginning of the CeBIT technology fair, implying that people are currently more open with regards to free trade and open borders with giving importance to democratic values.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Mar 21, 2017 7:45 am

The current Money Fall contest has already started on March 20, 2017 and will end on March 24, 2017.


You can register for the next competition which will take place from March 27, 2017 to March 31, 2017


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Mar 21, 2017 10:27 am

Denmark Repayment of Debt After 183 Years


The Scandinavian country, Denmark is scheduled to pay off its latest foreign currency loans with an amount of $1.5bn at the present moment. Freeing the nation from any debt obligations regarding FX which will happen for the first time in 183 years.


Based on the records of the Danish central bank, the government almost paid the loan back in the year 1894, that was the time when the total of FX debt was lower than 1 percent of the GDP.


Denmark had its first foreign debt during 1757 with a half a million worth of rigsdaler issued by Netherlands and Germany. Moreover, the external debt owed by the country expanded in order to finance 19th-century wars. Despite the repayment, the sovereign state is not fully clear from debt, except for all krone-denominated concerns.

The debt-to-GDP ratio of the state as a whole is considered one of the least among the list of major economies in the European region, accumulated 38 percent and projected to drop about 36 percent for next year announced by the European Commission.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Mar 21, 2017 10:55 am

Launch of “Analytical Reviews” Section


Dear clients!

We are glad to inform you about the launch of “Analytical Reviews” section on our website. Since then you won’t have to look for financial analytics on third-party resources – you just need to visit the relevant section on the ForexMart website.

In this new analytical section it will be possible to find up-to-date information about popular currency pairs, trade ideas and recommendations, as well as analytical reviews, forecasts, charts and overall description of the current market situation.
We hope that this innovation makes your trade more convenient and pleasant. Stay tuned and remain abreast of the latest economic trends with ForexMart!
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Mar 24, 2017 6:06 am

South Korea’s Economic Expansion Remained Slow Amid Recovery in the Global Market


In spite of signs of improvement in the global economy, Yongmaan Park, Korea Chamber of Commerce & Industry (KCCI), affirmed that South Korea still lack momentum for the early recovery. The KCCI chairman announced this in a National Assembly with the four of the main South Korean political parties held in Seoul.


It became evident that the country is continuously suffering from a growth failure with the Bank of Korea based on the forecast of economic development at 2.5 percent for the current year, including an increase in jobless rate, high household debts and the penalties imposed by China with regards to missile row.

Moreover, Park also mentioned that they are currently sustaining a growth rate with a range of two percent.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Mar 24, 2017 6:48 am

Slew of Scandal Involvements Prompts Samsung to Apologize to its Investors


Tech giant Samsung Electronics Co. issued an apology last Friday following the firm’s involvement in several national scandals that eventually led to the impeachment and eventual ouster of former South Korean president Park Geun-hye as well as the infamous recall of the company’s flagship smartphone, the Samsung Galaxy Note 7. In addition to the said apology, Samsung has also promised to improve its internal governance amid pressure from its investors. Samsung Vice Chairman Kwon Oh-hyun delivered the said apology during its annual shareholders’ meeting. Samsung heir Jay Lee was not present at the said meeting as he is currently facing several bribery and embezzlement charges.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Mar 24, 2017 12:05 pm

ForexMart App is Now Available on Mobile
  
You can now use the ForexMart application on mobile.


We are launching ForexMart application on 11 january. It can be downloaded from both App store for Apple and Play Store for Android users. This allows users to trade anytime and anywhere at their own convenience by just connecting to an Internet service provider.


More and more consumers are shifting toward mobile platforms with continuous improvement in technology. Forex trading apps simplifies trading and allows accessibility through mobile phone that makes it more convenient. There is still wide range of options in placing orders from mobile devices such as iPhone or Android.


ForexMart app offers different features. Traders can access multiple charts that give real-time quotes as well as relevant economic news and latest forex analysis. Exchange rates over 100 different currencies are also available with buy and sell options. The application is especially designed for forex trading that is easy to navigate and works glitch-free for more efficient trading.

Forex traders will find this app very useful and handy. Check out this new app from your App Store  or Play Store!
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 30, 2017 12:03 pm

Nigeria and Norway Seek Opportunities to Non-oil Sector investments


Stakeholders from Nigeria and Norway looked for opportunities outside to increase direct foreign investments from the non-oil sector to uplift its economy and improve bilateral ties. The Nigerian Export Promotion Council (NEPC) assumed possible earnings as much as $18 billion by 2019 if properly executed.


The Nigerian-Norwegian Chamber of Commerce (NNCC) was established to promote trade and investment to lessen the barrier and limit transaction risks between countries.

Norway has an advanced industrial sector while Nigeria presents opportunities with high capital, agricultural sector, infrastructure, vast mineral resources and value added manufacturing. They complement each other moving towards the same goal of economic diversification from the conventional growth driver which is the energy sector.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Mar 30, 2017 12:39 pm

POBA Acquires Brederode Worth W130b


Public Officials Benefit Association (POBA), a local authority that manages the retirement funds of functionaries, were considered to be the bidder for Belgium-based venture company, Brederode worth 130 billion won (US$117 million), as mentioned by some sources on Tuesday.


POBA is said to acquire 100 percent stake of the company from an unnamed real estate investment trust (REIT) for 74 billion won (US$66 million). While the other  56 billion won (US$50 million) will be used to finance a loan from a local financial organization.


The association expects to obtain a 5% annual return derived from the transaction after six years.


The office complex is made up of three 6-floor buildings comprises of  22,300 square meters. The establishment can be found at Brussel’s commercial centre city, near the Central Station and Belgian Royal Palace.


The building has been permeated by six corporation which involves the global law firm,


Linklaters LLP with more than 13 years of contract under Brederode.

According to an unknown official from the Seoul-based organization, the company takes its focus on the real estate market in the European mainland on the back of Brexit triggered in the previous year.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Mon Apr 03, 2017 11:55 am

The current Money Fall contest has already started on April 3, 2017 and will end on April 7, 2017.


You can register for the next competition which will take place from April 10, 2017 to April 14, 2017.


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 04, 2017 5:24 am

Turkey Inflation Rates Reached Double Digit After 5 years


The price for the Annual consumer price increased as high as 11.29 percent in the month of March as the country faced with economic problems as Lira dropped down and the surge in oil market which is the worst condition since 2008. This caused the inflation rates to reach double digits for the first time in five years.


The policymakers are being pressured as they try to stabilize the weakened currency and at the same time sustain the growth by the start of the year. Currently, the central bank targets inflation rates from 3 to 7 percent but the March result was not as expected with the 10.7 percent reading.

Although, the Lira has been secured in the past few months because of tightening in its monetary policy. The economic growth also has shown signs of recovery in its recent fourth quarterly GDP as it rose by 3.5 percent after a drop of 1.8 percent in the past quarter which has been the worst decreased since the financial crisis.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 04, 2017 11:25 am

Australian House Values Surged by 1.4 percent in March


The housing prices in the main cities in Australia accelerated in March with the fastest growth in annual basis nearly in seven years.


According to a CoreLogic, California-based property consultant, the house price index from the major towns rose to 1.4 percent in the previous month versus the gain of the other month.


Moreover, the annual growth rate of prices ascended to 12.9 percent from its previous figures of 11.7 percent. The result beat the past highest point in 2015 as well as the fastest pace recorded in May 2010.


This event triggered concerns of Reserve Bank of Australia (RBA) based on speculations that it was fueled by debt which could affect banks and consumers eventually.

The central bank implemented more constricted guidelines on investments and interest-only mortgages as a means to ease the market. The RBA further increased interest rates and blamed regulatory costs.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Apr 05, 2017 10:39 am

Student Debt Burden Weighs Down US Rates—Dudley


Fed New York President William Dudley stated that US interest rates are being weighed down by the increasing burden of student loans, and that policymakers should seriously consider implementing free tuition fee rates for college students. In addition, Dudley and several of his colleagues are saying that the US economy has already lost its potential to grow as fast as before the financial crisis in 2008 due to a number of factors, such as a steadily-aging population, diminished spending powers by households, and very dismal productivity growth.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Apr 06, 2017 10:15 am

Europe’s Banking Lobby Raises Concerns in Financial Stability Over Brexit


If Brexit negotiations did not end well could affect the wholesale banking and financial stability according to the banking lobby in Europe. The Association for Financial Markets in Europe (AFME) emphasized concerns faced in Brexit including access to the bloc but at the same time aiming to maintain being part of the single market.


On the other hand, the European Securities and Markets Authority (ESMA) is said to be important in resolving the issue of maintaining the “equivalence” operation between E.U. and
non-E.U. firms, according to the AFME.

In the part of E.U., they also need to manage policies in the financial markets, gain the trust of financial firms from London while mediating the negotiation with Britain and curbing undiversifiable risk inherent to the process. It makes the whole system complicated and harder to manage systematically.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Apr 06, 2017 10:49 am

German Advisers Argued ECB Cashless Society


The economic experts of Germany have given their advice regarding the zero-interest rate policy of European Central Bank (ECB) and the possible serious risks it might bring to the country’s financial sector.


Wolfgang Schaeuble, Finance Minister of Germany, have recommended about the limitation of cash transactions about 5,000 euros as a means to fight against illegally-gained money together with the terrorist financing. However, the plan was opposed over by the German nation.


According to reports, there are banks and insurance corporations that ran into financial difficulties, particularly in generating profits and filling in their expenses because of the extremely low-interest rates.

Mario Draghi, President of ECB, mentioned the substantiality of cash as the medium of paying out upon the introduction of the new €50 banknote. The 69-year old Italian economist further stated that the three-quarters of payments in the European region were done by cash, hence its essentiality remains in the economy.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Apr 07, 2017 11:35 am

Indian Economy to Accelerate by 7.4%, says ADB


The Indian economy is projected to increase by  7.4% amid the fiscal year 2017-2018 versus its previous growth of 7.1%. The boost occurred due to lift in public investment and demand in consumption goods based on the statement of Asian Development Bank (ADB) on Thursday.


According to the latest 2017 report of  Asian Development Outlook (ADO), 2016-17 GDP data failed to obtain the demonetization effects and the decline influenced the continuous slide of investments.


Moreover, ADO anticipates for the consumption to climb higher since there are additional bank notes set in the circulation following the shock withdrawal on highest-valued currencies happened on the 8th of November. The plan for an increase in salary and state employees pension were already implemented.

The ADB further expected the acceleration to 5.2% in the current year till 2018 while 5.4% in the coming 2018-19 considering the economic recovery along with the rebound of commodity prices.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 11, 2017 4:58 am

The current Money Fall contest has already started on April 10, 2017 and will end on April 14, 2017.


You can register for the next competition which will take place from April 17, 2017 to April 21, 2017.


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 11, 2017 8:32 am

U.K. Consumer Spending Sluggish Rate Amid Brexit


The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in more than three years in March 2017. With the Brexit preparations began its process, the economy has lost its impetus.

The data in March alone dropped to 0.7 percent lower than the prior month after reaching a flat status in February. Another data from Visa also indicates that the consumer spending tumbled after raising its levels in late 2016 as the household purchasing power becoming tight with rising prices. The consumer prices are predicted to ascend by 2.3 percent annual rate similar to February’s rate according to Reuters survey of economists.On the other hand, the National Statistics Office released their inflation data for the previous month on Tuesday.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Apr 12, 2017 10:13 am

Bank of Canada to Maintain 0.5 Percent Benchmark Rate


The Canadian central bank will release on Wednesday the economic outlook of the country, however, the decision to kept the interest rate unchanged at 0.5 percent remain indecisive.


According to a combined forecast of 22 experts surveyed by Bloomberg News, they expect the Bank of Canada (BoC) would maintain its 0.5 percentage rate.


The latest adjustment made by the BoC was during mid-2015 with a 0.25 percentage point spearheaded by the decline in commodity costs.


The focus turned to the up-to-date report of Monetary Policy which is published quarterly which provide a breakdown of the predicted economic performance of Canada. While figures suggest a stable condition for the region considering the favorable January Gross Domestic Product which is the most recent monthly GDP available. The stat showed that there is a possible four percent growth within this year.


The semi-annual assessment further projected that the country will rose by 2.1 percent amid 2017-18.

Economists had guesstimate whether the financial institution will reach that point. Alongside the strong GDP, the employment growth has seen to strive gathering some steam.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 18, 2017 5:31 am

To Our Beloved Clients,


ForexMart now have IB official in Malaysia. He can help to make a transfer / deposit / local production for all customers from Malaysia. Please contact deposit-malaysia@forexmart.com for more information.


All the best,

ForexMart Team
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Apr 19, 2017 10:50 am

Dear Client,


We are very glad to introduce to you a new account type in ForexMart.


Micro account is now available in ForexMart where you can trade with a minimum order volume of 0.01 cent lot. This allows you to trade with minimal trade volume possible. Despite low order volume, you can maximize your trading and avail our maximum leverage as high as 1:5000 similar to other trading accounts. You also have full access to all trading instruments with tight fixed spreads.


You can visit our website and register anytime. Should you have any questions, feel free to contact our customer support.


We wish you a successful trading!


ForexMart is an investment company regulated across the EU region. We offer the highest quality of service to our clients including a 30% trading bonus for every deposit. Register with us and get your bonus today.


All the best,

ForexMart Team
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Re: Company News by ForexMart

Post by Andrea ForexMart on Wed Apr 19, 2017 11:24 am

The current Money Fall contest has already started on April 17, 2017 and will end on April 21, 2017.


You can register for the next competition which will take place from April 24, 2017 to April 28, 2017


Note:
Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Apr 21, 2017 7:59 am

New Zealand Inflation Came in Strong in the First Quarter


The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter which is the top-level over five years. Yet, the central is still committed keeping the interest rates low. Hence, the consumer price index (CPI) hovered in the middle range of the Reserve Bank of New Zealand's (RBNZ) within the 1 to 3 percent target range which they have attempted to lift higher for more than a year. The CPI ascended to 1 percent in the first quarter exceeding the expected 0.8 percent which also transposes the annual growth of 2 percent by analysts.


This hike in inflation was influenced by short-term gains because of high oil and food prices, a tax hike on alcohol and tobacco and the increasing costs of housing construction. The inflation is ascending although at a sluggish pace which keeps the RBNZ heedful according to the senior economist of the Australia and New Zealand (ANZ) bank.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Fri Apr 21, 2017 8:31 am

March and June Fed Rate Hikes Possible, According to Economists


Several economists are speculating that the US Federal Reserve could possibly be in for two more rate hikes this coming March and June, with the central bank possibly increasing its short-term rates within the week and another rate increase during the Fed’s meeting this coming June. Fed officials have maintained their current rates after they increased their federal funds rate last December 2016. The central bank had already penciled in a total of three possible hikes for this year but refused to indicate the exact date of the implementation of these said rate hikes.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Mon Apr 24, 2017 12:18 pm

The current Money Fall contest has already started on April 24, 2017 and will end on April 28, 2017.


You can register for the next competition which will take place from May 1, 2017 to May 5, 2017


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 25, 2017 11:10 am

China’s Bullish GDP Growth Stabilizes Yuan


The first quarter data of China has come out after a solid positive gain causing a slowdown in capital outflows to stabilize the currency following a selloff last year. They are optimistic to attain the 6.5 percent GDP growth for this year as mentioned by the Finance minister Xiao Jie. This is a good signal indicating the strengthening of yuan and capital flows are gaining back by the country.


The interest rates are moving in an upward direction despite tighter policies to curb the fast growth of credit hampering the economic progress. Yet, economic growth advanced faster-than-expected 6.9 percent in the first quarter, weakening capital outflows and more stable cross-border flows have strengthened yuan substantially. This has then eased the pressure regards to Foreign exchange reserves as it retreated with the surge of the greenback.

However, further tightening cannot be ruled out as it may change again abruptly especially when the currency come again under pressure with the global appreciation of the U.S. dollar.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 25, 2017 11:39 am

Asian Stocks Abated Due to High Risks


The appeal of Asian stocks to investors has subsided because of political and economic risks that overshadowed continuous returns over the past 26 years. Asian business has been good in the second half last year up to early this year and is the impetus is slowing down soon.


This put the Asian equities for a sell-off as investors have become cautious compared a few months ago. Moreover, political elections in Europe and profit taking in the U.S. bring in corrections that are not good. Another concern is the decline in cyclical upswings in China and the United States which has a big effect on global trading including equities of Emerging market.

Nevertheless, investors do not totally leave despite the high costs of stocks compare to other emerging markets but are still lesser cost than developed markets. The analysts forecasted earnings to rise by 17% this year.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue Apr 25, 2017 11:39 am

Asian Stocks Abated Due to High Risks


The appeal of Asian stocks to investors has subsided because of political and economic risks that overshadowed continuous returns over the past 26 years. Asian business has been good in the second half last year up to early this year and is the impetus is slowing down soon.


This put the Asian equities for a sell-off as investors have become cautious compared a few months ago. Moreover, political elections in Europe and profit taking in the U.S. bring in corrections that are not good. Another concern is the decline in cyclical upswings in China and the United States which has a big effect on global trading including equities of Emerging market.

Nevertheless, investors do not totally leave despite the high costs of stocks compare to other emerging markets but are still lesser cost than developed markets. The analysts forecasted earnings to rise by 17% this year.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Apr 27, 2017 9:13 am

March New Home Sales Surge by 5.8%


The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an indication that the demand for new homes are now gaining momentum as the peak selling season commences. The March reading for new home sales data is the highest level since July 2016, wherein home sales data peaked its highest within a 9-year period. Economists are now anticipating that new home sales could possibly continue climbing up within the year as more buyers are now returning to the marketplace for starter homes.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu Apr 27, 2017 9:38 am

NAFTA Dangers Sends MXN Plunging


The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following reports that the Trump administration is planning to pull itself out from the NAFTA agreement. There are now reports that the White House is currently drafting an EO which will enable the said withdrawal and could be released either within the week or next week. This caused the Mexican Peso to crash by 2% against the USD, the currency’s largest daily drop since its previous drop against the CAD last November. A weak MXN could spell bad news for the US economy, since this will mean that Mexican exports will be more affordable as compared to US exports.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Mon May 01, 2017 4:05 am

The current contest has already started on May 1, 2017 and will end on May 5, 2017.


You can register for the next competition which will take place from May 8, 2017 to May 12, 2017.


Note:

Registration for the next competition finishes 1 hour before the contest starts.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Mon May 01, 2017 6:04 am

Winners for the week of April 10 - April 14, 2017:


Rank 1:
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Acct. No.:
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Naberezhnye Chelny


==========


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==========


Rank 5:
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City:

Volosovo
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Re: Company News by ForexMart

Post by Andrea ForexMart on Mon May 01, 2017 7:08 am

Greetings!


ForexMart would like to invite you to take part in the ShowFx World Expo at the Congress and Exhibition Complex, “The Park” in Kiev, Ukraine on May 20-21, 2017.


Participants to the conference will get the chance to learn personal finance management from some of the world’s top financial experts, take part in workshops and seminars, which covers several aspects of trading from leading trading professionals. Guests will also be able to join raffles and win giveaways from event organizers.


In addition, ForexMart representatives will also be more than happy to inform attending clients to the ShowFx World Expo with regards to the latest developments within our company.


Admission to the ShowFx World Expo in Kiev is free.


See you at the Expo!


ForexMart is an investment company regulated across the EU region. We offer the highest quality of service to our clients including a 30% trading bonus for every deposit. Register with us and get your bonus today.


Warmest regards,

ForexMart Team
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue May 02, 2017 11:22 am

RBA Maintained Current Rates Amid Wage Risks


The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday which is not surprising following the risks of household debt, meek progress in inflation and wage. The RBA decided to maintained the rates at a rock-bottom of 1.5 percent after the decline in August and May last year while most economists have foreseen that will be sustained this week.


The central bank is sanguine in the economy but maintains a mixed labor market. Although the wages growth anticipated being sluggish for some time. The price inflation lingers above 2 percent in the previous quarter for the first since 2015 although the objective of the RBA is to keep inflation rates below 2 to 3 percent but higher than 3 percent in the next few years.

RBA Governor Philip Lowe mentioned that there is no need for further stimulus since the low cash rates have affected household debt which will not be favorable for the “national interest”.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue May 02, 2017 11:52 am

U.S Economy Probably Expand by 3% in Two Years, Says Mnuchin


According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could possibly grow by 3 percent in two years upon implementing the restoration of the regulatory reform and tax system and offering better trade agreements.


The job market of U.S revived gaining 12 percent increase in the prices of stock considering the fact that the election of Trump coupled with the consumer sentiment reached the highest peak in 16 years have painted a positive illustration of the economy.


In spite of that, the economy improved on its weakest pace within three years acquiring 0.7 percent in Q1 as it highlighted the dispute that the government dealt with as it aims to attain an annual growth higher than 3 percent.


Moreover, the administration of Trump had established the overhauling of the tax rate system labeled as the largest revision in history, since this is on the top list of their legislative program.


The plan was already published previously, it further contains the proposal for trimmed taxes intended for the citizen and businesses, creating comprehensive filer system and prohibiting the rich from loopholes. The package is expected to be signed and put into law within the current year.

On the other hand, the International Monetary Fund have given its forecast that the world's largest national economy will bolster hitting 2.3 percent in 2017 while 2.5 percent for next year.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Thu May 04, 2017 12:03 pm

Stronger  Indian Rupee Provided Positive Impact to Masala Bonds


The Indian Rupee (INR) strengthened against the American dollar, while the masala bonds could take advantage with Indian firms who are looking to increase funds.


The masala bonds had a considerable growth even the latest fiscal together with the ICRA projected that the trend will persist particularly for firms without any natural hedge that could reduce risk from foreign currencies engaged in the external commercial borrowings (ECBs).


During the 2017 fiscal year, the rupee-linked bonds hold at t Rs 30,620 crore by which other country’s currency dropped to Rs 1,740 crore compared with the previous FY with Rs 2,440 crore.


According to Karthik Srinivasan, Senior VP of ICRA said:  “With their cash flows denominated in Indian Rupees, many of the borrowers of ECBs don’t have a natural hedge against foreign currency risks inherent in that instrument."


Moreover, the national currency of India rose by more than 5% versus its U.S peer, this caused for theIR to be the top performer among its rivals.

The commercial banking company further anticipates an aggregate  FII debt inflows worth $5-10 billion inclusive of RDBs amid FY18.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue May 09, 2017 7:01 am

As Unemployment Rate Drops, US Economy on its Way to Recovery


The US Labor Department has released its US job report for April, wherein it indicated that business had topped up a total of 211,000 jobs last month, a far cry from March’s reading of only 79,000 jobs. This upward trend in hires has confirmed market projections that the country’s overall economic growth is well on its way towards a significant recovery. Economists are now saying that this evidently very strong economic data for the country signals that consumers might soon have the power to amplify their spending habits during the second quarter of 2017.
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Re: Company News by ForexMart

Post by Andrea ForexMart on Tue May 09, 2017 9:36 am

Oil Cut Production May Extend Beyond 2017, Says Minister of Saudi


Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit output for crude oil and the oversupply reduction is going to be extended within 6 months or more.


Al-Falih further discussed during the Asia Oil and Gas Conference held in Kuala Lumpur last Monday that the growth of U.S shale production together with the closure of refinery maintenance have lessened the effect of cutback led by the Organization of Petroleum Exporting Countries along its associates. Moreover, manufacturers are driven enough to achieve their target to drop in their bloated gasoline supplies. Nevertheless, he believes the world oil supply could still realign and revive its former healthy state.


The increasing U.S production place worries towards OPEC and its allies as it fails to minimize the market glut and expansion of prices.

The gains of oil were erased since the agreement made in the previous year to curb output. The OPEC meeting held in Vienna attended by various nations further supported the 6-month deal for the extension which will start in January. It would be the first time that the minister of Saudi to propose the extension beyond 2017.
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