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Company News by ForexMart

This is a discussion on Company News by ForexMart within the Forex Brokers forums, part of the Trading Forum category; March and June Fed Rate Hikes Possible, According to Economists Several economists are speculating that the US Federal Reserve could ...

      
   
  1. #141
    Senior Member Andrea ForexMart's Avatar
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    Economic News

    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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    Andrea ForexMart, Official Representative
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  2. #142
    Senior Member Andrea ForexMart's Avatar
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    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.
    Andrea ForexMart, Official Representative
    ForexMart

  3. #143
    Senior Member Andrea ForexMart's Avatar
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    Economic News

    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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    Andrea ForexMart, Official Representative
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  4. #144
    Senior Member Andrea ForexMart's Avatar
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    Economic News

    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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    Andrea ForexMart, Official Representative
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  5. #145
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    Economic News

    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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  6. #146
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    Economic News

    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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  7. #147
    Senior Member Andrea ForexMart's Avatar
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    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.
    Andrea ForexMart, Official Representative
    ForexMart

  8. #148
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    Company News by ForexMart

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

    Rank 1:
    Rurik14
    Acct. No.:
    1024331
    City:
    Naberezhnye Chelny

    ==========

    Rank 2:
    NM20
    Acct. No.:
    1024390
    City:
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    ==========

    Rank 3:
    oleg001
    Acct. No.:
    1024181
    City:
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    ==========

    Rank 4:
    Alex70109
    Acct. No.:
    1024288
    City:
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    ==========

    Rank 5:
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    Acct. No.:
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    City:
    Volosovo


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    Andrea ForexMart, Official Representative
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  9. #149
    Senior Member Andrea ForexMart's Avatar
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    Company News by ForexMart

    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
    Andrea ForexMart, Official Representative
    ForexMart

  10. #150
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    Economic News

    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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    Andrea ForexMart, Official Representative
    ForexMart

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