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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; Expected Positive Recovery on World Economy, says IMF On Tuesday, the comprehensive global economic growth is expected to remain this ...

          
   
  1. #251
    Senior Member Andrea ForexMart's Avatar
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    Economic News

    Expected Positive Recovery on World Economy, says IMF

    On Tuesday, the comprehensive global economic growth is expected to remain this year until 2018, according to the International Monetary Fund (IMF). While the gains of most countries around the globe were able to countervail weak data from India, United Kingdom, and the United States.

    The IMF revised higher its predictions for the current economic upswing by 0.1 percentage points, showing 3.6 percent increase and 3.7 percent for next year. The upgraded forecast was steered by the increase in consumer confidence, investment, and trades.

    Moreover, projections for China, Japan, and the euro area, including emerging markets, Europe and Russia, also skyrocketed.

    The economic development in the United States remained unchanged at 2.2 percent in 2017 and 2.3 percent next year based on Fundís July statistics. The tax reduction imposed by Trump administration is still not accomplished, as expected.

    As indicated in the Fundís report for April, the 2017 growth outlook for the United States was trimmed by 0.1 percentage points and 0.2 percentage points in 2018, and suddenly raise in July with the same points.

    The Republican party had laid out three tax proposals seeing that Trump governs since January and the administration's most recent action is stuck in a political dispute in Congress.

    The Fund affirmed that Americaís economy would slow down due to changing demographics and weak productivity development in the longer term. It further mentioned that the potential growth of the state will only be at 1.8 percent, which is lower than the governmentís target at 3.0 percent.


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    Andrea ForexMart, Official Representative
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  2. #252
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    Economic News

    Canada Ahead Against G7: IMF Economic Growth Estimate for 2017

    The Canadian economic growth increased the estimated value until next year of the International Monetary Fund. It was placed in a higher ranking amongst developed countries.

    The projected value of the countryís Gross Domestic Product for this year is 3.0 percent which is half a percent higher than the prediction in July. This makes Canada be on top of other advanced seven nations with the United States ranks at 2.2 percent growth since last year.

    The figures from the IMF were similar to the quotation issued in the previous month by the Organisation for Economic Co-operation and Development and assumed that the country would lead the G7 countries for 2017.

    It was said that the reason for an increase in growth was the drop in oil and gas prices and further supported by the government and the central bank policies. For next year, the Canada is anticipated to move at a slower rate with an estimated figure of 2.1 percent growth year-on-year in 2018. Yet, this is still higher than 0.2 percent than the IMF July update and second-highest among the G7 with the United States at 2.3 percent.


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    Andrea ForexMart, Official Representative
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  3. #253
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    Company News by ForexMart

    Economic Calendar

    Know what will happen next in the financial markets with ForexMart's Forex Economic Calendar.

    ForexMart's Forex Economic Calendar is a real-time, customizable, and multifunctional, forex tool that allows traders to be updated with the latest and most relevant market events. All information that could be potentially impact your trading will be listed and analyzed here.

    A trader that knows more, profits more. Use ForexMart's Forex Economic Calendar and become a better trader today.




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  4. #254
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    Company News by ForexMart

    ForexMart Cements New Partnership with HKM Zvolen

    ForexMart has added a new industry giant in its growing list of partnerships with established sports companies: HKM Zvolen.

    Hokejovż Klub mesta Zvolen or HKM Zvolen for short is one of the most celebrated hockey teams in Slovakia. The professional hockey club has established a long rich history that can be traced back as early as 1927. The club has two Slovak league championship under its belt and the 2005 IIHF Continental Cup.

    The partnership between ForexMart and HKM Zvolen has been an awaited collaboration with both companies enthusiastic for a prosperous relationship.

    Executives of ForexMart expressed their optimism with the new partnership.

    "Gaining a new partner in this business is a sign of enduring success for both parties. I am excited at the prospects of cooperation with HKM Zvolen because I see a future full of possibilities. We are ready to win not only in the hockey rink but also in business."- Savvas Patsalides, ForexMart CEO

    "I've always believed that winning can only be achieved through hard work and solid teamwork, qualities that are the essence of both ForexMart and HKM Zvolen. We are proud of this partnership because just like them, we are in the business not only to win, but also to grow as a team with our clients."- Ildar Sharipov, ForexMart President


    ForexMart and HKM Zvolen will launch collaborative projects that intend to promote both companies. ForexMart will also stand as sponsor of the hockey team with the HKM Zvolen players bearing the official ForexMart logo in their upcoming games.

    ForexMart and HKM Zvolen awaits a bright future with this collaboration.


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    Andrea ForexMart, Official Representative
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  5. #255
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    Company News by ForexMart

    The current Money Fall contest has already started on October 16, 2017 and will end on October 20, 2017.

    You can register for the next competition which will take place from October 23, 2017 to October 27, 2017

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



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    Andrea ForexMart, Official Representative
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  6. #256
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    Economic News

    Japanís LNG Infrastructure Offered to Asia

    The government of Japan will disclose a public-private initiative amounting to $10 billion, its goal is to draw on the rapid expansion of liquefied natural gas infrastructure due to high consumption of fuel all through Asia.

    The Nippon Export and Investment Insurance (NEXI) and Japan Bank for International Cooperation (JBIC) will serve as agents in engaging Japanese firms to investment plans aiming to establish LNG infrastructure as power plants and offloading terminals.

    The minister of economy, trade and industry, Hiroshige Sekō, is scheduled to unveil the project in Wednesday during the LNG Producer-Consumer Conference. Leading officials such as the prime minister and cabinet members would likely be in the event, promoting relevant projects to different regions. Moreover, the plan is formed to improve the partnership between the United States and Japan. As shale gas production was withdrawn in the U.S which further caused an issue for finding buyers for the natural gas.

    The arrangement between America and Asia to expand shale gas exports is anticipated to tackle at U.S.-Japan economic dialogue meeting on October 16 in Washington, hence the initiative is expected to achieve this goal.

    The factor that confines growth of the LNG market is the agreements stating about the restricted reselling of fuel. Meanwhile, India and Japan are expected to sign an LNG cooperation on Wednesday making LNG supply contracts flexible.


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    Andrea ForexMart, Official Representative
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