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Company News by ForexMart
#16
ForexMart's Participation in ShowFx Conference in Moscow


We are pleased to announce our participation at the upcoming ShowFx World Conference in Moscow on March , 12.


ForexMart is establishing the presence in Russia. Followed by launching the Russian version of our website the Company is taking part at one of the most well-known financial conferences in Russia and CIS countries.
We truly hope that this event will become the turning point for expanding our business in Russia.


Moscow lies at the very heart of the economic, financial and business life of the whole country. All the nation’s financial resources are concentrated in the capital.
It promises to be a jet-setting finance professionals traditional venue.


Showfx World international exhibition brand is famous for its large-scale events and highly regarded among the members of Forex Society .
We are happy to meet the opportunity of presenting new trading conditions and fresh ideas for earning money in Forex trading directly to partners and clients.


Exciting speakers presentations, surprise gifts and raffle prizes are expected.


The exhibition will be held at Hotel Metropol, 2 Teatralniy proezd 109012, Moscow, Russia.


Free entry for all visitors.
Andrea ForexMart, Official Representative
ForexMart
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#17
Russian Version of ForexMart Website


Great news to all traders in Russia!


ForexMart, continuing to open more doors to all the traders around
the globe, has made our website available in Russian language as well.


If you wish to view the site in another language, visit the ForexMart homepage, click the flag icon on the upper right portion of the website, and select Russian flag. All the contents will automatically be translated to Russia.


We, as your dependable trading partner, endeavor to make your trading experience more comfortable and convenient. Keep checking our website from time to time as we make it available in other languages, too. Meanwhile, if you want to open a ForexMart account, visit our homepage or sign up here.


We wish you a rewarding trading ahead!
Andrea ForexMart, Official Representative
ForexMart
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#18
The current Money Fall contest has already started on November 7, 2016 and will end on November 11, 2016.

You can register for the next competition which will take place from November 14, 2016 to November 18, 2016

Note:

Registration for the next competition finishes 1 hour before the contest starts.
Andrea ForexMart, Official Representative
ForexMart
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#19
Rise in U.S. Employment Growth Impact on Fed’s Next Rate Hike

The employment rate in US has a significant increase that would finalize the decision for the December rate hike from Federal Reserve. Nonfarm payrolls also added 175,000 jobs in the month of October higher than the 156,000 jobs in September. It is predicted that the unemployment rate will decline by one-tenth of a percentage point to 4.9%. The Labor Department will release its employment report this Friday morning.

Though the US central bank is expected to implement a rate hike this december, the results of the U.S. Presidential election will still have a weigh on the decision. On Wednesday, Fed announced that the interest rates will not be changed but there is higher probability for the next rate hike.
Andrea ForexMart, Official Representative
ForexMart
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#20
The current contest has already started on November 14, 2016 and will end on November 18, 2016.

You can register for the next competition which will take place from November 21, 2016 to November 25, 2016.

Note:

Registration for the next competition finishes 1 hour before the contest starts.
Andrea ForexMart, Official Representative
ForexMart
Reply
#21
U.S. Dollars Strengthens Unabatingly That May Lead to Inflation


Greenback continues to surge with the unexpected win of Trump that signals inflation to take place sometime in the future. It climbed as high as 99.247 on Monday during Asian session from 97 handle prior to election. His principles advocated during his campaign such as protectionism, changes in immigration, infrastructures and debt spending set inflation back to the market at the same time, this would cause the U.S. Dollars to further appreciate in value. The U.S. 10-year Treasury yield rose more than 2 percent from 1.80 percent before election. This surge is expected to continue with short-term trend moves up, it is anticipated for U.S. Dollars to get stronger.
Andrea ForexMart, Official Representative
ForexMart
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#22
Higher Volumes of Exports Boosted Japan's Economy


The Japan's economy have seen greater improvement from the month of July until September due to a higher number of international trades. The country's GDP escalated to 2.2% within three months. Japan is greatly concern about the anti-free trade rhetoric supported by the newly-elect US President D. Trump since it is expected that this campaign would bother the Japanese region.


Subsequent to the results of the U.S elections, the yen curtailed versus the dollar. Hence, the country's good became cheaper in abroad, this brought positive talks for the foreign exporters. The world's third-largest economy accumulated a better-than- expected result of 0.5% while the forecast showed 0.2% only. However, some analysts who stated that the nation is relying much on exports and considered that these are windfalls only.
Andrea ForexMart, Official Representative
ForexMart
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#23
Better Global Economic Standing Despite Rise in Unemployment Rate


Recent data showed a 3% growth but this was because of short-term fleeting factors. The unemployment rate stayed low while the underemployment and long-term unemployment has increased with weakened nominal wage and inflation. This is in contrast of unemployment rates released by IMF saying that it increased were majority part-time.


Australia's economic status is performing better than other countries and it would get stronger if there will be more investments and invigorate business confidence. However if the investments remained subtle, company earnings would be affected and be in tension. Also, the consumer consumption would stay low if the job earnings would not increase.


The RBA should keep interest rate slow and maximize infrastructure spending to increase in employment rates in current global economic environment.
Andrea ForexMart, Official Representative
ForexMart
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#24
Chinese Industrial Production Rose But Retail Sales Slowed Down


The economic activity of China was presumed to stabilize last month, however, retail sales fall off due to worries about the outlook of the US-China trade frictions under the administration of President Donald Trump. Moreover, the industrial sector performed a better-than-expected 6.1% growth in the month of October while the retail industry dropped an estimated 10% sales.


China’s fixed-asset investment further acquire 8.3% increase for the past 10 months of the present year, this result exceeded the expectation from January to October seeing the government allocated infrastructure expenditures in order to reinforce growth as shown in the official data on Monday.
Andrea ForexMart, Official Representative
ForexMart
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#25
Morgan Stanley Bank Gained $10m After Stocks Rallied


Morgan Stanley acquired more than 10 million U.S. dollars equivalent to 8 million pounds of shares after Trump’s victory in U.S. presidential election. Stocks rallied in effect of post election and the bank, Morgan Stanley collected as much as a fifth of their collated earnings as their highest for more than a year.


After the election, this has been the best performance as stocks recovered from 2008 to 2009 financial crisis. The market sees Trump’s campaign to elevate inflation of infrastructures and Federal Reserve’s fiscal policies that further boost banks turnover.
Andrea ForexMart, Official Representative
ForexMart
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#26
The Highest-Ranking Russian Official Accused for Receiving $2M Bribe


The Economy Minister of Russia, Ulyukayev were accused for accepting payments after he approved the takeover of 50% stake of Bashneft to a giant oil company, Rosneft. According to the investigators, the Russian minister collected $2m (£1.6m) worth of bribe, however, Ulyukayev pleaded not guilty on the allegation.


Alexei Ulyukayev is considered to be the highest-ranking Russian official to be dismissed and arrested since the failed coup in 1991.


The minister was arrested Tuesday morning and expected to face eight to 15 years of imprisonment but he continued to denied the blame and described it as “an act of provocation against a state official”. Moreover, the court allowed him to take a house arrest until January 15.
President Vladimir Putin take an immediate action and impeached Mr. Ulyukayev since the 60-year-old minister broke the trust of Putin. The acting economy minister recently appointed was Yevgeny Yelin.
Andrea ForexMart, Official Representative
ForexMart
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#27
US Dollar Drops, Asian Stocks Bounce Back as Trump Victory Shock Fades


For the first time in nearly four days, Asian stocks increased in value while the USD dropped from its five-month high against the Japanese yen due to investors questioning the possible overreaction of the financial market to Donald Trump’s recent win during the US elections. The MSCI Asia Pacific Index increased due to energy shares after crude oil prices rose to its highest levels in seven months after the OPEC finally agreed on proposed output cutbacks. For the major currencies, the KRW had the most gains after rebounding from its near-record lows since June 2016. The Japanese 10-year bond yields were also able to maintain its zero value after staying within negative territory for a total of eight weeks.
Andrea ForexMart, Official Representative
ForexMart
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#28
Dollar Falls, Bonds Increase, Asian Stocks Fluctuate Prior to Yellen Statement


The USD lost a significant amount of its value as compared to other major currency pairs while Treasury yields surged and Asian stocks experienced fluctuations prior to the release of the US inflation data, as well as a testimonial from Fed Chairwoman Janet Yellen which is expected to determine market expectations on the US interest rate. Meanwhile, the EUR edged higher after a nine-day slump as the dollar index reverted back from its highest level reached in nine months. New Zealand and Australian stocks extended its gains, while benchmark Treasuries also inched higher. Crude oil prices fell as American stockpiles incurred more gains in the market.
Andrea ForexMart, Official Representative
ForexMart
Reply
#29
The Number of Jobless Claimants in UK Grew by 9.8K


The office for National Statistics of UK presented mixed data of unemployment rate which fall to 4.8% from the previous 4.9%, it is considered the lowest since the third quarter of 2005.. The Claimant Count Change presented a negative outlook as the number climb up to 9.8k in the month of October, the result is greater than the expected which is 2K only.


Moreover, the data released last September got affected and modified as it rise to 5.6k with only 0.7K on the previous result. This occurrence showed some signals about the worsening conditions in the labor ministry. This complication further stirred the GBP/USD as it insignificantly slid downside.
Andrea ForexMart, Official Representative
ForexMart
Reply
#30
Asian Stock Market Traded Mixed Due to Dollar Easing


The Asian market were trading mixed yesterday morning as the U.S Dollar strengthen along with the bond yields that increased as well, consequent to the victory of Donald Trump that further stimulated fund flows from various developing markets.


Despite of the softening of the yen, the Japan's Nikkei 225 rose up to 0.51% on the back of the broad based strengthening of the greenbacks after the election. While the benchmark Kospi Index of South Korea were able to bounce back and gain 0.05% following the prosecutor’s affirmation that President Park Geun-hye is associated in the political scandal.


On the other hand, the Chinese shares is in an upbeat as its global benchmark, Shanghai composite expand to 0.65%. The Hang Seng Index of Hong Kong moved higher up to 0.46%.
While Major economic news were released on Monday morning as the trade data of Japan for the month of October had dipped, the exports declined and the imports dropped 16.5%. The South Korea’s exports for the first 20 days of November had decreased with 0.25, imports plunged to 3.1%


While the petroleum products and other commodities made an upward momentum, the crude add up 0.83% and the Brent grew by 0.9%.
Andrea ForexMart, Official Representative
ForexMart
Reply


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