Forex Forum

Forex Forum, Discussion all about Forex, Forex Trading, Forex Software, Forex Indicator, Forex News and Forex Brokers


    Economic and company news by ForexMart

    Share

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Wed Jul 12, 2017 11:09 pm


    July 13, 2017

    Bank of Korea Keep Rates at Record Low 1.25 pc


    The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on Thursday, with a record low of 1.25 percent. The decision was mainly anticipated since policy committee urge to expand the subdued personal consumption and hold the idea of tightening off the table at this moment.


    The policy makers of the central bank of Korea retained its key rate KROCRT=ECI unchanged, stated by a media official without any additional details. Bank Governor, Lee Ju-yeol is scheduled to conduct a press con at 11:20 a.m. (0220 GMT).


    Reuters polled 20 economists and all of them predicted that the BOK will stick to its position, underlining the sluggish stance on consumer expenditure coupled with the lackluster growth in employment taking some of the shine off constant profits from exports.

    Most of the experts assumed that the bank will keep on hold until the year end and expects for some step to stabilize rates for 2018.


    The consumer price inflation of the country had toned down from the 2.2 percent highs in March to 1.9 percent recorded in June, the result is marginally low against the 2 percent target of the bank.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Fri Jul 14, 2017 12:01 am

    RSS feed
    Dear Clients!

    We are glad to inform you that RSS-subscription is now available on our website. Please add our News section to any application for reading RSS-feeds and you can always be aware of all the events of our company in a convenient format.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Fri Jul 14, 2017 12:50 am


    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!

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Wed Jul 19, 2017 8:14 pm


    July 19, 2017

    Loose Monetary Policy of ECB Proposed by Villeroy

    The European Central Bank is in the process of curbing inflation to attain the two percent inflation target but ECB policy maker Francois Villeroy de Galhau pointed that a monetary easing is still needed. He said that the risk of deflation has been cleared despite the fact the target inflation is still a long way to go. Thus, he concluded that an “accommodative monetary policy” implying that their decision is relative to the economic condition of the economy moving towards the target rate.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Thu Jul 20, 2017 3:32 am


    July 20, 2017

    Major Central Banks Policies Turn Hawkish Forecast

    There is a big expectation for major central banks not to implement easing of monetary policy despite of small hints in the momentum of inflation as shown in the poll from Reuters. At the same time, it implies that there is a momentum on analysts particularly to Europe, India, and China that represents about 40 percent of the total population worldwide. They predicted that the global economy will get improve rather than “worse” next year.

    Although, there is still economic risks amid a decade of monetary stimulus has passed and aggregated asset purchases for a total of $15 trillion. Growth forecast has improved to 3.6 percent in 2018 from the current 3.5 percent for 2017. Yet, inflation prediction is declined than last year were greater than half of the central banks polled are foreseen to cut rates or tighten it.

    In September, the Fed is presumed to curtail its $4 trillion worth of portfolio bonds and rate hike for the third time by the last quarter of the year while the European Central Bank plans to tighten its monetary policy after an “ultra-easy” policy actions rooted on the progress of the economic growth.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Sun Jul 23, 2017 10:32 pm


    July 21, 2017

    RBA Maintained its Rates Amid a Global Rate Hike

    One of the top central banks stated that the interest rates of the Reserve Bank of Australia will set to be kept at a record low for some time but some hawks push the currency to drop from a two-year peak. The rate hike was canceled out following the increase of interest rate to 0.75 percent in the previous week according to the deputy governor of Australia. She noted that the RBA doesn’t need to raise their rates when other central banks in the world did which opposes the recovery of the Australian currency after a rise in mining investment for a decade halted. The development of the world economy may be beneficial for the country but it works against the currency.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Mon Jul 24, 2017 2:47 am

    ForexMart Won as «Best Forex Newcomer 2016»

    ForexMart was recognized as the best young company of 2016 year in the field of financial markets activity according to the business publication Global Business Outlook, having won a new award in the nomination "Best Forex Newcomer 2016".

    Global Business Outlook Awards – the annual international award which recognizes and rewards businesses, both private and public, showing impressive innovations and progressive strategies in business activity at various economic industries. The new award, received by ForexMart, proves the high professionalism level of its specialists and quality of the offered services. And surely it reflects the highest degree of customer confidence. The award «Best Forex Newcomer 2016» from the authoritative British edition is a great distinction in a highly competitive market.

    ForexMart President Ildar Sharipov is thankful for the award commenting:

    «We are proud of getting this important and significant award and very thankful to our clients for their firm trust. This new award is a symbol of ForexMart’s excellent service that brings clients the complacency and security they need in the volatile forex exchange market. We always aim to provide our clients with the most advanced technologies for successful trade, without forgetting about safety and comfort of our interaction. We are planning to develop our services further, helping traders and partners to remain at the top of financial success».

    ForexMart continues to make progress, creating and improving optimum, convenient and safe conditions for trade. Receiving of this award – is a significant achievement, indicating that ForexMart and its clients are on the right path - the path to success!

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Mon Jul 24, 2017 4:59 am

    Technological Advancement Impact to Monetary Policies
    Development in the Information Technology sector and rising adaptability of the labor market in the past years has unsurprisingly curb inflation which could significantly affect monetary policy according to the ECB Executive board member Yves Mersch on Monday. He mentioned that advancement in logistics allowed the growth of value chains and e-commerce globally. It has improved the transparency of pricing domestically and across countries.

    These modifications in labor sector could indicate that inflation occurs at a quicker rate with a lower employment in the past that affects the relationship between employment and wage growth and eventually affect the monetary policy. Hence, Mersch points out how improvement in technology reacts to “shocks”, the transition from the exchange rate movement into inflation and its influence from the local community towards global advancement and rise in prices.

    These raises concern on the efficacy of ECB’s policies to bring back its price growth to its target. Hence, actions are planned for long-term financial management to meet the obstacle come along the way. Although, these policies are deemed to be unnecessary when conditions stabilize.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Tue Jul 25, 2017 6:46 pm


    $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.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Thu Jul 27, 2017 2:25 am

    Positive Outlook for Major Central Banks in 2018

    The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3 trillion euro bond-buying stimulus next year amid a better economic situation. This could lead to an oversupply in sovereign debt issuance in major economic for the next four years. At the same time, this would increase borrowing cost with a larger source to buy from.

    This could translate to the improvement of net sovereign bond issuance next year from the United States, Japan, and the eurozone following purchases from the central bank for the first time in 3 years. Thinking back, the net supply has been performing poorly over the past few years that aids bond yields. Analysts see the potential in even the slightest reduction of the volume of bond yields implying a bigger supply for the market that is not accounted in pricing.

    AppleFXMart

    Posts : 1014
    Join date : 2016-10-09

    Re: Economic and company news by ForexMart

    Post  AppleFXMart on Thu Jul 27, 2017 11:28 pm


    July 28, 2017

    Japan Household Spending Grew 2.3% in June
    Japan’s household expenditure in the previous month accelerated most in 2015 since the available jobs heightened to its fresh 43-year highs. This shows that as the labour market tightens, it helps push wages and consumer spending up in a gradual pace.

    Last week, the BOJ retained its monetary policy, however, pushed back again to reach its price goal, underlining the gap between the weak inflation and steady growth. And further emphasized that it may take some time to scale down its massive stimulus.


    Japanese economy grew at an annualized 1.0 percent earlier this year, indicating a consecutive growth for the fifth time on strong exports and expansion in personal consumption.

    According to analysts, the domestic demand is the main driver for a sustained growth in net exports but would probably reduced growth in GDP for the second quarter.


    The positive signs for household consumption consists of 60 percent of the economy and gained 2.3 percent in the year until June, that jumped for the first time after 16 months and acquired the largest annual gain in August 2015. While the median estimate of the economists is 0.6 percent which is further based on the polled data of Reuters by the Ministry of Internal Affairs and Communications issued on Friday.

    Moreover, the retail sales gained 2.1 percent in the year to June as shown in another set of data.

    Sponsored content

    Re: Economic and company news by ForexMart

    Post  Sponsored content


      Current date/time is Fri Sep 22, 2017 11:09 am