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    Economic and company news by ForexMart

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    AppleFXMart

    Posts : 998
    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 : 998
    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 : 998
    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 : 998
    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 : 998
    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.

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    Re: Economic and company news by ForexMart

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