Forex Forum

Would you like to react to this message? Create an account in a few clicks or log in to continue.
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

    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 02, 2016 11:57 pm

    November 3, 2016
    Positive economic news leaves a better impact on Asian markets
    The positive news yesterday regarding the Australian and Chinese economy boosts Asian markets. Despite of the skepticism about the expected result for the presidential election did not hinder traders to edged up in Asia. In addition to the favorable release on Thursday, a private gauge were used to assess the activities of China's service sector. According to results, the month of October is considered to be the fastest time period of expansion which indicate the strengthening of the China economy.
    The purchasing managers index of Caixin China grew up to 52.4 in October, compared to 52.0 in September. While South Korea’s Kospi SEU gained 0.2% versus -0.17%, Hong Kong’s Hang Seng HSI were able to recover from -0.10% to 0.2% and S&P ASX 200 XJO of Australia made a 0.1% increase against the previous -0.08% .
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 07, 2016 3:04 am

    November 7, 2016 - UK Manufacturers Suspend Investment Plans in the Next Two Years

    Political uncertainty causes the British manufacturers to be discouraged from spending. They are agitated that the economy will slow down next year that pushes back the investment plans of the companies. The survey of 600 companies showed an increase in polls from 54% in 2015 climbed to 60% this year while they intend to spend less or the same in the next two years.


    Exports also boosted with the depreciation of pound as it become more contending in the market. Data has improved from March to August with high demand in Europe and United States however, the domestic outlook is not performing well. Experts see this as just the beginning and there will be more serious problems after Brexit negotiations have been settled.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 07, 2016 3:24 am

    November 7, 2016
    Japanese Yen Drops, Asian Stocks and Mexican Peso Surge Following FBI Statement on Clinton E-mails


    The Mexican peso (MXN) garnered substantial gains, as well as US stock index futures and Asian equities after the FBI released a statement regarding Clinton’s e-mails, stating that there were no incriminating information present in Hillary’s e-mails. On the other hand, the Japanese yen and Swiss franc slightly decreased along with gold stocks. The Mexican peso, which has been recently touted as a barometer for the Trump campaign, reached its highest levels in four weeks while the MSCI Asia Pacific Index reverted significantly merely a few hours away from the US presidential election on Tuesday.

    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Tue Nov 08, 2016 2:27 am

    November 8, 2016 - U.K. Public Expenditures are Expected to Slump £25bn on 2020
    The weak economic growth would result to lower tax returns with increase in debts by £25bn predicted on 2019 to 2020 despite the cut rate has been successfully executed. The Chancellor of the Exchequer, Philip Hammond, said that he will focus to expend on new houses and mass transportation instead of concentrating on balancing the books by 2020.
    The Institute for Fiscal Studies have two resolutions: to reduce taxes by increase spending to boost the economy and to set new fiscal targets. Various companies has lowered their growth forecast and increased their inflation targets since Brexit. There are still risks on hand with the uncertainty of the reaction in the economy and the direction of policies as described by the Organisation for Economic Co-operation and Development.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Tue Nov 08, 2016 2:34 am

    November 8, 2016

    Germany Factory Orders plummeted in the month of September

    According to the Federal Statistical Office of Germany, there is a sudden downturn in the manufacturing orders in Germany subsequent on its two successive months of gains. The decline is the result of the loss of demand that comes from the countries within the eurozone. The estimated cutback is 0.6% mom during September, though expectations amounted to 0.3% while in August there is 0.9% of increase.

    Orders from Germany had 1.1% drop and other Eurozone countries experienced 4.5% decrease. Meanwhile, third countries or states outside the euro area accomplished 2.5% increase.

    The German industry expects that it would be much difficult for the commerce to recover considering the fact that average monthly increase of factory orders is 0.1% only.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Tue Nov 08, 2016 2:46 am

    November 8, 2016
    Oil Prices Surge after a Week-Long Slump as FBI Statement Increases Chances of Clinton Victory


    Oil prices was able to experience a boost after seven days’ worth of falling oil prices due to widening market rally after the FBI statement on Clinton’s e-mails, cementing a large percentage of a Clinton victory in the upcoming US elections. Futures also bounced back after a week of disappointing prices, while global equity prices also increased and the USD regained its strength and is now ahead of other major currencies. The OPEC has also stated that it is currently in talks with Russia with regards to limiting the production of crude oil as a means to help the market regain its balance.


    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 09, 2016 2:37 am

    November 9, 2016

    Financial Markets Gunning for Biggest Moves Post-Brexit

    The international financial market has been experiencing its biggest and most volatile movements ever since the Brexit referendum was released on June 2016 due to an unprecedented Trump victory in the US elections. Gold stocks have increased significantly and has now posted its biggest movement since Brexit, while 10-year US Treasury yields have weakened by up to 20 points, its biggest reversion since June. Meanwhile, S&P 500 futures decreased by more than 3% and VIX futures increased by a total of 4%.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 09, 2016 3:09 am

    November 9, 2016

    U.S elections brought damages to the state according to foreign policy experts

    An interview conducted by CNBC with the President of Eurasia Group, Ian Bremmer stated that even the election has ended, the damages can still be felt in the United States because the country’s international allies worries about global trade agreements. Even after the vote casting, allies would struggle and lack confidence. This caused other countries to doubt the businesses in the United States, regardless who among Trump or Clinton will acquire the victory.

    Bremmer further stated his predicted outcome about the tendency that the power in the Middle East more likely will be given to Iran, Israel, Saudi Arabia and Turkey. While in Europe, the issue regarding Brexit will become more vague and undetermined as it will endure longer process. On the other hand, in the Asian continent, China is expected to fill the demand vacuum since it has the capacity to expand worldwide as well as to globally invest to infrastructure assets.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 09, 2016 3:10 am

    November 9, 2016

    U.S elections brought damages to the state according to foreign policy experts

    An interview conducted by CNBC with the President of Eurasia Group, Ian Bremmer stated that even the election has ended, the damages can still be felt in the United States because the country’s international allies worries about global trade agreements. Even after the vote casting, allies would struggle and lack confidence. This caused other countries to doubt the businesses in the United States, regardless who among Trump or Clinton will acquire the victory.

    Bremmer further stated his predicted outcome about the tendency that the power in the Middle East more likely will be given to Iran, Israel, Saudi Arabia and Turkey. While in Europe, the issue regarding Brexit will become more vague and undetermined as it will endure longer process. On the other hand, in the Asian continent, China is expected to fill the demand vacuum since it has the capacity to expand worldwide as well as to globally invest to infrastructure assets.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 09, 2016 3:19 am

    November 9, 2016

    Old India 500 and 1000 Banknotes are to be Replaced

    All 500 and 1,000 rupee bills are to be removed from the financial system on Tuesday overnight according to Indian Prime Minister, Narendra Modi. Banks will be closed on Wednesday including ATM machines.

    This is unexpected and people are rushing to have a cash in hand in smaller denominations like 100 rupees for the succeeding days to come. It has been announced that they can exchange their old bills within the next 50 days or else is no longer valid.

    This move is an attempt to put an end to poverty by eradicating corruption especially those labeled as “black money” that were acquired through corruption or tax evasion. Finance secretary Shaktikant Das cautions people that the government will keep track those who are stacking bulk of money when they exchange the old bill to new ones.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 09, 2016 3:20 am

    November 9, 2016

    Old India 500 and 1000 Banknotes are to be Replaced

    All 500 and 1,000 rupee bills are to be removed from the financial system on Tuesday overnight according to Indian Prime Minister, Narendra Modi. Banks will be closed on Wednesday including ATM machines.

    This is unexpected and people are rushing to have a cash in hand in smaller denominations like 100 rupees for the succeeding days to come. It has been announced that they can exchange their old bills within the next 50 days or else is no longer valid.

    This move is an attempt to put an end to poverty by eradicating corruption especially those labeled as “black money” that were acquired through corruption or tax evasion. Finance secretary Shaktikant Das cautions people that the government will keep track those who are stacking bulk of money when they exchange the old bill to new ones.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Thu Nov 10, 2016 3:26 am

    November 10, 2016

    Asian Market & USD Surged After Trump’s Victory

    The Asian share market rallied from a strong sell-off yesterday soon after the U.S. Presidential election results a came out. Europe and U.S. Followed with the surge on Thursday contrary to the expected market breakdown since the financial market expects Hilary Clinton to win but instead, the victory of Donald Trump prompted investors to switch to safe haven stocks such as gold and yen.

    Japan's Nikkei 225 index and Hong Kong's Hang Seng index rose by 6.7% and 2.1% respectively. The investors see the current U.S. Administration as an opportunity for businesses because of lower taxes, lesser regulatory burdens and other economic policies but still there is uncertainty on the outcome.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Thu Nov 10, 2016 3:31 am


    November 10, 2016

    Gundlach strongly believe the good effect brought by Trump’s administration


    The chief executive of DoubleLine Capital, Jeffrey Gundlach is one of the investors who believes that there is a common good on Trump’s victory over Clinton. Gundlach is certain about the bounce back happened in the US stock markets last night.

    He also added that investors foresee that the Trump administration would likely bring better growth for the economy compared with the Democratic candidate, Hillary Clinton.

    The so-called ‘Bond King’ further explained that the strong opposition of foreigners to Trump is the driving force for the overnight losses, however, profuse US investors did not agree with this.

    Moreover, the Bond Fund Manager who voted for Trump predicted that there will be an improvement and inflationary pressures which seem unfavorable for the government bond that could cause debts. But Gundlach admires the fact that the next President supports also the policy for short-term interest rates.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Thu Nov 10, 2016 3:31 am


    November 10, 2016

    Gundlach strongly believe the good effect brought by Trump’s administration


    The chief executive of DoubleLine Capital, Jeffrey Gundlach is one of the investors who believes that there is a common good on Trump’s victory over Clinton. Gundlach is certain about the bounce back happened in the US stock markets last night.

    He also added that investors foresee that the Trump administration would likely bring better growth for the economy compared with the Democratic candidate, Hillary Clinton.

    The so-called ‘Bond King’ further explained that the strong opposition of foreigners to Trump is the driving force for the overnight losses, however, profuse US investors did not agree with this.

    Moreover, the Bond Fund Manager who voted for Trump predicted that there will be an improvement and inflationary pressures which seem unfavorable for the government bond that could cause debts. But Gundlach admires the fact that the next President supports also the policy for short-term interest rates.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Thu Nov 10, 2016 3:42 am

    November 10, 2016

    Chinese Yuan Drops to Lowest Levels in Six Years as Trump-China Worries Increase

    The Chinese Yuan dropped to its lowest levels in six years as concerns regarding a Trump victory and Chinese trade relationships with US increased, fueling speculations that the currency heading for its third loss in a year might be sold. The yuan dropped by 0.2% at 6.7907 per USD, its lowest since 2010, while its annual loss hit a record 4.4%. Decreases in value in relation to the USD were few and far in between after the central bank barely addressed the weakening yuan. Prior to his victory. Trump has targeted China, saying that the country is a “currency manipulator” and has stated that the US would be cutting back up to 45% off Chinese imports under his presidency, which could lead to China losing exports by up to 25% next year.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Fri Nov 11, 2016 2:10 am


    November 11, 2016 - Sterling Six-week Rallied Against Euro

    Sterling rallied to a six-week high gaining 1.5% against Euro on Thursday. The investors flocked to put money into short positions despite the chaos and uncertainty brought by the results of U.S. Presidential election and the political risks involved in Europe.


    The pound rallied to 86.70 pence, the strongest since the last week of September, against the depreciating Euro with all the important political and economic events such as the Italian plebiscite next month and the French Presidential election in the spring next year.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Fri Nov 11, 2016 2:24 am

    November 11, 2016 - Sterling Six-week Rallied Against Euro

    Sterling rallied to a six-week high gaining 1.5% against Euro on Thursday. The investors flocked to put money into short positions despite the chaos and uncertainty brought by the results of U.S. Presidential election and the political risks involved in Europe.


    The pound rallied to 86.70 pence, the strongest since the last week of September, against the depreciating Euro with all the important political and economic events such as the Italian plebiscite next month and the French Presidential election in the spring next year.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Fri Nov 11, 2016 2:26 am

    November 11, 2016
    Emerging Markets Sell-Off Increases after Trump Victory
    The sell-off in emerging markets exhibited an unexpected increase following concerns that developing economies around the world could possibly be hit by export drops and capital outflows once President-elect Trump assumes office. The Treasury market finished off the week with its worst outputs since 2009 prior to a US bank holiday on Friday. Donald Trump has previously outlined a more protectionist scheme and could introduce fiscal and economic stimulus which could prompt the Federal Reserve to increase the frequency of its interest rate hikes this coming 2017.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 14, 2016 1:56 am

    November 14, 2016

    Australia Should Scrap its Largest Bank Notes like India - UBS Group AG

    UBS analysts are saying that Australia should also scrap its big bank notes and follow in India’s footsteps, since this would be ultimately beneficial for the Australian economy as well as for Australian banks. Some projected benefits would include increase in bank deposits and tax revenues, while decreasing the occurrence of crime and fraud. India had previously made a move to remove its large banknotes as part of its crackdown on the country’s black economy as well as to counter tax evasion. The European Central Bank also stated last February that the central bank was discussing on removing 500 EUR banknotes since these high-value bills were often touted to be used for criminal and illegal purposes.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 14, 2016 2:39 am

    November 14, 2016

    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.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 14, 2016 2:50 am

    November 14, 2016

    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.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Mon Nov 14, 2016 2:57 am

    November 14, 2016

    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.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Tue Nov 15, 2016 2:17 am


    November 15, 2016

    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.
    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Tue Nov 15, 2016 2:53 am

    November 15, 2016
    Economists Expect Increased Inflation Rates, Unemployment Surge Under Trump Presidency
    A group of economists from Goldman Sachs Group Inc. are speculating that although a number of President-elect Donald Trump’s proposed policies could boost economic growth in the US, his other policies could possibly have a negative impact on the national economy in the long term. The group of economists came up with three possible scenarios during Trump’s presidency, the first one being a full implementation of all of Trump’s campaign platforms, the second one being an enactment of only Trump’s fiscal policies, and the third one being a hawkish Federal Reserve paired with restrictions of US immigration and trade policies.


    avatar
    AppleFXMart


    Posts : 1014
    Join date : 2016-10-09

    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  AppleFXMart Wed Nov 16, 2016 1:27 am


    November 16, 2016

    Morgan Stanley Bank Gained $10m After Stocks Rallied

    Morgan Stanley earned 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 increase inflation of infrastructures and Federal Reserve’s fiscal policies that further boost banks turnover.

    Sponsored content


    Economic and company news by ForexMart - Page 2 Empty Re: Economic and company news by ForexMart

    Post  Sponsored content


      Current date/time is Thu Mar 28, 2024 10:00 am