Posted by support on October 10, 2016

LONDON (Reuters) - Prime Minister Theresa May is expected to decide where to allow new airport capacity near London this month, a long-awaited ruling that will help shape Britain's economy and trading ties following its vote to leave the European Union.
May will either support plans for a new runway west of London at Heathrow, the busiest airport in both Britain and Europe, or at Gatwick to the south. The decision has been debated for more than 25 years and any further delay could risk economic growth as both sites near full capacity.

Posted by support on September 30, 2016

BERLIN (Reuters) - Deutsche Bank (DE:DBKGn) admitted on Thursday it had an image problem with investors as fresh concerns over the stability of Germany's largest lender pushed its U.S.-listed shares to a record low.
The latest lurch came after Bloomberg reported that a number of hedge funds that clear derivatives trades with Deutsche had withdrawn some excess cash and adjusted positions held at the lender, a sign that counterparties are wary of doing business with it.

Posted by support on September 30, 2016

SINGAPORE (Reuters) - Asian stocks followed Wall Street lower in early trade on Friday, while oil prices held close to the highest level in almost a month on optimism over an OPEC plan to curb output.
MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) fell 0.5 percent, on track for a 0.4 percent drop for the week. It is poised for a 2.2 percent gain in September, and a 9.5 percent jump in the third quarter.

Posted by support on September 30, 2016

The Federal Reserve might be able to help the U.S. economy in a future downturn if it could buy stocks and corporate bonds, Fed Chair Janet Yellen said on Thursday.
Speaking via video conference with bankers in Kansas City, Yellen said the issue was not a pressing one right now and pointed out the U.S. central bank is currently barred by law from buying corporate assets.
But the Fed's current toolkit might be insufficient in a downturn if it were to "reach the limits in terms of purchasing safe assets like longer-term government bonds."

Posted by support on September 22, 2016

Crude prices fell in Asia on Friday, retracing recent gains built on a surprise stockpile drop and looking ahead to U.S. with rig count data slated.
Crude oil for November delivery on the New York Mercantile Exchange fell 1.08% to $45.82 a barrel. on the ICE Futures Exchange in London, Brent oil for November delivery dipped 0.84% to $47.25 a barrel
Last week, oilfield services provider Baker Hughes said the number of rigs drilling for oil in the U.S. rose by 2 to 416, marking the 11th increase in 12 weeks.

Posted by support on September 22, 2016

The dollar slipped lower against the other major currencies on Wednesday, as investors remained cautious ahead of the Federal Reserve’s policy decision due later in the day and after the Bank of Japan introduced new policy measures.

USD/JPY tumbled 0.95% to 101.73, off a three-week low of 101.08 hit earlier in the day.

At the conclusion of its policy meeting on Wednesday, the BoJ said it was abandoning its target to increase the monetary base and left interest rates unchanged at minus 0.1%.

Posted by support on September 22, 2016

Gold prices gained in Asia on Thursday as the Federal Reserve held steady on interest rates as expected, though the outlook for a possible hike this year by the FOMC remained subject to debate.

Gold for December delivery on the Comex division of the New York Mercantile Exchange rose 0.48% to $1,337.75 a troy ounce.

Overnight, gold prices extended strong overnight gains during North America's session on Wednesday, climbing to a more than one-week high.

Posted by service on August 02, 2016

Limassol, Cyprus – August 1, 2016

 

Today Spotware Systems announce the introduction of FIX API credentials with every cTrader account by default, marking a major milestone for the industry as cTrader becomes the first retail platform to offer such functionality. With today's update users can see a new menu item called FIX API in their cTrader, cAlgo and soon to be cTrader Web.

 

Posted by Tom on July 22, 2016


Analysts from Lloyds Bank point out that today’s retail sales report in the United Kingdom for June provides evidence that consumers were the key driver of growth before the referendum.
Key Quotes:
“Retail sales volumes pulled back by 0.9% m/m in June, fully reversing a rise of 0.9% m/m in May, falling short of expectations (LBCB: -0.6%, CON: -0.6%). Nevertheless, the rolling quarterly growth picked up further, from 1.4% last month to 1.6%, leaving the outturn for Q2 above the 1.2% recorded for 2016 Q1.”

Posted by Tom on July 22, 2016


After a knee-jerk bullish reaction to 1.1060 on Draghi's initial comment, the EUR/USD pair is seen fading its spike and dipped into negative territory. The pair is currently trading near session low around 1.1005 region. 
Ahead of the press conference, ECB's governing council decided to keep its main rate and deposit rate unchanged at 0.0% and -0.4% respectively. The central bank also left its marginal lending facility rates unchanged at 0.25% and held its monthly QE target at €80 billion, which will run at least until March 2017.

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