BetSelection.cc

Please login or register.

Topic: Forex News from InstaForex  (Read 39986 times)

0 Members and 1 Guest are viewing this topic.

Offline InstaForex Gertrude

  • Hero Member
  • *****
  • Posts: 780
    • View Profile
Re: Forex News from InstaForex
« Reply #480 on: February 09, 2017, 04:25:53 PM »
  • ReplyReply
  • Wall Street Advances After Trump Promises Announcement on Taxes



    U.S. stocks rallied following U.S. President Donald Trump's promise to give an announcement on taxes in the next few weeks. The fourth-quarter earnings season has mostly been strong, as combined earnings of S&P 500 companies have climbed 8.3 percent, its highest in nine quarters.

    The Dow Jones industrial average climbed 0.59 percent to finish at 20,172.40, as Nike led advances while Intel lagged behind. The S&P 500 rose 0.58 percent at 2,307.87, as financials led nine sectors higher and utilities and materials were the only decliners. The Nasdaq composite gained 0.58 percent to end at 5,713. Shares of Apple added 0.38 percent and was its largest driver. Eight of the 11 major S&P sectors traded higher.

    Coca-Cola dropped 2.6 percent to $40.96 after the company forecasts a decline in full-year adjusted profit. The stock added the most pressure on the Dow and S&P. Shares of Twitter plunged ten percent after the website posted its slowest revenue growth since going public in 2013. Viacom was the largest gainer on the S&P, climbing 4.3 percent after its quarterly profit exceeded analysts' forecasts.

    News are provided byInstaForex.
    Best regards,
    PR Manager


    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #481 on: February 09, 2017, 07:03:50 PM »
  • ReplyReply
  • Fxwirepro: Japanese Yen falls in Early Hours of Asia Despite Higher Than expected Ppi Data



    USD/JPY is currently trading around 113.72 marks.   

    It made intraday high at 113.79 and low at 113.22 levels.   

    Intraday bias remains bullish till the time pair holds key support at 112.64 marks.
     
    A daily close above 113.22 will take the parity higher towards key resistances around 113.96, 114.95, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.   

    On the other side, a sustained close below 113.22 will drag the parity down towards key supports around 112.64, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.   

    Japans January corporate goods price y/y increase to 0.5 % (forecast 0.0 %) vs previous -1.2 %.   

    Japans January corporate goods price m/m stays flat at 0.6 % (forecast 0.2 %) vs previous 0.6 %.   

    BOJ increases purchase of superlong JGBs in Friday's operation.

    News are provided byInstaForex.
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #482 on: February 12, 2017, 06:27:15 PM »
  • ReplyReply
  • Japan GDP Adds 0.2% On Quarter In Q4



    Gross domestic product in Japan gained 0.2 percent on quarter in the fourth quarter of 2016, the Cabinet Office said on Monday.

    That missed expectations for an increase of 0.3 percent, which would have been unchanged from the previous three months.

    On a yearly basis, GDP gained 1.0 percent - also missing forecasts for 1.1 percent and down from 1.4 percent in the third quarter.

    Nominal GDP was up 0.3 percent on quarter, shy of expectations for 0.5 percent and up from 0.2 percent in the three months prior.

    The GDP deflator eased 0.1 percent on year - unchanged from the third quarter but beating estimates for a decline of 0.2 percent.

    Private consumption was flat on quarter, matching forecasts and down from 0.3 percent in Q3. Business spending was up 0.9 percent on quarter, missing forecasts for 12 percent following the 0.3 percent decline in the previous three months.

    Net exports, or shipments minus imports, added 0.2 percentage points to GDP.

    The Japanese economy has expanded in four straight quarters, the first such streak in more than three years.

    News are provided byInstaForex.
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #483 on: February 12, 2017, 06:51:34 PM »
  • ReplyReply
  • Indian Government Bond Volatility Surges on RBIs Unexpected Decision



    The Reserve Bank of India's policy making committee ruled to keep interest rates unchanged on Wednesday and shifted from an accommodating stance towards a neutral gear, catching investors and traders off-guard.

    The unexpected decision caused India's 10-year yield to jump 31 bps on Wednesday and another 12 bps the following day as investors began to taper their bets for additional easing. A measure of 10-day volatility on noted has since risen to 26.7%, its highest since 2013 from the 4.6% on Thursday. Forex reserves of local government and corporate debt fell by 8.3 billion rupees or $124 million during the release of the policy statement, ending a six-day winning streak.

    RBI's decision marks the third time that the panel has taken the route contrary to market expectations since it was established in October. It prompted a fivefold surge in bond volatility and caused benchmark notes to record the biggest lost in almost four years.

    Authorities maintained borrowing costs despite stating that the economy was unlikely to rise beyond its inflation target of 5% in March. Consumer prices growth decelerated to 3.41% in December, the slowest since November 2014. RBI is eyeing 4% inflation through 2021 in the medium-term, while allowing it to move in a range between 2%-6%.

    News are provided byInstaForex.
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #484 on: February 13, 2017, 06:38:00 PM »
  • ReplyReply
  • Australia Business Confidence Picks Up Steam - NAB



    Business confidence in Australia gained momentum in January, the latest survey from National Australia Bank revealed on Tuesday with an index score of +10.

    That's up from +6 in December, and it marks the highest reading in almost three years.

    Business conditions also spiked in January with a reading of +16 - up from +10 and touching an almost 10-year high.

    "These outcomes are certainly pointing to an improvement in the domestic economy after a soft patch through much of the second half of 2016," NAB chief economist Alan Oster said.

    News are provided byInstaForex.
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #485 on: February 13, 2017, 07:27:11 PM »
  • ReplyReply
  • Greek finance chief chides IMF for delaying bailout deal

    Greece's finance head lambasted the International Monetary Fund for wasting its time on internal disaccords, saying it defers a decision on their third rescue agreement.

    Greek Finance Minister Euclid Tsakalotos urged the global institution to decide on its participation in the country's 86 billion ($91 billion) bailout package as he reiterated the latter's demands were anchored on wrong figures.

    IMF Managing Director Christine Lagarde previously warned Greece won't secure a special sweet accord as she implied the international organization won't withdraw its demands for reforming pension and tax policies.

    She said the IMF needs to apply the principles which they apply to all nations since they lend money to the international community. It is determined to avoid repeating events which led to the country's first and second rescue deals.

    News are provided by InstaForex
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #486 on: November 19, 2018, 11:58:30 PM »
  • ReplyReply
  • RBA Minutes: Domestic Economy Improved More Than Expected

    Members of the Reserve Bank of Australia's monetary policy board said that the country's economy has continued to pick up steam, and at a slightly faster rate than expected, minutes from the central bank's November 6 meeting revealed on Tuesday.

    At the meeting, the RBA kept its benchmark interest rate on hold at a record low of 1.50 percent for the 26th consecutive meeting. The interest rate has been at the current level since August 2016.

    "Members judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time," the minutes said.

    The appreciating U.S. dollar and its effect on the Australian currency has helped to boost domestic growth, the minutes said. They added that the inflation rate remained low and stable beneath the midpoint of the target range, as expected.

    They further added that while a change to the rate is not imminent, it's likely to be an increase - not a decrease, owing to the improvements in the economy.

    "There was no strong case for a near-term adjustment in monetary policy. Rather, members assessed that it would be appropriate to hold the cash rate steady and for the Bank to be a source of stability and confidence while this progress unfolds," the minutes said.

    Although policymakers expect further progress in the reduction of unemployment and inflation returning to target, this progress is likely to be gradual, the bank noted.

    The Australian economy was performing well with the GDP growing by 3.4 percent and the unemployment rate declining to five percent over the past year, the RBA said.

    The bank revised up its economic growth forecasts for 2018 and 2019. Economic growth is expected to be around 3.5 percent over these two years, before slowing in 2020 due to slower growth in exports of resources.

    "Taking account of the available information on current economic and financial conditions, as well as the latest forecasts, members assessed that the current stance of monetary policy would continue to support economic growth and allow for further gradual progress to be made in reducing the unemployment rate and returning inflation towards the midpoint of the target," the minutes said.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #487 on: November 21, 2018, 02:29:28 AM »
  • ReplyReply
  • NZ Dollar Advances Against Majors

    The New Zealand dollar climbed against its major counterparts in late Asian deals on Wednesday.

    The kiwi advanced to 0.6813 against the greenback, from an early weekly low of 0.6782.

    The kiwi climbed to 76.92 against the yen and 1.6700 against the euro, off its previous 8-day low of 76.44 and a 2-day low of 1.6760, respectively.

    The kiwi rose back to 1.0614 against the aussie, after falling to 1.0649 at 9:15 pm ET.

    If the kiwi rises further, it may find resistance around 0.69 against the greenback, 78.00 against the yen, 1.65 against the euro and 1.05 against the aussie.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #488 on: November 26, 2018, 09:43:22 PM »
  • ReplyReply
  • The Ifo business climate index in Germany fell to 102 in November

    According to the Ifo Institute, the mood in German companies continued to decline in November, worsening their business forecasts for the next six months. The business climate index in November, calculated by the institute, fell from the October mark of 102.9 to 102.0. Experts predicted that the figure will be 102.3.

    Thus, we can conclude that the German economy is showing signs of cooling, notes Ifo's president, Clemens Fuest. Manufacturing companies are unhappy with the current situation in the country and fear that the prospects for the success of their business are in doubt. However, according to Ifo, the number of companies willing to raise prices has increased.

    News are provided by
    InstaForex
    .
    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #489 on: November 27, 2018, 11:53:51 PM »
  • ReplyReply
  • Brexit could cut UK GDP by 5.5% by 2030

    According to a study by the London School of Economics and King's College, UK GDP could be reduced by 5.5% by 2030 compared to what the United Kingdom could be in the European Union. Moreover, in the absence of a transaction, the growth of the British economy can be from 3.5% to 8.7%.

    By making such assumptions, the authors of the study paid attention to the likelihood of the emergence of trade barriers after Britain's withdrawal from the EU and the decline in immigration flow. At the same time, the study was carried out taking into account the preservation of Great Britain in the customs union, but exclusion from the single market.

    Experts also believe that Brexit will entail an increase in regulatory barriers to trade not only in goods but also in services. Also, the deal will mean a restriction of freedom of movement between countries, which will lead to a reduction in both skilled and unskilled workers from other countries.

    Together, all these factors will lead to the fact that the growth rate of the British economy will be lower than 1.9-5.5% , if the country remained in the EU.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #490 on: December 02, 2018, 11:42:01 PM »
  • ReplyReply
  • Australia Company Operating Profits Rise 1.9% In Q3

    Company operating profits in Australia were up a seasonally adjusted 1.9 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Monday.

    That missed expectations for an increase of 2.8 percent and was down from 2.0 percent in the three months prior.

    Inventories were flat on quarter, missing forecasts for an increase of 0.4 percent and down from 0.6 percent in the second quarter.

    On a yearly basis, company profits were up 13.5 percent and inventories gained 1.6 percent. Wages and salaries were up 0.9 percent on quarter and 4.3 percent on year.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #491 on: December 04, 2018, 01:39:43 AM »
  • ReplyReply
  • RBA Leaves Interest Rate Unchanged At Record Low

    The Reserve Bank of Australia on Tuesday decided to keep its benchmark interest rate on hold at a record low citing sluggish wage growth and low inflation.

    The board of the Reserve Bank of Australia, governed by Philip Lowe, voted to maintain the cash rate at 1.50 percent. The interest rate has remained at the current level since August 2016.

    "Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time," the bank said in a statement.

    Policymakers observed that the low level of interest rates is continuing to support the Australian economy. Policymakers expect further progress in the reduction of unemployment and inflation returning to target, but this progress is likely to be gradual.

    The Australian economy is performing well with the GDP growth expected to average around 3.5 percent for this year and next, the bank said.

    Inflation is forecast to pick up in the coming years, with the growth likely to be gradual. The central scenario is for inflation to be 2.25 percent in 2019 and a bit higher in the following year.

    Labour market remained strong with the unemployment rate declining to five percent over the past year. As the economy is expected to continue to grow above trend, a further reduction in the unemployment rate is likely, the bank noted.

    Concerning property market, the RBA said conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low.

    The outlook for household consumption remained as a source of uncertainty for the economy, the bank cautioned.

    Growth in household income remains low, debt levels are high and some asset prices have declined. Growth in credit extended to owner-occupiers has eased, while the demand by investors has slowed noticeably due to changing dynamics of the housing market, it added.

    The RBA statement sounded a little cautious by assessing external conditions to be less favorable, Marcel Thieliant, an economist at Capital Economics, said.

    Thieliant suggested that the Bank seemed to be getting a bit more worried about the downturn in the housing market.

    Given dovish outlook for the economy and prices, the economist believe that rates will not rise until late in 2020.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #492 on: December 04, 2018, 11:19:18 PM »
  • ReplyReply
  • China Services PMI Surges In November - Caixin

    The services sector in China continued to expand in November, and at a greatly accelerated rate, the latest survey from Caixin revealed on Wednesday with a PMI score of 53.8.

    That beat expectations for 50.8, which would have been unchanged from the October reading. It also moves further above the boom-or-bust line of 50 that separates expansion from contraction.

    Also, the composite index jumped to 51.9 in November, up from 50.5 a month earlier.

    Individually, November marked the steepest increase in services activity in five months, while manufacturing production remained stable.

    Composite new businesses climbed at their quickest pace since June, while inflationary pressures cooled.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager

    Offline InstaForex Gertrude

    • Hero Member
    • *****
    • Posts: 780
      • View Profile
    Re: Forex News from InstaForex
    « Reply #493 on: December 06, 2018, 01:43:39 AM »
  • ReplyReply
  • The European Commission presented a plan to reduce dependence on the US dollar

    The European Commission (EC) on Wednesday, December 5, published a plan to strengthen the global role of the euro in world markets.

    EC Vice President for the Euro and Social Dialogue Valdis Dombrovskis said that Brussels intends to make the euro a more attractive currency for international payments than the US dollar. In addition, it is planned to use the euro more for calculations on the global oil and gas markets, as well as in strategic sectors of the economy.

    According to officials, the euro must comply with the political, economic and financial level of the eurozone in order to act as a tool for legal regulation of the international political and economic order.

    News are provided by
    InstaForex
    .

    Best regards,
    PR Manager