Mohicans markets :Hawk speech lost to panic, crude oil awaits OPEC+ meeting

09:45 China's July Caixin service industry PMI, previous value 54.5, expected value -- , announced value: to be released 14:00 Germany's June seasonally adjusted trade account (100 million euros), previous value -10, expected value -20, announced value: to be released 14:00 Germany's June unadjusted trade account (100 million euros), previous value 5, expected value -- , announced value: to be released 16:30 UK Markit service industry PMI final value in July, previous value 53.3, expected val

Nachrichten 2022-08-03 20:26

Mohicans markets :Fed officials' firm rate hike rhetoric boosts dollar, waits for OPEC+ meeting, or resists calls to increase output

U.S. bond yields soar as Fed official says fight against inflation is not over Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence

Nachrichten 2022-08-03 19:18

GemForex - USD/JPY

USD/JPY: The Yen consolidates ahead of an uncertain week

Review 2022-08-03 17:08

The Best Pair of Forex Exchange That You Should Know

Many people are interested because it’s the most liquid in the world. There are a lot of pairs of exchanges in this market. So, traders should choose the best one. In this market, traders should sell and buy pairs of forex.

Nachrichten 2022-08-03 17:04

eToro Announces Partnership Extension with AS Monaco

eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.

Nachrichten 2022-08-03 16:48

Mohicans markets :Fed officials' firm rate hike rhetoric boosts dollar, waits for OPEC+ meeting, or resists calls to increase output

Chicago Fed President Charles Evans said he wants to raise rates by 50 basis points in September and then continue at a 25 basis point pace until early in the second quarter of 2023. San Francisco Fed President Daly said the Fed's fight against inflation is "far from over" and officials are firmly committed to maintaining price stability. Cleveland Fed President Mester said the Fed will need to see months of evidence that inflation has peaked before ending the rate hike cycle. U.S. Treasury yiel

Nachrichten 2022-08-03 15:13

WIKIFX REPORT: TRADING SIGNALS: THE FEDS' DECISION ON THE INTEREST RATE

The Federal Reserve announced that it’s raising interest rates 0.75 percentage points, following its July 26-27 meeting, bumping the federal funds rate to a target range of 2.25 to 2.50 percent.

Nachrichten 2022-08-03 13:58

WIKIFX REPORT: S&P 500, Nasdaq register biggest monthly gains since 2020

U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple AAPL.O and Amazon.com AMZN.O , and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.

Nachrichten 2022-08-03 13:51

WIKIFX REPORT: PRICE OF INTEREST: HOW DO INTEREST RATES AFFECT PRICES OF COMPANIES' SHARES

Higher interest rates tend to negatively affect earnings and stock prices (with the exception of the financial sector). Higher interest rates also mean future discounted valuations are lower as the discount rate used for future cash flow is higher.

Nachrichten 2022-08-03 13:45

WIKIFX REPORT: Nigeria spent $3.8 bln on fuel subsidies to June - NNPC document

Some years back, Petrol subsidy payments grew by 349.42 per cent from N350 billion in 2019 to N1. 573 trillion in 2021, propelled by the rising price of crude oil in the international market and the falling value of the Naira.

Nachrichten 2022-08-03 13:43

WIKIFX REPORT: Hungary to allow companies to pay corporate taxes in euros or dollars

Remember that, regarding gas issues Hungary has discounted the price of gasoline at the pump. But not if you have a foreign license plate. It’s also taxing what it calls “extra profits” of industries including airlines, with carriers like Ryanair and EasyJet increasing ticket prices to cope.

Nachrichten 2022-08-03 13:39

WIKIFX REPORT: Gold Will Keep Well-Positioned despite Commodities Breakdown

Gold price is extending its winning streak into a fifth trading day on also Commodity indexes have been offering some high returns during the first half of the year despite major sectors tanking. The BCOM index managed to gain around 33% between January and June 2022.

Nachrichten 2022-08-03 13:34

WIKIFX REPORT: Euro FX Futures ( 6E1! ), H4 Potential For Bullish Momentum

On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement .

Nachrichten 2022-08-03 12:27

WIKIFX REPORT: EU Inflation Breaks to a New High, Driving Higher Recession Risks

The risk of a euro-area recession is growing as the likelihood of natural gas shortages rises and inflation remains at record levels, Annual inflation in the Eurozone in July accelerated to 8.9%, showed a report released on Friday.

Nachrichten 2022-08-03 12:19

August 2022 Holiday Trading Hours Update (Canadian Citizenship Day & Swiss National Day)

Icmarkets is delighted to inform readers about their change in trading hours due to Canadian Citizenship Day & Swiss National Day trading schedule for Monday, August 1, 2022.

Nachrichten 2022-08-03 11:51

WIKIFX REPORT: Market Update - Thematic investing - a move away from the traditional portfolio

A top-down investment strategy known as thematic investing takes advantage of opportunities brought about by macroeconomic, geopolitical, and technological trends.

Nachrichten 2022-08-03 11:40

Key Economic Data That Influence Exchange Rates

Countries with free-market economies tend to rely on exchange rates to determine their level of trade with other countries. To prevent the costly mistake of trading currencies inappropriately, it is crucial to be aware of the economic data and how they affect the exchange rate movement. Thus, it is no wonder why the exchange rate is among the most carefully watched, analyzed, and manipulated economic measures.

Activity 2022-08-02 20:14

WIKIFX REPORT: Vault Markets Namibian Tour

You are in for a treat if you are a prospective trader in Namibia. From the 29th of July to the 2nd of August, Vault Markets and a number of prosperous traders are touring Namibia.

Nachrichten 2022-08-02 16:44

Mohicans markets :Rising recession fears lead to market turmoil, rising Eurozone bond spreads face stagflation challenges

U.S. ISM manufacturing performs well for 26th straight month, new orders rate falls The U.S. July ISM manufacturing PMI recorded 52.8, the 26th consecutive month of good performance. The U.S. July ISM new orders index fell to the lowest level since May 2020; the U.S. July ISM manufacturing price payment index fell from August 2020. the lowest level since a month. The agency sees signs that the rate of new orders has fallen, as experts grow increasingly concerned about excess inventories and con

Nachrichten 2022-08-02 14:21

WIKIFX REPORT: Stanbic IBTC Stockbrokers presents basics of capital market in new series

Stanbic IBTC Stockbrokers Ltd, a subsidiary of Stanbic IBTC Holdings PLC, recently hosted a virtual session to enlighten Nigerians on the potentials of investing in the stock market.

Nachrichten 2022-08-02 14:12