Generally, the monthly changes in payrolls can be extremely volatile. Given its high relation with the economic policy decisions made by the Fed, the release of the nonfarm payrolls can trigger volatility in the markets. The US labour market is expected to stay robust and the unemployment rate to remain steady at 3.7%. The US labour market is ti...
Today’s flash crash in the FX markets was surprising to many of us. The triggers behind the slump in the currency’s markets are vague, and everyone was left wondering about a reasonable explanation. First of all, we think it is important to note that we are in a low volume trading environment and any reaction/news can be exacerbated in such t...
Source: Bloomberg Terminal For the traders returning from the Christmas break, the sudden surge in the Dow Jones Industrial Average is probably the main event of significance to monitor. Major US equity benchmarks experienced the biggest daily gain in a decade. Until recently, those benchmarks were flirting with the bear market levels. What has ...
With the Brexit negations dominating the news flow over the last few weeks, you may forget there are other events taking place. On Thursday, the European Central Bank will announce its decision whether to increase, decrease or maintain the interest rates. The decision is scheduled to be announced at 12:45 PM UK time. Why Is The Announcement Impo...
The Buraeu of Labor Statistics have released the latest jobs report for September. Let’s take a look at the latest numbers. The total non-farm payroll employment increased by 155,000 the U.S. Bureau of Labor Statistics reported today below the forecast of 198,000. Biggest job gains were in health care, in manufacturing, and in transportation a...
It’s a new month which means the latest Non-Farm Payroll figures will be released this week by the Bureau of Labor Statistics. The data will be released on Friday 7th December at 13:30 PM London time. Why is the announcement important? Non-farm payroll is one of the most closely watched indicators and is considered the most wide-ranging measu...
December started on a positive note, though it was short-lived. During the G20 meeting, there was more optimism in the financial markets than the market participants had anticipated. Investors were therefore hopeful that December would be promising. Post G20 Reactions – Bullish Gaps Monday started on a buoyant note with a few bullish gaps, a...
Canada News Flying Under The Radar Canada has been a predominant feature in financial news in the recent few months, with many discussions centered around the NAFTA and ‘new NAFTA’ agreement, the USMCA trade deal. But despite being such a significant story, it has arguably been overshadowed by the big moves in equity markets, Brexit negotiatio...
Without any doubt it was a difficult year for the stock markets. Recently nearly all equity indices have erased their 2018 gains. October has also lived up to its reputation in being the worst month for equities. The stock markets bled red, and investors were anxious and cautious. The equity markets have gone through their longest bull run, an...
The week kicked off with a series of ECB speeches, and markets participants were gearing up to have more updates on the Eurozone economy, interest rate and Italy. Investors were keen to see whether the ECB downplays the slowdown in the German economy and the Italian Budget risks. We bring you a summary of the main headlines following the spe...
As we head into the Thanksgiving holidays, the continuing factors dominating headlines remain Brexit and Italy. This Wednesday was an important day for Brexit and Italy, but the events unfolded without any major catalysts or breakthrough. Theresa May and Jean-Claude Juncker meeting in Brussels: It appears that some progress has been made. Th...
MELBOURNE, AUSTRALIA – 25 September 2018. Trade Globe Fx is pleased to launch MetaTrader 5 (MT5) to its suite of platforms. Traders can now download, and use Trade Globe Fx MT5 along with Trade Globe Fx MT4, as well as Trade Globe Fx’ Webtrader, on any device or browser. Chief Executive Officer, Christopher Gore, noted that while he continues to see solid dem...
In the wake of the global financial crisis, the G20 summit has become a popular forum of global governance and cooperation. In the heat of the disaster, G20 members came together to sustain global financial stability. The G20 has been a useful pool of information and decision making that have steered the global financial markets since 2008. G7 ...
MELBOURNE, AUSTRALIA – 13 November 2018. Veteran derivatives provider Trade Globe Fx Pty Ltd has integrated with technology provider, oneZero Financial Systems in a bid to expand their institutional offering in LD4. Head of Trading, Tom Williams said: “The popularity of our API offering has naturally led us to expand our distribution channels and ...
Deteriorating demand and rising global output are the main factors that sent the WTI Crude into a bear market territory. There is a shift of sentiment in the oil markets. The US sanctions have been the primary influence behind the rally in oil prices, and now that fears have eased, fundamentals took over, and economic forces- demand and su...