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Company News by ForexMart

Discussion in 'Broker dan IB' started by Andrea ForexMart, Apr 20, 2017.

  1. Andrea ForexMart

    Andrea ForexMart Member

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    Hello forum members!

    Good day!

    I am Andrea, an official representative of ForexMart. We would like to extend our services to you right here on this forum. Please follow this thread to get updated about our services, contests or any company-related matters. Suggestions, comments or opinions are all welcome. We will also be glad to attend to your inquiries.

    We hope to hear from you soon!

    Thank you!

    Best regards,

    ForexMart
  2. Andrea ForexMart

    Andrea ForexMart Member

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    New Zealand Inflation Came in Strong in the First Quarter


    The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter which is the top-level over five years. Yet, the central is still committed keeping the interest rates low. Hence, the consumer price index (CPI) hovered in the middle range of the Reserve Bank of New Zealand's (RBNZ) within the 1 to 3 percent target range which they have attempted to lift higher for more than a year. The CPI ascended to 1 percent in the first quarter exceeding the expected 0.8 percent which also transposes the annual growth of 2 percent by analysts.



    This hike in inflation was influenced by short-term gains because of high oil and food prices, a tax hike on alcohol and tobacco and the increasing costs of housing construction. The inflation is ascending although at a sluggish pace which keeps the RBNZ heedful according to the senior economist of the Australia and New Zealand (ANZ) bank.

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  3. Andrea ForexMart

    Andrea ForexMart Member

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    March and June Fed Rate Hikes Possible, According to Economists


    Several economists are speculating that the US Federal Reserve could possibly be in for two more rate hikes this coming March and June, with the central bank possibly increasing its short-term rates within the week and another rate increase during the Fed’s meeting this coming June. Fed officials have maintained their current rates after they increased their federal funds rate last December 2016. The central bank had already penciled in a total of three possible hikes for this year but refused to indicate the exact date of the implementation of these said rate hikes.


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  4. Andrea ForexMart

    Andrea ForexMart Member

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    The current Money Fall contest has already started on April 24, 2017 and will end on April 28, 2017.


    You can register for the next competition which will take place from May 1, 2017 to May 5, 2017


    Note:

    Registration for the next competition finishes 1 hour before the contest starts.
  5. Andrea ForexMart

    Andrea ForexMart Member

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    China’s Bullish GDP Growth Stabilizes Yuan


    The first quarter data of China has come out after a solid positive gain causing a slowdown in capital outflows to stabilize the currency following a selloff last year. They are optimistic to attain the 6.5 percent GDP growth for this year as mentioned by the Finance minister Xiao Jie. This is a good signal indicating the strengthening of yuan and capital flows are gaining back by the country.


    The interest rates are moving in an upward direction despite tighter policies to curb the fast growth of credit hampering the economic progress. Yet, economic growth advanced faster-than-expected 6.9 percent in the first quarter, weakening capital outflows and more stable cross-border flows have strengthened yuan substantially. This has then eased the pressure regards to Foreign exchange reserves as it retreated with the surge of the greenback.


    However, further tightening cannot be ruled out as it may change again abruptly especially when the currency come again under pressure with the global appreciation of the U.S. dollar.


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  6. Andrea ForexMart

    Andrea ForexMart Member

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    Asian Stocks Abated Due to High Risks


    The appeal of Asian stocks to investors has subsided because of political and economic risks that overshadowed continuous returns over the past 26 years. Asian business has been good in the second half last year up to early this year and is the impetus is slowing down soon.


    This put the Asian equities for a sell-off as investors have become cautious compared a few months ago. Moreover, political elections in Europe and profit taking in the U.S. bring in corrections that are not good. Another concern is the decline in cyclical upswings in China and the United States which has a big effect on global trading including equities of Emerging market.


    Nevertheless, investors do not totally leave despite the high costs of stocks compare to other emerging markets but are still lesser cost than developed markets. The analysts forecasted earnings to rise by 17% this year.


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  7. Andrea ForexMart

    Andrea ForexMart Member

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    March New Home Sales Surge by 5.8%


    The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an indication that the demand for new homes are now gaining momentum as the peak selling season commences. The March reading for new home sales data is the highest level since July 2016, wherein home sales data peaked its highest within a 9-year period. Economists are now anticipating that new home sales could possibly continue climbing up within the year as more buyers are now returning to the marketplace for starter homes.


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  8. Andrea ForexMart

    Andrea ForexMart Member

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    NAFTA Dangers Sends MXN Plunging


    The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following reports that the Trump administration is planning to pull itself out from the NAFTA agreement. There are now reports that the White House is currently drafting an EO which will enable the said withdrawal and could be released either within the week or next week. This caused the Mexican Peso to crash by 2% against the USD, the currency’s largest daily drop since its previous drop against the CAD last November. A weak MXN could spell bad news for the US economy, since this will mean that Mexican exports will be more affordable as compared to US exports.


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  9. Andrea ForexMart

    Andrea ForexMart Member

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    The current contest has already started on May 1, 2017 and will end on May 5, 2017.

    You can register for the next competition which will take place from May 8, 2017 to May 12, 2017.

    Note:
    Registration for the next competition finishes 1 hour before the contest starts.
  10. Andrea ForexMart

    Andrea ForexMart Member

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    Winners for the week of April 10 - April 14, 2017:

    Rank 1:
    Rurik14
    Acct. No.:
    1024331
    City:
    Naberezhnye Chelny

    ==========

    Rank 2:
    NM20
    Acct. No.:
    1024390
    City:
    Grimancelos

    ==========

    Rank 3:
    oleg001
    Acct. No.:
    1024181
    City:
    Kazan

    ==========

    Rank 4:
    Alex70109
    Acct. No.:
    1024288
    City:
    Borovaya Kharkovskoy oblasti

    ==========

    Rank 5:
    Sergey10766209
    Acct. No.:
    1024319
    City:
    Volosovo


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