GKFX

21/09/2022

Russian President Vladimir Putin on Wednesday announced a partial military mobilization in Russia, putting the country’s people and economy on a wartime footing as Moscow’s invasion of Ukraine continues.
In a rare prerecorded televised announcement, Putin said the West “wants to destroy our country” and claimed the West had tried to “turn Ukraine’s people into cannon fodder,” in comments translated by Reuters, repeating earlier claims in which he has blamed Western nations for starting a proxy war with Russia.
Source: CNBC

https://cnb.cx/3Sky48z

21/09/2022

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21/09/2022

We celebrate International Peace Day with the hope that peace, love and solidarity will prevail all over the world.

20/09/2022

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https://youtu.be/mEfVpKRs-cw

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major ...

20/09/2022

The Japanese yen is at 24-year lows. Here’s what to expect at the next BOJ meeting
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to stem the currency’s decline. Ahead of Bank of Japan’s rate decision later this week, CNBC takes a look at whether Japan’s central bank might shift from its ultra-loose monetary policy, as the Federal Reserve maintains its hawkish stance, signaling more aggressive rate hikes to come. The widening rate differential has caused the yen to weaken significantly, with the Japanese currency falling about 25% year-to-date.
Source: CNBC

https://cnb.cx/3eY39k5

19/09/2022

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the US Federal Reserve, the Bank of England, Bank of Canada and Bank of Japan and holidays in the UK and Japan.


https://youtu.be/5Mq53aaa6wo

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the US Federal Reserve, the Bank of England, Bank of Canada and Bank o...

19/09/2022

Volkswagen targets 75 billion euro valuation in landmark Porsche IPO
Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany's second-largest initial public offering (IPO) in history. Volkswagen will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. At the upper end of the range, first reported by Reuters, it would become Europe's third largest IPO on record, according to Refinitiv data. Trading will begin on the Frankfurt Stock Exchange on Sept. 29, Volkswagen said.

Source: CNN

https://cnn.it/3LmXTTf

16/09/2022

Retail sales numbers were better than expected in August as price increases across a multitude of sectors offset a considerable drop in gas station receipts, the Census Bureau reported Thursday. Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change. The total is not adjusted for inflation, which rose 0.1% in August, suggesting that spending outpaced price increases.

Source: CNBC

https://cnb.cx/3DrawKX

16/09/2022

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15/09/2022

Continued volatility has seen oil prices gain 1% on Wednesday, as the market attempts to decipher the latest demand growth, US crude inventory data, inflation indications and the impact of China’s COVID lockdowns. As of 3:33 p.m. EST on Wednesday, Brent crude was trading up $0.53, at $93.73, for a 0.60% gain on the day. WTI was trading up $0.83, at $88.14, for a 0.95% gain on the day. Oil prices appear to be reacting, in part, to Wednesday’s release by the Bureau of Labor Statistics of the Producer Price Index (PPI), which injected some optimism into markets that inflation may not become entrenched. The PPI showed a drop in producer prices that signaled some supply chain issues might be easing.

Source: Oilprice.com

https://bit.ly/3DrF7If

15/09/2022

Enjoy our daily selection of top news and articles that will help you understand the market sentiment. We curate our articles section to provide you with the most relevant and independent information on the markets.

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14/09/2022

Inflation rose more than expected in August as rising shelter and food costs offset a drop in gas prices, the Bureau of Labor Statistics reported Tuesday. The consumer price index, which tracks a broad swath of goods and services, increased 0.1% for the month and 8.3% over the past year. Excluding volatile food and energy costs, CPI rose 0.6% from July and 6.3% from the same month in 2021.

Source: CNBC

https://cnb.cx/3xiXOtW

13/09/2022

Inflation is still sizzling hot but is expected to have moderated in August, as gasoline prices dropped, supply chains improved and the cost of travel fell. The consumer price index will be released Tuesday at 8:30 a.m. ET, and the report could be a bit messy since headline inflation is expected to fall while core inflation, excluding energy and food, should rise. The report is also key because it is expected to influence the Federal Reserve’s decision on how much to raise interest rates next week — and more importantly, in the long term.

Source: CNBC

https://cnb.cx/3eLpu4n

13/09/2022

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major & markets.

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major ...

12/09/2022

U.S. Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in gas prices in the winter when the European Union significantly cuts back on buying Russian oil, adding that a proposed Western price cap on Russia's oil exports is being designed to keep prices in check.

Source: Reuters

https://reut.rs/3TZI8Wj

12/09/2022

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the Bank of England, a meeting between Russian and Chinese leaders Vladimir Putin and Xi Jinpeng and inflation data from the US, Europe and the UK.

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the Bank of England, a meeting between Russian and Chinese leaders Vla...

09/09/2022

The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses, joining other European governments in a costly race to protect their economies from freezing up this winter as Russia cuts off supplies of gas. The UK plan could cost as much as £150 billion ($172 billion), analysts said. Add that to recent similar announcements by Germany, Austria and other EU governments, and the region's bill for drawing the sting of rising prices is already more than €500 billion ($500 billion).

Source: CNN

https://cnn.it/3qryMVO

08/09/2022

Traders who regularly and professionally exchange currencies, stocks and indices have developd a terminology. Learn the Forex language before advancing into the next sections!

08/09/2022

The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of living which is threatening to surge even higher. ECB Executive Board Member Isabel Schnabel’s speech in Jackson Hole set the tone for the upcoming policy meeting this week. With inflation in the euro zone projected to rise to at least 10% in the coming months and the risk of consumer prices rocketing higher, a “jumbo” rate hike of 75 basis points on Thursday is certainly a possibility.

Source: CNBC

https://cnb.cx/3KX3P5l

07/09/2022

Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for gas supplies to China to yuan and rubles instead of dollars. The shift is part of a push by Russia to reduce its reliance on the US dollar, euro and other hard currencies in its banking system and for trade — a drive that Moscow has accelerated since it was hit with Western sanctions in response to its invasion of Ukraine. Russia has been forging closer economic ties with China and other non-Western countries, in particular as new markets for its vital hydrocarbon exports.

Source: CNN

https://cnn.it/3AUsz9x

06/09/2022

A group of some of the world’s most powerful oil producers on Monday agreed on a small output cut from next month, surprising energy markets at a time of considerable turmoil. OPEC and non-OPEC partners, an influential energy alliance known as OPEC+, decided to cut production targets by about 100,000 barrels per day from October. Energy analysts had broadly expected the group to stay the course with its production policy.

Source: CNBC

https://cnb.cx/3KWpkmD

06/09/2022

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major & markets.

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major ...

05/09/2022

Our top 5 things to watch for the week ahead in forex markets are rate decisions from the ECB, BoC and RBA as well as Labor Day and the UK leadership race results.

Our top 5 things to watch for the week ahead in forex markets are rate decisions from the ECB, BoC and RBA as well as Labor Day and the UK leadership race re...

02/09/2022

Oil is down over 3.2% on Thursday, while a pending G7 deal to cap Russian oil prices being discussed Friday could reverse that trend with Moscow now stating that it will retaliate by refusing to sell oil. Russia has finally come out and openly declared that price caps on its oil would be costly to energy markets. In a Thursday statement carried on Kommersant.ru, Russia said it would not supply oil to countries that decide to impose a price cap on its oil.

Source: Oilprice.com

https://bit.ly/3wMW1gE

31/08/2022

Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes. Brent crude futures for October settlement fell $2.45, or 2.33%, to $102.64 a barrel by 1022 GMT, after climbing 4.1% on Monday, the biggest increase in more than a month. The October contract expires on Wednesday and the more active November contract was at $101.12 a barrel, down 1.76%.

Source: Business-standard

https://bit.ly/3cvXK2O

30/08/2022

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major & markets.

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major ...

29/08/2022

European markets are set to open lower on Monday after U.S. Federal Reserve Chair Jerome Powell signaled higher interest rates would likely persist in a bid to tame soaring inflation. Germany’s DAX index was poised to open 166 points lower as 12,803, France’s CAC 40 index was down 78 points at 6,186, while Italy’s FTSE MIB was set to open 315 points lower at 21,563, according to IG. U.K. markets are closed on Monday for a bank holiday.

Source: CNBC

https://cnb.cx/3RgeB8G

29/08/2022

Our top 5 things to watch for the week ahead in forex markets are Non farm payrolls, Eurozone inflation, Canada CPI, UK PMIs and more US earnings.

Our top 5 things to watch for the week ahead in forex markets are Non farm payrolls, Eurozone inflation, Canada CPI, UK PMIs and more US earnings.This video ...

26/08/2022

Momentum is building among oil producers behind the idea of cutting crude production to stabilize the market, with OPEC’s president the latest to back Saudi Arabia’s suggestion that the alliance might pump less—comments that pushed the price of a barrel back over $100 earlier this week. The growing consensus among members of the Organization of the Petroleum Exporting Countries and its Russian-led allies, known as OPEC+, threatens to keep energy prices elevated despite Biden administration efforts to get the members to pump more.

Source: WSJ

https://on.wsj.com/3CPo82D

26/08/2022

Traders who regularly and professionally exchange currencies, stocks and indices have developed a terminology. Learn the Forex language before advancing into the next sections!