Forex and others markets: декабря 2010

UK: Current Account reaches -£9.6B in 3rd quarter

As it was informed by "Market Leader (US)"

UK: Current Account reaches -£9.6B in 3rd quarter

On Dec 22^nd at 9.30GMT Current Account data was published for the 3^rd quarter of 2010.

The index value for the 2^nd quarter is -£7.4B while the forecast for the 3^rd quarter is -£7.5B.

Current Account is a part of the country’s trade balance, including the income from the exports/imports of products, services, investments and capital flow. The 2 latter positions are paid special attention to.

Will GBPUSD keep showing downtrend?

As reported by «Market Leader» (US)

Will GBPUSD keep showing downtrend?

After the publication of the UK Net Borrowing report showing a £14.2B increase, which came out much worse than expected, GBP rate declined versus USD.

There are many news releases on the British and US economies expected for today. For example, at 9.30GMT the MPC is to release Meeting Minutes. Previous reports showed a 3-party split of the MPC: most members were against any changes, one member voted for increasing the interest rate to combat the inflation, another on voted for allocating extra funds for the QE program to support the national economy. It will be interesting to know which side will be taken by the QE supporter.

What Euro Rates Should be Expected Before Christmas?

As it was informed by "Market Leader (US)"

What Euro Rates Should be Expected Before Christmas?

The Euro is trading today in the range of 1.3130-1.3180.

Investors are gradually preparing for Christmas and the calm is coming to markets. No sharp moves were seen early during the trading day on Monday with the dollar stabilizing across the entire spectrum of the market. The Euro remains under pressure because EU countries leaders failed to adopt any fundamental measures last week.

Is Forex in Any Way Different from Gambling: Casino, Slot Machines or Thimblerig?

As reported by «Market Leader» (US)

Is Forex in Any Way Different from Gambling: Casino, Slot Machines or Thimblerig?

Can one make money in the forex? What is the difference between the forex and gambling: casino, slot machines or thimblerig? It is this kind of an attitude to the foreign exchange market, its likening to a type of gambling that starts showing itself in analytical news overviews in a number of media. What indeed is forex for Russians and residents of the world’s other countries?

Is there any difference between forex and gambling (casino, slot machines, thimblerig etc)?

How to Make Money in the Forex Having No Startup Capital?

As reported by «Market Leader» (US)

How to Make Money in the Forex Having No Startup Capital?

This question, frankly speaking, is quite relevant for beginner traders! And the answer is very simple! But everything in turn.

Many of us sometimes find it difficult to make the first step and deposit funds in a real trading account to start making profits successfully and steadily. A huge abysm between simulated and real trading often appears to be an insurmountable obstacle for beginners. Of course, this is primarily because of psychological load and a huge difference between order execution by simulation and real servers. You should also add new conditions and limitations imposed by the broker on real account trading and unavailable during simulated trading. The list of differences can be quite extended, but this article is essentially about another thing.

Strong US dollar presses crude oil.

As it was informed by "Market Leader (US)"

Strong US dollar presses crude oil.

The USD strengthening has been pressing the prices on crude oil over the last few days.

Euro: calm before the storm?

As it was informed by "Market Leader (US)"

Euro: calm before the storm?

The common European currency keeps being uncertain within the range of 1.3315 - 1.3180.

The news background is neutral. However there are rumors at the market that a range of investors are interested in accumulating short positions, which may press the Euro currency rate. There is no significant statistics expected during the 1^st part of the day while at the American session the statistics released at 13.30 and 14.55GMT may influence the market.

Silver: what will be the future prices on the precious metal?

As it was informed by "Market Leader (US)"

Silver: what will be the future prices on the precious metal?

As soon as on Monday silver exceeded $30 per ounce for the first time since 1980, traders and analysts started questioning the bullish tendency.

Silver and gold have been popular with investors as safe assents under the long-lasting crisis in the Euro zone and the perspectives of the Fed Reserve’s further quantitative easing. Moreover silver is also popular with investors because it is used in industrial production.

Despite the fact that gold has recently reached its record-breaking price level, which is $1430 per ounce, silver has “defeated” gold in terms of profitability, i.e. $100 of investments will bring $180 (+80%) for silver and $130 (+30%) for gold.

What favors the growth at the crops market?

As it was informed by "Market Leader (US)"

What favors the growth at the crops market?

The general situation at the market is the following: the declining USD proves the inflation expectations, stirring up the demand at the market of agricultural products.

S&P500: has New Year rally begun?

As it was informed by "Market Leader (US)"

S&P500: has New Year rally begun?

At the US stock market they say: Buy on Thanksgiving Day and sell on Christmas. We’ll see if it holds true this year…

Swiss economy is out of danger

As reported by «Market Leader» (US)

Swiss economy is out of danger

Switzerland can sleep soundly despite the fact that most of its neighbors are concerned about the existing sovereign debts. The Economiesuisse (a Swiss corporate union) and the Chamber-of-Commerce representative of a Neuchâtel canton report that nothing threatens the Swiss economy due to the sound fiscal competition, which raises disputes in the parliaments of numerous cantons and is criticized by socialists.

The main conclusion made at the meeting of the Economiesuisse and the Chamber of Commerce is that preserving the sovereignty of cantons in terms of tax policies will lead to prosperity in the future.

Irish crisis – step by step

As it was informed by "Market Leader (US)"

Irish crisis – step by step

Finally it happened. After resisting for sometime Ireland eventually decided to compromise and accept the financial aid from the European Union to the sum of dozens of billions (EUR) to support its banking system.

China: Is Rapid Development of this Country’s Economy as Dangerous as Believed in the USA?

People’s Republic of China is a powerful agrarian and industrial country that develops such traditional sectors of industry as textiles, coalmining, ferrous metallurgy, phosphorus and faience production and has created new sectors such as oil refining, gas, chemical, aviation, space, electronic, machine building, instrument-making. China holds a leading position in the world in terms of coal production, manufacture of cement, mineral fertilizers, steel, power. It has developed modern means of transport. Major seaports include Shanghai, Tianjin with Xingang, Dalian, Guangzhou with Huangpu, Zhanjiang, Qinhuangdao, Qingdao. The country has about 500 domestic and 60 international airlines.