Monthly Archives: August 2016

What are Complementary Currencies?

Share This: Nikolas Xenofontos, Director of Risk, easyMarkets Money is the engine which makes the economy move. However, money can likewise generate problems particularly when there is too little of it or too much. When the number of problems grow in our monetary system doubts about the system grow as well. Another issue that can arise along with… Read More »

Bullet Report: Oil on the Move | Watch for ADP Figures Today

Share This: The Japanese Yen continues to weaken after more talk of monetary easing, Central Bank of Japan aims to increase consumer and business spending in order to reverse the current deflationary situation. USDJPY reaches 1-month high of 103.20. US consumer confidence released 101.1 vs expectation of 97.2 yesterday, the positive result boosted the dollar index to hit… Read More »

You Know You’re a Trader When…

Share This: Traders can be spotted a hundred miles away. From their unique vernacular to the pale expression on their faces from staring at squiggly lines all day, it’s usually rather easy to know when you’re dealing along with a financial market enthusiast. Below is a list of 12 reasons you know you’re a trader. You know you’re… Read More »

Hot Topic – Yellen raises expectations

Share This: Here’s what’s going on for the Greenback The EUR/USD on Friday decreased by 0.8%. And on a weekly basis, the world’s most popular currency pair fell by 0.9%. The probability of the Federal Reserve increasing interest during this year have actually increased according to its Chairwoman Janet Yellen. What lead to this situation: During her annual… Read More »

Bullet Report: US Stocks Rebound | Gold Rallies

Share This: Yesterday’s UK Holiday kept the markets somewhat calm. JPY was the weakest major currency yesterday due to the expectation of Bank of Japan easing in the near term while the US dollar continues to strengthen versus the majors. Looking ahead, UK will certainly release mortgage approvals and M4, US will certainly release consumer assurance during US session later… Read More »

Fed’s Janet Yellen boosts rate hike chances

Share This: The probability of the Federal Reserve (Fed) to increase interest rates twice during this year have actually increased according to its Chairwoman Janet Yellen. During her annual speech, which once again took place at Jackson Hole, she supported the Fed’s initial plan for gradual increases while she likewise said that there is “strengthened” probability for another… Read More »

Bullet Report: Greenback on the Rise | US Interest Rate Hike Likely

Share This: Greenback closed as one of the most effective performing major currencies last week. Fed Chair Yellen mentioned that “the case for an increase in the federal-funds rate has actually strengthened in recent months” during the Jackson Hole Symposium last Friday. A report shows that the probability of a Fed rate hike in September rose to 42%… Read More »

High-Tech Revolution the Frontier of China’s New Economy

Share This: It’s not all doom and gloom for the world’s second-largest economy. Amid the sharp slowdown in manufacturing, central bank uncertainty and unprecedented pace of capital flight from the country’s equity markets, China’s white-hot technology sector continues to churn out wealthy entrepreneurs tapping into high-demand sectors that intersect e-commerce, social media and green tech. In an economy… Read More »

How Much Do Wall Street Traders Really Make?

Share This: Ever wondered if the fulfills in Wall Street really live extravagant lifestyles or make six-figure salaries as movies suggest? Here’s an insider look on the standard salaries of financial market gamers based on their position and tenure. The Wall Street Oasis, which is an online community of financial professionals, came up along with a survey on… Read More »

Bullet Report: USD Poised for Volatility Ahead of Yellen Speech

Share This: Markets are expecting that Fed’s Chair Yellen could hint on a rate hike in the near term during her speech at the Jackson Hole symposium today at GMT 14:00. A revised set of second-quarter UK GDP figures headline the economic calendar in the European hours. Expectations point to confirmation of preliminary data showing the economy added 0.6… Read More »