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Market Analysis Video

 

Happy holidays for retailers

In preparation and anticipation to internet sales boost during the holiday season, major retailers hire more sales staff to accommodate demand. The ZEW Indicator of Economic Sentiment for Germany improved in September 2017, climbing 7.0 points compared to the previous month, the indicator now stands at 17.0 points. “The solid growth figures in the second quarter of 2017 in combination with a steep rise in bank lending and increasing investment activities by both the government and private firms are likely reasons for the financial market experts’ significantly more positive outlook compared to that of last month,” comments ZEW President Professor Achim Wambach. The CHF, a currency considered a safe-haven, falls on safe-haven retreat as global tensions ease, and investors move away. Among today’s economic events are the USD FOMC Economic Projections, the EUR Non-Monetary Policy's ECB Meeting and the USD Fed Interest Rate Decision in which the central bank will expose its coming plan for the US economy. Political tensions ease and CHF plunges - The CHF, a currency considered a safe-haven, falls on safe-haven retreat. Retailers prepare for internet sales boost - Major retailers boost up sales staff in preparation for the holidays. Germany produces strong figures - Optimism strikes Germany’s ZEW Economic Outlook survey. USD/JPY - High Volatility may be expected. Summary: Strong Buy. BTC/USD - High Volatility may be expected. Summary: Buy. Gold - Less Volatility may be expected. Summary: Sell. AUD/USD - Less Volatility may be expected. Summary: Neutral. Read More +
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Market Analysis Video

 

The North Korean challenge... 18/09/2017 - 11:55

 

Apple moves Wall Street... 14/09/2017 - 12:11

 
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The materials contained on this document are and not made by iFOREX but by an independent third party and should not in any way be construed, either explicitly or implicitly, directly or indirectly, as investment advice, recommendation or suggestion of an investment strategy with respect to a financial instrument, in any manner whatsoever. Any indication of past performance or simulated past performance included in this document is not a reliable indicator of future results.
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