New Year on Wall Street: a poll from Bloomberg

Dear clients,
Bloomberg conducted a survey among investment firms, including BlackRock Inc., Goldman Sachs Asset Management and other major players, regarding the outlook for the market for next year. The mood is generally positive: with the expectation that inflation has peaked, and the Fed will start easing its monetary policy, 71% of respondents believe in stock growth. They are expect an average rise of 10%.

There are also talks about renewed interest in the Chinese market, recovering from the pandemic and the IT industry, which has suffered due to interest rates. Here, Apple, Amazon and Alphabet are considered the most promising.

The main fear of the coming year being considered a possible stagflation: 48% of investors are worried about high inflation, 45% about a serious recession. Experts also point to the likelihood of a weak start for the stock market and full growth only in the second half of the year.

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Boosting rates. How did the market react to the Fed's decision

The US Federal Reserve has announced another rate hike. As predicted, the growth amounted to 50 basis points. The previous value, put forward 4 times in a row, is 75 points.

According to Fed Chairman Jerome Powell, the rate at 2% inflation remains unchanged. Reducing rates is possible only with confidence in a steady decline in inflation.

American indices reacted negatively to the continuing high rate. Declines are seen in the Dow Jones, S&P500 and NASDAQ. Many experts see a recession in the US economy as the most likely scenario. A further increase in the rate will contribute to the exit from risky assets.

At the same time, analysts say that the market does not believe in the Fed's intentions to hold the bar and counts on a more favorable scenario. Investors are betting on a February's advance being as high as 25 basis points when officials are talking about a possible 75. The FedWatch tool shows the probability of seeing a rate of 4.5-4.75% — 62%, while before the press conference there was a value of 58.1%

No bottom in sight: the largest drawdown of Tesla shares

Dear clients,

Shares of Tesla Inc. trading at the lowest levels on at least one measure, the tech giant is facing a slew of challenges, from falling demand in China to investor worries about priorities of the CEO, Elon Musk.

The stock is now trading at its lowest level since the IPO, according to the data. Among the reasons are a drop in demand in China, a cuts of production in Shanghai, and Musk's acquisition of the social network Twitter. Analysts say that if the issues are not resolved, then Tesla shares could fall to $150 before investors are interested again.

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Meet the '23 with 14th! iPhone 14 Plus raffle from FreshForex

The New Year is right on our doorsteps, and with it the festive mood, the holiday atmosphere that fills everything around. And to make this time even more special, we have prepared not one nor two gifts: we'll giveaway 200 iPhones of the 14th model!

Entering the raffle is extremely easy, in the period from 22.12.2022 to 19.01.2023:

1. Make a deposit from $202;

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3. Share the draw on your social networks.

In addition, a prize pool of $1,000 will be shared among the 10 participants with the most likes under the repost.

Winners will be randomly selected by January 23rd and will receive a notification to clarify the details*.

Participate, trade, share and may the New Year's miracle smiles upon you.

*If it is impossible to send the prize to the Client's address, or at the written request of the Client, the Company reserves the right to credit the face value of the gift to the Client's trading account in US dollars.

One-two-three: 123% drawdown bonus!

Dear clients,

Due to the upcoming celebrations, FreshForex has a special holiday offer for you. Until January 20, make a deposit from $101 and get a 123% drawdown bonus to your account.

Support your account during a drawdown or increase your trading volume and let this year end with a profit, and the next one begin with it!

We wish you a Merry Christmas and a Happy New Year!

Market's Number One

Dear clients,

Tesla has overtaken Apple as the most popular stock among retail investors in 2022, according to research firm Vanda. A large decline in the price of the electric car maker led to a surge in acquisitions.

Cumulative net retail purchases of Tesla shares are up 424% to $15.41 billion this year from $2.94 billion in 2021. That's higher than Apple's $15.21 billion, up 18% from $12.85 billion in 2021.

Tesla continues to maintain a fairly broad reach, with shares accounting for about 11% of the average retail portfolio. Investment in Tesla dwindled when the company did a 3-for-1 stock split in August, but it has since outperformed the iPhone maker.

Elon Musk's actions as CEO of Twitter damaged the stock quite a bit. Tesla shares are approaching a 60% drop in 2022 with their worst performance since their 2010 listing. YTD losses outpace the S&P 500's 18% and Nasdaq 100's 31% decline. In turn, Apple shares lost 23% in a year.

According to experts, the situation may change after Musk transfers leadership of the social network and refocuses on the company.

In general, Tesla, Apple and other tech giants have suffered this year due to a sharp rise in borrowing costs. The Fed continues to raise interest rates and investors worry about a looming recession.

Back to the Future. Tesla shares at the level of 2020

Dear clients,

Decline in Tesla Inc. accelerated on Tuesday, continuing their longest black streak since 2018. The announcement of a possible temporary shutdown of production in China due to new outbreaks of the disease raised doubts about the risks of demand.

Shares of Elon Musk's company tumbled down 11% to $109.10, the seventh consecutive drop and the sharpest one-day drop since April.

The news of the Shanghai production cuts comes on the heels of a report that Tesla is offering American consumers a $7,500 discount to ship two of its highest-volume models before the end of the year, adding to fears of declining demand. For Tesla, whose value depends on its growth prospects, these concerns represent a significant risk.

The hope that Tesla will become a leading company in an EV-dominated future led to an impressive eightfold rally in the stock in 2020, earning its place in the S&P 500 and at one point making it the fifth most valuable stock of the group.

In this year however, the manufacturer lost about $720 billion in shareholder value. The crash is one of the biggest drivers behind the S&P 500's decline in 2022 after Amazon.com Inc., Microsoft Corp. and Apple Inc.

However, the overall analyst stance on Tesla remains bullish, with the highest share of buy or equivalent ratings since early 2015. In their opinion, despite stock performance, Tesla's innovation curve is accelerating, in stark contrast to other big tech companies whose product updates seem stagnant at best.

A Rough Year

Dear clients,

Asian equities rallied while European and US stock futures fluctuated on the final trading day of a rough year for financial markets, with stocks and bonds posting their worst annual gains in more than a decade.

Stock benchmarks in Japan, Australia and China strengthened as S&P 500 contracts faltered, shading the best day this month for the index on Thursday, when it jumped 1.7%. The dollar rebounded from the previous session's decline, with Treasury yields rising and the yen rising as the Bank of Japan announced a third day of unplanned bond buying.

Uncertain direction is undermining hopes for a strong rally in late 2022, a year in which inflation has reasserted itself, wiping out a fifth of global equities in the worst performance since the financial crisis. Few regions have escaped the effects of Asian equities falling more than 19% this year. Bonds lost 16% in value, the biggest drop for a single leading measure since at least 1990, as central banks sought to slow consumer price growth by raising interest rates around the world.

Nasdaq 100 futures also fell sharply after the benchmark index jumped 2.5% on Thursday. The index has lost a third of its value this year as tech stocks have been among the most vulnerable to rising rates.

Concerns about the global implications of a rise in Covid-19 cases in China eased in part when Italy said it had found no new strains of the virus in recent arrivals from China. Italy and the US this week introduced testing requirements for air passengers arriving from China as a wave of infection swept through the world's most populous country.

At the same time, oil rose after a three-day decline due to concerns about increased inventories of raw materials and a possible decrease in demand from China, as a major importer.

Analysts are cautious about predictions, waiting for the next year to begin. Central banks fight against inflation and the resumption of trade in China are among the main benchmarks.

Weekly Outlook: Natural Gas, Brent Oil

Dear clients,

Entering midwinter with gas prices at a 2-year low, whie oil is keeping steady growth. This week we'll be looking at these instruments, their positions now and further down the line.

Join us on January 18 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

Trading Signals: Bank of Japan Decision on Interest Rates

Dear clients,

January 18 is expected to announce the interest rate of the Monetary Policy Committee of the Bank of Japan on short-term interest rates. The decision to set interest rates depends mainly on the outlook for growth and inflation.

What is the expected result, our expert says:

The Japanese Central Bank will keep the interest rate at the current level, but may signal to traders about the need to increase rates in the future due to rising inflation, which will lead to the strengthening of the Japanese yen against most competitors. On Wednesday, consider selling AUDJPY, GBPJPY, EURJPY positions.

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Short month for long positions

Dear clients,

The last month of winter, although the smallest, can be the most profitable for you. Many key currencies are entering a transitional period, the opportunity like this should not be missed, and therefore we have prepared an excellent offer for you. For the whole February, make a deposit of any amount and trade USD currency pairs without swaps.

Terms of promotion:

1. The promotion is valid from February 1 to February 28, 2023.

2. When trading EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD, USDCHF, the Company does not deduct Swap and Swap Free commissions for a rollover of opened positions through the night. The instruments' specification can be found here.

3. Promotion is available for any type of trading accounts.

4. The company reserves the right to change promotion terms and promotion period.

A Simple Secret to Successful Sales

Dear clients,

When people hear of trading secrets, they usually think of complex patterns,charts and theories. But in reality, those can be simple things, yet just as effective. This time we'll be looking at some secrets of a news trading.

Join us on February 1 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

If you missed the previous webinars, you can always find them here.

Trading signals: US Federal Reserve meeting

Dear clients,

On February 1, a meeting of the US Federal Reserve System, the body that performs the functions of the Central Bank of America, will take place. The decision on the interest rate will determine the further movement of the market, which draw attention of traders.

How the situation with rates is developing right now, we will find out from our expert:

The Fed may raise rates by 0.25% and signal to the market that inflation is starting to decline, which will allow in the coming months to stop raising interest rates. On Wednesday, consider buying EURUSD, AUDUSD, XAUUSD, #SP500.

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Hot Winter Spread Sale!

Dear clients,

The resumption of trade with China after a long quarantine is without exaggeration called the most important event of the year in the oil market. The imbalance of supply and demand, together with the revision of oil policy by key countries, is actively provoking a wave of volatility.

Do you want to conquer this wave? We will help you with that!

From February 15 to February 28, all Classic account holders will receive a 66% discount on the fixed spread on the #BRENT and #WTI oil contracts. The spread is reduced by 3 times  — this is a profit of $160 per lot in each trade.

Weekly Outlook: Bitcoin, Ethereum

Dear clients,

Bearish trend is slowing down, so the crypto market should be able to breathe easier. However, there are other things at play. This time, we'll be looking at Bitcoin and Etherium.

Join us on February 15 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

Trading Signals: U.S. Crude Oil Stocks

Dear clients,

February 15 will be announced data on crude oil reserves from the US Department of Energy. Crude Oil Inventories The Energy Information Agency (EIA) estimates the weekly increase in barrels of commercial oil held by US firms. Inventory levels affect the price of petroleum products, which in turn affect inflation and other economic forces.

What data is expected this time, we will find out from our expert:

The American Petroleum Institute reported an increase in black gold reserves in US storage facilities by 10.5 million barrels, which is negative for oil prices. The US Department of Energy plans to deliver 26 million barrels of oil from the strategic reserve to the domestic market in the spring, which will put additional pressure on prices in the coming months. Today consider selling #WTI, #BRENT, #Exxon.

Two hikes and no cuts: the experts' opinion on interest rates

Dear clients,

The US Federal Reserve will raise interest rates at least twice in the coming months, with the risk of further hikes, according to most economists in the Reuters poll.

Thus most private sector forecasters are in agreement with central bank' own forecasts and rhetoric, leaving financial market traders only to hope that rates start to fall later this year.

With much stronger-than-expected US employment data earlier this month, Fed policymakers, including the Chairman Jerome Powell, have reiterated a higher-for-longer mantra that market traders have been wrestling with for months.

As inflation still more than doubling the Fed's 2.0% target, 46 of the 86 surveyed economists predicted the US central bank would go for two more 25 basis point increases, not only in March, but also in and May.

That would mean a peak of 5.00-5.25%, 25 basis points higher than most had forecast since November. All 37 people who answered an extra question said the bigger risk was that the federal funds rate could rise even higher.

There was no clear consensus on the Fed's discount rate by the end of 2023. But more than two-thirds of respondents in the latest poll do not expect a cut this year, as inflation is expected to remain above target until at least 2024.

When asked what is more likely to result in a rate cut, 21 economists named a significant reduction in inflation, and 14 saying a significant increase in unemployment.

Get ready for NFP

Dear clients,

Non-farm Payroll is borderline most important trading point of a month. And you really want to be prepared for it. This time, we'll be looking at a simple, but fruitful strategy to use in NFP trading.

Join us on March 1 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

The First Day of Spring Profit: 202% drawdown bonus

Spring is just around the corner and with it comes new trading opportunities. Whether you decide to go uncharted paths or stay on the old beaten road, the main thing is confidence. And to give you double the calm, we double the drawdown bonus!

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A New Challenger. Meta enters the AI race

Meta Platforms Inc has announced last Friday it is releasing a large language model, the core software of a new AI system, to researchers, fueling the AI race as big tech companies rush to integrate the technology into their products and impress investors.

The battle for AI dominance began late last year with the launch of Microsoft-backed OpenAI ChatGPT and prompted tech heavyweights from Alphabet Inc to China's Baidu Inc to pitch in with their solutions.

LLaMA, short for Large Language Model Meta AI, will be made available under a non-commercial license to researchers and organizations associated with government, civil society and academia, according to a promo blog.

The model, which Meta says requires "much less" processing power than other alternatives, is trained in 20 languages, with a focus on Latin and Cyrillic languages.

AI has reinvigorated investments into the tech industry, whose slowdown has led to mass layoffs and cuts to experimental bets.

Meta claims that LLaMA outperforms competitors who explore more parameters or variables taken into account by the algorithm. In particular, the LLaMA version with 13 billion parameters could outperform GPT-3, the recent predecessor to the model on which ChatGPT is built.

Up to Day: Intraday strategy for beginners

Dear clients,

Simple is the best, as people tend to say. Indeed, you don't need to play 5D chess with the market to make a profit. This time, we'll be looking at another solid stategy, useful for beginners.

Join us on March 22 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

ETFs, the new instruments for profitable trading

Good news, we have added a new group of instruments — ETF contracts!

Every investor knows the principle of asset diversification. Spreading your capital across different instruments is a direct way to reduce investment risk. Even if the yield on one instrument falls, this does not lead to a complete collapse. However, building a large portfolio and even more so controlling it is a rather difficult task. This is where ETFs come to the rescue.

An Exchange Traded Fund, or ETF, is an exchange-traded investment fund, which can include stocks, bonds of many companies at once, as well as gold, oil, real estate and other valuable property. The fund buys a large, diversified portfolio of assets and then sells it piecemeal. To do this, the fund issues its own shares. That is, by purchasing one ETF share, a trader invests money in several attractive instruments at once. This option is well suited for novice investors who are not yet familiar with the market and\or do not have the funds to make their own portfolio:

#GLD, SPDR Gold Trust is part of the SPDR family of exchange-traded funds managed and marketed by State Street Global Advisors. For several years, the fund was the second largest exchange-traded fund in the world, and for a short time, the largest. Aims to match the return of the fund to the dynamics of the LBMA Gold Price PM index, minus expenses and fees.

#VOO, Vanguard S&P500 is part of the Vanguard Group, the largest provider of mutual funds and the second largest provider of exchange-traded funds. The fund's investment strategy is to follow the S&P 500 index, which includes the top 500 US companies. Therefore, this fund has a high degree of diversification within the US economy.

#IWM, iShares Russell 2000 is a set of exchange-traded funds managed by BlackRock, which acquired the brand and business from Barclays in 2009. iShares Russell 2000 aims to track the investment performance of an index comprised of small-cap US stocks. Most of the fund's assets are invested in shares of financial services, energy and healthcare companies.

#QQQ, Invesco QQQ (Power Shares Trust, Series) is an American boutique investment management firm that manages a family of exchange-traded funds. The company is part of Invesco, which has been selling the PowerShares product since 2006. PowerShares covers and simulates many market indices; for example, PowerShares QQQ (Nasdaq: QQQ) is designed to reproduce the NASDAQ-100 index. ETF is popular among stock players and is one of the most liquid stock market instruments.

#VEA, Vanguard FTSE DM is another Vanguard Group product aimed at tracking the investment performance of the FTSE Developed All Cap ex US index. This index includes about 1385 ordinary shares of companies from the developed markets of Europe, Australia, Asia, the Far East, with the exception of companies from the USA.

#SCHD, Schwab US Dividend equity — Charles Schwab Corporation is one of the largest US banking companies and one of the largest brokerage companies in the United States. The goal of the fund is to track as closely as possible, before commissions and expenses, the overall return of the Dow Jones U.S. Dividend 100. This index includes common stocks of the 100 largest US companies, with consistently high dividend yields and fundamentally strong financial performance. The fund invests at least 90% of its assets in stocks and companies included in the index.

The #USO, United States Oil Fund aims to match share price performance with USO's Benchmark Oil Futures Contract index net of costs and fees.

Detailed trading conditions can be found in the CFD Specifications.

We'd also like to remind you about newcomers in the current line of metals; our traders have already tested their strength, XAUGBP is especially popular — the most profitable deal on it was $1698. Why not update the record?

Discover brand new ways to make a profit!
Ahead of the plan: Gold passes the $2,000 threshold

In volatile trading on Monday, gold prices initially fell 1% but reversed course and jumped to their highest level since March 2022 at $2009,59 as investors pondered the impact of measures taken by several central banks to contain the banking crisis and stabilize global markets. financial markets.

Gold prices slipped on Tuesday ahead of the Federal Reserve's policy meeting as expectations rise that the US central bank will slow down its monetary tightening given the turmoil in the banking sector.

A pause in rate hikes could bring gold back above $2000, experts say, but it will need a lower dot chart and a dovish press conference for it to hold those gains. Despite the fact that banking regulators are rushing to strengthen market confidence, the uncertain macroeconomic environment continues to encourage purchases in gold.

Gold is considered a safe asset in times of financial uncertainty, and lower interest rates make unprofitable bars more attractive by lowering the opportunity cost of holding them.

In December last year, Bank of America analysts already predicted a rise in gold prices above $2,000, but the calculation was made for the second half of 2023.

Weekly Outlook: Gold, Silver, Natural Gas

Dear clients,

With banks falling, fuel prices soaring and inflation roaring, the markets are going full Pinball. The only safe haven so far would be precious metals. This time, we'll be looking at gold, silver and gas, current and future movements.

Join us on April 5 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

Again with the Charts: FreshForex Forecast Contest

Dear clients,

The contest is back!

Do you have specific data, are confident in your numbers, or just want to test yourself?

From April 5 to 30, join traders on FB and test your trading instincts. The reward will be a prize of $50 to the account.

Forecasts of the first stage are accepted until April 7, 12:00 GMT.

Follow the details of the stages on our official page.

Oil Shock and Awe

Dear clients,

The unexpected OPEC+ production cut on Sunday changed the oil price outlook, bringing $100 a barrel back into view.

Saudi Arabia has taken the first step by pledging to cut its supplies by 500,000 barrels a day. Other members, including Kuwait, the United Arab Emirates and Algeria, followed suit, while Russia said the production cuts it implemented from March to June would last until the end of 2023.

This is a significant decline for a market where, despite recent price fluctuations, supply was limited in the second half of the year. Oil futures rose 8% in New York on Monday, while gasoline also ramped up, adding to inflationary pressures that could force central banks around the world to keep interest rates higher for longer.

Traders were taken by surprise by the move, given that just weeks ago, senior Saudi oil official Prince Abdulaziz bin Salman insisted that OPEC+'s 2022 production quotas "are in place until the end of the year, period."

Previously, the cartel's own data suggested that the group would have to produce more oil in the second half of the year, not less. With the International Energy Agency expecting a surge in demand later this year, the risk of a new inflationary momentum for the global economy has now re-emerged.

After the decision was made, leading oil analysts started talking about oil at $100, some expect that the global balance of supply and demand will be in deficit earlier than expected. This view is reflected in Brent's increasing backwardation, with the premium for on-time deliveries rising over later deliveries, signaling tension. This view is reflected in Brent's increased backwardation, with the premium for on-time deliveries rising over later deliveries, signaling tension.

Options markets are now showing a bullish shift in sentiment. According to ICE Futures Europe, the most popular option on Brent crude over the next 12 months allows the holder to buy futures at $100, equivalent to nearly 140 million barrels of open interest.

The candle is lit! A profitable pin bar strategy

Dear clients,

The beauty of a pin bar is how simple yet useful it is, always ready to reveal more. This time, we're going back to pin bar strategies.

Join us on April 19 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.
Trading Signals: U.S. Crude Oil Stocks

April 19 will be announced data on crude oil reserves from the US Department of Energy. Crude oil reserves of Energy Information Agency (EIA) are estimated by the weekly increase in barrels of commercial oil held by US firms. Reserve levels affect the price of petroleum products, which in turn affect inflation and other economic forces.

What data is expected this time, we will find out from our expert:

The American Petroleum Institute reported a reduction in black gold reserves in US storage facilities by 2.6 million barrels, which is favorable for rising oil prices. The oil market enters the "high season", when the consumption of petroleum products increases every week. Today consider buying #WTI, #BRENT, #Exxon.
All according to Plan

Oil prices edged up on Tuesday after falling 2% in the previous session, as stronger economic data from the world's biggest crude oil importer, China, supported the demand outlook.

Brent rose 34 cents to $85.10 a barrel at 06:18 GMT, while West Texas Intermediate got 29 cents to $81.12 a barrel.

Official data showed that China's economy grew faster than expected in the first quarter, expanding 4.5% year-on-year as policymakers seek to maintain growth after the end of tough lockdown restrictions in December.

A notable recovery in the Chinese economy has supported the recent rebound in oil prices, analysts said. In addition, May is the seasonal peak travel period in China and fuel demand is expected to increase very strongly year on year.

The International Energy Agency (IEA) predicts that China will account for most of the growth in crude oil demand in 2023.

However, the agency also warned that production cuts announced by OPEC+ producers could exacerbate the supply shortfall expected in the second half of the year and could hurt consumers and slow down the global economic recovery.

Oil prices also remain under pressure from a stronger dollar and rising Treasury yields, analysts at National Australia said in a client note.

The US dollar is strengthening along with rising interest rates, and traders are betting that the US Federal Reserve will raise the lending rate again in May, which could dampen hopes of an economic turnaround.

YELLOW SIGNAL

Why does gold continue to gain popularity?Dear clients,

Now is the best time to invest in gold, at least according to Bank of America. The dollar kept rising after the data on inflation, but is moving towards a monthly decline. Precious metals consolidated last month on "growth fears that led to higher expectations for a U.S. rate cut, lower bond yields and continued banking sector concerns," analysts said.

A weaker dollar makes bullion cheaper for foreign buyers. Due to the banking crisis and the threat of a recession, the precious metal is regarded as a reliable defensive asset.

Interest in gold is also actively shown by central banks, only last year demand grew by 20%. In fact, they account for a record 33% of monthly global demand and are buying more gold than at any time since data collection began in 1950.

The buying spree helped lift the price of gold to near-record levels and more than 50% higher than models based on real interest rates suggest. Experts see this as an attempt to get away from the dollar as the dominant currency.

The difficult macroeconomic environment makes gold one of the most reliable investments, and with a drawdown bonus 101%, it is also the most profitable.

GREEN HARVEST

Dear clients,

Apple Inc's results beat expectations on Thursday, demonstrating the tech giant's resilience amid the global economic slowdown, thanks to stronger-than-expected iPhone sales and notable gains in India and other emerging markets.

Shares of the largest US company by market value rose 2% after Apple beat Wall Street's earnings and profit expectations for the quarter on April 1st. The company's results contrast with disappointing performance from major chip makers due to a slower-than-expected recovery in China's economic growth.

Apple executives on Thursday said gross profit for the current quarter will be better than forecast, despite an expected drop in revenue due to the resolution of supply chain problems.

Apple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, beating expectations for a 4.4% decline, according to data from Refinitiv. Earnings remained unchanged at $1.52 per share, compared to $1.43 per share forecast.

iPhone sales rose 1.5% to $51.3 billion, beating expectations for a 3.3% fall, even as consumers and businesses cut spending due to rising inflation. Analysts expect growth of 2.1% to $84.7 billion in the third financial quarter, which ends in June.

Apple shares outperformed most Wall Street stocks in 2023, up 28% year-to-date. Investors view the company as a protective measure during a period of economic uncertainty.

Apple raised its dividend to 24 cents per share from 23 cents a year ago. The Board authorized a $90 billion share buyback program, just as it did a year ago.

Investors are still waiting for the company's next big product. Bloomberg reported that the iPhone maker could unveil a mixed reality headset as early as next month when it holds its annual Software Developers Conference. The company recently announced new services such as a high yield savings account.

TRADING SIGNALS: THE BANK OF ENGLAND'S INTEREST RATE DECISION

Dear clients,

On May 11 the Bank of England, the key financial authority of Great Britain, will make a decision on the interest rate, which is among the most important events affecting the pound sterling quotation.

Our expert comments on how the situation with the rates develops:

The Bank of England may raise the rate by 0.25% and signal to the market the need for further interest rate hikes at the summer meetings due to high inflation in the United Kingdom economy. On Thursday consider buying GBPJPY, GBPUSD, GBPCHF.

On any twists and turns, confidently keep your balance with a drawdown bonus 101%!