SEIZE THE MOMENT: US INDEXES ARE RISING IN PRICE, AND GAS IS GETTING CHEAPER
On Wednesday at New York Stock Exchange American stock indexes Dow Jones and S&P completed trading by good results, upped a few points. Traders wait for their further growth: the USA and China can announce the trading agreement any minute.
There is good news on the fuel market too: in connection with the overproduction of gas at the expense of the USA, Qatar, and Russia, the natural gas is getting cheaper. Seize the opportunity and earn from it, because we canceled fuel swaps until the end of December!
U.K. ELECTIONS TODAY. DON'T BE AFRAID TO TRADE!
On December 12, early parliamentary elections in the UK will be held.
The event will cause sharp volatility in currency pairs with the pound (GBP), as well as indexes and stocks of British companies. It's possible that high volatility will last not only on election day, but also for several days after the elections.
Parliamentary elections give an opportunity to influence the Brexit and determine the economic course of the U.K. According to surveys, the Conservative Party of Prime Minister Johnson will not receive a majority of the vote.
While other brokers are in a hurry to change trading conditions, we leave them unchanged: this way our traders will be able to take maximum results from the volatile market.
A little reminder: with Drawdown Bonus 101% you increase your deposit amount and manage a larger trading amount. Don't miss the opportunity that market gives you: fund your account, get a bonus and trade in profit!
TRADING FORECAST: HOW ECB DECISION WILL INFLUENCE EURO AND STOCK MARKETS?
On Thursday, December 12 the ECB Interest Rate Decision is to be released. The main Bank goal it to support national currency and stimulate economic growth. This event makes a direct impact on the global financial markets and, therefore, the national currency rate.
Here comes a trading forecast from FreshForex analysts:
The ECB will announce that it will keep interest rates low for a long time, as inflation in the Eurozone is low, which threatens the Eurozone economy. This is negative for the euro and positive for stock markets. On Thursday consider buying # DAX30, # CAC40 and selling EURUSD, EURGBP.
Read detailed market analytics in Fresh-forecasts!
OIL CONTINUES TO AMAZE
The oil is one of the hot topics for discussion in the financial market. OPEC agreed to reduce the production of black gold by 0.5 million barrels per day until March 31, 2020. This is a significant amount, which will lead to a shortage of oil in the market.
Against the background of this event, oil rose by 4.7% and is trading at a 10-week high, and the uptrend continues to gain momentum!
Catch a wave of profit with important economic events.
NEW METHOD TO DEPOSIT — VT FINANCE
Fast account funding is the first step to successful trading on financial markets.
We offer a new method of depositing and withdrawal for Vietnamese clients — VT Finance. Choose any of 33 Vietnamese banks and make payments in Dongs.
Minimum deposit amount is 100 000 VND, maximum deposit amount is 300 000 000 VND.
Minimun withdrawal amount is 300 000 VND, maximum withdrawal amount is 300 000 000 VND.
This method is available for all FreshForex clients from Vietnam. Conversion of funds into account currency is executed at internal exchange rates of the company.
Please note that the VT Finance method is available only on the Vietnamese version of the site.