Forex Spread Betting In The Financial Markets Explained

“The other side of that is that people are clearly http://www.etftradingsignals.com using it to wind up the speculative trade we saw last year.” The yuan recovered some ground in early European trade but still lost 0.87 percent for the week, its biggest weekly loss on record. It weakened briefly to as low 6.1808 per dollar, 0.8 percent below Thursday’s close, before recovering to 6.1431 and is now down 1.4 percent in the past 10 days. That may sound like a modest turnaround, but represents a sea change in one of the past decade’s most reliable trades – a steadily stronger yuan against the dollar – and comes at a time of investor nervousness over Chinese growth. “The move over the past week has caught a lot of people by surprise and that has injected a lot of volatility into the market,” said Mellor. “I think Chinese authorities are not just aiming to widen the band on the yuan with this move, I think they are also as concerned about growth and the aim here is to put a stop to the steady appreciation we have seen in recent years.” The other big mover in early European trade was the Swedish crown, which rose sharply against the euro and the dollar after the economy expanded three times faster than expected in the fourth quarter.
Source: http://www.reuters.com/article/2014/02/28/markets-forex-idUSL6N0LX1FF20140228

Regulator Firm to Pay $16.7 Million to Settle Allegations of Withholding Profits From Clients By Biography Updated Feb. 26, 2014 4:28 p.m. ET LONDONForeign-exchange trading firm FXCM Inc. agreed to pay fines and refunds totaling almost 10 million ($16.7 million) to settle allegations by a U.K. financial regulator that the company withheld profits from clients and failed to inform British authorities that it was under investigation in the U.S. The Financial Conduct Authority said that U.K.
Source: http://online.wsj.com/news/articles/SB10001424052702304255604579406640141660638

One-third of economists polled by Reuters have pencilled in a cut in the ECB’s refinancing rate from the current 0.25 percent at its March 6 meeting. The kiwi dollar rose 0.2 percent on the day to $0.8389. Earlier, it touched a peak of $0.8415, its highest level since mid-January. One possible resistance level lies at $0.8433, a peak hit on Jan.
Source: http://www.reuters.com/article/2014/02/28/markets-forex-idUSL3N0LX0C720140228

This suggests it is premature to enter short for now. On the other hand, a long position would require taking as given the still baseless assumption that support will hold. On balance, we will opt not to force the issue and wait for greater clarify before taking a trade. Confirm your chart-based trade setups with the Technical Analyzer . New to FX? Start Here !
Source: http://finance.yahoo.com/news/forex-usd-jpy-technical-analysis-090200824.html

For example, traders arenot liable for taxation on financial gains from spread betting. Furthermore, stamp dutyis notincurred, making Forex spread betting aninvestment opportunity with a number of advantages over direct ownership of underlying assets. Additionally, traders have full control over the entry/exit levels by way of profit targets and stop losses. In other words, traders can easily close a position once a profit has been generated or alternatively close out a position once losses have reached a certain level. The volatility of the markets especially the foreign currency markets necessitates greater levels of trader involvement during every stage of the process.
Source: http://invezz.com/contributed/forex/9241-Forex-Spread-Betting-in-the-Financial-Markets-Explained

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Obama Takes Another Step Toward Reducing Actions Blamed For Global Warming

The billionaire Koch brothers and other mega-donors are expected to spend hundreds of millions of dollars this year to shape the midterm outcome, and Republicans enjoy a healthy majority of the super-rich. The Koch-backed Americans for Prosperity has already spent millions targeting vulnerable Democrats. Compounding some Democrats frustration, Obama http://www.obamastudentloanforgiveness.net has also been raising money for Organizing for America, his former campaign apparatus that now functions as something of a shadow DNC. When you create your own DNC with OFA, theres a reason the actual DNC is in debt, said one party operative. Theres probably nothing that Obama could do in these midterm elections to match the conservative billionaires advantage.
Source: http://www.washingtonpost.com/opinions/dana-milbank-obama-can-help-democrats-all-the-way-to-the-bank/2014/02/18/5b44dfa6-98d9-11e3-80ac-63a8ba7f7942_story.html

“I’m against fast track,” Reid says flatly. “Everyone would be well advised just to not push this right now.” White House press secretary Jay Carney said Tuesday that, “We’re going to continue to press for this priority, as we have in the past. Mindful, of course, and recognizing that there are differing views on these issues in both parties, not just the Democratic Party.” The top House Democrat, Nancy Pelosi, also opposes fast track President Bill Clinton, a Democrat, used the powers to speed congressional approval of the North American Free Trade Agreement (NAFTA) with the United States, Mexico and Canada in 1993. The landmark pact had been negotiated under his predecessor, President George H.W. Bush.
Source: http://news.yahoo.com/obama-fellow-dems-odds-big-trade-bills-184647485–finance.html?pt=tAD1SCT8P7/

Progress on the Keystone XL oil-sands pipeline, immigration reform and a major new Asian trade pact will be high on the agenda when Obama attends the one-day North American leaders meeting in Toluca, Mexico. But Obama has faced resistance from congressional Democrats in his push for trade promotion authority , also known as fast track, which would make it easier for the administration to negotiate trade deals without Congress amending them. Last week, Vice President Biden appeared to acknowledge that the administrations push for fast-track trade powers was unlikely to move forward, even as he made the case for the TPP and a separate European trade agreement to Senate Democrats. Senate Majority Leader Harry M. Reid (D-Nev.) has said he will not bring a fast-track bill to the floor. Without that power, Obamas push for approval of the TPP, which he hoped to complete last year, could be delayed significantly.
Source: http://www.washingtonpost.com/politics/as-obama-heads-to-meeting-with-canada-and-mexico-several-agenda-items-are-stalled/2014/02/18/4ca569ce-98bc-11e3-b931-0204122c514b_story.html

Obama seeks new fuel efficiency rules to cut truck pollution

Obama said in California’s drought zone on Friday that a warming planet is intensifying the severity of droughts and other weather events. “Unless and until we do more to combat carbon pollution that causes climate change, this trend is going to get worse,” he said. Obama will also renew his appeal for Congress to end $4 billion a year in subsidies to the oil and gas industry and urge lawmakers to establish a $2 billion “energy security trust” to support development of advanced vehicles that run on electricity, homegrown biofuels, hydrogen, and domestically produced natural gas. The $2 billion in spending would be drawn from revenues generated by federal oil and gas development. (Editing by Paul Tait) Also on HuffPost: Loading Slideshow A Bumpier Ride? Researchers in Britain have found that climate change could cause increased turbulence for transatlantic flights by between 10 and 40 percent by 2050.
Source: http://www.huffingtonpost.com/2014/02/18/obama-fuel-standards_n_4807138.html

18, 2014 7:42 p.m. ET President Barack Obama on Tuesday ordered his administration to develop and implement new fuel-efficiency standards for medium and heavy-duty commercial trucks by March 2016. Environmental groups and a trucking industry alliance including large fleet operators FedEx Corp. and Con-way Inc. came out in favor of the order while a representative of smaller operators expressed worries that coming regulations would raise prices on future…
Source: http://online.wsj.com/news/articles/SB10001424052702303945704579391134023266444

Those rules applied only to truck models for the years 2014 through 2018. The next round of regulations will set standards for models beyond 2018. Heavy-duty trucks are the second-largest source of greenhouse gas emissions on the road, behind passenger cars, the White House said. The 2011 regulations are projected to save 530 million barrels of oil and reduce emissions by about 270 million metric tons, according to the White House, which estimates savings of $50 billion in reduced fuel costs over the lifetimes of the vehicles covered. The White House said the administration would work closely with the California regulators to ensure the new rules align with regulations drafted by the state’s Air Resources Board.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-obama-trucks-fuel-efficiency-20140218,0,7707686.story

Stock Market Outlook 2014: Is The Rally Over?

Interim budget key for stock markets in near-term: experts

Get the Macro View newsletter Stock Market Outlook 2014: Is The Rally Over? Feb. 14, 2014 10:27 AM ET | Includes: SPY by: Andrew Dickow 2013 has come to an end and what a year it was. With that said, what an unpredictable year 2014 is shaping up to be as well.
Source: http://seekingalpha.com/article/2022021-stock-market-outlook-2014-is-the-rally-over

Futures markets earlier today pointed to declines in financial markets for reasons that… Read More Futures markets earlier today pointed to declines in financial markets for reasons that were all about telling a story. Close Close Open Source: Bloomberg. Futures markets earlier today pointed to declines in financial markets for reasons that were all about telling a story. After a string of up days, most markets were showing red earlier today.
Source: http://www.bloomberg.com/news/2014-02-13/stock-market-stories-lead-us-astray.html

Chicago Fed Sees Risk From High-Speed Trading in Stock Market

Experts said on the macro front, market participants will closely watch the FY’15 fiscal deficit target, which will determine the size of market borrowing for the next fiscal. “Overall, the near-term trend is showing sell on rallies, and till Nifty closes decisively above 6,100, investors may book profit in rallies. In coming week, 6,100 shall be crucial deciding level in near-term, and the index is likely to witness further buying above this level,” said Rakesh Goyal, senior vice president of Bonanza Portfolio Ltd. Over the last week, the Sensex lost 9.74 points – the third straight weekly drop. Persistent capital outflows from foreign funds mainly affected the market sentiment.
Source: http://profit.ndtv.com/news/market/article-interim-budget-key-for-stock-markets-in-near-term-experts-380757

Oddly, Stock Market Returns And GDP Per Capita Are Inversely Correlated

Jeff Sprecher, whose IntercontinentalExchange Group Inc. bought the New York Stock Exchange in November, this week called for a revamp in fee structures to simplify trading. Microsecond Trading High-speed firms that measure their trading in microseconds, or millionths of a second, or less have largely supplanted people as market makers during the past decade. This has alleviated institutional investors concerns that humans were front-running their orders, according to Clark.
Source: <a http://www.todayhotstocks.com/ href=’http://www.bloomberg.com/news/2014-02-14/chicago-fed-sees-risk-from-high-speed-trading-in-stock-market.html&#8217; >http://www.bloomberg.com/news/2014-02-14/chicago-fed-sees-risk-from-high-speed-trading-in-stock-market.html

Stock Market Stories Lead Us Astray

There is extensive evidence that investors bid up the prices of growth assets, to the point that their long-run return is below the performance of distressed assets (sometimes referred to as value investments). Some observers regard this as mispricing, and contend that it offers opportunities for arbitrageurs. The strategy would be to buy equities in distressed markets and to short-sell securities in fast-growing markets. However, short-selling can be costly and risky, thereby allowing ‘hot’ markets to remain overpriced, and to yield disappointing long-run returns. Last, there is the question of luck.
Source: http://finance.yahoo.com/news/oddly-stock-market-returns-gdp-203439790.html

Forex – Dollar Slips Lower Against Yen

FOREX: Potential Short Set-up in USD/CAD Support: 1.10, 1.09, 1.07-1.0550 Resistance: 1.1080-1.11, 1.12-1.1250, 1.15 Furthermore, a key downside level to watch in USD/CAD is the 38.2% retracement from the lows in September 2013 to the recent highs above 1.12, which comes in at 1.0825. From there, we have earlier highs around 1.07 and the broad range (horizontal) between 1.08 and 1.0550. In fact, that 1.055 area is also the 61.8% retracement for the whole uptrend since September. A break and hold below this level would be critical for USD/CAD in the longer-term, as the overall uptrend may then be challenged. To the upside, we have established resistance in the 1.1080-1.11 area, and, of course, theres the recent peak just above 1.12.
Source: http://www.4-traders.com/GOLD-4947/news/FOREX-USDCAD-2-Conditions-that-Favor-the-Short-Side-17937433/

Forex – GBP/USD remains near 2-week highs on BoE report

Previously the center-left PD was to hold a conference next week to discuss its strategy and relationship with the Letta coalition government. The meeting was moved up to tomorrow, but events may be spinning even faster. Renzi has often indicated he wants the Letta government to pass electoral reforms, though has been impatient. Without electoral reform, there is no point in calling a new election. Therefore, if Renzi and Letta cannot reach an agreement, President Napolitano would likely offer Renzi the opportunity to see if he could command a majority in both chambers. The point is that the markets are taking this on with little fanfare.
Source: http://seekingalpha.com/article/2013761-forex-important-developments-but-little-price-action

In her first Congressional testimony since her appointment as Fed Chair, Ms. Yellen told the House Financial Services Committee that the central bank would continue to gradually reduce the pace of its asset purchase program. She also reiterated that Fed plans to hold interest rates at zero ‘well past’ the time the jobless rate falls below 6.5%. Investors were beginning to turn their attention to Thursday’s U.S. retail sales report, amid concerns that sales volumes would be lower in January after a 0.2% gain the previous month.
Source: http://www.moneycontrol.com/news/rupee/forex-dollar-slips-lower-against-yen_1041695.html

Hours after the release, we saw approximately a 100-pip rally in the AUD/USD pair. On February 4th, the Reserve Bank of Australia (RBA) kept its benchmark interest rate, or overnight lending rate, unchanged at 2.5%, in line with expectations. In a monetary policy statement, RBA governor Glenn Stevens expressed concerns on the Uncomfortably High exchange rate. We recently observed some depreciation in the Australian Dollar, which if sustained, would definitely assist economic growth, Stevens said.
Source: http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2014/02/12/Forex-AUD-USD-Rally-Stalls-Pullback-Likely-0009.html

unemployment rate has fallen much faster than the bank anticipated, and will hit the initial 7% threshold “in the spring”. In the six months since forward guidance was implemented the U.K. unemployment rate has fallen to 7.1% from 7.8%. The bank outlined new forward guidance, saying that it will not raise rates which etf to buy now until the spare capacity in the U.K. economy has been fully absorbed, which it does not see happening until 2015. The bank said it would consider a broader range of indicators, including the unemployment rate, wages and productivity and business surveys when deciding to raise rates, and added that when rates rise they will do so only gradually.
Source: http://www.nasdaq.com/article/forex-gbpusd-remains-near-2week-highs-on-boe-report-cm325994