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  #271  
Old 04-25-2017, 04:51 AM
AppleFX AppleFX is offline
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Default Re: Economic and company news by ForexMart

April 25, 2017

Asian Stocks Abated Due to High Risks

The appeal of Asian stocks to investors has subsided because of political and economic risks that overshadowed continuous returns over the past 26 years. Asian business has been good in the second half last year up to early this year and is the impetus is slowing down soon

This put the Asian equities for a sell-off as investors have become cautious compared a few months ago. Moreover, political elections in Europe and profit taking in the U.S. bring in corrections that are not good. Another concern is the decline in cyclical upswings in China and the United States which has a big effect on global trading including equities of Emerging market.

Nevertheless, investors do not totally leave despite the high costs of stocks compare to other emerging markets but are still lesser cost than developed markets. The analysts forecasted earnings to rise by 17% this year.
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  #272  
Old 04-25-2017, 04:56 AM
AppleFX AppleFX is offline
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Default Re: Economic and company news by ForexMart

April 25, 2017

Trump Proposes Corporate Tax Cuts by Up to 15%

White House aides have been ordered by President Donald Trump to draft a corporate tax plan which will cut down the corporate tax rate by up to 15% in spite of the fact that this will be translating to significant profit losses. Trump has told his staff at an Oval Office meeting last week that he is looking for a large-scale tax cut which could be sold to American citizens, with the possibility of a federal budget deficit notwithstanding. Trump had also reportedly told his officials to finish it in time in order to release a comprehensive tax plan this coming Wednesday.
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  #273  
Old 04-26-2017, 12:23 AM
AppleFX AppleFX is offline
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Default Re: Economic and company news by ForexMart

GBP/JPY Technical Analysis: April 26, 2017

The British pound against the Japanese yen dropped during Tuesday trading. There is significant support found at 140 level that could reverse the trend and for a massive green candle pattern. The market will try to break the price even higher up to 145 handle. The 140 level could now become the support of the pair. The pair is moving upwards that seems to be in a longer term. The British pound broke its psychological levels and which may last for some time.
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  #274  
Old 04-26-2017, 01:12 AM
AppleFX AppleFX is offline
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Default Re: Economic and company news by ForexMart

EUR/USD Fundamental Analysis: April 26, 2017

A lot of market players have been saying during the start of the week that the EUR/USD pair’s momentum would most probably enable the pair to advance towards 1.0900 and could even reach 1.1000. The currency pair is now trading at just under 1.0950 points, with trade-attributed risks continuing to hound the market as an effect of the very positive news from the eurozone over the weekend.

The results of the French national elections over the weekend showed Emmanuel Macron gaining significant headway against centrist candidate Marine Le Pen, with the opinion polls showing that Macron could possibly eclipse Le Pen further in the second round of the elections this coming May 7. Macron is considered as the more euro-friendly between the two candidates, and a Macron victory would translate to a very positive effect for the euro. On the other hand, we have seen the dollar weakening drastically across the board, and this has prompted several investors to pull out from safer assets and invest instead in the stock market and in the euro. In addition, Trump’s consistent statements with regards to building a wall and renegotiating its trade relations with Canada, and these kinds of statements are usually not well-received by the market and this dissatisfaction is evident by the number of market players who sold off the US dollar.

The EUR was able to clear up its annual highs within the 1.0900 trading range, and as such, the EUR/USD pair is expected to advance further towards 1.1000 points. For today’s session, there are no major releases coming from the EU economy, and the EUR/USD pair is expected to go higher as the day progresses. The euro rate announcement will also be released during tomorrow’s session, and the EUR/USD pair is expected to receive leverage from this particular piece of information.
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  #275  
Old 04-26-2017, 05:41 AM
yourita yourita is offline
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Default Re: Economic and company news by ForexMart

جاء سعر الدولار اليوم ما بين 19.30 و 19.40 للشراء مع توقعات بتحرك الدولار فى السوق السوداء اليوم، وإختلف سعر الدولار خلال الأيام الماضية بشكل كبير وخاصة فى البنوك والتى شهدت إرتفاع لنسق أسعار العملة الأمريكية قابله إرتفاعات طفيفة فى السوق الموازية مع توقعات بإرتفاعات كبيرة مع عودة الإستيراد من جديد
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