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Wednesday, 19 December 21:39 (GMT -05:00)



Foreign exchange market

Crude Oil Market Keeps On Crashing


Like a week ago, oil prices have dropped by 7% once again. Now traders are afraid of another major downtrend seen in 2014, when crude oil depreciated  by 33% over November and December. International experts say this scenario is extremely probable.
 
According to NordFX experts, Brent oil futures depreciated by $3,77 (-6,6%) and closed at $62,53/b. At the same time, WTI oil futures depreciated by $4,26 (-6,4%) and closed at $53,43/b. Then brent oil dropped down to $61,71/b, which is the lowest price level since December 2017. All in all, Brent and WTI oils have already depreciated by 28% and 30% respectively since October. 
 

Investors Reduce Exposure To Risky Assets

 

Now it seems like the current downtrend is caused by the fact that international investors have been reducing their exposure to risky assets, with crude oil clearly being one of those assets. Experts say investors are trying to get rid of stocks in the first place. This is basically why U.S. stock indexes have dropped 1.7-2.2%. In particular, Dow Jones and S&P are currently 1% below the level seen in early 2018. With that being said, the last 2 months has been a challenging time for the U.S. stock market.
 
Investors are now taking into account a possible interest rate hike coupled with poorer corporate earnings figures. This is one of the consequences of the current trade war between the United States and China. America's biggest tech companies (the so-called FAANG, which stands for Facebook, Apple, Amazon, Netflix, Google) have already seen their stocks drop in value by almost 1 trillion dollars total.
 
So, financial markets seem to be struggling all over the world. For now we know that in October alone, the global stock market lost a stunning 8 trillion dollars. The reason is fears. International players are afraid of another global economic slowdown.
 
Some experts believe that a 8-9% drop in the stock market indicates problems in the global economy. At the same time, the players are adjusting their short-term predictions to lower them.
 
On Tuesday, oil prices reacted to Donald Trump's statement related to the relations between the United States and Saudi Arabia. He gave everyone to understand that Saudi Arabia will remain one of America's partners. This sent oil prices lower. The thing is that previously, international market players used to expect tensions in the bilateral relations between the two states. Those risks pushed the prices higher. Now that the tensions aren't expected anymore, the prices returned back.
 
Still, investors are worried about the future. More and more investors start expressing their concerns about the likelihood of another oil market crash like the one that happened in 2014.
 
As you probably know, 4 years ago the entire market used to get ready for the OPEC's decision to shrink their oil production. Such a step would support oil prices. Back then, after the disappointing OPEC summit, the price dropped by 10%. Over the next 4 week, the market lost 25%. In 2015, the prices dove below $40/b.
 

 

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Christmas Fairy Tale by FortFS

FortFS has been now for its promos and bonuses for years. Christmas and New Year are coming. This means that it's time for new pleasant surprises. With that being said, FortFS wants to congratulate all of its existing and future clients and wishes them Merry Christmas and happy New Year. To celebrate together, FortFS has announced a new promo. It's called "CHRISTMAS FAIRY TALE".

Publication date: 18 December 12:52 PM

Bitcoin Will Decline, Dollar Will Grow, NordFX Predicts

Whether we are aware of this or not, currency exchange rates have been affecting our lives for decades. However, more and more retail traders and investors are now getting increasingly interested in financial markets in general and Forex in particular. or the most part, all of those changes in exchange rates are they key factors determining their financial results at the end of the day.
 
Publication date: 17 December 12:29 PM

Weekly Forex and Crypto Forecast By NordFX. December 10-14, 2018.

The actual value of each and every currency put there is the result of many factors influencing the global market. In their turn, currency exchange rates affect many other processes out there. With that being said, considering a number of opinions expressed by experts can help traders and investors make better decision leading to increased financial performance.
Publication date: 10 December 11:19 AM

NordFX Introduced New Trading Solutions At Traders Fair-2018

Publication date: 09 December 04:56 AM

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Publication date: 03 December 12:17 PM

NordFX Expects Cryptocurrencies and Euro to Go Further Down

The relation between 2 currencies at a certain point of time is the result of the market being simultaneously influenced by a whole lot of various factor of various impact and origin. Currency exchange rates, in their turns, affect man other processes meaningful for the majority of people in all parts of the world.
Publication date: 26 November 01:30 PM

Deposit bonus 120% - FortFS

FortFS is improving the conditions of deposit bonus! The bonus is increased to 120% from 50%: during this limited time you can receive x2,4 of the deposit amount.

Publication date: 25 November 11:39 AM

Iran Circumvents U.S. Sanctions with Cryptocurrencies

FinCEN came up with new recommendations. The document contains interesting points, including the thing that Iran abuses cryptocurrencies, thereby jeopardizing the entire global financial system. In particular, the document claims that Iranian citizens make BTC transactions to the amount of around 4 million dollars, yet those transactions are are claimed to be indented for criminal purposes. At the same time, FinCEN claims that Iran uses digital currencies to circumvent Western sanctions.
Publication date: 22 November 01:02 PM

Dollar Will Rise, Crypt Market Will Stay Flat, NordFX Experts Predict

Contemporary methods of market analysis make it posible to make define the most probable scenarios and to make really accurate predictions, with a really high probability of coming true. Needless to say that such info is priceless for traders and investors seeking to reduce their risks and earn money from financial markets.
Publication date: 19 November 12:23 PM

FortFS Launches Welcome Bonus 75 USD

A forex broker named FortFS has launched anothr promo. Thìs time ], the broker is offering a decent welcome bonus to the amount of 75 dollars. Basically, that's why it's called "Welcome Bonus 75 USD". The promo is going to last until November 23, 2018. This means that you still have quite a lot fo time to make your decision and join one of the best FX brokers out there.

Publication date: 17 November 05:24 AM