GKFX

21/09/2022

Russian President Vladimir Putin on Wednesday announced a partial military mobilization in Russia, putting the country’s people and economy on a wartime footing as Moscow’s invasion of Ukraine continues.
In a rare prerecorded televised announcement, Putin said the West “wants to destroy our country” and claimed the West had tried to “turn Ukraine’s people into cannon fodder,” in comments translated by Reuters, repeating earlier claims in which he has blamed Western nations for starting a proxy war with Russia.
Source: CNBC

https://cnb.cx/3Sky48z

21/09/2022

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21/09/2022

We celebrate International Peace Day with the hope that peace, love and solidarity will prevail all over the world.

20/09/2022

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major & markets. WATCH NOW

Get your forex trading strategy right this week with our weekly webinar. Includes expert technical analysis of the major ...

20/09/2022

The Japanese yen is at 24-year lows. Here’s what to expect at the next BOJ meeting
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to stem the currency’s decline. Ahead of Bank of Japan’s rate decision later this week, CNBC takes a look at whether Japan’s central bank might shift from its ultra-loose monetary policy, as the Federal Reserve maintains its hawkish stance, signaling more aggressive rate hikes to come. The widening rate differential has caused the yen to weaken significantly, with the Japanese currency falling about 25% year-to-date.
Source: CNBC

https://cnb.cx/3eY39k5

19/09/2022

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the US Federal Reserve, the Bank of England, Bank of Canada and Bank of Japan and holidays in the UK and Japan.

Our top 5 things to watch for the week ahead in forex markets are a rate decision from the US Federal Reserve, the Bank of England, Bank of Canada and Bank o...

19/09/2022

Volkswagen targets 75 billion euro valuation in landmark Porsche IPO
Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany's second-largest initial public offering (IPO) in history. Volkswagen will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. At the upper end of the range, first reported by Reuters, it would become Europe's third largest IPO on record, according to Refinitiv data. Trading will begin on the Frankfurt Stock Exchange on Sept. 29, Volkswagen said.

Source: CNN

https://cnn.it/3LmXTTf

16/09/2022

Retail sales numbers were better than expected in August as price increases across a multitude of sectors offset a considerable drop in gas station receipts, the Census Bureau reported Thursday. Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change. The total is not adjusted for inflation, which rose 0.1% in August, suggesting that spending outpaced price increases.

Source: CNBC

https://cnb.cx/3DrawKX

16/09/2022

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15/09/2022

Continued volatility has seen oil prices gain 1% on Wednesday, as the market attempts to decipher the latest demand growth, US crude inventory data, inflation indications and the impact of China’s COVID lockdowns. As of 3:33 p.m. EST on Wednesday, Brent crude was trading up $0.53, at $93.73, for a 0.60% gain on the day. WTI was trading up $0.83, at $88.14, for a 0.95% gain on the day. Oil prices appear to be reacting, in part, to Wednesday’s release by the Bureau of Labor Statistics of the Producer Price Index (PPI), which injected some optimism into markets that inflation may not become entrenched. The PPI showed a drop in producer prices that signaled some supply chain issues might be easing.

Source: Oilprice.com

https://bit.ly/3DrF7If