Company News by ForexMart

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Re: Company News by ForexMart

Postby Andrea ForexMart » Fri Oct 20, 2017 3:56 am

Economic Calendar

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ForexMart's Forex Economic Calendar is a real-time, customizable, and multifunctional, forex tool that allows traders to be updated with the latest and most relevant market events. All information that could be potentially impact your trading will be listed and analyzed here.

A trader that knows more, profits more. Use ForexMart's Forex Economic Calendar and become a better trader today.



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Re: Company News by ForexMart

Postby Andrea ForexMart » Mon Oct 23, 2017 2:39 am

The current Money Fall contest has already started on October 23, 2017 and will end on October 27, 2017.

You can register for the next competition which will take place from October 30, 2017 to November 3, 2017

Note:
Registration for the next competition finishes 1 hour before the contest starts.



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Economic News

Postby Andrea ForexMart » Mon Oct 23, 2017 3:35 am

Singapore’s CPI Rose in September

The consumer price index of Singapore is anticipated to increase in the month of September which is at a similar rate in August last year because of the rise in oil prices, as stated from the Reuters poll.

The all-items consumer price index is presumed to rise by 0.4 percent in September and kept unchanged from August based on the median forecast of some economists in the poll. Even if the labor market has greatly progressed, there are still some concerns which mean that there is no immediate demand for side-price pressure as mentioned by the ANZ. Other than that, they also noted that the core inflation pressure should remain relatively calm.

The poll stated that the core inflation of Monetary Authority of Singapore’s (MAS) has the tendency to rise by 1.4 percent in September 2016 which was kept the same for the month of August.

The core inflation of the central bank does not include the prices of the automobiles and bookings which are even more swayed by government policies.

Overall, the Singapore’s headline and core CPI climbed higher at a slower pace than anticipated because of low accommodation costs as it declined by 3.9 percent since last year.


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Economic News

Postby Andrea ForexMart » Wed Oct 25, 2017 11:33 pm

Unemployment Rate in France Drop in September

The total unemployment figures of France reduce in September based on the records from the Labour Ministry issued on Tuesday. This encourages French President Emmanuel Macron to execute further efforts to improve the job market.
The number of unemployed individuals in the mainland France was lowered down by 64,800 last month, this is the largest decrease since 1996.
The 1.8 percent drop after a month and 0.5 percent within a year resulted in a total of 3,475,600 jobless people which is the lowest level from the month of April.
The improvement was achieved due to reform efforts by Macron’s leadership that created more jobs and increased growth.

President Macron is considering the reduction of unemployment in the country down to 10 percent for years, overhauling the rules of labor industry last month. This could be followed by some changes in unemployment benefits and professional training subsequently.
The business confidence of France also perked up since Macron’s victory in May elections. The French politician pro-business reform agenda tend to shift company’s activities upwards in order to manage robust demand, according to a survey published on Tuesday morning.
Moreover, the emergence of new businesses led companies to hire additional workers in October which could regulate rising backlogs, hence, this is the fastest pace recorded in a decade based on the monthly purchasing managers survey.

On the other hand, industrial firms reported that their efficiency is moving towards the highest levels prior the outset of 2008-2009 global financial crisis indicated in a quarterly survey by the INSEE statistics agency on Tuesday. The expanding number of companies seems struggling to keep up with the demand. There are 32 percent of managers who admitted facing some congestion in the production system. This could be a positive indicator for the job markets considering that companies are forced to take more laborers in order to cope the demands of the client, therefore, reducing the unemployment rate.

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Economic News

Postby Andrea ForexMart » Thu Oct 26, 2017 1:08 am

Possible Deflation Period of Japan to End Before the Tax Rate Hike in 2019

The government could conclude that the economy has been a steady growth to end the deflation period prior to a tax rate hike in October 2019, according to the government authorities.
This report would support Prime Minister Shinzo Abe, who just won the ruling Liberal Democratic Party in Sunday’s election. At the same time, this is in-line of the “Abenomics” stimulus policies implying that it is executed accordingly.

The government is yet to determine when it can be declared that the deflation has officially ended. Hence, the announcement of the government in ending the deflation was put aside, considering the feeble state of the economy and its recovery with the risk of price depreciating again. This can be publicized when the consumer inflation rises to levels around 1 to 15 percent while maintaining the gross domestic product (GDP) deflator, which is another measure of prices, more than 1 percent at a steady pace, stated by one of the officials.

The Core consumer prices increase by 0.7 percent in August since 2016 considering the increase for eight consecutive months. At the same time, this shows positive signs of growth in the economy.

The GDP deflator declined by 0.4 percent for three months until June in the same period from last year and an overall decline for four succeeding quarters.

Japan has been in a difficult pace for 15 years in the process of deflation since the bubble burst in inflation of assets in the late 1990s. It has been Abe’s top priority since he seated as the prime minister since 2012.

Abe mandated to halt the deflation and the governor of Japan’s central bank, Haruhiko Kuroda vowed to attain the 2 percent inflation target of the central bank through aggressive easing of monetary policies.

On the other hand, ending the deflation would stimulate the private consumption by boosting the public sentiment. Also, this would give grounds to proceed with the planned sales tax hike from 8 percent to 10 percent in the next two years as mentioned by the government officials.

Another official has supported this statement saying that it would be favorable to continue with the hike. However, these statements would not induce the Bank of Japan to reverse its huge monetary program because inflation would still be insufficient to reach the two percent target which they also noted.

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Re: Company News by ForexMart

Postby Andrea ForexMart » Thu Oct 26, 2017 3:07 am

Economic Calendar

Know what will happen next in the financial markets with ForexMart's Forex Economic Calendar.

ForexMart's Forex Economic Calendar is a real-time, customizable, and multifunctional, forex tool that allows traders to be updated with the latest and most relevant market events. All information that could be potentially impact your trading will be listed and analyzed here.

A trader that knows more, profits more. Use ForexMart's Forex Economic Calendar and become a better trader today.



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Re: Company News by ForexMart

Postby Andrea ForexMart » Sun Oct 29, 2017 11:08 pm

The current Money Fall contest has already started on October 30, 2017 and will end on November 3, 2017.

You can register for the next competition which will take place from November 6, 2017 to November 10, 2017 (Terminal time)

Note:
Registration for the next competition finishes 1 hour before the contest starts.



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Re: Company News by ForexMart

Postby Andrea ForexMart » Thu Nov 02, 2017 2:08 am

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Economic News

Postby Andrea ForexMart » Mon Nov 06, 2017 5:08 am

Lebanese Pound Stabilized After PM’s Resignation

The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to the state-run National News Agency even after the unexpected resignation of the country’s prime minister Saad al-Hariri

The central bank along with the financial sector has executed financial operations in the assessment of Governor Riad Salameh. The Lebanese currency is set at an approximated value of 1,500 against the dollar.


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Re: Company News by ForexMart

Postby Andrea ForexMart » Tue Nov 07, 2017 5:00 am

The current Money Fall contest has already started on November 6, 2017 and will end on November 10, 2017.

You can register for the next competition which will take place from November 13, 2017 to November 17, 2017

Note:
Registration for the next competition finishes 1 hour before the contest starts.



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