03.07 U.S. remain closed for a long weekend on the of the Independence Day

Fourth July, Independence Day in the United States is a national holiday for the United States, which is celebrated on July 3rd and 4th. For this reason, the following trading restrictions are imposed. Varchev Absolute Trader 02.07 Thursday – CORN, SOYBEAN, WHEAT – trading till 19:05 Meta Trader 4 и Meta Trader 5 Friday 03.7.2020 […]

Germany – Retail Sales, much better than expected 13.9% vs. 3.9%

Germany – Retail Sales Previous: -5.3% Expected: 3.9% Current: 13.9% In economic news, investment banks, market makers and prime brokers may quote wider spreads, sudden movements, gaps and possible execution at a price different from the stated / the first possible market price /. In the first few seconds, execution may be delayed due to […]

China – Manufacturing PMI, better than expected, positive news for the risk appetite

China – Manufacturing PMI Previous: 50.6 Expected: 50.4 Current:50.9 In economic news, investment banks, market makers and prime brokers may quote wider spreads, sudden movements, gaps and possible execution at a price different from the stated / the first possible market price /. In the first few seconds, execution may be delayed due to the […]

IMF now sees even deeper global recession as economies struggle to recover from COVID-19

The International Monetary Fund on Wednesday slashed its forecast for the global economy again, predicting a sharper recession and longer recovery from the impact of the coronavirus pandemic. The IMF now sees global gross domestic product shrinking 4.9% in 2020, a worse contraction than the 3% decline it previously forecast in April. The fund also […]

US indices are preparing to climb new local peaks

Global stocks rose as investors cheered indicators showing that manufacturing and services sectors around the world have started to recover as lockdowns ease. Futures tied to the S&P 500 gained 0.9%, suggesting that U.S. stocks may continue to edge higher after the opening bell. The pan-continental Stoxx Europe 600 rose 1.5% after data from France […]

Germany – Manufacturing PMI, better than expected, indices Up

Germany – Manufacturing PMI Previous: 36.6 Expected: 41.5 Current: 44.6 In economic news, investment banks, market makers and prime brokers may quote wider spreads, sudden movements, gaps and possible execution at a price different from the stated / the first possible market price /. In the first few seconds, execution may be delayed due to […]