The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

14.08.2015 - Eurozone’s GDP disappointed investors

US stock indexes finished yesterday's trading session near the previous close levels. Positive for the market has become the data on retail sales in the United States, which traditionally have a strong influence on the course of trading. In July index increased by 0.6%, in line with expectations and indicates a positive momentum at the beginning of the second half and increases the likelihood of rising interest rates of the Fed in September. Today, the course of trading will be affected by the data on the volume of industrial production (13:15 GMT) and the index of US consumer confidence from the University of Michigan (14:00 GMT). Today, investors are likely to refrain from taking actions. Our medium-term outlook remains positive, but a correction on the markets may continue in the near future.

June 25 of Live USD Performance

European stocks yesterday showed different dynamics. Support for the index was the news according to which the Chinese regulator announced the completion of a substantial correction of the exchange rate of the yuan. At the same time, sentiment improved after strong data on US retail sales. Today, investors were disappointed by the data on GDP growth in the euro area, which in the second quarter was 0.3%, against an expected increase of 0.4%. The consumer price index was 0.2%, which coincided with forecasts of analysts. In connection with the weak data on GDP growth, we expect a decline of markets in the region in the near future, but the medium-term outlook remains positive.

Markets in the Asia-Pacific region showed a slight change due to uncertainty in global stock markets. The Chinese market has stabilized after the sudden devaluation of the yuan this week. Japanese investors are in no hurry to open positions before the publication of the preliminary statistics on the growth of Japan's GDP in the second quarter, which will greatly affect the mood of investors. We expect growth on the stock markets of the region, but in the near future we can see the index fall.

calendar | Календарь

We would like to remind you that although trading of derivatives on margin may offer many benefits, it is important to note that it also carries a high level of risk. Please click here to read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here