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

16.06.2015 - Greece continues to put pressure on the markets

US stock markets showed a decline amid fears of investors on a default of Greece, which must repay to the IMF debt of about 1.6 billion euros. In addition, investors were disappointed by the weak data on industrial production in the US, which in May fell by 0.2% against the forecasted growth of 0.2%. Today, the dynamics will depend on the vital statistics on the housing market in the US (12:30 GMT). Investor’s activity will be constrained by the expectation of the Fed's statement on monetary policy tomorrow and forecasts of US economic growth. Our medium-term outlook remains positive, but in the near future we may see a drop on the markets.

May 5, 2015 USSPX Graph

European stocks fall on the background of the lack of consensus between Greece and creditors on the issues of budget surplus in the country and cuts in social spending. In connection with these negotiations and the passage of time possible default of the country, market volatility will increase. Mario Draghi said yesterday that the euro area economy continues to recover at a moderate pace and inflation is likely to accelerate towards the end of the year. Our medium-term outlook remains positive due to the effect of the quantitative easing program, and we expect the resumption of growth after the problems with the Greek debt will be solved.

Markets in the Asia-Pacific region fell on investor sentiment worsening in the world due to the increasing risk of a default by Greece. In addition, investors are waiting for the outcome of the meeting of the US Federal Reserve on monetary policy, as well as the publication of forecasts on economic growth in the United States. The minutes of the previous meeting of the Reserve Bank of Australia was awarded the opportunity to further reduction of interest rates to stimulate consumption and investments in the country. Tomorrow the course of trading will be affected by the data on the trade balance of Japan. We expect growth on the markets of the region in the medium term and expect high volatility in the coming days.

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