Delivering cutting-edge technology with bespoke solutions, built by traders for traders. ThinkMarkets has invested heavily in infrastructure to provide award winning services, with an ever-growing range of markets.
ThinkMarkets has a wide range of currency pairs with all the Majors, Minors and Exotic crosses covered. Trade Forex with us via Mobile and see the difference with our proprietary platform Trade Interceptor.
Trade on global indices markets, all the major stock indices covered including Wall St, UK 100, Nikkei 225, S&P 500, AUS 200 and Germany 30. Deal on the major stock indices with ThinkMarkets.
Spread betting is the tax-free* method to take positions on indices, commodities, metals and forex. With no capital gains tax or stamp duty you can take position on both rising and falling markets.
* Tax laws depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
Trading precious metals like Gold and Silver have been, considered by many a safe haven market. Trading metals has never been easier with tight spreads and low capital entry requirements.
Oil and Natural Gas are highly traded commodities that, with ThinkMarkets, you can trade with tight spreads and state of the art technology working hard to keep your trading safe, fast and reliable.
ThinkMarkets offers a range of powerful platforms to cater to any of your trading needs. Experience our bespoke Trade Interceptor platform or MT4. All our platforms are available on Mobile PC, Mac and web interface.
We continuously strive to provide our clients with robust tools and technology to help make your trading more intuitive and comprehensive, from advanced charting packages to premium news feeds.
Follow our market news for all the latest updates and breaking news as seen through the eyes of our expert Market Analysts.
Our comprehensive trading education materials will help you top become a better trader. Our library of videos and trading guides have been created to guide you and educate you in all areas of the markets, from beginners to advanced-level.
Posted by Naeem Aslam | 15/12/2017 07:40
US tax overhaul bill threatened by Republican Senator
Investors diogest Federal Reserve and ECB events
US consumers assured about their spending
European futures are trading lower and failed to pick up the momentum from Wall Street. Thanks to Republican Senator, Rubio, who threatened not to back the tax overhaul bill. He wants the Senate leaders to provide more child tax credits. Investors are digesting this message along with the new development from the Federal Reserve. Combination of these two factors are having an adverse impact on the sentiment among traders today. If there was one theme which remained prominent and helped the US Markets to post record highs throughout this year, it was the hopes around the US tax overhaul. Investors pilled their bullish bets on the hopes that it will help the US economy to grow.
However, as we move closer to 2018, traders aren’t really that optimistic and a decent majority could start to take their profits off the table. We have seen eight years of the bull rally since the financial crisis and this very fact is going to keep them in their cautionary mode.
The strong US retail sales number has confirmed that the US consumers are a lot more assured about their spending habit. We have not seen this strong pace of strength for the US retail sales data since 2012. Of course, Black Friday offers has a lot to do with the US retail sales data, but it is the moderate growth in the wage growth which is fuelling the retail sales. Improving retail sales number along with US tax overhaul would help Wall Street major indices to post another record highs.
No bang, no drama from the ECB today. Traders have shown no reaction and all eyes will be on Draghi’s speech, because it is only his press conference which can bring some life to ECB’s event. The ECB’s staff forecast and what exactly the ECB is thinking could be judged by this press conference. Eurozone’s economy has been on fire since this year and especially this is true when you see countries like Greece posting positive GDP. Thus, there is less incentive for the ECB to stay overly dovish with their approach.
Draghi’s overall tone was more optimistic today and this has helped to the Euro. He increased the growth forecast for 2018 to 2.3% which was well above the previous number of 1.8%. Anything below 1.8% or at the same level would have sent the message that the bank is not confident but the number of 2.3% sends the signal that things are on fire. However, on balance you could say that Draghi wasn’t overly dovish and this really pays the way for the euro and ECB’s monetary policy.
Risk Warning: Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure.
Tax laws depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. Registered address: 2 Copthall Avenue, London EC2R 7DA. Company number: 09042646.
The information on this site is not directed at residents of the United States, Japan, France, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
© 2017 This website is owned and operated by ThinkMarkets Group.