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 | 14/11/2017 08:27
Carney to defend overblown inflation data
Chinese economic growth stout during the last nine months
US tax reforms still have no considerable progress
Central Bankers and their view matters
Investors are cautious but steady while they await more clues on the monetary policies and digest the economic news. We had a slew of economic data out of China which was mostly on the sub-standard side. The fixed asset investment for the country during the period of January and October was dreary. It printed the reading of 7.3%, below the forecast of 7.4%. The retail sales number also missed the forecast of 10.4%, There has not been any good news in the industrial production number either as it was also below (6.2%) the forecast of 6.3%.
Overall, the Chinese economic growth has been stout during the last nine months and this has given investors assurance to continue to believe in the Chinese economic growth story. However, the activity in the property and growth sector has raised some eyebrows but the slowdown is mainly due to the government led policies which are trying to cool the property market.
Over on Wall Street, investors are still anxious about the US tax reforms because of no considerable progress, while the president continues to beat down the drums that an extraordinary progress has been made to push the new US tax laws over the line. President Trump has called for additional amendments in the tax plans which included his old slogan of repealing the Affordable Care Act, So far president Trump has accomplished nothing but bitter results whenever he talked about repealing the Affordable Care Act.
Moving away from president Trump's tweet and his Disneyland, investors are going to pay close attention to the message coming out from the head of major central bankers who would be speaking later today in Frankfurt. Janet Yellen, who will be leaving her current position as a Fed Chair would possibly be the least relevant one as her own views would have minimal weight amid investors on the dollar index. An Intriguing aspect would be if she delivers the overall view of the committee with respect to how many interest rate hikes could be on the table for the next year while the Fed continues to reduce the size of their balance sheet. Mario Draghi the president of the European Central Bank and Haruhiko Kuroda the governor of the Bank of Japan, would also be participating in the central bankers conference and their comments would be the most relevant for traders.
Back in the UK, the inflation number would require the governor of the Bank of England to defend the number to the chancellor of the Exchequer, Philip Hammond. The forecast number of 3.1% is nearly one percent above the bank's target so the governor would have to use all the justifications such as the devaluation of the currency, Brexit and other to use as an explanation of this number. However, the good news for the governor would be that inflation seems to be peaking at its current level, therefore the bank may not be required to increase the interest rate again next year.
Nonetheless, a large number of inflation components would be behind the changes in the headline annual CPI rate. We expect the food prices ranching up on the 12-month rate due to the sterling depreciation and electricity prices should also add their weight by putting upward pressure due to the increase in tariffs.
However, the overall effect from the upward pressure by food and electricity would be diluted due to the lower fuel prices. This is simply due the reason that the cost of filling the car tank at the fuelling station dropped nearly 0.4% in October of this year. The core side of inflation is likely to add more weight on the 12 month rate of inflation. If you also look at the hotel and holiday packages, they clearly seem to have ticked higher which have meaningful impact on annual inflation.
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.