US Stocks extended gains; Investors awaiting;

The US stock market edged up after Russian President Vladimir Putin said he did not seek to partition Ukraine, while signing a treaty to annex Crimea. Investors keep an eye on Janet Yellen’s FOMC decision as the first female Fed Chairman on 19th of March which will be accompanied by her post-FOMC decision press conference…

Summary of recent economic activities

There were many significant events happening over the weekend that may generate significant geo-political and most likely financial impact at the start of the trading week. Starting from Europe, Crimea’s referendum on switching to Russian rule with Crimea residents voting a resounding 95.5% to leave Ukraine and join Russia is still dominating the news flow…

U.S. stocks the sign of recovery;

The core sales uptick and the surprising drop in the number of people claiming unemployment benefits edged higher US stocks on Thursday. Following a downwardly decline, retails sales turned positive by 0.3% on the month after two months of contraction showing that spending is recovering after a hard winter. After last week’s improvement, jobless claims…

Market Update

The dollar rose against the Australian and Canadian dollars Wednesday as investors continued to worry about growth prospects in China and copper futures remained below $3 a pound, but gains were muted. For the week, the Australian dollar has fallen 1.3% against its U.S whereas the U.S. dollar has gained 0.4% against the Canadian dollar…

Free Educational Seminars

CWM are hosting free FX Educatational Seminars at the Heron Tower every wEDNESDAY.  Click here for more information and to book your place.

The Truth about FX Trading

The Truth about FX Trading FX (or Forex – both shorthand for Foreign Exchange) is the largest and most liquid market in the world. Approximately 5 trillion US dollars change hands every day. Trading FX is unlike other forms of trading. There are no commissions charged on trades, unlike trades on the stock markets. Instead, brokers…