Thanks to Georgia for setting up such a great site to discuss the financial markets. Thanks for the invitation as I am looking forward to participating.
Not gonna take a long time to write a few lines here. If you need info about Latam, don´t hesitate to answer me...
Hi this week is really full of important, high impact economic news and they are full of opportunities to make a lot of pips. Here a few guidelines you can follow to trade news. If you need more Strategies and more help please visit www.fx-megaforex.com/ebook.htm where you will find how to trade news, strategies and a full chapter on how to manage risk and money.
Trading news releases can be a significant tool in your trading arsenal. If you want, it can be your only weapon altogether. Economic news reports often spur strong short-term moves in the market, which are great trading opportunities for breakout traders. And with the forex being open 24 hours a day and a true worldwide market, there are plenty of opportunities almost every trading day to catch market volatility kicked off by an economic news report.
The world market shook as news about the Goldman Sachs fraud hit the headlines. The CBOE volatility index jumped 15.54 percent and the US stocks ended more than 1 percent down. The Volatility index is the tool used at Wall street to measure the investors fear.
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Hi friends a new week is starting and if you wish to know which economic news will rock the market this week, you can take a look at http://www.fx-megaforex.com/calendarnews.htm and you can also see the analysis of the EUR/USD and the major economic news analysis at www.fx-megaforex.com/pips911.htm.
Now what I want to share this artccle aboyr Goldman Sachs, thanks to Avafx, (if you want to open your account with them please go to www.fx-megaforex.com/liveaccount.htm) is very good and I will help you understand better the whole situation. Have a happy tradding and a happy new week!!!
4 Reasons Why Goldman Sachs Fraud Scandal Is So Dangerous
On Thursday, the Government said that China ’s economy grew at 11.9% in the first quarter. This increase has put enormous pressure on the Chinese Government to hike the interest rates and loosen its control over Yuan.
China is the third largest economy in the world and it has maintained a double-digit gross domestic product growth for the second straight quarter. Its economy grew 10.7% in the last quarter of 2009.
Economic and Monetary Affairs Commissioner Olli Rehn told that there would be no default from Greece . He was speaking at a conference in Brussels . He further added that there was no reason to doubt Germany ’s commitment to EU pledge to help Greece .
Rehn said that Germany was thoroughly committed to help Greece if Greece required financial assistance. There is a threat of a challenge from the German courts to the financial aid for Greece .
Federal Reserve Chief Ben Bernanke said on Wednesday that the economic recovery will be moderately paced and it will take time to reclaim the jobs lost due to recession.
He further added that if the pace of recovery is moderate, it will take significant amount of time to restore the 8.5 million jobs that were lost during the past two years. Bernanke was also concerned about the 44% unemployed people for the past six months or more.