Open trading account 
Will U.S. business statistics normalize the agenda?Markets last week again the subject of trade wars stamp was. On the last day of the week, U.S. President Donald Trump's announcement that the European Union would bring customs duties to EU-derived cars increased tension. During the week, statements from many countries have been followed, while the chaotic environment in the markets has also caused a change in pricing behavior. In some assets, mainly stock indexes, sales pressure was slow, while…
kahinistanbul's Blog
Brent oil
U.S. Energy Secretary Rick Perrey said he believed that the US sanctions against Iran would be reinstated and that the decline in global oil supply would be compensated by the increase in Saudi Arabia and Russia's production. Russia's Energy Minister Aleksander Novak said that if OPEC members fail to agree on a 1 million barrel/day production increase, they will increase oil production by 200,000 barrels/day in the second half of the year, while Russian oil companies will increase their producti…
EURusd overview
The ongoing refugee crisis between the Christian Union bloc (CDU and CSU parties), one of the largest partners of the German coalition, remains uneasiness over Euro assets. Especially in recent days, statements made after the meeting by Prime Minister Angela Merkel and CDU Parliamentary Group President Volker Kauder show that there is no agreement on immigration policy. Explanations that may come today or in the following days can be directly effective on the parity, so it is useful to follow ca…
GBPusd overview
Recent reports on Ireland have put pressure on sterling assets. In particular, it was important to mention that Michael Barnier, the chief negotiator of the European Union Brexit yesterday, had to respect the Common Market and Customs Union integrity of the UK's proposal on the Irish border. On the other hand, following the statements of the British Minister of Finance Philip Hammond today, he pointed out that Britain is not a normal country like Liechtenstein and that it wants a special partner…
EURUSD overview
The US data was followed yesterday, while Easter holidays starting on Friday caused shallow prices on the parite side. The manufacturing Purchasing Managers Index (PMI), which was announced by the resource management Institute (ISM), did not meet market expectations with 59.3 and 60.1. The manufacturing PMI data announced by Markit was also below expectations. On the other hand, trade wars between the United States and China continue to intensify. In the euro zone, the outcome of the coalition t…
Week Ahead On The Markets
The first week of 2018 will bring a fresh boost of energy thanks to financial markets in a number of important events. In the U.S., the labor report can help answer the question of wage pressure inflation will provide pick-up. The FOMC meeting minutes can reveal what the Fed is planning to do next. the situation of the global economy will be evaluated with the help of PMI readings from China, England and the United States. Also keep an eye on the euro hicp inflation. Main events: Monday: • No si…
Forex (or Forex) Forex and what is Forex market?
Forex (or Forex)Forex and what is Forex market?Foreign Exchange Forex or FX is an acronym that is derived from the English words. Foreign exchange (or FX) today, to a large extent used in the sense of foreign currency or foreign currency, although national currencies to a national currency with the Forex from the same root of abbreviation is used for the modified process. These operations are done the Forex market, where forex trading organizations that have the name of the organization this pro…