Did you know that The Forex or FX Market derives its name from Foreign Exchange. It is essentially the exchange of currency (money) between two different countries. The FX market is the largest financial market in the world, and is open 24 hours per day, 5 days per week. BlackStone Futures provide a User Friendly trading environment in YOUR journey to Profitability on:
- Forex
- Global Equities
- Commodities
- Stock Indices
Today's Market Fundamentals
There was very little on the economic calendar and so the market continues to be moved by risk created by geopolitical factors. In the UK talks between Labour and the Conservatives continue to progress according to reports, we would prefer to hear official comments before believing anything we hear. In the EU, they are currently drawing up a list of retaliatory tariffs to place on the US which will be released tomorrow morning.
There are some confirmed reports out of South Korea that confirms that Kim of North Korea will be meeting with Russia’s Putin – after Trumps failed dialogue in Vietnam perhaps there may be some sanity to prevail. I am undecided as how to read this scenario – is this a ploy to weaken the stance of the US on foreign policy? This could raise the stakes in US politics next year if a resolution is found.
Today's Market Trading Levels
1. DE30 SELL 12050 – 12075
2. UK100 SELL 7450 – 7470
[su_divider]
