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
It is alarming at how many ministers have quit the Labour Party in the week, the number is up to seven – and it has come out of left field. In the grand scheme of thing this shouldn’t affect the Brexit negotiations, but it may mean Jeremy Corbyn will review his own party strategy and even that of PM May.
The market was rather tepid ahead of the FOMC meeting minutes, but I suspect that it was rather waiting for the trade talks which start in Washington today. One would expect that a deal must be all but signed considering that President Trump has already turned his attention to the EU – comments yesterday suggested that if no deal could be struck, he would look at tariffs on the EU.
Today's Market Trading Levels
- DE30 SELL 11470 – 11480
- Brent SELL 67.20 – 67.50
[su_divider]
