Fed Interest Rate Decision

Dear Traders

Fed Interest Rate Decision - Jul 26, 18:00: A recent survey of 44 high level market participants returned unanimously the assumption that the Fed won't hike interest rates at its meeting this week.

The Trump administration which was meant to take some of the burden off the Fed with new tax policies and regulatory reform and to allow the Fed to renormalize policy faster have failed. Attempts to reform Health Care have been unsuccessful and tax reform is at risk and because of this, the Fed is expected to push back their next rate hike to December from September.

As we head towards the Fed's decision on Interest rates, there's growing concern that the stock market could be set up for a fall as asset markets are very highly priced, investors are complacent and the pre-conditions for a significant correction in markets are falling into place.

As always, the interest rate decision will cause high volatility in the market and the outcome will be a major market driver with trading opportunities.

Best regards,

David Bergman
Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

ECB Interest Rate Decision

ECB to hold steady this week

Today: Jul 20, 11:45: The European Central Bank interest rate decision is due later this morning. It is expected that the ECB will leave interest rates untouched with many experts expecting the ECB to announce plans to reduce its bond-buying program in September.

The ECB President Mario Draghi's previous speech had been interpreted as a sign that the central bank was more optimistic about the economy and suggested that tapering could start sooner than expected, however since the June speech, the ECB has been tried to reduce expectations to prevent unwanted tightening of conditions.
   
In the markets, European shares extended gains in early trading on Thursday on the back of active global markets and this, just hours ahead of a highly important policy meeting at the European central bank. STOXX 600 rose 0.3 percent after major U.S. and Asian stock indexes closed Wednesday at record highs as the dotcom's impressed.

As always, we recommend that all clients are aware of high impact economic data releases and prepare for higher than normal market volatility and sharp market movements, should there be any surprise announcements.

You can stay updated with the latest news with the Yadix economical calendar: http://www.yadix.com/forex-trading-community/economic-calendar/

Brokerage Development and Updates

July 2017: As part of continual focus on user's experience and broker development, Yadix would like to share with you several important updates designed to enhance your trading experience.

New Liquidity

As the market's are changing and are becoming more and more responsive to political and economical events, ensuring we have the best execution venues available in our liquidity pool is essential for our client's trading stability. We've added three new providers to our liquidity pool of banks and execution venues, the upgrades allows us to pass on to you a significant reduction in our raw spreads, as much as 15% on Forex pairs and better order execution and pricing during highly volatile market conditions.

Our proactive approach to liquidity allows Yadix to stay ahead of the markets and continue to deliver the high levels of trade execution and speeds to our client's using profitable and aggressive automated trading systems and is one of the main reasons that Yadix has developed an outstanding reputation as a leading STP Forex broker.

Execution Technology

Further developments to the technical infrastructure has been executed to deliver secure, dedicated and low latency connectivity with Tier 1 liquidity providers over direct cross-connections to the Yadix state-of-the-art trade servers located at Equinix’s LD4 location in Slough, London.

Low latency trading is available anywhere around the world as our client's can now connect via our Zen Systems Prox Hub in Asia, Europe and North America.

Synchronisation of Server Time
 
Behind the scenes our technology team has implemented changes to server time synchronisation to ensure that the server time is a precise and stable. Three atomic clocks and radio towers are in use simultaneously to ensure the server time completely accurate and precise for better order filling for high frequency systems that are reliant on precision.


VIP Trading
 
For high volume traders and high depositors, Yadix offers a unique VIP trading program that is designed to offer VIP client's real added value for their trading. As our VIP you will benefit from the lowest trading costs, technical upgrades and private cash rewards for your trading volumes.

All VIP traders will receive a free VPS with an average ping time of just 2 ms, priority withdrawals, no deposit fees and a personalised cash back program to ensure you are fully rewards for trading with Yadix.

Instant Rebate Program
 
Our unique Instant Rebate program offers four levels of cash backs and allows traders to earn real cash rewards for the trading activity, up to 55% of the spread will be paid back to you, automatically for every trade you make.

Cash rebates are credited instantly on the closing of your trades, on any symbol, any volumes traded and regardless of whether your trades were in profit or loss. We believe Yadix offers the most valuable and transparent rebate program anywhere in the industry with the highest value.

Partnership Program Development
 
Our IBs and affiliates can access a new range of marketing tools with proven conversion increase with a mini-site featuring short registration form, exclusive promotions, landing pages focused on unique benefits and higher partner's rebates on multiple earning models available to choose from.

EA developers can submit their performing EAs for a full review and the marketing of their profitable EAs to a new audience of EA traders. This added value service is in place to serve both the EA developer and trader's looking for profitable automated trading robots.


To discuss how the latest developments will benefit your trading, please arrange a discussion with your account manager.

Big Day for the Markets!

Bank of Canada interest rate decisions and Janet Yellen’s testimony.

Dear Traders,

Today Jul 12, at 14:00 the markets will be looking towards two major events with the Bank of Canada interest rate decisions and Janet Yellen’s testimony.

Janet Yellen’s mid-year market outlook is in major focus today as Yellen is expected to clarify the current economic situation and the policies applied to improve the economy. Strategists will be focused on any signs that the Fed is prepared to battle against inflation in financial assets.

It has been suggested in recent weeks that the Fed is uncomfortable with elevated equity valuations and low Treasury yields and the risk is associated to any indications that the Fed is at unease which could cause a wave of risk aversion in markets and high volatility.

At the same time, the Bank of Canada is expected to hike interest rates for 1st time in almost 7 years on Wednesday following signs the economy is well on the road to recovery after the crash in oil prices. The low interest rates have encouraged Canadians to record levels of debt in recent years, and the central bank feels significant risk for the economy.

Traders are 90 percent certain of a 0.25 percent rate hike today and big banks will likely increase interest rates as a result. Of course any hike in interest rates will mean additional expense for Canadian's with loans and mortgages and there could be a slowdown in first time house buyers as a result of the hike.

To summarize, the markets will be heavily focused on both events and any surprises could cause significant market volatility. 

Monitor news events and trade smarter: http://www.yadix.com/forex-trading-community/economic-calendar/

Stocks Stronger on NonFarm Data

US nonfarm payrolls beat the expected 179,000 and posted 222,000 new jobs created in June.

The better than expected results caused a stronger dollar, yet the main impact were on the world's stock markets with Asia stocks starting the trading week strongly and the Hang Seng starting the week with 1 percent gains.

European stocks such as FTSE 100 and Germany's DAX set for 0.4 percent gains and Australian stocks are up 0.3 percent, although China's blue-chip shares are flat.

Following the Non Farm data, Nasdaq gained 1 percent, the S&P 500 added 0.6 percent and the Dow Jones rose 0.4 percent. 

The markets will look towards the speeches by the Fed's Janet Yellen and Governor Lael Brainard this week for more indications regarding the Fed's hawkish stance and potential rate hikes in the second half of the year.

Keep up to date on the latest economic news and data releases by following the Yadix economic calendar: http://www.yadix.com/forex-trading-community/economic-calendar/

Dollar Under Pressure Ahead of NFP Report

Dear Traders,

The high impact Non Farm Payroll (NFP) will be released on Jul 07, 12:30; this report heavily affects the US dollar, the bond market and the stock market

As there are mixed messages regarding the US economy and increasing split on the outlook for inflation, the decision to raise interest rates may have been premature with the dollar under pressure.

Soft inflation in the US during the last few months have cast doubts on additional hikes this year, this has been followed by poor ADP survey, and rising unemployment. The NFP report is expected to be around 179K new jobs in June with unemployment rate expected unchanged.

If the report is as expected, the focus could be on the wages reports, however overall there needs to be a big change to stop the current USD slide. 

Check the NFP results in real time: http://www.yadix.com/forex-trading-community/economic-calendar/

Strong Bearish Gold Market Continues

Gold has turned bearish following the bearish movement in June. Since highs of 1295.87 on June 6, Gold has lost 5400 pips and July has started with a strong bearish trend as price goes further down, losing another 2000 pips already this month.

Any rallies should be brief and will offer opportunity to sell at a better price as Gold is expected to continue to lose value and targeting a further 3000 losses pips in July.

More tools and economic date can be found at: http://www.yadix.com/forex-trading-community/economic-calendar/

Time to Claim your June 2017 Rebates

Dear Traders,

Please be reminded that now its the time to claim your June 2017 monthly rebates:

1 pip per lot on Rebate Account
0.3 pips per lot on Classic Account
1.2 pips on the Super Rebate Account

To claim your rebates simply send us an email in between the 1st and 5th of each month. Please include your MT4 account number and the number of lots that you have traded.

*Learn more on the new Instant Cash Backs Program – Up to $12 Per Lot!

I am looking forward to hearing from you.

Best regards,

David Bergman
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com