More Trading Tools Launched

Dear Traders,

We are happy to announce that Yadix has added more trading tools to the popular Economic Calendar page.

The new features include new charting features and news feeds to give our client's more market insights to make more educated trading decisions.

The page already features an in-depth economic calendar, the community outlook and real time statistics for the major markets.

Please visit the page and start benefiting: http://www.yadix.com/forex-trading-community/economic-calendar/

Best Regards,

Tony Edwards
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

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

Trump Tax Plan Benefits

Trump's new tax plan benefits more the wealthy!

On Wednesday, the Trump administration outlined a new tax regime that will provide a huge windfall for America's wealthiest. However the new plan will not directly benefit lower earners and the middle-classes benefits will be modest at best.

The focus of the new tax structure is to reduce taxation on business income which will benefit the small share of the population that owns the vast majority of corporate equity. Trump said that the cuts would increase investment and spur growth, creating greater prosperity, however experts were quick to highlight that the economy was already in a growth phase and the upside to the new plans are limited.

Included was the plan to eliminate estate tax, a massive advantage for the super-wealthy as well as a minimum tax, which will act as a safety net and inventive to prevent tax avoidance. Trump has repeatedly mentioned that the plan would reduce taxes for middle-class families, but so far limited details have been made public to validate that claim. I's likely some households could benefit from tax cuts and others could end up paying more.

For more market insights, please visit: http://www.yadix.com/forex-trading-community/economic-calendar/

Important Market Commentary

North Korean Missile Crisis - Dollar buckling under North Korea Threat

The Fed's balance sheet is a major threat

The Federal Reserve announced on Wednesday that it would start to unwind its $4.6 trillion balance sheet and kept interest rates unchanged. The latest announcement has caused a reaction from market experts that have commented that if the Fed was a financial institution it would be insolvent, also highlighting concerns that the Fed must bring balance sheet under control in order to maintain control over economic policy.

Currently the balance sheet is mismatched and is heading for trouble. The numbers show that the balance sheet has $4.5 trillion in assets, these are assets include $2.5 trillion in Treasury securities, $1.8 trillion in mortgage backed securities, and $0.2 trillion in other holdings like gold. The facts are that a rise in interest rates would cost the Fed too much money based on its mortgage backed securities, which they simply cannot sell and they must work towards bringing the balance sheet into a more liquid position.

Dollar buckling under North Korea Threat

On Friday, the dollar has buckled as tensions with North Korea rise. North Korean Foreign Minister Ri Yong Ho threatened that North Korea is considering a hydrogen bomb test on the Pacific Ocean, this followed leader Kim Jong Un’s statement that he will consider the “highest level of hard-line countermeasure in history” which was in response to President Trump's threat to destroy the isolated nation.

The USD's move lower was triggered by a reaction to the latest threats however there is a strategy traders will look to take advantage of. The yen usually benefits during times of crisis and there is an expectation that Japanese investors could return assets back to Japan, with the yen expected to rise.
So far today the dollar dropped 0.6 percent to 111.785 against the yen, safe-haven gold is also showing gains with spot prices up 0.5 percent at $1,297.11 per ounce, the Swiss franc rose 0.2 percent versus the dollar to 0.9687 and Asia stocks have slipped.

Trade the volatility with leading conditions and unrestricted trading: http://www.yadix.com/

Will the Fed reduce balance sheet?

Fed Interest Rate Decision - Sep 20, 18:00: The Fed concludes its policy meeting this evening and will share updates on economic projections, latest forecasts for growth, unemployment, inflation and interest rates.

It is expected that the interest rates will remain steady, and the market's focus will be on whether the Fed Chair Janet Yellen will signal for another rate hike especially as there has been softer wage growth, employment and spending since the last policy meeting. Many experts are suggesting that there is very little to be excited about regarding the U.S. economic outlook.

One important factor from this meeting will be the Fed's plans and details of how and when the reduction of its $4.5 trillion balance sheet will proceed. The target is to reduce to $2-2.5 trillion by allowing $10 - $50 billion of bonds to mature each month without reinvesting the proceeds and this announcement is likely to influence the market. Currently, the dollar is losing traction against other currencies and suffered extended losses overnight prior to the meeting.

The result of the meeting will likely to cause volatility in the market and is known to be a major market driver which presents good 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

BOE Hawkish Signals

UK unemployment fell by 75,000 in the three months.

The unemployment rate in the U.K fell by 75,000 in the three months to July, the lowest rate of unemployment in 42 years. However the impressive figure isn't enough to maintain British workers standard of living.

Basic salaries rose an annual 2.1 percent in the three months and remain unchanged from Q2 which is below market forecasts. Statistics shows that pay fell 0.4 percent after adjustments for inflation, which is clocking further economic growth.

Even though inflation is strong reaching 2.9% in August near a five-year high, and there is a minority in favour of a rate hike now, the Bank of England decided to keep interest rates fixed at 0.25% on Thursday. Analysts believe a rate hike in November could be possible, depending on the next round of data as Brexit uncertainty is clearly still weighing on the economy.

The next few months will be very interesting and GBP is likely to provide some excellent opportunities as things develop. 


Monitor the markets and get insights with the Yadix Economic Calendar: http://www.yadix.com/forex-trading-community/economic-calendar/
 

Non Farm Payroll Alert

"Private sector jobs up 237K in Aug"

Non Farm Payroll – Sep 01, 12:30 GMT: The usually high impact Non Farm Payroll (NFP) report will be released on Friday. This report is considered a key US economy report and can trigger sharp market movements.

The increase in private sector jobs was expected to be around the 185K in August, however recent reports suggest that figure is likely to be 237K, this would be the largest increase since March, with a notable increase in the construction and manufacturing sectors. However, some experts suggest that the jobs markets have reached full capacity and we should start seeing decreases in coming months.
 
Whilst job creation growth is powerful, the market's focus recently has also been on earnings growth which is also a measure of the labor market, potential pressure on prices, and an indicator of the demand for fuel. Currently the figure stands at a steady at 2.5% year-on-year, the growth is expected to rise to 2.6% in August.

Overall, the signals show a strong U.S economy, but the question remains regarding if the Fed feels that the economy can handle another interest rate hike in 2017, or whether it will be delayed to 2018.
 
Any significant changes in expected data or surprises can cause market volatility and excellent trading opportunities, client's are reminded to have enough equity available to trade the Nonfarm Payrolls safely.

Economic data and political news are major market drivers, so trade with a better insight with the Yadix Economic Calendar: http://www.yadix.com/forex-trading-community/economic-calendar/