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  1. 29 JULY 2013: DOLLAR ENDS WEEK LOWER DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Concerns that the US Federal Reserve (FED) may lower its unemployment threshold at 6,5 % before terminating monetary easing and its USD 85 Billion monthly bond buying program, sent the dollar lower on Friday. Euro/USD climbed 1,1 % to 1.3282 over the week. The dollar as lost against a basket of currencies. Inflation data Prime Minister Shinzo Abe’s Upper House victory, boosted the Japanese yen. USD/JPY fell back from 100,32 to 98,50 yen a dollar. New Zealand dollar was the biggest gainer of the week - gaining 2 % against its US counterpart. Speculation about a lower unemployment threshold comes after FED Chairman, Ben Bernanke, insisted that any monetary easing remained data-dependent. This convinced investors that any raise in interest rates was still a long way off. Investors have interpreted FED forward rate guidance that an interest rate hike will come earliest in 2016. The speculation was triggered by an article in Wall Street Journal which immediately put the dollar and US treasury yield under pressure. If the report signals will be a false alarm, USD will rally. EURO gained ground on optimism on a turnaround in the Euro zone which is still in a deep recession. Even if the Euro zone remains in contraction, the negative figures are better than previous months due mainly to the recovery in Germany which continues to deliver better than its fellow European members. It is expected that the European Central Bank (ECB) will leave its interest rate unchanged when it meets later in the week. The global equity market was in spite of good US-corporate quarterly results under pressure as China doubts on growth take hold. Indexes all over the world have climbed to new record highs, and technical corrections may be expected on this uncertainty. Gold and silver have consolidated last week’s gains after FED’s dovish attitude. Gold stays above USD 1300.00. Precious metals are helped by raising demand in China where sales volumes in gold and silver jewellery and coins are at record highs so far in 2013. Copyright: MAYZUS Investment Company Ltd
  2. 26 JULY 2013: GLOBAL SHARES DROP ON CHINESE WORRIES DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Shares fell worldwide on Thursday on worries about China’s slowdown and its impact on corporate earnings. These fears weighed heavier than tokens that Europe slowly might drag itself out of recession. Data showing better business morale in Germany and improvements in British economy pointing towards modest growth, did little to spark fresh demand from investors more focused on recent developments in Asia. Investors worry that the Chinese growth engine is no longer running at full power. Chinese stocks suffered their second straight loss on Thursday despite measures from the government to spur the economy with heavy investments in railway and encouragement of the export industry. The Asia-Pacific, MSCI-index, lost 0,5 % from the previous day’s seven week closing high. Worries about China were also reflected in commodity markets, where copper dropped 0,5 %. Brent crude fell for a second day in row at USD 106,59 a barrel. Gold stands at USD 1314. There have been marginal changes in the currencies. EUR/USD has lost 35 points and trades at 1.3196. The Japanese Yen (JPY) trades stronger against the USD at 99,68. The dollar is again dipping below the 100 yen a dollar mark. Facebook shares soar after the social media delivered much stronger results than expected. Presented quarterly earnings delivered strong evidence that Facebook can drive on smartphones and tablets. Advertising revenue in the second quarter ignited a nearly 17 % share a rally. 700 million people daily use the Facebook platform. Facebook which was off to a rocky start when it introduced its IP in May 2012. In spite of a 15 % increase in the stock price yesterday, Facebook has still 20 % to go to reach its IPO-price. Copyright: MAYZUS Investment Company Ltd
  3. 24 JULY 2013: USD AND EURO PICK UP GLOBALLY DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments US stocks edged lower on Wednesday after days with increases and new record highs. Disappointing results from heavyweights Caterpillar and AT&T, overshadowed a solid quarterly earnings report from the worlds highest capitalized company, Apple. The Dollar DXY-index weighed against a basket of six major currencies, picked up on data showing stronger domestic manufacturing and housing numbers in June. New home sales rose to a five-year high. Surprise improvement in US and European factory activity offset further signs of cooling in the China’s economy. New data showed that the Chinese manufacturing sector is contracting for the third straight month. That had an immediate impact on the oil demand where prices fell 2 Dollars. NYMEX and Brent crude trade USD 106 – 107 a barrel. On Monday, strong statements from the new Chinese Premier lifted global stocks, demonstrating the markets volatility on day to day economic news. Seemingly better outlooks for the United States and Europe caused investors to reduce safe-haven holdings in US and German Government debt. Gold, a traditional safe-haven asset, which has risen close to USD 100 an ounce over the last four days, snapped its winning streak on profit taking. The same trend is witnessed in Silver, which has also taken a breather after several winning days after being in free fall over the last five – six months. Apple’s results which initially were met with some reluctance when presented after the closing session on Tuesday, beat analyst’s forecasts. The stock price climbed 5.9 % at USD 443.87, a far cry though from the peak numbers in the high 600's, a year ago. Apple has promised solid dividends. This is also pleasing investors which took the stock to its highest level since June the 10th. The stronger euro-zone factory data sent the EUR/USD to a one month high at 1.3230. USD/JPY is gaining ground trading above 100 Yen to a Dollar. Copyright: MAYZUS Investment Company Ltd
  4. CLIENT TERMINALS OLDER THAN BUILD 500 NO LONGER SUPPORTED Dear Clients, Please be advised that from August the 1st 2013, desktop client terminals older than build 500 will no longer be supported. We strongly advise you to install all updates and upgrade your trading terminals to build 509 as soon as possible. We kindly recommend you to keep all your platforms up to date. Please do not hesitate to contact us if you need further assistance at [email protected]
  5. 24 JULY 2013: CHINA SHOWS MUSCLE DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments The US Dollar continues to lose ground against most currencies. The DXY-index, a Dollar weighed towards a basket of six major currencies, fell also on Tuesday from Monday’s low on 82.325. The Euro inched marginally above 1.32. USD/JPY keeps steady at 99.721. After new record highs in Asia spurred by a Chinese stock rally, Wall Street continued to new record highs on good quarterly earnings from Dupoint and United Technology. Apple is going to present results after closing in New York. In an upbeat statement on Tuesday, the new Chinese Premier stressed that the aim of his authorities is to double the Chinese Gross Domestic Product, GDP, from 2010 to 2020, to obtain this target of economic growth of a minimum 7 % annually, which is needed. The last forecast for yearly growth in China in 2013, is 7.5 %. The Chinese government has introduced measures which encourage bigger competition between banks and financial lenders, while simultaneously keeping inflation under control. The Hang Seng index added 2.1 % on the announcement that China shall start huge infrastructure projects within the railway industry. These projects will consume big amounts of cement, steel and commodities, and are seen by markets as a sure token that China will continue to be the same driving global force as it has been for the last few years. Chinese new leadership has no desire to give up on ambitious targets set by its predecessors. It is also determined to avoid any hard landing in its economy. The Chinese statements were positively received, as were quarterly earning results from the US and the Federal Reserve’s (FED) statement last week, that monetary easing is going to continue for the unforeseeable future. Oil prices are keeping steady at the USD 108 a barrel level, and Gold and Silver started the week with higher prices than seen in weeks. Gold took a breather on Tuesday, and stayed at USD 1336 after adding 3 % on Monday. Commodities don’t show any clear direction, but the Chinese statements should represent a clear boost for a sector being under strong pressure. Copyright: MAYZUS Investment Company Ltd
  6. MAYZUS LAUNCHES TWO NEW INSTRUMENTS ON STP SERVER! Dear Clients, We are delighted to announce the launch of two new trading instruments, Gold and Silver, on our STP Server, effective today! Now you can enjoy trading Gold and Silver with the liquidity delivered directly from Tier1 banks! Enjoy trading Gold and Silver on your STP account today!
  7. WEEKLY WINNERS OF THE MAYZUS FOREX DEMO CHAMPIONSHIP FOR THE WEEK 15 - 19 JULY 2013 MAYZUS Investment Company is pleased to announce weekly winners of the Forex Demo Championship for the week 15 - 19 July 2013 1st Place – Prize $1000 goes to: Lucka, acc. 459849 2nd Place – Prize $800 goes to: protrader0505, acc. 429693 3rd Place – Prize $500 goes to: Sanjok, acc. 459901 Most Active Trader Award – $100 goes to: fxtrader, acc. 444980 Congratulations to all winners! To learn more about results from previous weeks and to track the live results of this week, please click here. We would like to take this opportunity to thank all participants and to warmly invite all of our clients to take part in our weekly Forex Demo Championship.
  8. FORUM PROMO REINSTATED! Mayzus Investment Company recently discontinued It’s Forum Promo temporarily for Indonesia, Bangladesh and Pakistan. Unfortunately, we were increasingly over loaded with false documents from these regions, and had to take some time to counteract this problem. It gives us great pleasure to announce that the Forum Promo is now available again to all countries involved! In addition, we would also like to offer a further bonus to our forum members from these countries, "Double Bonus", for any participant who is eligible to withdraw his $25 to his trading account. If the participant makes a deposit via OKPay of an amount of $25, he will receive an additional $25 bonus to his trading account! This promo is for a limited time only. Mayzus Investment Company reserves the right to inform its Promo members one week prior to the termination of the 'Double Bonus' Promo. On August the 1st we will have yet another exciting and generous Promo for some Asian countries (Malaysia, Indonesia, Thailand, Phillipines and Bangladesh), so stay tuned for the latest from Mayzus! We look forward to seeing you all participate in this great opportunity and wish you the best of luck with your upcoming trades! We kindly ask you to inform us about any fraudulent activity towards Mayzus Investment Company which you may find on the Internet, to prevent this happening in the future. We really appreciate your cooperation in this matter.
  9. 22 JULY 2013: MCDONALD’S FAILS TO DELIVER DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments After hitherto strong quarterly earnings season the heavyweight, McDonald’s, failed to deliver according to expectations. US-housing numbers for June were also weaker than forecast. After jumping in April and May the growth in housing sales unexpectedly took a breather last month. Experts are, nevertheless, unwilling to see the late figures as a token of underlying weakness in retail and US economic fundamentals. The weaker profits of the world’s largest restaurant retailer are mainly seen as a result of declining sales in it's biggest market, Europe. In Europe one of the leading banks, the Swiss UBS, followed up the strong banking results from the United States and beat forecasts, in spite of an expansive lawsuit settlement with US regulatory authorities over housing bonds prior to the financial crisis in 2008. UBS added 2.7 % and reached a two-year high during yesterday’s trade. The trading week started with a fall in the Dollar both in relation to the Japanese Yen (JPY), following Prime Minister Abe’s victory in the Upper Chamber elections, and in a stronger Euro. Abe has promised to keep focus on the economy. USD/JPY fell to 99.42 during Monday’s trade. EUR/USD added 100 points during Monday’s trading at 1.3215. The British Pound (GBP) stands at 1,5368 against the green back. Gold reached its highest level in a month and jumped USD 1328 an ounce after dipping below the 1200 level only a couple of weeks ago. Silver has also recovered strongly at 20.42. For the first time in years, New York crude, NYMEX, trades higher than Brent crude, both are above US 108 a barrel. Copyright: MAYZUS Investment Company Ltd
  10. 22 JULY 2013: RECORD HIGH INFLOWS IN STOCKS DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Outstanding quarterly results for the major American banks and the Federal Reserve's (FED) assurances to keep supporting the US economy by continued printing of Dollars, spurred investors to pour more money into US equity funds last week more than any other time since the financial crisis in 2009. Global markets seem to have also regained their appetite for stocks; equity markets being for the moment by far the best sector to invest money into. The three major US-indexes; Dow Jones Industrial, the technology heavy NASDAQ and S&P financials have posted one record after the other in July, after being rocked by volatility in May and June. The big banks: Bank of America, Citigroup, Goldman Sachs, J P Morgan Chase, Morgan Stanley and Wells Fargo, have all beaten analysts forecasts for their quarterly earnings. S&P hit a record USD 15 trillion after the three biggest banks posted USD 23.12 billion of net income for the three months leading up to July, the highest being reported since the second quarter of 2007. It is, however, worth being reminded that only one year later, in 2008, financial markets suffered their worst crisis in decades and brought the liberal market economy on the verge of collapse. Some analysts foresee a similar development when FED finally decides to terminate its excessive bond buying program. For now, the market is run by optimism. S&P financials index is up more than 6 % in July. There has been a strong increased demand for trading and investment banking services. The record inflows into the stock market contrast with money pulled from bond funds. Last week saw outflows of USD 1.7 Billion from investment-grade debt funds and another billion of outflows from US treasuries as investors turned away from assets regarded as “safe”. The riskier high-yield bonds saw USD 4 billion in inflows: the highest level in two years. Exchange traded funds which track US stocks, have, over the last month, attracted USD 24.4 Billion in inflows, four times higher than in the previous six months. Copyright: MAYZUS Investment Company Ltd
  11. 19 JULY 2013: SHARP FALL IN JOBLESS CLAIMS DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments New claims for jobless benefits dropped last week to their lowest level in four months. This will probably bolster expectations that the US Federal Reserve (FED) will start tapering its monetary stimulus this year. The improved jobless data came just one day after FED Chairman Ben Bernanke made his presentation to Congress where he made the continuation of the bond buying program dependent on the “health” of the US economy. The initial claims for state unemployment benefits fell by 24 000 to seasonally adjusted 334 000. The fall was much deeper than analysts had predicted, and appeared to back the case for FED winding down the bond buying during 2013. The Dollar extended gains against the Yen, a sign that investors are betting on tighter monetary policy in the future. Overnight the Euro has gained ground against USD trading at 1.3137. USD/JPY trades at 100.10. In other developments the international rating agency Moody’s has raised the outlook on the US economy from negative to stable, and affirmed the country’s triple-A- rating. Moody’s is citing steady growth despite the reduced government sending. The US budget outlook has improved in recent months, alleviating some of the pressure on policy makers for further budget cuts and more fiscal compromises. In May, the Congressional Budget office stated that the deficit is shrinking faster than any other time since 2008. Better than expected earnings took Dow Jones and S&P 500 to new record highs yesterday. Morgan Stanley jumped 4.4 % and posted a 42 % increase in quarterly profit. 76% of the financial reporting earnings have surpassed estimates. Health and health insurance stocks beat expectations while Microsoft failed to deliver. Dow Jones climbed to 15 589. S&P’s new record is 1693. The Japanese Nikkei, which reached a two-month high earlier in the week, slid 1.1 % on profit taking and fear that nationalistic policies will be given priority at the expense of structural reform. Copyright: MAYZUS Investment Company Ltd
  12. 17 JULY 2013: WEAK DOLLAR AHEAD OF BERNANKE’S SPEECH DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments The Dollar DXY traded at a three-week low, down 0.7% against a basket of six major currencies on Tuesday, on expectations that the Chairman of the US Federal Reserve (FED), Ben Bernanke, later today will reiterate FED’s lose monetary policies. Bernanke is due to testify to Congress over the next two days. The Dollar has, over the last 24 hours, lost ground both to the Euro and Japanese Yen. EUR/USD trades at 1.3141 and USD/JPY at 99.37. Asian stocks gained in morning trade. Hong Kong’s Hang Sheng index added 0.8 % and Seoul shares in South Korea were up 0.9 %. All the American indexes slightly dipped yesterday after continuous record breaking sessions. Intel was the winner while Coca Cola, Walt Disney and Boeing gave up around 1.5 %. Precious metals have stabilized. Gold was trading at USD 1291. Silver stays steady at USD 20 an ounce. There are small changes in commodities and oil. Brent crude trades at USD 108 a barrel. Bernanke’s comments last week concentrated on the need to keep a highly accommodative monetary policy for the foreseeable future. That wrong footed investors who had bet on tapering in FED’s bond buying program as soon as September. That led to a sharp fall in the Dollar. Investors are, prior to today’s session, betting on that Bernanke might avoid being too “hawkish” not to talk down stocks. Bernanke will once again be faced with a delicate balancing act between assuring and enduring Central Bank support for the US economy with a reminder that the ultra-easy policies cannot last forever. Bernanke set off a brief global sell-off when he outlined plans to reduce the bond-buying. This was balanced with a strong reiteration that the interest rates would be kept at the present low level. More firm indications as to when FED will start tapering, will strengthen the Dollar and weakenen global stock markets. Copyright: MAYZUS Investment Company Ltd
  13. 16 JULY 2013: WEAKER US-RETAIL PROLONGS TAPERING DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Weaker than expected US retail forecasts presented yesterday, backed the view that the US Federal Reserve (FED) will hold off reducing its bond buying stimulus anytime soon. This had the Asian Pacific MSCI-index to inch another 0.1 %. DXY, the US Dollar index measured against a basket of six major currencies edged lower. EUR/USD is steady at 1.3071, while the Japanese Yen lost ground against the green back at 99.77 Yen a Dollar. The Australian Dollar was slightly stronger as the Reserve Bank of Australia kept its monetary policies unchanged. FED Chairman Ben Bernanke is going to present on Wednesday the twice-yearly monetary policy report to Congress, giving new clues to FED's thinking on when to start tapering. US stocks were slightly up on Monday with Boeing, up 3.72 % as the winner. Citigroup presented strong quarterly results and the S&P ended higher for the eighth straight day which is the longest streak since mid-January. US retail sales data increased 0.4 %, half the rise economists had forecasted. FED has focused on the labour market improvements, to decide when to start tapering monetary easing, but weakness in the consumer sector could indicate broader economic problems and lower US growth expectations. There are no big changes in the currencies picture, but the Yen can face new pressure as the week progresses. Forthcoming elections to the upper Japanese chamber might result in a big victory for Shinzo Abe’s party and give new momentum for aggressive monetary easing. The Euro keeps steady, but a slide in German exports, political wrangling over austerity measures in Portugal and opposition leaders in Spain asking for Primes Minister Mariano Rajoy to step down after a financial scandal in his party, create fresh concern as to the further direction of the common currency. Commodities were mixed after the presentation of China’s GDP yesterday. Both New York crude, NYMEX, and Brent are keeping up. Gold is slightly lower at USD 1280 an ounce. Copyright: MAYZUS Investment Company Ltd
  14. WEEKLY WINNERS OF THE MAYZUS FOREX DEMO CHAMPIONSHIP FOR THE WEEK 8 - 12 JULY 2013 MAYZUS Investment Company is pleased to announce weekly winners of the Forex Demo Championship for the week 8 - 12 July 2013 1st Place – Prize $1000 goes to: HasanD, acc. 442384 2nd Place – Prize $800 goes to: Aliska, acc. 459408 3rd Place – Prize $500 goes to: aporlos1000, acc. 448042 Most Active Trader Award – $100 goes to: PulatR, acc. 440619 Congratulations to all winners! To learn more about results from previous weeks and to track the live results of this week, please click here. We would like to take this opportunity to thank all participants and to warmly invite all of our clients to take part in our weekly Forex Demo Championship.
  15. 15 JULY 2013: BETTER CHINESE DATA BOUNCE ASIAN STOCKS DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Better than feared Chinese second-quarter economic growth erased early losses in Asia, and boosted the Australian Dollar at the beginning of a new trading week. China’s GDP cooled to 7.5 % from 7.7 % in the same quarter last year. The data were, however, better than expected and investors heaved a sigh of relief. The Asian Pacific, MSCI-index rose 0.4 % after starting the week in negative territory. Other Asian markets were up from 0.3 – 0.9 %. Shanghai added 0.91 %. Weaker Chinese export/import figures presented last week caused global markets to shiver with good reason. The key behind the subdued growth and slight GDP turn down is weak exports. But domestic demand has, according to analysts, kept up quite well through the second quarter. There is a downward global risk weighing on the Chinese markets, along with newly imposed stricter credit controls. The downward risks in the Chinese economy have, however, not worsened materially, which the latest data confirm. Despite the reversal Asia underperformed compared with the US, their stock peers, hit record closing highs for a second session on Friday, sparked by Federal Reserve Chairman Ben Bernanke’s pledge to keep monetary easing for some time. The continuation of a loose US monetary policy weighed significantly on the USD. The DXY index, where Dollar is weighed against a basket of six major currencies, fell 1.7 % last week. The weaker Dollar helped the Euro recover from last week’s low on 1.2755. It jumped to 1.3208 and trades at 1.3072. The Chinese data helped the long declining Australian Dollar to reach 91.10 after falling below 90 US cents on Friday. Commodities with copper raised 0.4 %. Oil prices are steady with Brent crude trading close to USD 109 a barrel. Precious metals continue the positive trend from last week with gold at USD 1291 and silver USD 20.10 an ounce. Copyright: MAYZUS Investment Company Ltd
  16. ANOTHER VICTORY FOR MAIRIS BRIEDIS! MAYZUS Investment Company is proud to announce to its clients and fans of Latvian boxer Mairis Briedis, that he won his most recent fight against his best opponent yet, 32-year-old French heavyweight boxer Jeremy Bath (Jeremy Ouanna)! The ‘Bigger’s Better’ tournament took place in Greece in Sithonia. The fight lasted all 8 rounds and even though Briedis tried to find an opening, he didn’t manage to find the opportunity to finish the fight with a knockout. The young boxer took this in his stride, and had a great experience, realizing all the benefits he gained from a longer fight. Going all 8 rounds with Bath was excellent training and built up his stamina for much anticipated 12 round matches in the future. The fight became challenging for Briedis when he suffered a stitch in the 4th round, which lasted far into the 7th. Fortunately, the pain subsided, and Briedis finished the fight in full swing! This victory is particularly significant for our favorite boxer as he climbed 28 positions, becoming number 37 in the world boxing rankings! Over the last few months we have watched the rising star go from strength to strength, and we continue to support him in achieving his goals. We are awaiting incredible achievements this year as Mairis Briedis plans to take a European title! Each and every upcoming fight is getting more and more exciting as we wait for his dreams to be fulfilled. Mayzus Investment Company congratulates Mairis on his latest victory, and wishes him the best of luck in the months to come. To keep updated on Mairis Briedis, please follow our Company news, Facebook, or Mairis Briedis’ Sponsorship page.
  17. MAYZUS LAUNCHES THREE NEW DEMO ACCOUNTS! Mayzus Investment Company is excited to announce the launch of three new Demo Accounts, Demo Lite, Demo Real, and Demo STP! Now you will be able to choose the Demo Account and conditions that are appropriate for you, from 4/5 digit’s, ‘fixed’ or ‘market’ spread, ‘market’ or ‘instant’ execution, leverage up to 1:500 and much more! Go to our Accounts page to select your preferred Demo Account, all of which reflect the absolute same conditions as our corresponding REAL Accounts! If you currently have a REAL account with us, why not try our other Demo’s to see if they are more suited to you?! We trust you will enjoy trading on our new Demo Accounts, and look forward to following your progress in our weekly Demo Championship!
  18. 12 JULY 2013: RECORD RUSH ON WALL STREET DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Dow Jones and S&P jumped to an all time high and the technology heavy Nasdaq index reached the highest level since 2000, in the aftermath of the publishing of the US Federal Reserve (FED) minutes and new statements by Chairman Ben Bernanke in Boston yesterday. EUR/USD, which fell to 1.3208 Thursday morning recovered during the day, but dipped back to 1.31 following Bernanke’s strong commitment to keep interest rates at the present low level. It trades at present at 1.3081. Bernanke’s speech reiterated that the US economy is volatile. The 7.6 % unemployment is far from FED’s 6.5 % target for the labour market. The jobless claim numbers for last week published yesterday were higher than the previous week and confirm Bernanke’s soberness. The markets interpret his comments as a confirmation that a September tapering of monetary easing is not in the cards. As several FED members stressed in the June Minutes, the bond buying program will continue into 2014. This boosted stock markets and led to termination in stock short positions yesterday. In Asia the Asian Pacific MSCI-index lost steam after three winning sessions, ending up only 0.2 % as markets brace for Chinese GDP data early next week. China’s weak foreign trade data for June provide a pessimistic edge to the second quarter estimates, which probably will show that GDP has slowed further. The government’s official forecast on 7.5 % economic growth set for 2013 might prove to be too optimistic. After a 24 hour heavy sell off in the Dollar as investors cut bullish positions on Bernanke’s pledge, currency markets are steadier into the last trading day of the week. The Dollar index, DXY, experienced its steepest fall in four years. Some analysts see the fall in the Dollar as a buying opportunity on expectations of a FED autumn tapering on the presumption of US GDP growth in the third and fourth quarters. Oil lost momentum when traders took profit following a three week rally that lifted prices to a 15 month-high. US crude, NYMEX, eased back to USD 105 a barrel reaching 107.45. Copyright: MAYZUS Investment Company Ltd
  19. MAYZUS STP PROMO STP (Straight Through Processing) is the automated execution method that provides traders direct access to the interbank liquidity. Orders are executed immediately without re-quotes. MAYZUS Investment Company team continues to streamline its wide range of product and services by creating thought-through, advanced trading options to match every client’s expectations. MAYZUS is honored to present its STP Account -a new leading edge trading account for experienced traders. The privileged STP account is oriented towards institutional clients as well as private investors. STP account provides a direct access to liquidity and Interbank pricing. It features the best prices from the top-tier liquidity providers, low spreads, 5 digits pricing and even allows hedging and scalping trading strategies. Now you have the opportunity to open MAYZUS STP PROMO account with as little as 500USD! To offer you the most favorable conditions we have lowered the initial deposit, increased leverage, and decreased the minimum trade size! Initial Deposit: 500 USD Minimum Trade Size: 0.05 Leverage: 1:300 Now you can enjoy direct access to the interbank liquidity, the best prices with 5 digit pricing precision, no re-quotes, and no strategy limitations- all of this with an affordable investment on your part! Hurry Up! STP Promo accounts will be offered only till the end of July!
  20. 11 JULY 2013: USD SUFFERS HEAVY LOSSES DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Currency markets turned completely upside down over the last twelve hours, with the Dollar losing heavily towards all major currencies. EUR/USD has gained close to 300 points over the last 24 hours and trades at 1.3136. Japanese Yen (JPY) and British Pound Sterling have posted similar gains against the green back. USD/JPY brushed back through the 100 level and trades at 98.54. USD/GBP, which traded at the 1.47 level at the beginning of the week, stands at 1.5157. The weaker Dollar has caused commodities, oil and precious metals to skyrocket. Two factors have impacted the fall in the Dollar. After publishing of US Federal Reserve (FED) minutes for June, Chairman Ben Bernanke reiterated the low interest rate policies which impacted the Dollar; FED is in no rush to raise interest rates. The minutes showed disagreements among members when the bond buying program should be terminated. A majority wished to pare down bond purchases in 2013 while other members stressed asset purchasing would be needed in 2014 also. What really triggered the fall in the Dollar was a statement from the Bank of Japan (BOJ) raising its assessment of the economy, but cutting the growth and inflation outlooks. The forecast for Japanese inflation in 2014 was put at 0.6 instead of 0.7 percent. Earlier this week the Euro hit a three-month low against the greenback on diverging monetary policy expectations between central banks. The conditions of the US economy would therefore be decisive for the currency pair. Statistics on retail sales and consumer prices due later in the week are going to be closely watched. The long term perspective on the Euro is bearish, but it seems likely that EUR/USD might correct higher in the short run. The DXY index, which measures the Dollar against a basket of six other major currencies, stumbled from 84.027 to 82.693; even the embattled Australian Dollar gaining ground. Gold jumped to USD 1286 up 2.2 %. Silver is up 3 %. NYMEX, New York crude, stands at record USD 106 a barrel and Brent trades at USD 108.28. Copyright: MAYZUS Investment Company Ltd
  21. 10 JULY 2013: CHINA FACES “GRIM” TRADE OUTLOOK DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments Both import and export figures in the second-largest economy in the world fell in June. Exports fell 3.1% from the previous year, while imports dropped 0.7%. Trade figures were expected to rise. The fall in import and export follow a government crackdown on the use of fake invoicing that had exaggerated exports earlier this year. The figures raise fresh concerns about the slowdown in China and global demand. A spokesman for the Chinese customs authority stressed that China faces stern challenges and “exports in the third quarter look grim”. The customs agency said exporters are losing confidence faced with weak overseas demand, rising labor costs and a strong Yuan currency. The Australian Dollar fell immediately in the trade figures, reflecting worries about Chinese demand for Australian commodities, such as iron and coal. In spite of the weaker figures, China had a trade surplus of USD 27.1 billion in June, in line with the USD 27.0 billion forecast. Economic growth in China in 2013 is still expected to be 7.5 %. The grim trading figures created expectations that the Chinese Central Bank might ease policy to boost growth. These expectations made Chinese shares rise sharply. The major Chinese index gained 2.2 % on the easing talk. The MSCI-index for Asia Pacific also gained 0.7% boosted as well by Wall Streets optimism for US company earnings. Copper prices added 0.5 % and both Brent crude and the New York NYMEX, trade higher on USD 108 and 104 a barrel respectively. Concerns over China pulled the Dollar DXY down from a three-year high against a basket of major currencies. The Dollar fell 0.6% to 100.52 Yen. The stronger Yen impacted the Nikkei index which fell 0.4 %. Investors are betting on further Dollar gains as the US Federal Reserve (FED) prepares to scale back on its USD 85 billion a month stimulus program. The minutes from FED’s June meeting will be published later today, accompanied by a statement from Chairman Ben Bernanke which is expected to give the Dollar a further boost. Copyright: MAYZUS Investment Company Ltd
  22. 09 JULY 2013: USD CORRECTS DOWN REACHING 3-YR HIGH DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments US Dollar corrected down 0.3 % after the DXY: a basket of major currencies weighed against USD, reached a 3-year high yesterday. EUR/USD traded at 1.2876 after dipping close to 1.28. USD lost to JPY with 100.93 Japanese Yen paid for a Dollar. Oil prices, which jumped, after new clashes over the weekend between supporters of President Mursi and his Muslim Brotherhood and the military forces, left 17 dead in Cairo's streets. Brent lost 29 cents to USD 107.43 a barrel. NYMEX, New York crude, stood at 103.14. Gold gained 20 Dollars to 1228 on a weaker Dollar. Alcoa, the alloy giant, was, as always, the first company to present quarterly results. The report was slightly better than analysts expected. Global stock markets were strong on Monday with European and US indexes posting gains. Asia started the week in red Monday morning after credit worries in China. Nikkei was the only Asian exchange gaining ground on a weaker Yen boosting exports. Also on Monday a US advisory company recommended shareholders to accept Michael Dell’s USD 24.4 Billion buyout offer. In Brussels, Greece secured a Euro 8.7 Billion lifeline. The Samara's government came under heavy pressure before yesterday’s Minister of Finance meeting. The new bailout tranche was given on the condition that Greece deliver on its promise to cut 12 500 jobs in the public sector and continue vigorous austerity efforts. Bailout funds might be withheld if these conditions are not met. In a situation where the US Federal Reserve (FED) due to slightly better data, probably might start tapering monetary easing already in September, both the European Central Bank (ECB) and Bank of England (BOE) have stated willingness to go in the opposite direction and follow FED’s earlier example to ease monetary policies and actively use the printing press. This has put the British pound (GBP) under strong pressure. USD/GBP has fallen below 1.50 trading at 1.4955, the lowest level seen in a long time. Copyright: MAYZUS Investment Company Ltd
  23. Forum promo for users from Indonesia, Bangladesh and Pakistan Due to increased number of users providing modified documents, as proof of identity and proof of address, the Forum Promo by Mayzus Investment Company Limited shall be temporarily discontinued for users from Indonesia, Bangladesh and Pakistan until the further notice. Users who are identified to have provided modified documents shall be removed from the participation in the Forum Promo. If you have any questions or concerns, please contact Company’s support center via [email protected] with the subject of the email “Forum promo for users from Indonesia, Bangladesh and Pakistan”.
  24. WEEKLY WINNERS OF THE MAYZUS FOREX DEMO CHAMPIONSHIP FOR THE WEEK 1 - 5 JULY 2013 MAYZUS Investment Company is pleased to announce weekly winners of the Forex Demo Championship for the week 1 - 5 July 2013 1st Place – Prize $1000 goes to: chester, acc. 438754 2nd Place – Prize $800 goes to: Perot, acc. 458692 3rd Place – Prize $500 goes to: a-eighty7, acc. 458847 Most Active Trader Award – $100 goes to: Siddiqi, acc. 447875 Congratulations to all winners! To learn more about results from previous weeks and to track the live results of this week, please click here. We would like to take this opportunity to thank all participants and to warmly invite all of our clients to take part in our weekly Forex Demo Championship.
  25. 08 JULY 2013: STRONGER LABOR DATA STRENGTHENS USD DAILY MARKET REVIEWS by Arne Treholt Vice-President of Business Development and Investments US stocks jumped one percent on Friday, while the Dollar rallied, and interest rate on debt treasury bills fell as the US labor market presented stronger data than expected, showing that the US economy is on a more solid footing. The data will be a strong argument for the Federal Reserve (FED) to start tapering the bond buying program already in September. Non-farm payrolls increased with 196 000 in June. Unemployment stays at 7.6 %. FEDs official target for a healthy unemployment bill stays at 6.5 %. The Dollar index, DXY, against a basket of major currencies is strongly up. EUR/USD traded Friday on 1.2831, the lowest level seen in months. The trend towards a weaker Euro is most likely to continue this week, with USD/JPY moving towards an earlier peak on 103 Yen against the Dollar. Commodities listed in USD are falling with the strength of the Dollar. Precious metals are again hard hit with Gold falling 2.1 %. EU finance ministers are meeting in Brussels today to decide on releasing a third bailout and rescue package on 8.1 billion Euro for Greece. The troika of lenders; The European Central Bank (ECB), EU-commission and International Monetary Fund, IMF, have expressed strong dissatisfaction with the slow implementation of the 12 500 reduction of civil servants. The troika has been under fire for the austerity measures undertaken against Greece. An IMF representative admitted lately that their policies had aggravated the problems in the Greek economy. The EU Commission has flatly rejected these claims, and the Finance commissioner for EU, Olli Rehn, stated that Greece has to intensify its reform commitment. The Samara's three party government, consisting of the EK right party, social democratic PASOK, and left of center party, has steadily lost authority, threatening Greece with new elections and an unpredictable outcome most likely strengthening the socialist left and the far right Golden Dawn party. Both parties reject continued austerity measures. Copyright: MAYZUS Investment Company Ltd
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