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★★★ July 17: economic & forex news ★★★

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Tuesday, July 17, 2012 - 06:08

 

 

 

http://www.fbs.com/sites/default/files/image/analysis/July2012/17_07_12/utro_eng.jpg

 

Ben Bernanke is once again the hero of the market’s expectations: investors expect to hear his hints on further monetary easing as he testifies to Congress today. It’s obvious that US economic recovery really is stumbling: data released yesterday showed that retail sales fell for a third month in June, contracting by 0.5%. The Fed’s chief is speaking in front of the Senate Banking Committee and the House Financial Services Committee tomorrow. US dollar’s weakening versus the majority of its counterparts on the news.

 

Also watch for US CPI data later today. Median forecast is that US CPI was unchanged last month from May when it declined by 0.3% (m/m). Annual inflation is seen sliding from 1.7% in May to 1.6% in June, below the Fed’s 2% medium-term target – another argument for more QE.

 

EUR/USD trades on an upside for a third consecutive day ahead of the ZEW economic sentiment release. The release may show today that the index of German investor expectations slid to minus 20 this month (the lowest since January) from minus 16.9 in June. Moody’s rating agency downgraded 13 Italian banks tonight. The IMF has slightly lowered its outlook for global growth in latest report on the world economy.

 

AUS/USD appreciates as the RBA meeting minutes released today made the new rate cuts less likely. The Australian policymakers reveal confidence in economy: national labor market looks stronger, China's economy wasn't slowing as much as previously anticipated and the overall mood in euro area seems to be better on the back of progress made by EU leaders late June. However, the euro zone’s debt woes still threaten the Australian economy. NZD/USD is up despite a CPI release (inflation in Q2 increased by 0.3%, what is below a forecasted 0.5% growth).

 

The MSCI Asia Pacific Index (MXAP) of shares advanced 0.6%. The overall market sentiment is positive ahead of Bernanke’s testimony: demand for USD and JPY vs. the other key currencies has dropped. USD/JPY strengthens after a three-day decline after touching the lowest since June 18 yesterday. According to Japan’s finance minister Jun Azumi, gains in the yen were “speculative” and officials will “take decisive action if needed.”

 

 

 

Work with FBS , be friends with FBS and be successful!

 

 

http://i1219.photobucket.com/albums/dd424/registerupload/awa_2010.pnghttp://i1219.photobucket.com/albums/dd424/registerupload/2012-05-26_205315.jpghttp://i1219.photobucket.com/albums/dd424/registerupload/awa_2011.png

 

Fastest Growing Forex Broker Asia 2012

 

thank you for the information sir,

I would definitely pay attention to this

:)

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I get the information from another forum that the FBS was awarded as 'the best mini broker in asia 2012'

Congratulations!

 

http://img4.uploadhouse.com/fileuploads/16366/16366537-holder-f6ebbf0e13806fd26f9c08d2f47e5200.jpg

 

if that is happen, FBS proved as a great broker who maintain and improvement services to the clients. but right now, i don't see it on fbs website

banner-FBOS_zps31411f51.gif
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if that is happen, FBS proved as a great broker who maintain and improvement services to the clients. but right now, i don't see it on fbs website

 

yup, it will be very nice... But I'm not surprise that FBS get again this award =D Because FBS really always maintain and improvement services to the clients, so no wonder that FBS get again this award

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yeap.. the other until don't be dare to take the risk like FBS about the insurance of trading

 

I agree with you, what a great promotion that FBS give for us =D on the past this promotion is replace the 30% extra deposit bonus,,, but now we can get both promotion now,, FBS really a kind broker

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yeap.. fbs always give us the best promotion and surely comfortable right now with FBS

 

absolutely bro, so many great promotion that we can get for trading from FBS now =D So no wonder that we can get be more comfortable to trading with FBS better than trading with others broker

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I agree with you, what a great promotion that FBS give for us =D on the past this promotion is replace the 30% extra deposit bonus,,, but now we can get both promotion now,, FBS really a kind broker

 

The last promotion which has been replace with breakeven trading was 25% bonus deposit. FBS give bonus deposit bigger then the last one, from 25% to 30%.

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I agree with you, what a great promotion that FBS give for us =D on the past this promotion is replace the 30% extra deposit bonus,,, but now we can get both promotion now,, FBS really a kind broker

 

We can get double bonus if make deposit using Liberty Reserve.

3% bonus for making deposit by LR and 30% bonus for deposit it self :D

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We can get double bonus if make deposit using Liberty Reserve.

3% bonus for making deposit by LR and 30% bonus for deposit it self :D

 

Yes, you right sir...

both of +30% deposit and LR +3% are very profitable promotion.

we can use it to get more profit in trading

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Update 999 demo contest, only 2 days left for the competition.....

 

№ Account Country City Equity Forum

1 287774 Ukraine Slavyansk 165308.78 grigorev_74

2 282196 Indonesia Jakarta 126374.22 putu_1972

3 282971 Russian Federation Krasnodar 113032.59 genetl

4 284522 Estonia Valga 101278.64 hodorkin

5 282463 China Chengdu 78499.84 feng_1948

6 282462 Indonesia Tangerang 60718.65 nur_78

7 287625 China Jinhua 57004.38 yu_j

8 284029 Indonesia Kebumen 55129.00 herry_h_76

9 283541 Ukraine Komsomolsk 54813.36 rsakom

10 282256 Indonesia Manado 49556.72 arivin

http://www.fbs.com/999-demo-contest/participants?type=cur

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i think..this is the final result of 999 FBS demo contest:

http://img337.imageshack.us/img337/3310/99919juli2012.jpg

Congrate for all winner!!! ;)

 

i think so... because only 2 days left for the competition..... but i proud because from Indonesia can be one of the three top position on FBS Demo Contest.....

Earn 6% CASHBACK from FXB Trading

 

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