Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
--
F: --
P: --
--
F: --
P: --
--
F: --
--
F: --
P: --
--
F: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
The Saxo Quick Take is a short, distilled opinion on financial markets with references to key news and events.
West Texas Intermediate (WTI) Oil price extends its gains for the second consecutive day, trading around $70.40 per barrel during Asian hours on Friday. The rise in crude Oil prices was supported by an unexpected drop in US Oil inventories.
According to the Energy Information Administration (EIA), US Crude Oil Stock fell by 2.192 million barrels in the week ending October 11, defying market expectations of a 2.3 million barrel increase and contrasting with the previous week's 5.81 million barrel rise.
In addition to the drop in US Oil inventories, rising tensions in the Middle East are providing further support for Oil prices. Israel's military and the Shin Bet security service confirmed on Thursday that Yahya Sinwar, the Gaza Strip Chief of the Palestinian Islamist group Hamas, was killed by Israeli forces during an operation in southern Gaza on Wednesday.
The killing of Sinwar has heightened concerns, especially among the families of Israeli hostages taken to Gaza by Hamas, who fear their loved ones may now be in greater danger following the killing of the militant leader, according to Reuters.
However, the upside potential for WTI Oil prices may be limited as the EIA report showed that US crude Oil production reached a record high of 13.5 million barrels per day last week. Additionally, Libyan Oil output has resumed, and the Organization of the Petroleum Exporting Countries and their allies (OPEC+) have plans to further unwind production cuts in 2025, as reported by Reuters.
On Tuesday, the International Energy Agency (IEA) indicated that the global Oil market is heading for a significant surplus in the coming year. While world Oil demand is expected to rise by 860,000 barrels per day in 2024, this is a downward revision of 40,000 barrels per day from the previous forecast. The IEA attributed this to slower economic growth in China and a shift toward electric vehicles, which have begun to reshape the Oil demand outlook for China, the world's largest Oil importer.
Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further.
The data will be among factors the Bank of Japan (BOJ) will scrutinise at this month’s policy meeting, when the board releases fresh quarterly growth and price forecasts.
The core consumer price index (CPI), which includes oil products but excludes fresh food prices, rose 2.4% in September from a year earlier, data showed on Friday, compared with a median market forecast for a 2.3% gain.
The slowdown from a 2.8% rise in August was due largely to the government’s rollout of temporary subsidies to curb gas and electricity bills, which will likely weigh on core inflation in the coming months.
An index stripping away the effects of fresh food and fuel, which is closely watched by the BOJ as a better indicator of demand-driven price moves, rose 2.1% in September year-on-year, after a 2.0% gain in August.
"We expect inflation, excluding fresh food and energy, to remain around 2% until early next year, when it should gradually fall below 2%," said Marcel Thieliant, head of Asia-Pacific at Capital Economics.
"Accordingly, we still expect the Bank of Japan to press ahead with another interest rate hike before year end."
Japan’s core consumer inflation has exceeded the BOJ’s 2% target for well over two years, prodding the BOJ to end negative rates in March, and raise short-term rates to 0.25% in July.
BOJ governor Kazuo Ueda has said that the bank will keep raising rates if inflation remains on track to stably hit 2% as it projects. But he stressed that the bank will spend time gauging how global economic uncertainties affect Japan’s fragile recovery.
Japan’s economy expanded an annualised 2.9% in the second quarter, as steady wage hikes underpinned consumer spending, though soft demand in China and slowing US growth cloud the outlook for the export-reliant country.
Ueda has said that the driver of inflation must shift to solid domestic demand and wage growth, from rising raw material prices, for inflation to durably hit 2%.
That has put the focus on whether higher wages will prod firms to hike prices for services.
Service inflation slowed to 1.3% in September, from 1.4% in August, the CPI data showed, a sign that companies were passing on rising labour costs only at a moderate pace.
No policy change is expected at the BOJ’s next rate review on Oct 30-31, though markets are divided on whether the bank could hike rates in December, or wait until January.
A slim majority of economist polled by Reuters saw the BOJ forgoing a hike this year, with most expecting the central bank to raise rates again by March next year.
Markets traded mostly sideways through the press conference as no guidance was given of how aggressive the cutting cycle will be or the potential end-point.
The ECB judged that since the last GC meeting in September ‘The incoming information on inflation shows that the disinflationary process is well on track.’ And that the ‘inflation outlook is also affected by recent downside surprises in indicators of economic activity’. This morning the final inflation release also confirmed the surprisingly low inflation momentum, driven by services, which supported the ECB’s assessment. During the press conference Lagarde said they were ‘all a little bit surprised by the acceleration’, with a reference to the inflation print of 1.7% y/y in September.
Listening to Lagarde yesterday, it was clear that the weakening of ‘all indicators’ since the last meeting has come as a surprise for the governing council. This raises the question of whether the ECB should intensify its efforts towards policy easing. However, the ECB is still seeking clarity on whether the current tight financial conditions have adequately addressed the underlying drivers of inflation. The labour market continues to demonstrate resilience, although employment has recently plateaued, and domestic inflation remains high at nearly 4% (3.9% in September), propelled by sustained wage pressures. The ECB still observes signs of profit margins absorbing rising costs, which is crucial for the continuation of the disinflationary process. However, it remains concerned that the current resumption of household purchasing power might fuel future inflation. The substantial data package (e.g. 2 x PMI, 2 inflation prints) prior to the December meeting could become instrumental for the staff projections and to what degree the risk of undershooting the inflation target has risen recently. At yesterday’s meeting, Lagarde remained hesitant about making any clear judgements, but recall that just a month ago, ECB members seemed split on the need to cut rates at the October meeting. Yesterday, the decision was taken unanimously.
The ECB’s decision also included an interesting reference to financing conditions remaining restrictive; however, with the weak economic activity and disinflationary process on track, the question becomes for how long should we expect the ECB policy stance to stay restrictive? In our baseline scenario, we see the ECB only cutting to 2%, which is broadly considered the neutral policy rate by the end of next year. However, the bigger question remains whether there is a risk of the ECB feeling the need to cut slightly below that. Markets are pricing this at around 40% .
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.