As you probably know, low oil prices have had a negative impact on the U.S. shale oil production so far, Market Leader reports. The thing is that the OPEC is still unwilling to cut its oil production amid a global economic slowdown and low global oil demand caused by it. With that said, the steady production coupled with low demand keeps on increasing the oversupply in the global market of crude oil, thereby pushing the prices to new lows almost on a weekly basis.
Market Leader previously told the reader about Arsenal FX, which is relatively new but fairly promising Forex company. It was founded in 2012. Still, over the course of nearly 3 years, the company has already managed to win the hearts and minds of thousands of retail traders and investors from around the globe.
Technology and innovation are obviously some of the cornerstones of success in today’s businesses. Forex brokerage is not an exception. Since the international Forex market is pretty dynamic, both traders and brokers have to improve and to be quick to adapt to all those market changes out there. Only those Forex broker who offer their clients cutting-edge technologies improving their overall performance can b considered long-term survivors these days since the industry is rather tough with dozens (if not hundreds) of counterparts fighting for the same clients.
Apple turns out to be the first American company to exceed the market cap limit of $700bn. at the same time, Apple now enjoys the title of the world’s most expensive company, Market Leader reports.
Success in trading Forex or pretty much any other financial market depends heavily on the reliability of the chosen broker. If the company is actually capable of providing their clients with competitive trading conditions along with security, comfort as well innovative products and technologies, chances are the company the trader is going to be successful in trading Forex in the long run.
A couple of weeks ago, the Swiss National Bank announced its unexpected decisions to unpeg the Swiss Franc from the common European currency (it used to be pegged at 1,2 CHF per 1 EUR). The new came as a surprise, thereby shocking financial markets and causing a lot of financial damage to some Forex brokers and their clients.
According to the OPEC, which is a union of some of the biggest oil exporters in the world, assumes that the current oil prices are still supported by winter weather conditions and accumulated oil inventories, Market Leader reports. According to the oil cartel, oil prices may well dorm further down to $30-35/b by mid 2015. these predictions are backed by low global demand coupled with expanding oversupply at the expense of stably high oil production sown by the OPEC.
FinFX, which is a world-famous Finnish company operating in the international Forex industry, offers all of its existing and potential clients to make use of the benefits of Savi Trading, a brand-new type of live accounts. According to some experts, the service available within the scope of the new type of trading accounts may eventually trigger a revolution in the contemporary trading environment.
According to Axel van Trotsenburg, Vice President of the World Bank, low oil prices are going to have a positive impact on the global economy in the long run. He expressed such ha standpoint of his within the scope of he interview given to The Financial Times.