Attention! Important information.

Dear visitor, your ip address refers to the country in which the company's services cannot be provided.
The list of these countries includes: USA, Japan, North Korea, canadian provinces of British Columbia, Quebec and Saskatchewan.

Please accept our apologies. With best regards, Bulltraders.com.

The expectations that China and the US will reach the first phase of the trade deal pushed the US stock market up.

The reason for optimism was the reports of the Chinese edition of the Global Times that Beijing and Washington reached a common consensus, necessary for concluding the first phase of the agreement, including the issue of tariff cancellation. Investors took into account statements by US National Security Advisor Robert O’Brien that the deal could still be concluded by the end of the year. However, he also warned that US President Trump did not intend to ignore the ongoing protests in Hong Kong.

On Tuesday the growth continued, and major stock indexes updated historic highs. The rising of Walt Disney Co. (DIS) and Best Buy (BBY) leveled the fall of Dollar Tree (DLTR) stocks and disappointing US consumer confidence. According to the Conference Board report, the consumer confidence index fell to 125.5 in November from a revised upward increase of 126.1 in October. Economists expected the index to rise to 127.0 from 125.9, which was originally reported the previous month. The unexpected drop in the overall index occurred amid a deterioration in the component of the current situation - to 166.9 from 173.5 in October. In addition, a report released by the US Department of Commerce showed that sales of new homes fell 0.7% to an annual level of 733,000 in October, after rising 4.5% to a revised upwards figure of 738,000 in September. Economists expected sales to rise 1.1% to 709,000 from the 701,000 in September that were originally reported.

On Wednesday, the positive trend continued due to positive expectations of a trade deal between the US and China. In addition, macroeconomic data demonstrated the sustainability of the US economy. The Commerce Department said US economic growth accelerated somewhat in the third quarter amid higher stockpiling rates and less dramatic decline in business investment. According to the second estimate, US GDP increased 2.1% year-on-year compared with the rate of 1.9% estimated last month. Between April and June, economic growth was 2.0%. Economists forecast that GDP growth in the third quarter will remain at 1.9%. In a separate report, the Department of Commerce also reported that US households increased spending in October by 0.3%. However, expenditures for durable goods, especially for new cars, decreased by 0.7% seasonally adjusted. Economists had expected costs and revenues to grow at 0.3%. At the same time, household incomes as a whole did not change in October, but salaries increased by seasonally adjusted 0.4% per annum compared with 0.1% in September.

On Thursday, US stock markets were closed due to Thanksgiving.

The week ended with slight decline. The main reason once again was the tension between the United States and China. Hong Kong turned out to be a stumbling block. Trump decided on the eve to ratify a bill supporting protesters in Hong Kong. China immediately responded with a statement of “tough countermeasures” if the US continued to intervene in Hong Kong but did not provide any specific details. The market was supported by the holiday shopping season that started in the USA. Adobe data showed that Thanksgiving online purchases jumped 14.5% from a year earlier to a record $ 4.2 billion in the United States. Adobe also predicts Black Friday sales will reach $ 7.5 billion this year, up 20.5%. than in 2018, while sales on Cyber Monday will grow by almost 20% YoY to $ 9.4 billion.

 

Company news

22.11.2019 International exhibition London Summit 2019 Read more ...
21.11.2019 Week of the super benefits from Bulltraders.com! Read more ...
29.10.2019 Week of the super benefits from Bulltraders.com! Read more ...
15.10.2019 The winner of the "Big prize for a big date!" is determined! Read more ...
15.10.2019 The results of the intermediate draw. Read more ...
Show all

Expert view

15.12.2019 Fed's optimism Read more ...
15.12.2019 Long-expected IPO Read more ...
08.12.2019 US China deal: probable or unlikely? Read more ...
08.12.2019 OPEC+ to tighten the deal Read more ...
30.11.2019 Holyday mood at the US stock market Read more ...
Show all

Market news

Show all

The payment services are provided by Cauri LTD, 20-22 Wenlock Road, London, N1 7GU, UK, registered number 09507138
(check https://register.fca.org.uk), Win Pay (check http://win-pay.biz).

RISK WARNING STATEMENT. TO ATTENTION OF TRADERS AND INVESTORS!

Our services include products that are traded on margin and carry a risk that you can lose more than your initial deposit. The products may not be suitable for everyone - please ensure you fully understand the risks involved. There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. It is the responsibility of the Client to ensure that the Client can accept the Services and/or enter into the Transactions in the country in which the Client is resident. If the risks involved seem unclear to you, please seek independent advice.

 

CLIENT AGREEMENT PDF
PRIVACY POLICY PDF
RISK DISCLOSURE STATEMENT PDF
REFUND AND RETURN POLICY
AML&KYC POLICIES PDF
KYT POLICY PDF
FRAUD VERIFICATION PROCEDURE PDF
REGULATIONS OF TRADING PDF
RESPONSIBLE ATTITUDE