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.

Last week began with significant increase in the US stock market.

Information about an agreement between the United States and China on the first phase of the trade transaction led to the de-escalation of tension between the two largest economies and the removal of one of the obstacles to global economic growth. US Trade Representative Robert Lighthizer said the day before that the usual “clean-ups” would be added to the text of the agreement, but “it’s completely ready,” adding that the parties have yet to determine the date and place of official signing. He also noted that the deal would almost double US exports to China in the next two years. Strong optimism was also fueled by strong economic data from China.

On Tuesday, the growth continued at slightly slower pace. Investors "cooled down" after the recent rally amid euphoria from the agreements between the United States and China. Market participants drew attention to exceeding expectations data on housing and industrial production. According to the report of the Department of Commerce, in November US housing construction grew more than expected, and the number of permits for future housing construction rose to a 12.5-year high, as lower mortgage rates continue to stimulate the housing market and support the economy as a whole. In turn, the Fed said industrial production rose 1.1% in November, as the end of an almost 6-week strike at General Motors factories led to an increase in automobile production. Excluding automobiles and spare parts, industrial production in November grew by 0.5%. The total industrial output was expected to grow by 0.8%.

On Wednesday, major US stocks mostly declined, and broke off their five-day rally. Indices were pressured by a strong fall in FedEx (FDX) after posting disappointing quarterly reports. Meanwhile, recent strong US economic data has weakened the likelihood that the Fed will continue its cycle of lowering interest rates in 2020. US industrial production recovered in November, mainly because the General Motors Co workers' strike ended. Separate data showed that the laying of new homes and the number of building permits grew more than expected, and the number of vacancies was higher than forecasts, which suggests that the US labor market remains strong.

On Thursday, the dynamics changed to positive direction after a statement by US Treasury Secretary Steve Mnuchin that Washington and Beijing will sign the first phase of the trade deal in early January. At the same time, investors ignored the impeachment of the US president. Market participants also analyzed a block of ambiguous macro statistics. Thus, the report of the Ministry of Labor showed that the number of initial applications for unemployment benefits in the United States fell from more than two-year highs. According to the report, the number of initial applications for unemployment benefits fell by 18,000 to 234,000, seasonally adjusted for the week before December 14. Economists predicted that the number of hits would fall to 225,000.

The week ended in the "green" zone. In addition to optimism about the agreements between China and the USA, the reason was a whole block of macroeconomic statistics. The Department of Commerce report showed that US economic growth accelerated in the third quarter, as previously anticipated. According to a third estimate, US GDP rose 2.1% year over year in the last quarter. This was unchanged from preliminary estimate last month. Between April and June, the economic growth was 2.0%. In another report, the Department of Commerce reported that US consumer spending rose 0.4% in November after rising 0.3% in October. This coincided with the forecast of economists. Meanwhile, consumer incomes rose 0.5% after revised upward growth by 0.1% in October. Economists expected growth rate of 0.3%.

Company news

30.12.2019 Changes in the trading schedule and working hours during the new year holidays Read more ...
30.12.2019 Happy New Year 2020! Read more ...
30.12.2019 Week of the super benefits from Bulltraders.com! Read more ...
24.12.2019 Changes in the schedule of trading sessions in connection with the celebration of the Catholic Christmas. Read more ...
22.11.2019 International exhibition London Summit 2019 Read more ...
Show all

Expert view

12.01.2020 Complicated week Read more ...
12.01.2020 Turkish Stream is functioning Read more ...
29.12.2019 Last trading week Read more ...
29.12.2019 Focus on Syria Read more ...
22.12.2019 Rally 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