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 previous week began with a day off, since trading on the US was not held on Monday.

Tuesday was marked by the Chinese threat: market participants critically assessed the situation with the new virus and the prospects for US-Chinese trade relations. According to media reports, official sources confirmed that a new type of coronavirus claimed the lives of six people, and it can be transmitted from person to person. This has created fears of a global pandemic, reviving memories of the severe acute respiratory syndrome, which in 2002-2003. claimed the lives of nearly 650 people in China and Hong Kong. Another concern was the statement by US Treasury Secretary Stephen Mnuchin, who told The Wall Street Journal (WSJ) that reaching an agreement on the second phase of a trade deal with China would not necessarily cancel all existing tariffs on Chinese goods. In addition, US President Donald Trump told WSJ that he was “absolutely serious” about setting tariffs for European cars if there was no trade deal with the EU.

Nevertheless, the next day, the main US stock indices mostly increased, as exceeded quarterly results and forecasts of IBM (IBM) contributed to increased optimism about the corporate reporting season. In addition to IBM, Netflix (NFLX) and Johnson & Johnson (JNJ) also announced their results. . More than 10% of the companies in the S&P 500 index basket have already posted their fourth quarter results. According to FactSet, 75% of these companies showed higher than expected earnings for the last reporting period. In addition, market participants drew attention to the report of the National Association of Realtors, which showed that home sales in the US jumped to their highest level in December in almost two years, which is the latest sign that lower mortgage rates are helping the housing market recover after weakness in 2018. According to the report, home sales on the secondary market grew in December by 3.6%, to a seasonally adjusted annual rate of 5.54 million units, which is the highest level since February 2018.

On Thursday the growth slowed, investors paused after a recent rally. News from China contributed to lower optimism among market participants. On Thursday, China quarantined two cities at the epicenter of a coronavirus outbreak, which killed 17 people and nearly 600 people became infected due to fears that the spread of this virus will accelerate as hundreds of millions of Chinese travel to the country and abroad in the period Chinese New Year celebration.

The week ended with a noticeable decline, as strong reporting by Intel (INTC) and American Express (AXP), as well as favorable data on business activity in the United States, were not enough to outweigh the concerns of investors about the spread of coronavirus. An IHS Markit report showed that in January, US private sector business growth accelerated to a 9-month high. According to the report, the business activity index rose to 53.1 in January from 52.7 in December, which indicates the fastest growth since March last year. As noted by IHS Markit, the January growth was due to a sharper increase in production in the services sector, as production growth in the industry did not change. Regarding the situation around the coronavirus, the US Centers for Disease Control and Prevention confirmed the second case of the disease with a new coronavirus. A resident of the city of Chicago, who traveled to Wuhan, the Chinese city where the coronavirus arose, was infected last December. As a result of the outbreak of the virus in China, 26 people have already died and more than 800 have become infected, causing concern over its impact on the global economy.

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

23.02.2020 Short week at the US stock market Read more ...
23.02.2020 Difficult week for OPEC Read more ...
16.02.2020 Stabilization at the US stock market Read more ...
16.02.2020 Oil crisis in Libya Read more ...
10.02.2020 US stock market to grow Read more ...
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