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CAC40 falls as Le Pen polls ahead of Macron for first time
France's chief stock market, the CAC40, has been in decline for the past five days as opinion polls surrounding the upcoming French Presidential Election put far-right candidate Marine Le Pen a fraction behind incumbent Emmanuel Macron in the second-round runoff for president.To get more news about veracity markets, you can visit wikifx.com official website.
The graphic above shows that whilst Macron enjoys a lead in the first round of polling, the second round head-to-head versus the next most popular candidate pits Macron against Le Pen, and the opinion polls suggest she is the more popular second choice than Macron – albeit by a very fine margin.
Google's charts shows the CAC40 falling from 6,672 points to 6,508 points this week. According to The Guardian the big losers were French banks; Societe Generale, Credit Agricole, and BNP Paribas all seeing share price drops between 4.5% and 5.6%.
Le Pen's growing popularity – and the banking system's unhappiness - stems from promises to nationalise certain parts of France's infrastructure, but also the promise to lower the retirement age to 60; a direct contrast to Macron's desire to raise the age to 65.
Polling is never truly accurate, but given Macron enjoyed a much more comfortable lead at the last election it's telling that he's no longer a certainty as the French leader, and this could have a knock on effect across the Eurozone for investors.
Why the extension of the foreign trade policy could help enhance cross border trade
The current Foreign Trade Policy (FTP), which was set to lapse on March 31 this year, has yet again been extended. The policy has been delayed multiple times since April 1, 2020, largely due to the pandemic. However, this time there are various factors that have come into play– namely the ongoing global supply chain crisis, the geopolitical tensions between Russia and Ukraine, and the irregularity in the Covid-19 norms worldwide.To get more news about fxsway, you can visit wikifx.com official website.
On the other hand, Indian exports have outperformed in recent months and have achieved its ambitious target of $400 billion. This speaks volumes about Indian MSMEs and their resilience as they contribute around 50% to the country’s exports. With Indian MSMEs set to achieve their next leg of growth, this extension presents us with an opportunity to analyze the current FTP and visualize how it can be improved to enhance the export potential of ‘Brand India.’
The FTP 2015-2020 has helped facilitate both policy and procedural streamlining. The formulation of the Service Exports from India Scheme (SEIS) and the erstwhile Merchandise Export from India Scheme (MEIS) are examples of the same. SEIS, which replaced the Served from India Scheme (SFIS), extends benefits to service providers located in India and removes restrictions pertaining to scrips use. On the other hand, the former MEIS scheme provided exporters duty credit scrips to enhance the competit ..
To replace MEIS, the government launched the Refund of Duties and Taxes on Exported Products (RoDTEP) scheme, which has been effective since early this year. The scheme extends benefits to various sectors, including automobiles, electronics and the electrical industry, agriculture, gems and jewelry, and leather. It promises to facilitate the digitization of trade procedures and the rebate system by maintaining an electronic ledger and issuing e-scrips. RoDTEP intends to encourage exporters to be ..
Moreover, the government has expressed its priority to work on the Special Economic Zones (SEZ) policy announced in this budget to make it WTO compliant. Creating our future policies and schemes that adhere to the WTO regulations is a serious task that policymakers have to work toward addressing in the interim. This will ensure India’s export ambitions comply with the WTO mandates to bolster stakeholder confidence and avoid disputes on the international front.
The current FTP also allows the exporters to claim GST refunds on account of IGST paid for goods/services exported and under a bond without the tax payment. SEZs with zero-rated supplies can also claim IGST refunds. Furthermore, scrips can be utilized for various duties, including transitional product-specific safeguard duty, basic customs duty, and antidumping duty for articles covered under the GST scheme.
The MSME sector can gain access to duty credit scripts ranging from 2-7% of the Free on Board (FOB) value of exports. Additionally, the export performance of MSMEs is given double the weightage while examining the parameters for the Status Certificate. The Directorate General of Foreign Trade (DGFT) is also training 90 MSME clusters by strengthening their knowledge of international trade protocols. Also, measures are being taken to develop a robust logistics network through technological interve ..
The export product portfolio could be made more diverse and competitive by recognizing products with the GI tag. The use of the GI tag lends authenticity to Indian products, reinforces buyer confidence, and fetches significantly better pricing for the products. Recently, commerce minister Piyush Goyal also spoke about capitalizing on the very possibility of attaining GI tags for Indian spices to promote ‘Brand India’ on a global scale.
The progress made on the digitization front could further be expanded to recognize the potential of e-commerce in cross-border trade. This could be especially beneficial to small companies which no longer have to deal with shipment and shipment analytics. Instead, such businesses can leverage the strong logistics network and customized analytics that e-commerce offers to reduce the hassles associated with cross-border trade compliance.
Find The Best Trading Broker For You
Trading Brokers is dedicated to bringing traders unbiased broker reviews to help them find the best trading brokers for their online trading needs. Whether you are trading forex, stocks, commodities or cryptos, we have hundreds of detailed broker reviews, ratings and a useful broker comparison tool to help traders quickly and easily identify the best brokers according to their individual requirements.To get more news about beurax, you can visit wikifx.com official website.
Due to the hundreds of online trading brokers, there is no way that you would be able to visit each and every one and make a decision about whether this is a broker that you’d be interested in opening a trading account with. Our team has studied hundreds of brokers and brings you the most vital information in one compact yet detailed review to help you make an educated decision to choose the best trading brokers for your own individual needs.
All of the data that you need to compare brokers and help you make an educated decision is found at the click of your mouse or a swipe of your screen. Via our broker reviews, we bring you details such as broker regulation, countries supported, trading instruments, trading platforms, trading tools, account types, fees, spreads, leverage, minimum deposit, funding options, customer services and more.
Having more information about the brokers available to you can help ensure that you open a trading acccount at a regulated broker, run by professional companies with an impeccable reputation in the brokerage industry.A trading broker is an intermediary who enables clients to buy and sell trading instruments for a small commission fee. They provide traders and investors with access to platforms so that they can trade various markets such as Forex, Stocks, Commodities, Cryptocurrencies, Futures, Indices, Metals, Energies, Options, Bonds, ETFs, CFDs, etc. You will find there are brokers who offer a combination of financial instruments.
In addition to providing accounts and trading platforms, these brokers usually provide a range of brokerage services including educational materials, trading tools, market analysis, trading apps, social trading platforms and more.Online trading involves investing in financial products using a trading platform provided by a broker who will offer a range of different markets and assets. When you trade online, you are buying (going long) or selling (going short) financial instruments and speculating on if the prices will increase or decrease, in order to try and profit from market movements. A broker acts as the intermediary between the trader and the markets that they are trading.
Trading online is easily accessible, anyone who has an internet connection can open a brokerage account and trade online via electronic trading platforms for desktop, web and mobile devices.
appointment-of-interim-judicial-managers
1. Kindly note that Mr Goh Thien Phong of GTP Advisory PAC and Mr Chan Kheng Tek of PricewaterhouseCoopers Advisory Services Pte Ltd both of 7 Straits View, Marina One, East Tower Level 12, Singapore 018936 have been appointed as the interim judicial managers (“IJMs”) of the following companies pursuant to an Order of Court dated 28 January 2022 made by the High Court of the Republic of Singapore:To get more news about videforex com, you can visit wikifx.com official website.
(a) Samtrade Custodian Limited (St Vincent and the Grenadines company);
(b) Samtrade Custodian Pte. Ltd. (Singapore company);
(c) S.A.M. Fintech Pte. Ltd. (Singapore company);
(d) Samtrade FX Ltd. (St Vincent and the Grenadines company);
(e) S.A.M. Marketing Private Limited (Singapore company); and
(f) S.A.M. Trade (V) Limited (Vanuatu company) (together, the “Companies”).
2. The affairs, business and property of the Companies will be managed by the IJMs during the interim judicial management period.
3. The IJMs will provide material updates with respect to the interim judicial management to the relevant stakeholders as and when possible.
Rising yields push the stocks lower
Risk aversion continues as yields pushed the US stock indices lower. The biggest casualty was the tech-heavy Nasdaq which suffers the most from the rising cost of financing. Markets are worried that the fed is behind the curve and acting too slow. This creates inflation fears and pressures the stock markets. Therefore today’s main risk events are the release of US inflation data (CPI and PPI) are highly significant and could swing the dollar and the stock indices substantially. My trade ideas for today are GBPAUD long and EURAUD short. I will also provide updates on EURGBP and EURCHF. And I’ll keep you posted via Telegraph when I see new opportunities emerging. By reading further, you agree with our disclaimer at the end of this report and acknowledge that we do not provide investment advice.To get more news about empiresx, you can visit wikifx.com official website.
The way I have structured my analysis is that I will post trade ideas when I see them but when now apparent trade ideas stand out at the time of writing the analysis I will provide you with analysis and key price levels on markets that are worth putting on a watchlist. As soon as something catches my eye I will update you on our Telegram channel.
I tend to include Target 1 (T1) and Target 2 (T2) levels (or ranges) so that you have an idea of how far the market would probably move if price action supports my trade ideas. The target one is a high probability target while the next target is further away and therefore there’s a greater risk that the market doesn’t reach the level. While I don’t provide investment advice my analysis helps you in your own market analysis and then you can decide how to trade the markets.
GBPAUD shows strength as the pair has broken out of a medium-term bear channel. I’m looking for long trade opportunities above the 1.7432 support with T1 at 1.7637 and T2 at 1.7720. The alternative scenario is that the support (1.7432) is broken decisively and the market declines to 1.7371.
EURAUD has been rallying lately but yesterday the red team started to get active below the 1.4690 support level. The level also coincides with a downward pointing trend channel top which adds to its significance. Sellers pushed the pair below a rising trendline so this could turn into a shorting opportunity. I’m interested in shorting this market below the 1.4690 resistance with targets at 1.4570 (T1) and 1.4476 (T2). Alternative scenario: EURAUD rallies above 1.4690 and moves to 1.4760.
EURGBP missed my T1 level by 0.07%. In general, it makes sense to take profits somewhere ‘close enough’ to a target level as the R/R gets worse the closer the price gets to a target level. Now the pair has moved to the level I gave you in the alternative scenario. The pair is now trading in a tight range between 0.8342 and 0.8360. Measured moves point to 0.8325 on the downside and 0.8375 on the upside. These are likely target if there’s a decisive breakout in either direction. EUR is weakish against the major competitors so the support could break first.
EURCHF is trading right below the 1.0131 support which has been a key support level lately. I said yesterday (here) that as the pair once again failed to stay above the 1.0194 key resistance the probabilities for the market breaking the 1.0131and heading to my T1 1.0067 have increased. It’s now interesting to see if there will be follow-through selling in this market or whether the bulls will once more try to push the price higher. The pair stays bearish below the 1.0194 level. The alternative scenario is that EURCHF rallies above the 1.0194 resistance and moves to 1.0280.
Macro Drivers for the USD As the most followed, invested and traded markets for risky assets are priced in the USD it is helpful to understand what macroeconomic factors impact the other side of the equation, the USD. Whether we are trading EURUSD, XAUUSD or US equity CFDs the factors impacting the dollar, the nominator in the equation, have a significant role in the formation of all medium to long-term price action. The following table summarises the most important fundamentals.
Kot4x Review 2022
The Kot4x Broker is an online Forex cryptocurrency and CFD broker with advanced technologies for trading on the financial markets. The company provides a secure ECN trading environment and offers over 250 trading instruments, including cryptocurrencies. Kot4x doesn’t limit trading strategies. It charges low trading fees and allows payments in bitcoins.To get more news about eightcap, you can visit wikifx.com official website.
I am displeased with Kot4x because there are different minimum deposit amounts for crypto wallets and cards. You can deposit at least $10 through Bitcoin, but you can’t transfer less than $50 from the card. At the same time, you can deposit no more than twice a day, and also a maximum of $300 per transaction when using the card.
But the spreads are quite precise and the Eurodollar is kept in the range of 1.7 pips. The terminal works practically without freezes, quotes are real, and execution is quite fast. I do not consider Kot4x as one of the best Forex brokers but, in general, it is possible to work with it.
I opened a demo account to try my hand because I had not traded before. There are no training materials on the broker's website, but you can find them from other companies. So far, I like everything: the web platform is stable and the spreads do not widen too much. I am planning to open a real account with Kot4x soon if I don't find a company offering more favorable conditions.
This is not the best option for professional investors. The broker offers nothing to generate passive income. There are no PAMMs, social trading platforms, or any kind of investment portfolios. Sure, you can copy trades through the MQL5 community, but I can also do this with other brokers offering more options and more profitable terms. I see no reason to bother with deposits and withdrawals in bitcoins because I can easily replenish and withdraw dollars and euros without any commissions. I don’t like Kot4x.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Kot4x published on the website in 2022 are verified and confirmed by Traders Union as reliable comments by real traders.
Investor Alert: BEURAX CORPORATION PTY LTD (BEURAX)
The Financial and Consumer services Commission (FCNB) recently became aware that BEURAX CORPORATION PTY LTD (BEURAX) is accepting New Brunswick clients. BEURAX is not registered to solicit investments, nor trade in, or advise on, securities or derivatives in New Brunswick.To get more news about samtrade fx, you can visit wikifx.com official website.
BEURAX claims to be located in Australia, and to use trading bots for automated cryptocurrency trading, promising 1.4% to 3.5% daily returns. BEURAX also promotes a network marketing business model (commonly referred to as multi-level-marketing) which includes a multi-tiered affiliate program and referral-based bonus system earned by recruiting more people into the scheme.
BEURAX claims to use trading bots to automate cryptocurrency trading through swaps. Swaps are complex contracts that are usually between large companies and financial institutions. Swaps are generally not suitable for individuals because of the high risks involved.
Recently, the British Columbia Securities Commission placed BEURAX on its caution list.Companies and individuals who trade or advise in securities or derivatives with New Brunswick clients without complying with the applicable registration requirements are in breach of New Brunswick’s securities laws. Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered.
Online investments involving trading in crypto-currencies by unregistered, offshore entities present a significant risk. You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account. There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds.
Before entrusting your assets to a crypto-asset trading platform, do your research and watch for red flags. Take the time to learn about their products, operations and approach to risk management.
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.