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Forex market reviews

29 July 2016

Media reviews

Fiona Chen

Canada’s economy shrinks 0.6 per cent in worst month since 2009 recession (news: 29/07/16)

The dollar took its biggest tumble in almost two months on Thursday and stocks fell from nine-month highs as cautious sounds from the Fed left focus firmly on Japan's next round of money-printing measures.
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Market sessions

Fiona Chen

Oil continues its fall

The price of oil is continuing to fall. The phase of sales on the commodity market is now stretching into its eighth consecutive session and doesn’t look like stopping. The significant May minimum of around $43.33 was updated yesterday. The morning trades were going lower and this is opening up the chance for a shift to $42. Due today’s decisions from the BoJ in regards to relaxing their monetary policy, oil could continue to drop lower.
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28 July 2016

Media reviews

Fiona Chen

Gold firms after Fed holds off signalling rate rise (news: 28/07/16)

Spot gold was 0.2 percent higher at $1,341.81 an ounce at 1340 GMT, having ended Wednesday up 1.5 percent in the wake of the Fed statement. U.S. gold futures for August delivery were up 1.1 percent at $1,341.10.
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Market sessions

Vadim Josub

One third of all trademarks are Chinese

The number of active trade marks in China by the end of June reached 11.223 million, thereby being around a third of the total in the world. In the first half of 2016, the number of applications to register trademarks in China exceeded 1.74 million and this number could hit 3.5 million by the end of the year. China has been the wold leader by number of trademark applications submitted since 2002.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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