Thread: FreshForex broker - freshforex.com Bonuses, forecasts, instant execution!

HOT TOPIC: SWAP-FREE CRYPTO IN JUNE!

Dear clients,

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The threat of a US default is no longer holding back the market, assets are starting to move, which means you got to seize the moment. From June 5 to 20, trade cryptocurrency with no rollover fee.

Terms of the promotion:

1. The promotion is valid from June 5 to 20, 2023.

2. When trading BTCUSD, ETHUSD, LTCUSD, SOLUSD, DASHUSD, BNBUSD, XRPUSD, BCHUSD, ETCUSD, IOTUSD, TRXUSD, ZECUSD, BATUSD, DOTUSD, ADAUSD, Swap and Swap Free commissions are not charged when transferring positions to the next day. The specifications of the instruments can be found here.

3. The promotion is available for all types of trading accounts which were deposited during the promotion period from 299 USD.

4. The company reserves the right to change the terms and conditions of the promotion.

Meet the summer with profit!

WHEN LESS IS MORE. SAUDI ARABIA CUTS OIL PRODUCTION

Dear clients,

Saudi Arabia will make deep production cuts in July, in addition to the broader OPEC+ deal to limit supply until 2024, as the group seeks to boost oil prices.

Saudi Arabia's energy ministry said the country's output would fall to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest cut in years.

"This is a Saudi lollipop," Saudi Energy Minister Prince Abdulaziz told on a news conference. "We wanted to ice the cake. We always want to add suspense. We don't want people to try to predict what we do... This market needs stabilisation".

OPEC+ pumps about 40% of the world's oil, which means its policy decisions could have a significant impact on oil prices.

A surprise decision to cut supplies in April briefly boosted Brent crude prices by about $9, but prices have since retreated under pressure from concerns about global economic weakness and its impact on demand. On Friday, Brent crude ended trading for the week at $76.

OPEC+ imposed production cuts of 3.66m bpd, representing 3.6% of global demand, including the 2m bpd agreed last year and voluntary cuts of 1.66m bpd agreed in April. Those cuts were valid until the end of 2023, and on Sunday OPEC+ said it would extend them until the end of 2024 as part of a broader deal on production policy agreed after seven hours of negotiations.

In addition to extending current OPEC+ production cuts by 3.66 million bpd, the group also agreed on Sunday to cut overall production targets by a further 1.4 million bpd from current targets to 40.46 million bpd from January 2024.

However, many of these cuts will not be real as the group has lowered targets for Russia, Nigeria and Angola to bring them in line with actual current production levels. For its part, the United Arab Emirates was allowed to raise its production targets by about 0.2m bpd to 3.22m bpd.

THROUGH THE LOOKING GLASS: APPLE'S WWDC PRESENTATION

Dear clients,

Shares of Apple Inc. traded at record intraday levels on Monday, but failed to close at an all-time high, although they were on track to do so for most of the session.

Apple shares closed Monday at $179.58, down 0.8 per cent after speaking at its WWDC developer event. The stock was as high as $184.95 ahead of the presentation, surpassing its all-time intraday high of $182.94 set on 4 January 2022, according to Dow Jones Market Data.

The smartphone giant has endured a lot since its last record close, facing pandemic-related supply problems and cost pressures from its customer base. But Wall Street seems fairly relaxed about Apple's ability to thrive in an era of shrinking consumer budgets. One analyst noted after the company's latest earnings report that iPhones priced at $1,000 and above have become a glorified essentials purchase.

In addition to traditional products, the company introduced a mixed reality headset and surprised investors with price and timing: the new Vision Pro will cost $3499, when the expectation area was around $3000, and will be released in early 2024, not later this year. By announcing the Vision Pro, Apple is making an attempt to enter a category that hasn't been widely adopted until now.

Overall, it's been a strong year for big tech companies. For 2023, Apple shares are up 38%, while Microsoft Corp. shares are up 40%, Alphabet Inc. — 43%, Amazon.com Inc. — 49% and Meta Platforms Inc. shares gained more than 125%

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As long as I join with this Freshforex broker where there are no obstacles and problems, where I feel comfortable and safe trading because with various facilities, promo bonuses that make me able to trade comfortably

Currently, I feel comfortable being a part of Tickmill broker. Besides having a secure capital, there are also educational facilities that can be utilized to enhance knowledge, understanding, and insight about the forex market. This way, trading can be improved further with Tickmill broker.

TRADING SIGNALS: US FEDERAL RESERVE MEETING

Dear clients,

On June 14, a meeting of the US Federal Reserve System, the body that performs the functions of the Central Bank of America, will take place. The decision on the interest rate will determine the further movement of the market, which draw attention of traders.

How the interest rate situation will develop now, our expert explain:

The Fed may keep the rate at the current level of 5.25% amid falling inflation in the US economy, but will lower GDP forecasts for the next two years and also signal to traders that they should not expect interest rates to fall in the second half of the year, as inflation risks have not gone anywhere. On Wednesday consider buying USDTRY, USDZAR and selling #NQ100, #SP500, #Coinbase.

And also don't wait on the hot offer — trade crypto without swaps until June 20!

IN AND OUT, 5 MINUTES TRADING

Dear clients,

Who'd want to spend a good day, staying in a stuffy room staring at the screen? Especially when all you need is 5 minutes and a good plan. This time we'll be looking at a simple, yet a profitable intraday strategy for everyone.

Join us on June 14 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

If you missed the previous webinars, you can always find them here.

PER ASPERA: RECORD PERFORMANCE BY THE NASDAQ AND S&P500

Dear clients,

On Monday the S&P 500 and Nasdaq rose to their highest closing levels since April 2022, while Oracle hit a record high ahead of quarterly results as investors await inflation data and the Federal Reserve's interest rate decision this week. Thanks to gains by market heavyweights Amazon, Apple and Tesla, the S&P 500 has now recovered 21% from its October 2022 lows. Some investors say Wall Street is in the midst of a bull market.

Tesla is up 2.2% and has now risen for 12 consecutive trading sessions, a record for the electric car maker.

Apple and Microsoft are up about 1.5% each, and the two tech companies' shares have gained 41% and 38% year-to-date respectively.

The S&P 500 rose 0.93% to end the session at 4,338.93 points.

The Nasdaq rose 1.53% to 13,461.92 points and the Dow Jones Industrial Average rose 0.56% to 34,066.33 points.

Rising shares of the biggest companies, better-than-expected quarterly earnings and hopes that the Fed is nearing the end of its monetary tightening cycle have lifted the indices in recent weeks.

The recent rally has widened to include more sensitive sectors such as energy and industrials, as well as small-company stocks, as data continues to suggest the US economy is resilient despite higher interest rates.

0 OR 1? FORECASTS ABOUT THE FED'S UPCOMING RATES

Dear clients,

The US Federal Reserve will not raise interest rates for the first time in more than a year at its June 13-14 meeting, according to economists polled by Reuters, but a significant minority expect at least one more rate hike this year as the economy remains resilient.

Fed Chairman Jerome Powell signalled in May that the US central bank may soon pause its rate hike cycle to assess the impact of a historically aggressive 500 basis point tightening, raising rates at every meeting since March 2022.

More than 90% of economists, 78 out of 86 surveyed from 2-7 June, believe the Federal Open Market Committee will hold the federal funds rate at 5.00%-5.25% at the end of next week's meeting. The remaining eight expect a 25 basis point rate hike.

Since the last Fed meeting in May, strong economic data and comments from several Fed officials have prompted markets to assume a rate hike at or before the July 25-26 meeting, with previous expectations of a rate cut later this year quickly easing.

This hawkish change in market expectations has helped lift the US dollar to its highest level since March.

The problem is that inflation is not falling fast enough — in April it was 4.4% on the Fed's preferred target and 4.7% excluding volatile food and energy prices. The central bank's inflation target is 2%.

More than a third of survey participants, 32 of 86, believe the Fed will raise rates at least once more this year, including eight who say it will happen in June and 24 who expect a rate hike in July after a pause. Only one predicts a rate hike in both June and July.

Just over 25% of economists, 23 out of 86, predict at least one Fed rate cut before the end of 2023, but this is down from 28% in the previous survey. Markets estimate the probability of a rate cut this year at around 60%.

Less than 60% of respondents to an additional question, 28 of 48, said the world's biggest economy will fall into recession this year, down from more than 70% in a survey conducted just a few weeks ago.

BINANCIAL STRUGGLE

Dear clients,

Investors withdrew about $1.43 billion from cryptocurrency exchange Binance and its US subsidiary as of 11am Eastern Time (1500 GMT) on Tuesday, data provider Nansen reported, a day after a leading US regulator sued both exchanges.

Binance recorded a net outflow of $1.34 billion in cryptocurrency tokens on the ethereum blockchain, while its US subsidiary, Binance.US, recorded a net outflow of $70.8 million, Nansen said on Twitter.

On Monday, the US Securities and Exchange Commission (SEC) sued Binance, its CEO Changpeng Zhao and operator Binance.US over what it called a "web of deception" to circumvent US laws.

In 13 charges, the SEC alleges that Binance artificially inflated trading volumes, diverted customer funds, failed to restrict US customers' access to its platform and misled investors about market controls.

The lawsuit is the SEC's most significant move against a cryptocurrency company in a major crackdown on the industry this year.

Binance says it is cooperating with the SEC and is "making every effort to answer their questions and address their concerns", including trying to reach a negotiated settlement. "We intend to vigorously defend our platform," the company said in a blog post.

The SEC complaint is the latest in a string of legal challenges for Binance. In March, the US Commodity Futures Trading Commission (CFTC) sued the company for operating an "illegal" exchange and a "bogus" compliance programme.

Zhao said the CFTC's claims were an "incomplete statement of facts".

Another major exchange has encountered similar problems. The SEC filed a lawsuit against Coinbase, accusing it of operating illegally without registering with the regulator. In a complaint filed in federal court in Manhattan on Tuesday, the SEC said Coinbase had been operating as an unregistered broker since at least 2019, conducting cryptocurrency transactions while evading disclosure requirements designed to protect investors.

Global regulators are keeping a close eye on the cryptocurrency world after a series of high-profile crashes wiped out more than a trillion dollars from the market capitalisation of the digital asset industry last year.

Bitcoin has stabilised after yesterday's drop of more than 5 %, its biggest daily drop since 19 April. The world's biggest cryptocurrency last stood at $26,300, up 3.85 per cent for the day.

Indeed, every broker has its own advantages and disadvantages. Once a trader has chosen the right broker, the next step is to utilize its facilities effectively. This is done to enable traders to engage in forex trading to the fullest extent possible and benefit from their experience with Tickmill.

BREAK TILL DAWN. FED RATE PAUSE

Dear clients,

The US Federal Reserve left interest rates unchanged on Wednesday, but made it clear in new forecasts that borrowing costs may have to rise by half a percentage point by the end of this year as the US central bank responded to a stronger-than-expected economy and a slower decline in inflation.

In a press conference at the end of the central bank's latest meeting, Fed Chairman Jerome Powell said that US economic and labour market growth was better than expected under the weight of aggressive monetary tightening last year, which will likely lengthen the Fed's fight to reduce inflation, but also allow it to pass with less economic damage.

According to Powell, the pause was made out of caution to allow the Fed to gather more information before determining whether to raise rates again, with the pace of rate hikes now less important than finding the right endpoint that will slow price growth while minimising unemployment growth.

After a year in which many economists and analysts argued that recession was inevitable and the economy was about to crack, according to the Fed's latest quarterly outlook "growth estimates have gone up slightly, unemployment estimates have gone down slightly, inflation estimates have gone up," Powell said.

The Fed's rate hike coincides with an improved view of the economy and hence slower progress in returning inflation to the central bank's 2% target. It is currently more than double that target.

Wednesday's decision interrupted a string of 10 consecutive rate hikes adopted by the Fed in response to the worst inflation outbreak in 40 years with a corresponding set of aggressive moves, including four excessive hikes of three-quarters of a percentage point last year.

A WAY FORWARD. ECB RATE HIKES

Dear clients,

The European Central Bank on Thursday raised the eurozone's borrowing costs to their highest level in 22 years and said that stubbornly high inflation almost guarantees another hike next month and probably beyond.

The quarter percentage point increase was the ECB's eighth consecutive interest rate hike since it badly miscalculated the sustainability of price growth early last year, bringing its policy rate to 3.5 per cent, a level not seen since 2001.

This came at the same time as confirmation that the ECB is winding down its remaining post-crisis stimulus programmes and an unexpectedly sharp increase in core inflation forecasts by bank staff.

"Unless there are significant changes to our baseline forecasts, it is very likely that we will continue to raise rates in July," ECB President Christine Lagarde told a news conference.

The central bank of the 20 euro-sharing countries also said it now expects inflation to remain above the 2% target by the end of 2025.

The bank raised its forecasts for "core" inflation for 2023 and 2024, excluding volatile energy and food, which the ECB monitors closely. Lagarde also issued her strongest warning yet on rising wages and companies pushing up prices.

Inflation in the eurozone has been falling for months, thanks to lower energy prices and the sharpest rate hike in the ECB's 25-year history. However, it remains unacceptably high for the ECB at 6.1% and underlying price growth is just starting to slow down despite signs of stagnant economic growth.

Although opposing economic factors have likely served as weapons for both sides in the ECB Governing Council, the hawkish majority that insists on further rate hikes remains at the helm.

SWAP FREE VACATION

Dear clients,

Summer is the traditional time for holidays, but not for those who work in financial markets.

Tech boom on one side and world economic woes on the other swing the market like a pendulum and to end up on the right side of volatility we've got you the fitting instruments. From June 20 to July 5, trade indices without transfer fees.

Terms of promotion:

1. The promotion is valid from 20 June to July 5, 2023.

2. When trading #ASX, #CAC40, #ChinaA50, #DAX30, #DJI30, #ESTX50, #FTSE100, #HSI, #IBEX35, #NIKKEI, #NQ100, #SP500, Swap and Swap Free commissions are not charged when transferring positions to the next day. The specifications of the instruments can be found here.

3. The promotion is available for all types of trading accounts which were deposited during the promotion period from 299 USD.

4. The company reserves the right to change the terms and conditions of the promotion.

Have your summer of profit!

A HOT PROFIT! ONLY TILL JUNE 30

Dear clients,

It's time to increase your trade volumes, because we increased the drawdown bonus! Now you get 202% instead of 101%, which will let you open trades that you didn't dare to open before.

If you already have a bonus connected: you just deposit $202 or more, within one hour the bonus will be credited, and you will be able to open trades with significant funds.

If you have an account, but your bonus is not activated: you can do this in your Client Area via this link. Then you fund your account in the same way and wait until it appears in the "Credit" field.

BITCOIN AND ETHER: GROWTH SUPPORTED BY ACTIVE WITHDRAWALS FROM EXCHANGES

Dear clients,

According to the latest information, investors are rapidly withdrawing Bitcoin and Ether from cryptocurrency exchanges. This has caused the balance sheets of these cryptocurrencies to fall to surprising levels over the past five years.

On June 19, the lowest Bitcoin and Ether balances since 2018 were recorded.

This withdrawal has eased the pressure on the market, supporting the growth of both assets after their recent declines. For example, Bitcoin reached a price of $30,000 for the first time in 2.5 months.

We can expect Bitcoin and Ether to continue to strengthen as the withdrawal trend continues. This gives additional confidence to investors and confirms the continued popularity of these cryptocurrencies as a long-term investment.

So now is the best time to actively trade cryptocurrencies! And topping up your trading account with crypto right now, you'll get an extra 10% to your account balance for nothing.

TRADING SIGNALS: BANK OF ENGLAND'S DECISION ON INTEREST RATES

Dear clients,

On June 22, the Bank of England makes a report on the matter of the interest rates, it is one of the most important events affecting the quotes of the pound sterling. Inflation is one of it's main predictors. Using these data, a trader can judge the internal and external economic development of the country, which is especially important when trading pairs that include the GBP.

What to expect and what to pay attention to, tells our leading analyst:

The Bank of England may raise the discount rate by 0.25 p.p. to 4.75% today and signal to traders that further rate hikes are needed due to high inflation in the U.K. economy. A rate hike is negative for the stock market and it is preferable to open a Sell position in the UK #FTSE100 index on Thursday.

During the inflation period, a drawdown bonus is an excellent choice: until June 30, instead of 101%, you get 202% when topping up of 202 USD or more.

Every broker has its own advantages and disadvantages, so it's important to consider them when choosing a broker. It is advisable to select a broker that is suitable and appropriate for your needs. Personally, I have found comfort and security in being a part of Tickmill as my chosen broker.

AN ENCORE: THE HOTTEST PROMOTIONS MUST GO ON!

Dear clients,

On numerous requests swap-free indices and 202% drawdown bonus are extended until July 19.

Don't miss the opportunity to trade indices without rollover fee or to double boost your deposit once again.

Spend your summer with profit!