HFMarkets (hfm.com): New market analysis services.

[HFM]

Date: 28th March 2025.


Market Selloff Deepens as Tariff Concerns Weigh on Investors



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Global stock markets extended their losing streak for a third day as concerns over looming US tariffs and an escalating trade war dampened investor sentiment. The flight to safety saw gold prices surge to a record high, underscoring growing risk aversion.


Stock Selloff Intensifies


The MSCI World Index recorded its longest losing streak in a month, while Asian equities saw their sharpest decline since late February. US and European stock futures also signalled potential weakness, while cryptocurrency markets retreated and bond yields edged lower.


Investors are scaling back their exposure ahead of President Donald Trump’s expected announcement of ‘reciprocal tariffs’ on April 2. His latest move to impose a 25% levy on all foreign-made automobiles has sparked fresh concerns over inflation and economic growth, prompting traders to reassess their strategies.


Investor Strategies Shift
Market experts are adjusting their portfolios in anticipation of heightened volatility. ‘It’s impossible to predict Trump’s next move,’ said Xin-Yao Ng of Aberdeen Investments. ‘Our focus is on companies that are less vulnerable to tariff policies while taking advantage of market dips to find value opportunities.’


Yield Curve Signals Economic Concerns
In the bond market, the spread between 30-year and 5-year US Treasury yields widened to its highest level since early 2022. Investors are bracing for potential Federal Reserve rate cuts if economic growth slows further.


Long-term Treasury yields hit a one-month peak as inflation risks tied to tariffs spurred demand for higher-yielding assets. Boston Fed President Susan Collins noted that while tariffs may contribute to short-term price increases, their long-term effects remain uncertain.


Gold Hits Record High as Safe-Haven Demand Rises
Amid market turbulence, gold prices soared 0.7% on Friday, reaching an all-time high of $3,077.60 per ounce. Major banks have raised their price targets for the precious metal, with Goldman Sachs now forecasting gold to hit $3,300 per ounce by year-end.


Looking Ahead
As investors digest economic data showing US growth acceleration in Q4, attention will turn to Friday’s release of the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measure. This data will be critical in shaping expectations for future Fed policy moves.


With markets on edge and trade tensions escalating, investors will closely monitor upcoming developments, particularly Trump’s tariff announcement next week, which could further dictate market direction.


Always trade with strict risk management. Your capital is the single most important aspect of your trading business.


Please note that times displayed based on local time zone and are from time of writing this report.


Click HERE to access the full HFM Economic calendar.


Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!


Click HERE to READ more Market news.


Andria Pichidi
HFMarkets


Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

[HFM]

Date: 25th April 2025.


Trade Tensions Hurt Confidence Across Europe



Trading Leveraged products is Risky


The latest European confidence indicators highlighted the growing impact of global trade tensions on investor sentiment, particularly within the Eurozone. According to recent surveys, investor confidence has been notably dented, with the services sector showing greater weakness compared to manufacturing. This may be due to U.S. efforts to front-load imports ahead of potential tariff hikes.


Meanwhile, diverging fiscal policies between the UK and the Eurozone have further widened economic gaps. The UK faces limited fiscal flexibility and mounting pressure to stimulate domestic demand, complicating its response to external shocks.





German ZEW Investor Confidence Plummets


Germany's ZEW investor sentiment index plunged in April following the announcement of new U.S. tariffs. The index fell by a staggering 65.6 points to -14.0, reflecting growing pessimism about the economic outlook. While recent political shifts offered short-term relief to market sentiment, uncertainty remains elevated, suggesting this key forward-looking indicator may stay in negative territory.





Eurozone PMI and Ifo Data Show Mixed Signals


Surprisingly, the Eurozone PMI and Germany’s Ifo business climate report showed resilience. Although the composite PMI dropped to a four-month low of 50.1—indicating stagnation rather than contraction—the weakness was concentrated in the services sector. The services PMI fell to 49.7, ending a five-month expansion streak.


Germany’s Ifo survey showed improvements in construction and business sentiment, driven by a rise in the current conditions index. The overall business climate index rose to 86.9 in April, up from 86.7 in March, defying expectations of a decline.


Trade Boost May Be Temporary as Risks Persist
Trade data from February revealed a 22.4% year-over-year jump in Eurozone exports to the U.S., with Ireland’s pharmaceutical-heavy exports surging by 200%. S&P Global noted signs of stockpiling and unplanned orders from U.S. clients trying to stay ahead of tariffs.


However, analysts warn this boost may be short-lived. As tariffs bite and the euro strengthens, European exports risk becoming less competitive. Despite hopes that EU goods could benefit from U.S.-China trade disputes, long-term gains are uncertain. If U.S. firms start to run down inventories, demand may soften.


Germany and EU Infrastructure Investment to Counter Trade Headwinds
Germany’s decision to raise borrowing for infrastructure and defense, alongside EU-wide investment plans, aims to cushion the blow from external shocks. Sentiment in the German construction sector has already improved, according to the Ifo report. While large-scale spending will take time to materialize, early signs show progress in the defense sector.





UK PMI Data Signals Growing Economic Challenges
Across the Channel, the UK economy is facing multiple headwinds. Government finances are strained, and recent fiscal data missed expectations. Although the UK may enjoy lower tariffs post-Brexit, its open economy is more vulnerable to global slowdowns.


Rising labor costs, due to higher National Insurance contributions and minimum wage hikes, have added pressure. The latest S&P Global UK Composite Output Index dropped sharply to 48.2 in April from 51.5, with the Services PMI falling to 48.9—a 27-month low. Manufacturing Output PMI also fell to 44.0, the weakest since mid-2021.


S&P Global attributed this decline to weakened client confidence and the impact of U.S. tariffs. Business outlooks have dimmed, with optimism at its lowest since October 2022. Rising cost burdens have prompted employment cuts, and inflationary pressures persist, despite easing energy prices.


UK Inflation and Rate Outlook: BoE Faces Tough Decisions
The CBI industrial trends survey painted a similarly cautious picture. Although total orders slightly improved, export orders deteriorated. Selling price expectations also rose, reflecting cost pressures.


Bank of England Governor Andrew Bailey emphasized risks to growth and warned about the dangers of global economic fragmentation. While markets are pricing in another BoE rate cut, rising wage-driven inflation may keep UK interest rates elevated relative to the Eurozone.


Always trade with strict risk management. Your capital is the single most important aspect of your trading business.


Please note that times displayed based on local time zone and are from time of writing this report.


Click HERE to access the full HFM Economic calendar.


Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!


Click HERE to READ more Market news.


Andria Pichidi
HFMarkets


Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

[HFM]

Date: 19th May 2025.


Global Markets Slide After US Credit Rating Downgrade, Weak Chinese Data Add to Investor Jitters.



Trading Leveraged products is Risky


Asian markets fell today while US futures and the dollar weakened, as global investors digested Moody’s downgrade of the US sovereign credit rating. The move came in response to the US government's persistent struggle to control rising debt, currently sitting at $36 trillion.


US Credit Rating Downgrade Sends Ripples Through Global Markets


Moody’s cut the US sovereign credit score from its long-held AAA rating to Aa1 — the first downgrade since 1917. The rating agency cited worsening fiscal conditions, a widening deficit, and increasing concerns over the government's capacity to manage its debt obligations. It follows earlier warnings in 2023 and echoes similar concerns raised by Fitch and S&P in previous years.


The downgrade hit global sentiment hard. The futures for the S&P 500 slid 0.9%, while those for the Dow Jones Industrial Average declined 0.6%. The US dollar weakened, dipping to 145.14 yen from 145.65 yen, while the euro remained flat at $1.1183.





Asian Markets Under Pressure Amid Weak China Data


Chinese equities slipped after fresh data revealed slower-than-expected economic growth. April retail sales in China rose just 5.1% year-on-year, missing forecasts, while industrial output growth eased to 6.1% from 7.7% in March. The slowdown raises concerns over excess inventories and reduced domestic demand, particularly in the wake of the ongoing US-China trade tensions.


The Hang Seng in Hong Kong fell 0.7% to 23,184.74, and Shanghai’s Composite Index edged down 0.2% to 3,361.72. Japan’s Nikkei 225 dropped 0.4%, Korea’s Kospi lost 1%, and Taiwan’s Taiex shed 0.8%. Australia’s ASX 200 declined 0.1%.


Adding to the pessimism, China’s property market showed no signs of recovery, with new home prices unchanged in April, marking nearly two years of stagnant growth despite government support efforts.


Trade War Uncertainty Looms Over Markets


Tensions between the US and its trading partners continue to add volatility. Treasury Secretary Scott Bessent warned that President Donald Trump would impose tariffs on countries not negotiating in ‘good faith.’ Although Bessent did not clarify what qualifies as ‘good faith,’ he stated that letters outlining tariff rates would be sent to non-compliant nations.


Trump has already shifted tariff rates multiple times this year. In April, he reduced most tariffs to 10% for 90 days to encourage negotiations, while tariffs on Chinese imports were adjusted to 30%.


Despite last week’s 90-day standstill agreement between the US and China, investor sentiment remains fragile amid concerns over Trump’s unpredictable trade policies.


Wall Street Rallies but Risks Remain


Despite the looming economic headwinds, Wall Street closed higher last week. The S&P 500 gained 0.7% to 5,958.38, bringing it within 3% of its February all-time high. The Dow climbed 0.8% to 42,654.74, while the Nasdaq rose 0.5% to 19,211.10. Optimism over potential tariff rollbacks helped fuel the rally, but fears of a recession and stubborn inflation still weigh heavily.


Moody’s downgrade also underscores long-term structural challenges for the US economy, as successive administrations have failed to rein in government spending.


Consumer Sentiment, Inflation Expectations Worsen


The University of Michigan’s latest consumer sentiment index showed another decline in May, though the pace of deterioration slowed. More troubling, Americans now expect inflation to reach 7.3% over the next year, up from 6.5% the month before, further complicating the Federal Reserve’s path toward rate cuts.


Hope remains that softer inflation readings and slowing economic activity could eventually prompt the Fed to ease monetary policy,a key support for markets facing trade shocks and fiscal uncertainty.


Gold Gains on Safe-Haven Demand


Gold prices edged higher as investors turned to safe-haven assets amid mounting US fiscal concerns. Spot gold rose 0.5% to $3,218.30 an ounce in Singapore after briefly surging as much as 1.4% earlier in the session. The Bloomberg Dollar Spot Index slipped 0.2%.


Moody’s downgrade of the US credit rating supported gold’s appeal. The precious metal, which hit record highs above $3,500 an ounce last month, remains up over 20% this year despite recent pullbacks driven by easing geopolitical tensions.





Oil Prices Dip on Weak Data and Credit Worries


Oil prices fell Monday following the US credit rating downgrade and underwhelming Chinese economic data. Brent crude slipped 0.5% to $65.06 a barrel, while US West Texas Intermediate (WTI) dropped 0.4% to $62.23. The more actively traded July WTI contract also fell 0.5% to $61.66.


While the recent truce between the US and China initially lifted crude prices, concerns over the durability of the agreement and China’s faltering recovery have kept investors cautious.


Oil Prices Dip on Weak Data and Credit Worries


In corporate news, Charter Communications rose 1.8% after announcing a merger with Cox Communications. The combined entity will retain the Cox name and be headquartered in Stamford, Connecticut.


Nvidia-backed CoreWeave jumped 22.1% after the tech giant increased its stake in the AI cloud computing firm from just under 6% to 7%.


Meanwhile, US-listed shares of Novo Nordisk fell 2.7% after the company announced CEO Lars Fruergaard Jørgensen will step down amid recent market challenges, despite the popularity of its Wegovy weight-loss drug.


Outlook: Uncertainty Ahead


With the US credit rating downgrade, wavering trade relationships, and mixed economic signals from China, financial markets are likely to remain volatile. While some positive inflation data could support a dovish Fed pivot later in the year, uncertainty over global trade policies and fiscal stability will continue to dominate investor sentiment.


Always trade with strict risk management. Your capital is the single most important aspect of your trading business.


Please note that times displayed based on local time zone and are from time of writing this report.


Click HERE to access the full HFM Economic calendar.


Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!


Click HERE to READ more Market news.


Andria Pichidi
HFMarkets


Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

[HFM]

Date: 06th June 2025.


Asian Markets Rise as Investors Await Critical US Jobs Data Amid Political Turmoil.



Trading Leveraged products is Risky


Markets across Asia posted gains on Friday as investors positioned themselves ahead of the highly anticipated US employment report, which is expected to provide crucial insights into the health of the American economy. The May jobs data takes on heightened significance amid ongoing political tensions between President Trump and Elon Musk, with American stock futures climbing modestly while crude oil prices declined, setting the stage for another potentially volatile trading session.


Asian Markets Show Resilience


Japan's Nikkei 225 advanced 0.5% to reach 37,730.67, and South Korea's Kospi surged 1.5% to 2,812.05. However, Hong Kong's Hang Seng retreated 0.4% to 23,817.10, while China's Shanghai Composite managed a slight 0.1% increase to 3,385.91. Australia's S&P/ASX 200 remained essentially flat at 8,536.40, and India's Sensex climbed 0.6%.


[b]US Markets Struggle Amid Political Uncertainty/b]


US markets struggled on Thursday, with the S&P 500 declining 0.5% to 5,939.30, marking its first retreat after three consecutive days of gains. Following a strong May rally that brought the index close to record highs, the benchmark has recently stalled. The Dow Jones fell 0.3% to 42,319.74, while the Nasdaq dropped 0.8% to 19,298.45.





Market attention turns to the upcoming May jobs report from the Labor Department, with analysts anticipating weaker job growth compared to April. Employment strength has been crucial for supporting the US economy, though concerns mount that uncertainty surrounding President Trump's fluctuating tariff policies might cause employers to halt hiring decisions.


Musk-Trump Feud Rocks Markets


The market's attention was dominated by an explosive public confrontation between Elon Musk and President Donald Trump that sent shockwaves through the investment community. Musk indicated he would seek to de-escalate tensions after their alliance deteriorated into an open battle on Thursday, when Musk demanded Trump's impeachment and suggested the president was concealing Jeffrey Epstein-related documents due to potential personal involvement.


Trump retaliated by threatening to terminate the tech mogul's lucrative government contracts, responding to Musk's persistent calls for Republicans to reject the president's key tax package over deficit concerns. The hostilities briefly intensified when Trump announced plans to discontinue SpaceX's Dragon spacecraft program.


However, Musk quickly backtracked after receiving conciliatory advice from social media users. 'Good advice,' Musk replied to calls for cooling off, adding 'Ok, we won't decommission Dragon.' When billionaire Bill Ackman encouraged them to reconcile 'for the benefit of our great country,' Musk acknowledged, 'You're not wrong.'


This dramatic split between two figures who previously collaborated on government restructuring has created uncomfortable divisions within the Republican Party, forcing lawmakers to navigate between Musk's financial influence and Trump's political dominance. House Speaker Mike Johnson attempted to mediate, stating that 'policy differences shouldn't be personal' while maintaining his friendship with Musk. The White House has reportedly scheduled a call today with Musk to defuse tensions.


Tesla Bears the Brunt


Tesla shares experienced their steepest decline since March, falling 14% on Thursday as the Trump-Musk dispute intensified. The stock briefly plummeted 18% during trading—its worst intraday performance since September 2020—before recovering slightly. By Thursday's close, Tesla had dropped roughly 30% year-to-date, falling below the $1 trillion market capitalization threshold.


The decline began Tuesday after Musk denounced the GOP tax legislation as a 'disgusting abomination' and urged his X followers to 'kill the bill.' Investment analysts directly linked the stock's performance to the political feud. Paul Hickey from Bespoke Investment Group warned that Musk's deteriorating relationships across the political spectrum could trigger 'punitive actions' against his companies.


Trump publicly expressed disappointment with Musk's opposition, claiming the billionaire previously understood and supported the legislation until learning about potential EV mandate cuts. Musk disputed these assertions on social media.


Mixed Corporate Performance


Weekly unemployment claims exceeded forecasts on Thursday, reaching an eight-month peak despite remaining historically low. This coincided with Procter & Gamble announcing plans to eliminate up to 7,000 positions over two years, sending its shares down 1.9%. Brown-Forman experienced its worst trading day since 1972, tumbling 17.9%.


However, some companies bucked the negative trend. MongoDB stood out among gainers, jumping 12.8% following better-than-expected earnings. Circle Internet Group made a spectacular debut, soaring 168.5% on its first NYSE trading day.


Oil Markets Stabilize on Diplomatic Progress


Crude oil prices stabilized following Thursday's gains, buoyed by improved US-China relations after the leaders' phone conversation. Brent crude held around $65 per barrel, positioning for its first weekly increase since mid-May, while WTI remained near $63.


The Trump-Xi discussion focused on resolving tariff disputes and rare earth mineral supply issues, providing relief to markets concerned about demand destruction from trade wars. Oil has declined nearly 20% since Trump's January inauguration due to these trade tensions.


Market volatility has decreased since mid-May as traders balance various factors: diplomatic progress, seasonal demand increases, Middle Eastern geopolitical risks, and potential OPEC+ production increases. Analysts suggest the panic-driven selloff risk has diminished, with Saudi Arabia's stance on production restoration crucial when OPEC+ meets July 6 to set output levels.


Precious Metals Rally Continues
Silver approached 13-year peaks while platinum reached two-year highs, reflecting growing industrial metal demand. Silver rose following Thursday's 4.5% surge that pushed it above $36 per ounce—levels unseen since February 2012. Platinum gained 1.2% to $1,154.73.





The rally stems from technical momentum and improved fundamentals, including strong Indian silver demand and recovering Chinese platinum appetite. While both metals typically follow gold's haven appeal during uncertainty, their industrial applications provide additional support through solar panel and catalytic converter demand.


ETF holdings show positive momentum, with platinum funds growing over 3% since mid-May and silver funds expanding nearly 8% since February. Palladium also participated in the metals rally, climbing 1.2%. Gold advanced 0.5% to $3,368.79, targeting a 2.4% weekly gain.


Looking Ahead


The S&P 500's recovery hopes rest partly on expectations that Trump will reduce tariffs through new trade agreements. The index has rebounded strongly from a 20% decline two months ago and now sits just 3.3% below its all-time peak. However, the Musk-Trump feud introduces new uncertainty into markets previously focused on trade negotiations.


The 10-year Treasury yield remained steady at 4.40%, reflecting growing expectations for Federal Reserve rate cuts to support an economy potentially weakened by trade tensions. Investors await Friday's employment data following unexpected unemployment claims increases that boosted rate cut expectations.


In currency markets, the dollar strengthened to 143.77 yen from 143.49, while the euro weakened to $1.1438 from $1.1448, reflecting ongoing global economic uncertainties and shifting investor sentiment.


Always trade with strict risk management. Your capital is the single most important aspect of your trading business.


Please note that times displayed based on local time zone and are from time of writing this report.


Click HERE to access the full HFM Economic calendar.


Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!


Click HERE to READ more Market news.


Andria Pichidi
HFMarkets


Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

[HFM]

Date: 23th June 2025.


The USD Benefits From Middle East Escalations



Trading Leveraged products is Risky


UK and European Purchasing Managers’ Indexes have been made publicly available but so far are not supporting either currency. So far, the best-performing currency is the US Dollar. The US will release its own PMI report at 13:45 GMT+0. The price of the US Dollar continues to witness the impact of the hawkish Federal Reserve and new escalations within the Middle East.


UK and EU PMI Data


The European PMI reports were the first to be made public. Both French PMI reports fell below expectations and below the previous month’s release. Particularly investors were concerned with the Manufacturing PMI which fell from 49.8 to 47.8. The German Manufacturing PMI read as expected while the Services PMI rose to a 2-month high.


A similar story for the UK, Manufacturing PMI data read higher than expectations while the Services PMI read as expected. However, the Great British Pound index still fell in value despite the report. In addition to this, the Pound also continues to remain under pressure from the Bank of England which held its interest rate at 4.25%, supported by six of the nine governing board members, in response to improved trading conditions following the agreement with the US. The Euro Index is currently trading at 0.56% lower and the Pound at 0.63%.


The Bank of England Governor’s speech tomorrow afternoon, along with Thursday’s address, will play a major role in driving the British Pound. Meanwhile, the Euro will see limited releases, with the German IFO Business Climate standing out as the key focus.


US Dollar And Middle East Escalation


The best-performing currency of the day is the US Dollar which is currently trading 0.69% higher so far today. The first reaction of the US Dollar after the US bombing of Fordow, Natanz and Isfahan was a downward price movement, however, the market since then has significantly risen in value. The US Dollar is currently trading at its highest price on June 11th.


The US Dollar strengthened as geopolitical tensions escalated after US strikes on Iranian nuclear sites triggering a lower risk appetite. However, traders will be closely monitoring the release of the US Manufacturing and Services PMI. Investors expect both PMI reports to be slightly weaker than the previous month, however, this cannot be certain until the release is made public.


EURUSD - Technical Analysis



EURUSD 2-Hour Chart


The EURUSD is currently trading below the 75-period EMA and is currently forming a descending triangle pattern on the 2-hour chart. The descending triangle pattern is known to provide a bearish bias as it trades below the 75-period EMA. However, the price is also trading at the support level. On smaller timeframes, the price continues to trade below the 200-period SMA but is retracing higher. However, the retracement is unable to maintain momentum and is forming lower highs.


Key Price Takeaways:


* USD leads as geopolitical tensions and Fed hawkishness boost demand; up 0.69% today.
* UK and EU PMIs failed to support GBP and EUR despite some stronger readings.
* BoE and ECB speeches/data remain key drivers; markets await US PMI release.
* EUR/USD shows bearish signals, trading below key EMAs in a descending triangle.


Always trade with strict risk management. Your capital is the single most important aspect of your trading business.


Please note that times displayed based on local time zone and are from time of writing this report.


Click HERE to access the full HFM Economic calendar.


Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!


Click HERE to READ more Market news.


Michalis Efthymiou
HFMarkets


Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.