Walmart posts strong results ahead of holidays, earns praise from Trump By Reuters


© Reuters. A customer pushes a shopping cart at a Walmart store in Chicago

By Nandita Bose

WASHINGTON (Reuters) – Walmart Inc (N:) posted strong results on Thursday as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries, earning praise from U.S. President Donald Trump.

The world’s largest retailer has now posted a 21-quarter, or more than five-year, streak of U.S. growth, unmatched by any other retail chain. Its shares rose 1.9 percent in early trade, and helped lift other retailers, including Target Corp (N:) and Macy’s Inc (N:).

Trump used Walmart’s performance to say U.S. tariffs, imposed by his administration on imports from China, have had little impact on consumers.

“Walmart announces great numbers. No impact from Tariffs (which are contributing $Billions to our Treasury)…,” Trump said in a tweet.

Consumer spending going in to the crucial holiday season remains healthy, Chief Financial Officer Brett Biggs told Reuters in an interview on Thursday. Retailers earn a sizeable chunk of their annual revenue during November and December.

“The consumer remains in pretty good shape, employment situation is good, fuel prices are low … wage growth is pretty good,” he said.

Walmart has also managed to minimize the impact from U.S. tariffs on Chinese imports, Biggs said. “I think we’ve muted the impact (of tariffs) pretty well up to this point.”

The retailer gets 56% of its revenue from food and grocery sales, which allows it to manage the pressure from tariffs better than many rivals, analysts said.

Earlier this week, Trump dangled the prospect of completing an initial trade deal with China “soon,” but offered no new details on negotiations.

In October, Walmart said its chief executive for U.S. operations, Greg Foran, who was responsible for turning around the business, will leave the company and be replaced by the head of its Sam’s Club warehouse chain unit, John Furner.

The U.S. business has “a lot of momentum,” Furner, who took charge on Nov. 1, told reporters on Thursday. His priority is to maintain that pace until the end of the holiday season, he added.

The company is focused on spreading out sales during this year’s compressed holiday season, instead of focusing on a few big days, executives said.

Online sales rose 41%, higher than the previous quarter’s increase of 37 pct and greater than the company’s expectation of 35%.

“Our strength is being driven by food, which is good, but we need even more progress on Walmart.com with general merchandise,” CEO Doug McMillon said in a statement.

Food typically has lower margins and does not drive online profitability, which has continued to suffer for the retailer.

Operating income fell 5.4 percent to $4.7 billion as a result of ongoing investments in e-commerce including faster delivery.

Losses at the U.S. e-commerce business could rise to about $1.7 billion this year from $1.4 billion in 2018, according to estimates from Morgan Stanley (NYSE:).

U.S. e-commerce chief Marc Lore said improving operating profitability is a key area of focus for the company.

Sales at U.S. stores open at least a year rose 3.2%, excluding fuel, in the quarter ended Oct.31. Analysts estimated growth of 2.9%, according to IBES data from Refinitiv.

Adjusted earnings per share increased to $1.16 per share, beating expectations of $1.09 per share.

Walmart forecast earnings per share, including the impact from its acquisition of Indian e-commerce retailer Flipkart, to increase “slightly” from a year ago.

Total revenue rose 2.5 percent to $128 billion.



Gold Prices Rebound as Havens Sought Ahead of Powell Testimony By Investing.com


© Reuters.

Investing.com — Gold and silver prices rebounded on Wednesday as the negative implications of President Donald Trump’s speech on Tuesday filtered through to markets – albeit with something of a delay.

In a keynote speech, Trump had again played down talk of a mutual roll-back of tariffs with China and threatened to raise import tariffs much higher. On the evidence of the year so far, such a step could quickly feed through into a further slowdown in the global economy, requiring yet more policy support from the world’s central banks.

Prices were held in relatively narrow ranges as the market awaited Congressional Testimony later in the day from Federal Reserve Chairman Jerome Powell. Markets have all but ruled out any action from the Fed at its December policy meeting, but many still expect it to cut U.S. interest rates again next year against the backdrop of stuttering economic growth.

Consumer inflation data released earlier did not, at first glance, strengthen the case for Fed action significantly. Although the rate of inflation ticked down to 2.3% from 2.4%, the headline number ticked up to 1.8% from 1.7%.

By 9:45 AM ET (1445 GMT), for delivery on the Comex exchange had rebounded to $1,464.85 a troy ounce, up 0.8% on the day, and up nearly 1% from Tuesday’s lows below $1,450.

was was up 0.4% at $1,463.45 an ounce.

Although the rally in gold and other haven assets has cooled in recent weeks, some point out that the longer-term strategic support to prices from global monetary policy hasn’t gone away.

“Don’t forget the fact that 70% of developed markets worldwide are in negative rate territory, and gold is global,” said World Gold Council managing director Joe Cavatoni in an interview with TD Ameritrade.

Analysts at ABN AMRO (AS:) said in a research note that they were keeping their year-end forecast for 2020 at $1,600/oz.

The U.K., a source of much portfolio buying of gold this year, inched closer to its next interest rate cut on Wednesday as the rate of fell to a three-year low of 1.5%, while annual produce price inflation fell to 0.8%, also a three-year low. The Bank of England had warned last week that it may have to cut interest rates in the new year if the prolonged uncertainty over Brexit – along with the global slowdown – continue to create spare capacity in the economy.

Elsewhere, rose 1.2% to $16.90 an ounce, while rebounded 0.4% to $873.90.

U.S. government bond yields fell by between 1 and three basis points, meanwhile.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Asia shares turn sluggish ahead of Trump speech By Reuters



By Wayne Cole

SYDNEY (Reuters) – Asian share markets got off to a sluggish start on Tuesday amid uncertainty over both the Sino-U.S. trade talks and the domestic political situation in Hong Kong.

MSCI’s broadest index of Asia-Pacific shares outside Japan () eased 0.05%, following a sharp 1.2% pullback on Monday.

Japan’s Nikkei () dithered either side of flat, while South Korean stocks () inched up 0.3%. E-Mini futures for the S&P 500 () was off 0.1% in quiet trade.

Caution ruled ahead of a speech by U.S. President Donald Trump to the Economic Club of New York later in the day in case there was any new word on the Sino-U.S. Phase one trade deal.

Trump wrongfooted markets over the weekend when he said there had been incorrect reporting about U.S. willingness to lift tariffs on China.

On a more positive note, Politico reported Trump would announce this week that he is delaying a decision on whether to slap tariffs on imported European Union autos for another six months.

Investors were also eyeing the situation in Hong Kong after a violent escalation of protests knocked nearly 2% off Asia-exposed banks HSBC (L:) and StanChart (L:).

A partial holiday in the United States closed the Treasury market on Monday and made for a quiet session on Wall Street. The Dow () ended up 0.04%, while the S&P 500 () lost 0.20% and the Nasdaq () 0.13%.

Shares of Boeing Co (N:) jumped 4.5% after saying it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and expects commercial service to resume in January.

In currency markets, the main action was in sterling which hit a six-month high on the euro after the Brexit Party said it would not contest previously Conservative held seats in the UK election.

In a significant boost for Prime Minister Boris Johnson ahead of the Dec. 12 election, Brexit Party leader Nigel Farage said he did not want anti-Brexit parties to win, so was standing down candidates in seats won by the Conservatives in 2017.

The pound reached 0.8582 per euro (), and firmed to $1.2864 having risen 0.6% overnight.

The dollar also eased back elsewhere, dipping to 98.210 on a basket of currencies ().

The euro edged up to $1.1035 () and away from a three-week low of $1.1015, while the dollar faded to 109.02 yen .

suffered a third day of declines, to touch its lowest since early August at $1,447.89 per ounce .

Oil prices edged lower as the lack of progress on U.S.-China trade negotiations kept prices pressured, though bullish inventory data offered some support. [O/R]

U.S. crude () lost 22 cents to $56.64 a barrel, while Brent crude () futures were yet to trade.

Graphic: Asian stock markets (https://product.datastream.com/dscharting/gateway.aspx?guid=516bc8cb-b44e-4346-bce3-06590d8e396b&action=REFRESH)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Pound Little Changed Ahead of Lagarde’s First Official Speech By Investing.com


© Reuters.

Investing.com – The British Pound was little changed on Monday in Asia as investors wait to hear the first speech from the new head of European Central Bank (ECB).

The that tracks the greenback against a basket of other currencies was unchanged at 97.041 by 12:19 AM ET (04:19 GMT).

U.S. rose by 128,000 last month, according to the Labor Department. Analysts polled by Investing.com only had a consensus for a rise of 89,000. The outperforming data provided a boost to U.S. stock markets and sent the S&P500 to record highs.

Mohammed Apabhai, head of Asia Pacific trading strategies group at Citi, told CNBC in an interview that he thinks the U.S. dollar index could fall to as low as 85 as the Federal Reserve buy more bond assets and push bond yield down.

The dollar usually weakens when bond yields fall.

“Our latest projections are that it would weaken even further — maybe to the high 80s, perhaps even as low as 85,” said Apabhai.

“We’re basically saying that the Fed is probably going to be the most dovish of all the central banks, regardless of the fact that … they’ve put rates on pause,” he said.

On the Sino-U.S. trade developments, U.S. President Donald Trump said on Friday evening that negotiations about a “phase one” agreement were going well and he hoped to sign the deal with Chinese President Xi Jinping at a U.S. location when work on the agreement was completed.

The pair inched up 0.1%. Bank of Japan’s monetary policy meeting minutes is due on Wednesday.

The pair last traded at 1.2937, up 0.03%, as traders await new ECB head Christine Lagarde’s first official speech later in the day.

The pair was also near flat. The Bank of England’s newly renamed Monetary Policy Report is out on Thursday.

The pair inched up 0.1%. The Reserve Bank of Australia’s rate decision is due on Tuesday.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Dollar Slides to 10-Day Low Ahead of Payroll Data By Investing.com


© Reuters.

Investing.com — The dollar fell to its lowest in some 10 days in early trading in Europe amid hopes that the world economy may be bottoming out.

Those hopes rested largely on a Chinese business survey by , which showed the strongest improvement in operating conditions for Chinese manufacturers since February 2017. Output and new orders both expanded at steeper rates, with the latter supported by a renewed increase in export business.

That contrasted sharply with a more gloomy reading from the state-compiled PMI earlier in the week, which showed continued weakness.

Other purchasing manager indexes from around Asia showed the world’s manufacturing continuing to struggle, with ’s falling to a four-year low, ’s slipping into contraction territory and ’s staying in negative territory despite a modest increase.

’s showed manufacturing output falling for a 10th straight month. Even so, the strengthened to a three-week high of 107.95 against the dollar by 4:30 AM ET (0830 GMT).

Among European currencies, and both benefited from dollar weakness ahead of what is expected to be a complicated set of U.S. numbers at 8:30 AM ET. The headline nonfarm payrolls growth number is expected to fall to 89,000, due largely to the impact of the strike at General Motors (NYSE:). That will put more focus than usual on wage developments, where and are expected to stay unchanged from September.

By 4:30 AM ET, the , which tracks the dollar against a basket of developed market currencies, was down 0.1% at 97.037, on course for a 0.6% drop on the week. Sterling was up 0.2% at $1.2966 while the euro was up 0.1% at $1.1157.

“In the coming weeks however, with a majority (election) win for the Conservatives priced in and less room for a short-squeezing effect, the upside for sterling appears quite limited,” analysts at ING said in a morning note.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Japan Sept. household spending seen jumping ahead of sales tax hike: Reuters poll By Reuters



TOKYO (Reuters) – Japan’s household spending likely rose at the fastest pace in nearly 20 years in September, a Reuters poll found on Friday, as shoppers rushed to buy goods ahead of a sales tax hike in October.

Household spending was seen rising 7.8% in September from a year earlier, the poll of 14 economists showed, the fastest pace since comparable data from 2001.

Spending had spiked 7.2% in March 2014, a month ahead of the previous sales tax increase, but then fell sharply and did not return to growth for more than a year.

“Retail sales data has shown there was rush demand for luxury goods, electrical appliances, cosmetics and alcohol,” said Takeshi Minami, chief economist at Norinchukin Research Institute.

“The focus will be on when subsequent falls in household spending after the tax hike will wane.”

Japan rolled out a twice-delayed increase in the sales tax to 10% from 8% on Oct. 1, a move seen as critical for fixing the country’s tattered finances but that could tip the economy into recession by dampening consumer sentiment.

Retail sales grew at the strongest pace in 5-1/2 years in September as consumers rushed to buy big-ticket items to beat the tax hike.

The government will announce household spending data at 8:30 a.m. Japan time on Nov. 8 (2330 GMT, Nov. 7).

The Bank of Japan kept monetary policy steady on Thursday as expected but gave the strongest signal to date that it may cut interest rates in the near future, underscoring its concern that overseas risks could derail a fragile economic recovery.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Dollar Treads Water Ahead of Expected Fed Rate Cut By Investing.com


© Reuters.

Investing.com – The dollar was holding steady against the other major currencies on Wednesday ahead of an expected interest rate cut from the Federal Reserve and data on third quarter growth that could shed light on the longer term outlook for monetary policy.

The U.S. central bank is expected to for a third time in as many meetings when it concludes its two-day meeting on Wednesday.

Advance data on was also expected to be scrutinized for clues on the economic outlook, coming ahead of other major data releases such as Friday’s key non-farm payrolls report.

“In the last 4-5 weeks there has been a concern that the consumer part of the market is starting to slow and that could mean more cuts next year,” said Derek Halpenny, European head of global markets at MUFG in London.

“So what lies ahead post the Fed meeting, the GDP data, payrolls will shape market expectations in addition to what (Fed chief Jerome) Powell will say today.”

The dollar was steady against the at 1.1118 by 05:17 AM ET (09:17 GMT) and marginally lower versus a of six major currencies at 97.41.

Against the , the greenback was also little changed at 108.82, not far from its three-month high of 109.07 yen touched on Tuesday.

Investors are watching for any indication that further cuts are likely, with futures pricing suggesting more easing is expected in 2020. If that is not foreshadowed, traders expect the dollar to rise.

“If the market is going to price in the end of current rate-cut cycle, the dollar/yen could climb above 110 yen,” said Tohru Sasaki, head of Japan markets research at JPMorgan Chase Bank.

“On the other hand, if the market is going to price in two more cuts after this month’s expected cut, the pair could fall to mid-107 yen level,” he added.

Optimism that Washington and Beijing would finalize the first-stage of a trade deal next month had boosted risk assets in recent days, but markets have turned wary.

A U.S. administration official said on Tuesday an interim trade agreement between the two side might not be completed in time for signing on the sidelines of an Asia-Pacific summit in Chile next month, but that does not mean the accord is falling apart.

was also stable, holding below recent five-month highs, after Britain’s lower house of parliament approved calling an early election in December that might break the Brexit deadlock.

–Reuters contributed to this report

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Gold Prices Slip Ahead of Fed Decision; Sino-U.S. Trade Worries in Focus By Investing.com


© Reuters.

Investing.com – Gold prices slipped on Wednesday in Asia as traders awaited the much-awaited Federal Reserve rate decision due later in the day.

The Fed is expected to cut rates for a third time in a row when it concludes its two-day meeting on Wednesday in the stateside.

for December delivery slipped 0.1% to $1,489.65 by 1:36 AM ET (05:36 GMT).

“In gold’s case, other than the 25-basis-point rate cut we’re expecting tomorrow, there’s very little to look forward to unless the Fed turns incredibly dovish in its outlook language,” said Philip Streible, commodities strategist at RJO Futures in Chicago.

“For now, there’s very little hope for a December cut, too, because many think the Fed is done here.”

On the Sino-U.S. trade front, Reuters cited an unnamed U.S. administration official who said a partial trade deal might not be completed in time for signing in Chile next month as previously expected.

Damage to overall market sentiment was limited asthe official added that the delay did not mean the accord was falling apart.

U.S. President Donald Trump said last week that a trade agreement with China was ahead of schedule, but did not provide more details.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Gold Prices Fall Again as Traders Trim Bets Ahead of Fed By Investing.com


© Reuters.

Investing.com – Gold prices recovered slightly after falling to their lowest level in five days Tuesday, as rising hopes for an interim trade deal between the U.S. and China continued to tease money out of havens and into risk assets.

However, there was no broad-based risk-on movement ahead of the Federal Reserve’s policy meeting, with bond yields consolidating a touch lower after a sharp rise since the start of the month.

The selloff in bonds this month has raised the opportunity cost of holding non-interest-bearing bullion considerably. While there was some $17 trillion in bonds trading at negative yields in September, that’s now fallen to around $13 trillion, according to the World Gold Council.

By 11:30 AM ET (1530 GMT) for delivery on the COMEX exchange were down 0.3% at $1,491.60 a troy ounce, while was down 0.2% at $1,489.23.

were off 0.2% at $17.85 an ounce, while were 0.5% higher at $923.10.

With the market already for an interest rate cut when the Federal Reserve’s policy meeting ends on Wednesday, the risks for gold are arguably skewed to the downside – especially if Chairman Jerome Powell’s guidance leaves doubt about the future path of rates.

Powell has said repeatedly that the high level of uncertainty emanating from issues such as the trade dispute with China, or the risk of a disorderly Brexit, had been the main factor holding back the U.S. economy over the summer.

But with a partial trade truce with China reportedly nearing completion and with the EU having granted the U.K. another three-month extension, near-term risks appear to have abated for now – even if the most recent batch of economic data have been underwhelming. The October U.S. index fell to its lowest level since June, according to data out of the Conference Board on Tuesday, while the Dallas Fed’s index of activity slipped back into recessionary territory in October and companies sharply lowered their outlooks.

Alistair Hewitt, head of market intelligence at the World Gold Council, argues that the global outlook for gold is still supported by the outlook for monetary policy. A total of 54 central banks have cut their rates so far this year, he pointed out in a blog post on Tuesday. Among those cutting last week were three of the world’s largest emerging economies: Russia, Turkey and Indonesia.

“Looking ahead, more central bank interest rate cuts are likely, further supporting investor interest in gold,” Hewitt said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Dollar Flat Ahead of Fed; Johnson Fails to Win Support for Dec 12 Election By Investing.com


© Reuters.

Investing.com – The U.S. dollar was near flat on Tuesday in Asia as traders awaited a highly anticipated Federal Reserve meeting this week.

The that measures the greenback against a basket of other currencies was unchanged at 97.552 by 12:45 AM ET (04:45 GMT). The Fed is strongly expected to cut rate for the third time this year on Wednesday when policy makers meet, but investors will be watching for any indication that further cuts are likely.

Markets also continued to pay close attention to the Sino-U.S. trade developments. Tension between the two nations eased somewhat as the Office of the U.S. Trade Representative (USTR) said Washington is considering extending certain tariff exclusions on $34 billion of Chinese imports.

The news came after U.S. President Donald Trump said overnight that a trade agreement looked to be ahead of schedule, without detailing the timing.

Meanwhile, the pair slipped 0.1% after U.K. Prime Minister Boris Johnson failed to win support for an early general election.

The vote came just hours after European Union Council President Donald Tusk also confirmed that the EU has agreed to extend the deadline for Brexit until Jan. 31, 2020 after a request from the U.K. government.

The pair inched up 0.1%. The Bank of Japan sets policy on Thursday, while Governor Haruhiko Kuroda will hold a news conference.

The pair and the pair rose 0.2% and 0.3% respectively.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link