Economic Events

The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the EUR, while a lower than expected rate is negative/bearish for the EUR.

Today the CFD market has developed a lot since the first CFDs and offers huge variety of underlying financial instruments ranging from stocks, equity indices and currencies to commodities, bonds and derivatives. CFDs (Contracts For Difference) are traded in the most of the developed world. Because of the ability to trade CFDs on margin those are actually financial instruments that are generally traded by financial institutions to hedge against ownership in original assets, and by individuals and retail traders that speculate on its price direction. CFDs were firstly traded on stocks of the London Stock Exchange in early 1990, initially available to only institutional traders to hedge their exposure on the underlying share. At the end of 1990s CFDs were introduced to retail traders and together with the development in computerized system became very popular. Thanks to low costs, leveraged positions and time saving benefits, CFD trading has been gaining more and more popularity throughout the past decade. Perfekt Capital Limited offers significant amount of CFD instruments in different markets. Traders can select different CFDs from all of these markets, or specialize in one market. Indices:Stock Market Index or just Index is a number that measures a certain sector of the stock market. At Perfekt Capital Limited we offer a wide list of CFDs on major world indices including S&P 500, DAX 30, FTSE 100, Nikkei 225.
Stocks: Stock (also known as an equity or a share) is a type of security that shows the proportional part of ownership of a corporation. Perfekt Capital Limited provides a wide selection of CFDs on Shares of world’s leading companies such as Apple, Coca Cola, Google, Facebook, etc.You can trade stocks with one of the lowest tight spreads in the market.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Retail Sales measure the change in the total value of sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Italy is approaching one of the most crucial political times in its history. On the 4th of December, 2016, Italian citizens will vote on a constitutional referendum, where they will approve or disapprove the political amendments proposed by the ruling government. These amendments revolve around the appointment system and political powers of the Parliament of Italy, along with changes in the powers of the regional body entities. If approved, this bill will trigger one of the biggest political revolutions Italy has seen since World War II. If rejected, the ruling government may have to resign altogether, causing a ripple-effect in the European Union (EU) and probably affecting the value of the Euro (EUR). Regardless of the outcome, the implications of this huge political event must be followed closely.
Perfekt Capital will be analyzing and covering the Italian constitutional referendum closely, with periodic updates. Keep coming to this page for up-to-date news coverage, analysis and market breakdowns, to deepen your understanding of how the Italian constitutional referendum may impact the global financial markets.

Donald Trump Elected Next U.S. President: Watch the latest Perfekt Capital video for our most up-to-date news coverage, analysis, and market breakdowns, to deepen your understanding of the how the US presidential election might impact the financial markets and global economies.

NFP is an acronym for Non Farm Payroll Report, a commonly anticipated U.S. government report released on the first Friday of every month. NFP data is collected, analyzed & released by the United States Labor Department, providing a financial and economic summary from various standpoints of leading American companies and manufacturers. The NFP report is frequently anticipated by economists, market analysts, & traders worldwide, due in part to its track-record of generating change and volatility in financial markets on the days prior to, following, and most significantly, on the day of its release.
The report’s results are generated based on data collected via household, institution and corporate payroll surveys, with corporate payroll surveys designed in direct correlation to the US Labor Department’s interviews of U.S. businesses and manufacturers. In turn, the public is exposed to factual, economic and employment statistics about some of the biggest names in corporate America, with survey questions developed based on the feedback of U.S. corporate spearheads. Should business owners and leading executives forecast positive economic developments for their company, recruitment numbers escalate, generating higher survey figures and results, and the reverse for negative projections.

Often vital and useful to Forex traders globally, past NFP Report release dates have proven to generate high levels of market volatility, along with the evident impact on long-term currency trends, and U.S. index and commodity rates on the day results are announced. Simultaneous to the announcement of NFP Report results, the U.S. unemployment rates, average hourly pay rate and the industrial manufacturing stats are released to either support or negate the US Labor Department’s conclusions. Traders can thus evaluate their execution approach and make strategic decisions in considering the various statistical factors and data available to them. Whether it be in determining and planning the timing of buying and selling an instrument, opening and/or closing trades, or selecting an instrument to pursue based on economic conditions, the NFP Report results are used by many as a tool to optimize trading results.