MultiBank, the Best Forex Broker

L𝐞𝐯𝐞𝐫𝐚𝐠𝐞 and 𝐙𝐞𝐫𝐨 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 on your commodity trades.

✓ The Only Company to offer 𝐒𝐰𝐚𝐩-𝐅𝐫𝐞𝐞 on CFD shares, including many of the world’s most popular companies
✓ The Only Company to offer the 𝐥𝐨𝐰𝐞𝐬𝐭 𝐒𝐩𝐫𝐞𝐚𝐝 on Gold-$0.02
✓ 20% Deposit 𝐁𝐨𝐧𝐮𝐬 – up to $40,000
✓ Emirates 𝐒𝐂𝐀 Regulated
✓ 𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞 up to 500:1
✓ Protection of Funds 🛡️ Up to $1 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 per Account
✓ 𝐖𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥𝐬💵 within 24 hours
✓ 11 Financial 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐬 on 5 Continents

After a choppy week, European stock markets advance, with Germany’s DAX 40 rising 1.7% in morning trade and the pan-European STOXX 600 rising 1.6%. Investors ignore higher-than-anticipated US CPI data, the possibility of the Federal Reserve tightening monetary policy more quickly, and news that the European Central Bank will begin unwinding its €5.1 trillion asset stockpile by early 2023. Other rumors that the British government would reverse its budgetary policies that shook the financial markets also improved mood.

In August 2022, the British economy shrank by 0.3% month-over-month, following a 0.1% increase in July that was downwardly corrected, and falling short of market expectations for a flat reading. The upkeep of oil and gas infrastructure in the North Sea caused a 1.8% decline in production and a 1.6% decline in manufacturing. Arts, entertainment, and recreational activities decreased 1.3% and 5.0%, respectively, offsetting growth of 1.2% in professional, scientific, and technical activities. Services decreased by 0.1%, with human health and social work activities leading the way. As repair and maintenance fell 2%, construction increased by 0.4%, driven by a 1.9% increase in new projects. Taking the three months up to August into account, the British economy also shrank by 0.3%.

SWAP HUNTER

Are you worried about loosing your savings, pension or your portfolio is underperforming due to the British Economy and the global slowdown?

Beat the banks and brokers with their own weapons

Register your account today with MEX Atlantic and receive the Annual Swap Hunter Licence for free!

That’s right the Professional package or annual Licence is worth $699 but sign up before the end of October and you get it for free!

Visit our website to find out more about how our software works. Swaps are now the hottest asset on Wall Street.

You need a hedging strategy to protect your future.

Swap Hunter is the answer.

Here are some tips for safeguarding your assets and pocketbook.

Use the Swap Hunter software to protect your equity.

The Fed’s 75-basis-point rate increase will cause some pain.

Here are some tips for safeguarding your assets and pocketbook.

This represents the Federal Reserve’s third 75-basis-point rate hike this year.

The Dow fell around 100 points on Thursday, while the S&P 500 and Nasdaq fell about 0.5% each as investors worried about the impact of tighter global monetary policy on growth momentum. On Wednesday, the Federal Reserve raised interest rates for the third time in a row, pledging to keep raising rates as high as 4.6% in 2023 until inflation is under control.

Remember even if you are long the USD, or long on US equities, The Fed’s 75-basis-point rate increase will cause some pain.

Check out our daily performance on our social media pages.

Gazprom freeze the flow through the Nord Stream pipeline and shut it indefinitely, citing maintenance requirements.

TTF natural gas futures, the European benchmark jumped almost 30% to approach €280 per megawatt hour after touching a three-week low of €203 on Friday.

The Nord Stream pipeline was already running at just 20% of capacity before flows were halted last week for a three-day maintenance period.

Gazprom’s decision is set to deepen an ongoing energy crisis in Europe, with countries trying to find alternatives to Russian gas supply, including liquefied natural gas from the US.

European Union ministers will have an emergency energy meeting this week to discuss the energy crisis and define special measures to fight rising costs, which could include gas prices caps.

US Stock Market Falls Gains of August have been fully erased

Jerome Powell reassured stock markets that the Fed will keep interest rates low until inflation is brought down to 2%.

Restoring price stability could require a sustained period of lower growth and labour market conditions will soften.

Personal spending figures for July also missed expectations:

The Dow plummeted 1,000 points, the S&P 500 and the Nasdaq fell 3.4% and 3.9%, respectfully

Tech giants had the sharpest losses, closing at one-month lows with a 9% plunge for Nvidia and 5% drop for Alphabet

In order to avoid losing money from such volatile events use the Swap Hunter Trading System