AWARDS

The International Monetary Fund was the main mover of markets at the end of last week. They first downgraded their forecast for global growth in 2015 following weakness in the Eurozone and emerging markets.

Markets reacted negatively and stocks suffered a strong sell off.  US markets dropped by their strongest rate in two years. Asian markets were mixed during today’s session, while European markets were higher today, posting gains for the first time in five sessions.

Oil dropped to a 3 year low after the IMF summit. Slower global growth would lead to lower demand for oil and so the price was pushed lower. The price has been under pressure for over 2 months as global demand for oil is slowing.

Gold climbed as a safe haven asset last week. The rapid sell off in the stock market was bullish for Gold as it acts as an alternative investment to equities.

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4 Tips for Today's Trading - 13/10

Oil at a 3 Year Low

Yen and Euro Rise Against Dollar

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 1) More Pain to Come? 

The Dow suffered its worst drop of the year last week and ended 2.7% lower. Tech stocks were particularly hard hit.

US stock futures were trending lower on Monday, suggesting that a dramatic rebound may not be in the cards.

 2) Fear Everywhere

Investors are absolutely terrified right now. Markets are particularly unnerved by the Federal Reserve's plans to end its unprecedented stimulus and low interest rate policies.

Around the globe, problem spots are appearing: Germany doesn't look good; neither does Japan.

3) No Safe Haven

Japan's Nikkei was closed for a holiday, but other Asian markets ended mixed despite positive Chinese trade data. European markets were firmly in the red.

4) Stay Tuned

Some of the biggest companies in the US are up to bat with third quarter earnings this week. Netflix (NFLX, Tech30) and eBay (EBAY, Tech30) will report Wednesday. Google (GOOG) is up on Thursday.

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Oil at a 3 Year Low

Yen and Euro Rise Against Dollar

NAB Business Confidence (AUD) - 13/10

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What is it? It checks the Level of a diffusion index based on surveyed German institutional investors and analysts.

It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.

Usual Effect: If the number is higher than expected, you can expect the EUR to rise.

When? October 14th at 5:00am Eastern Time.

Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.

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Other top stories:

NAB Business Confidence (AUD) - 13/10

iPhone 6 Helps China's Export

European Growth Worries Affects Asia Oil

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What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

Usual Effect: If the number is higher than expected, you can expect the GBP to rise.

When? October 14th at 4:30am Eastern Time.

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

NAB Business Confidence (AUD) - 13/10

iPhone 6 Helps China's Export

European Growth Worries Affects Asia Oil

Follow us and SHARE this story on Facebook/Twitter: