Market Watch

  
 
Welcome to FxPulp
Pulp International Business Ltd "FxPulp" based in Limassol - Cyprus, is a reputable financial firm, offering investors trading facilities in the financial markets on a wide range of financial instruments using CFDs.

FxPulp is regulated and licensed by Cyprus Securities and Exchange Commission (CySEC), operating under the EU Markets in Financial Instruments Directive (MiFID), and a member of the Investors Compensation Fund (ICF); Furthermore, FxPulp is recognized by the Financial Services Authority (FSA) as an authorized financial firm across the European Economic Area.
 
 
   
 
   
   
   
 

Latest News

After Greece, eyes turn to the economic status in the euro area once again
After the approval of Greece's second bailout by euro area finance ministers yesterday, eyes are on fundamentals from the euro area to see the economic status in the first quarter after the slowdown seen in the end of 2011.
Asian stocks advance on China, U.S. and weaker yen
Although investors are concerned by the rising oil prices and the fragility of the eurozone and the restructuring challenging Greece will face from now on since the deal may only be a short-term fix to the problem, most Asian stocks rose today ...
German PMI manufacturing and services figures disappoint markets in February  
Germany started the session today with the purchasing managers' advanced indexes for manufacturing and services, where the PMI manufacturing index declined in February to 50.1 from 51.0, below expectations of 51.5.
Euro Area Services and Manufacturing Sectors Contract in February  
After a positive start in January the main economic sectors in the euro area resumed their frail improvement and maintained a weak status only parallel to the current mild recession status.
French Manufacturing PMI expands while Services slows  
The French Manufacturing sector expanded in February according to the advanced PMI estimate as the index rose to 50.2 from 48.5.
European Manufacturing and Services miss expectations in February
Mixed and cautious trading dominated the market with the start of the session today as investors are still weighing the Greek second bailout package and the European Central Bank's unclear role in fighting back the debt crisis. However, the sentiment deteriorated and negativity spread in the market after the downbeat German manufacturing and services, which unexpectedly retreated in February.
BoE disagreed over APF increase two members prefer more easing  
The Bank of England minutes for the policy meeting held on 8 and 9 February unexpectedly showed a split among members in February over the Asset Purchase Facility as two members unexpectedly called for a bigger increase in purchases on the risk that CPI inflation will materially fall below target.
Bank of England Minutes show spilt over the APF increase
The Bank of England released the Minutes of the Monetary Policy Committee meeting held on 9 February 2012 today, where the MPC voted unanimously to leave rates steady at 0.5%; however, policy makers split on the bond purchases program.
Euro zone industrial new orders expands beyond expectation
The euro zone released the industrial new orders for December, where the seasonally adjusted monthly index expanded by 1.9% from the previous drop of 1.3%, beating estimates of 0.5%.
Sterling slumps on split APF vote while euro weakens on PMI date
The European session today was focused on the fundamentals today rather than remain exclusively depicting the debt crisis developments and the outlook for Greece. Downbeat fundamentals generally fueled the worries across markets sending currencies and equities lower as the underlying macroeconomic status in Europe remains weak!
Traders Await U.S Housing Data, Obama Seeks to Cut Corporate Tax Rate
Traders in the U.S are anticipating a National Association of Realtors report that may show the sales of previously owned homes in the U.S probably inclined 1.1 percent last month to a 4.66 million annual rate, the fourth consecutive rally and the highest in almost a year, from a 4.61 million pace in December
Ftich downgrades Greece says write-offs constitute restricted default  
Fitch Ratings today once again cut the Greek credit rating to C from CCC and said that the new write-offs will constitute as a “restricted default”.
Euro Defensive, USD Maneuvering
The common currency is in defense mode, surprisingly holding well so far. After the Euro zone manufacturing and services sectors data showed unexpected contractions this month. The data are mainly watched as an indicator for the coming GDP figures, as another contraction in GDP would be the second contraction in row thus the euro zone will be technically in recession.
U.S Existing Home Sales Rose Unexpectedly In January
Sales of previously owned homes in the U.S unexpecteldy rose 4.3 percent to a 4.57 million annual pace in January, from a revised 4.38 million annual pace in December, the National Association of Realtors said on Tuesday. Analysts' expected a 1.1 percent gain to 4.66 million annual pace last month.
Hertz gets a wave from Google
One of the great scientists of modern civilization, Heinrich Rudolf Hertz, is celebrated today with a Google Doodle. Today marks the 155 birthday of German physicist whose work was essential to wireless telegraph, radio, radar and eventually television and Wi-Fi...
Argentina Train Crash: Death Toll Nears 50
State media reported a shocking train collision on Wednesday, where at least 49 people were killed and more than 600 people were injured today when a commuter train crashed into a barrier at the end of a platform at a station in the Argentine capital, Buenos Aires
Fundamental analysis for major currencies
Daily fundamental analysis on major economic releases from all around the world, covering expectations and market scenarios in preparation for the actual readings.
Fundamental analysis for Crude oil
Collecting all a news and fundamentals for light sweet crude oil, analyzing all the data in hand and predicting the futuristic movements of the crude oil and all energy products accordingly.
Fundamental analysis for precious metals
Collecting all a news and fundamentals for Precious metals like gold, silver, platinum and more, analyzing all the data in hand and predicting the futuristic movements of all precious metals products accordingly.
Technical analysis for major currencies
Technical analysis for the major currencies pairs, updated twice a day ahead of the European session and the U.S. session, and including weekly and monthly predictions, with charts and analysis, support and resistance tables, and recommendations for all time intervals.
Technical analysis for cross currencies
Technical analysis for the major cross currencies pairs , updated twice a day ahead of the European session and the U.S. session, and including weekly and monthly predictions, with charts and analysis, support and resistance tables, and recommendations for all time intervals.
Technical analysis for precious metals
Technical analysis for gold and silver, updated twice a day ahead of the European session and the U.S. session, and including weekly and monthly predictions, with charts and analysis, support and resistance tables, and recommendations for all time intervals.
Technical analysis for crude oil
Technical analysis for light sweet crude oil, updated twice a day ahead of the European session and the U.S. session, and including weekly and monthly predictions, with charts and analysis, support and resistance tables, and recommendations for all time intervals.
 
 
 
Daily Calendar
EcoTimeImpactEventDetailForecastPreviousActualReview
DE 08:30 PMI Manufacturing (FEB A) - 51.5 51.0 50.1 -
DE 08:30 PMI Services (FEB A) - 53.9 53.7 52.6 -
EZ 09:00 PMI Composite (FEB A) - 50.5 50.4 49.7 -
EZ 09:00 PMI Manufacturing (FEB A) - 49.4 48.8 49.0 -
EZ 09:00 PMI Services (FEB A) - 50.6 50.4 49.4 -
GB 09:30 Bank of England Minutes( Vote on APF) - 0-9 0-9 7-2 -
GB 09:30 Bank of England Minutes( Vote on Rate) - 0-9 0-9 9-0 -
US 15:00 Existing Home Sales (JAN) M 4.66 4.61 4.57 4.38