Markets rebound

Chinese market rebound after the suspension of the circuit breaker and the announcement of the PBOC quote 0.5 percent higher for yuan Friday compared with the previous day. This seems to stir investors’ appetite to invest again in Chinese equities. With futures on S&P500 and DAX30 opening on positive territory looks like an end on 8-straight days of markets downfall.

After reaching as low as $32.50 yesterday morning, Brent Oil started picking up and is currently trading at $34.60 a barrel. With no major fundamental news and with the oversupply in the market, investors believe that the rebound in the equity market is a sign that business prospect in China will improve. Thus China imports of oil will not decline.

For gold looks like an end of the small rally that started at the beginning of the week, when poor data came from the Chinese manufacturing sector. Trading currently at 1100.37 gold seems to start a retracement after hitting a resistance line at 1112.28 where it opened.

With investors more confident in the equity markets, the dollar started to appreciate against other currencies. Also, the Australian dollar is appreciating against the US dollar, as the Australian economy is highly dependent on the commodities exports to China. 

Rally Team


China hard landing?

DAX 30 opened with a 130 point gap and broke the support at 10132.4 this was triggered by further depreciation of the Chinese yuan in a desperate measure to increase the exports that have been struggling. This movement from PBOC triggered another circuit break, the second this week that suspended the trading for the rest of the day, just 29 minutes after the markets opened. Fear spread also to S&P500 which fell in the six days in a row. 
Depreciation of yuan puts even higher pressure on commodities. Zinc is trading at 8-year low at 1466, similarly Nickel price is 8240 which represents over 10 year low.
With the tensions in the Middle East and China that is the largest oil importer and its exports and manufacture slowing down, oil price is plunging at $33.30 a barrel. On the other hand, Gold is looking as a safe bet this time for investors as the price continues to move upward. Gold is not alone in this category the Japanese yen is also benefitting from the investors’ confidence as is undervalued against other currencies.

Rally Team



Rollover on NATGAS, HKComp, CHNComp, INDIA50 - results

Dear Clients,

Please note that yesterday there was a change of delivery date for NATGAS, HKComp, CHNComp and INDIA50 instruments. Clients who have had open positions were credited or debited with proper swap points amounts.
These are:
- NATGAS: -60 swap points for long position; 60 swap points for short position
- HKComp: -23 swap points for long position; 23 swap points for short position
- CHNComp: -18 swap points for long position; 18 swap points for short position
- INDIA50: -317 swap points for long position; 317 swap points for short position

Kind regards,

Forex Rally

Rally Team


Rollover on CHNComp, HKComp, INDIA50, NATGAS

Dear Clients,

Please note that today at the end of trading day CHNComp, HKComp, INDIA50 and NATGAS underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
- CHNComp approx. 13 index points,
- HKComp approx. 14 index points,
- INDIA50 approx. 31,3 index points,
- NATGAS approx. 0,08 USD.
It means that if nothing occurs between today's closing and tomorrow’s opening, open price for CHNComp, HKComp, INDIA50 and NATGAS should be higher by given values.
Change of position value connected with base change will be corrected by swap points equal to base value. Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value. Otherwise stop and limit orders will be executed according to standard procedure.

Kind regards,

Forex Rally

Rally Team


Rollovers, holidays and dividends in the current week

Dear Clients,

Please find below information regarding rollovers, holidays and dividends in this week.

Rollovers:
Tuesday 22.12 – HKComp, CHNComp, NATGAS, INDIA50.

Information about national holidays are included in the news named: “Trading during Christmas and New Year”.

Dividends Equity CFD (paid in cash):
Monday 21.12 - AMX.USDG.USFP.FRMERY.FRPM.USREP1.ESSAF.FRVEA.US,VWO.US
Tuesday 22.12 - BRO.ESERJ.USMDT.USMO.USRL.US
Wednesday 23.12 - CME.US
Thursday 24.12 - BRBY.UKBTA.UKCABK.ESCIB.USSON.PT,

Spin off:
Thursday 24.12 – NKE.US

Kind regards,

Forex Rally

Rally Team


Trading during Christmas and New Year

Dear Clients,

We would like to remind you that on December 24th, trading on all instruments will end at 7:00 pm, and on December 31rd at 10:00 pm. Moreover, between December 23rd 2015 and January 1st 2016schedule of trade on some instruments will be changed:

Wednesday 23.12
JAP225 – trading will be cancelled

Thursday 24.12
EU.50, SUI20, BRAComp, DE.30, HUNComp, CZKCASH, W.20, BUND10Y, SCHATZ2Y, ITA.40, USDBRL - trading will be cancelled

ALUMINIUM, COPPER, NICKEL, ZINC - trading until 5:00 pm
FRA.40, SPA.35, POR20, NED25 - trading until 2:00 pm
UK.100 - trading until 1:30 pm
EMISS - trading until 1:00 pm
HKComp, CHNComp - trading until 5:00 am
AUS200 - trading until 4:30 am

Equities based on Czech (.CZ), Italian (.IT) and German (.DE) stocks - trading will be cancelled
Equities based on UK (.UK) stocks - trading from 9:00 am to 1:30 pm
Equities based on Spanish (.ES), Portuguese (.PT), French (.FR) stocks - trading from 9:00 am to 1:55 pm
Equities based on USA (.US) stocks – trading from 3:30 pm to 7:00 pm
Friday 25.12
There will be no trading

Monday 28.12
UK.100, AUS200, ALUMINIUM, COPPER, NICKEL, ZINC, SUGARs, COFFEE, COCOA, COTTONs  - trading will be cancelled
Equities based on UK (.UK) stocks - trading will be cancelled

Wednesday 30.12
USDBRL - trading will be cancelled
Equities based on German (.DE) stocks - trading from 9:00 am to 2:00 pm

Thursday 31.12
KOSP200, JAP225, BRAComp, EU.50, SUI20, DE.30, HUNComp, CZKCASH, W.20, BUND10Y, SCHATZ2Y, ITA.40, RUS50, USDCLP, USDBRL - trading will be cancelled
OILs - trading until 8:30 pm
ALUMINIUM, COPPER, NICKEL, ZINC - trading until 5:00 pm
FRA.40, SPA.35, POR20, NED25 - trading until 2:00 pm
UK.100 - trading until 1:30 pm
HKComp, CHNComp - trading until 5:00 am
AUS200 - trading until 4:30 am
Equities based on Czech (.CZ), Italian (.IT) and German (.DE) stocks – trading will be cancelled
Equities based on UK (.UK) stocks – trading from 9:00 am to 1:30 pm
Equities based on Spanish (.ES), Portuguese (.PT), French (.FR) stocks – trading from 9:00 am to 1:55 pm
Equities based on USA (.US) stocks – trading from 3:30 pm and 22:00 pm (CET)


Friday 1.01.2016
There will be no trading


Due to the expected lower liquidity between December 24th, 2015 and January 2nd, 2016 spread levels and limits on some instruments may be temporarily increased.

Kind regards,
Forex Rally

Rally Team


Rollover on European Indices and OIL.WTI - results

Dear Clients,

Please note that yesterday there was a change of delivery date for DE30, EU50, FRA40, HUNComp, ITA40, SPA35, SUI20, UK100, W20, NED25, POR20 and OIL.WTI instruments. Clients who have had open positions were credited or debited with proper swap points amounts.
These are:
- DE30: -40 swap points for long position; 40 swap points for short position,
- EU50: 100 swap points for long position; -100 swap points for short position,
- FRA40: 70 swap points for long position; -70 swap points for short position,
- HUNComp: 64 swap points for long position; -64 swap points for short position,
- ITA40: -12 swap points for long position; 12 swap points for short position,
- SPA35: 55 swap points for long position; -55 swap points for short position,
- SUI20: 100 swap points for long position; -100 swap points for short position,
- UK100: 500 swap points for long position; -500 swap points for short position,
- W20: -10 swap points for long position; 10 swap points for short position,
- NED25: -20 swap points for long position; 20 swap points for short position,
- POR20: 9 swap points for long position; -9 swap points for short position,
- OIL.WTI: -128 swap points for long position; 128 swap points for short position.

Kind regards,

Forex Rally

Rally Team


Rollover on European Indices and OIL.WTI

Dear Clients,

Please note that today at the end of trading day UK100, DE30,  EU50, FRA40, SPA35, ITA40, SUI20, W20, HUNComp, NED25, POR20 and OIL.WTI underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:

- UK100 approx. -50 index points,
- DE30 approx. 5 index points,
- EU50 approx. -9 index points,
- FRA40 approx. -6,5 index points,
- SPA35 approx. -55 index points,
- ITA40 approx. 15 index points,
- SUI20 approx. -102 index points,
- W20 approx. 7 index points,
- HUNComp approx. 0 index points,
- NED25 approx. 0 index points,
- POR20 approx. -9 index points,
- OIL.WTI approx. 1,3 USD.
It means that if nothing occurs between today's closing and tomorrow’s opening, open price for DE30, ITA40, W20 and OIL.WTI should be higher, and lower for remaining mentioned instruments by given values.
Change of position value connected with base change will be corrected by swap points equal to base value. Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value. Otherwise stop and limit orders will be executed according to standard procedure.

Kind regards,

Forex Rally

Rally Team


Rollover on MEXComp and AUS200

Dear Clients,

Please note that yesterday there was a change of delivery date for MEXComp and AUS200 instruments. Clients who have had open positions were credited or debited with proper swap points amounts.
These are:
- MEXComp: -292 swap points for long position; 292 swap points for short position
- AUS200: 53 swap points for long position; -53 swap points for short position

Kind regards,

Forex Rally

Rally Team

Use your preferred trading platform

Register Now


Payment Options

What Clients Say?