Dear Clients,

Please note that today, at the end of trading day NATGAS underlying instrument will change its delivery date. Current difference between prices of futures with consecutive delivery terms is:
- NATGAS approx. 0,01 USD
It means that if nothing occurs between today's closing and tomorrow’s opening, open price for 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

Dear Clients,

Below is the calendar for the current week:

Rollovers

Monday 24.08 -  NATGAS

Wednesday 26.08 - HKComp,  CHNComp, INDIA50, TNOTE

In the current week there will be no national holidays.

Equity CFD dividends (paid in cash):

Monday 24.08 - SYMC.US,

Wednesday 26.08 - BRCM.US, LXK.US,

Thursday 27.08 - IHG.UK, DC.UK, LSE.UK, TWX.US, IMT.UK, EL.US, CPA.US, DC.UK

Friday 28.08 - K.US, MCD.US, GS.US,

Dear Clients,

Below is the calendar for the following week:

Rollovers:
There will be no rollovers in the following week.

Due to national holidays trading on following instruments will be cancelled:
Thursday 20.08:  HUNComp
Friday 21.08:  HUNComp

Dividends Equity CFD (paid in cash):
Monday 17.08 - TGT.US, MPC.US, CVX.US,
Tuesday 18.08 - AMAT.US, MSFT.US, MCO.US, LUV.US, MAR.US, ERJ.US, TEVA.US
Wednesday 19.08 – MMM.US,
Thursday 20.08 - PRU.UK, CCL.UK, HMSO.UK, MNDI.UK, BATS.UK,
Friday 21.08 - HSY.US, JNJ.US, LYB.US.

Kind regards,

Forex Rally

Dear Clients,

Please note that today at the end of trading day FRA40, SPA35 and OIL.WTI underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:

- FRA40 approx. -1 index points

- SPA35 approx. 0 index points

- OIL.WTI approx. 0,73 USD

It means that if nothing occurs between today's closing and tomorrow’s opening, open price for 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

As expected,after German and French PMIs missed their expectations, the Euro Area PMIs missed their estimates two. This time the Euro seems to be gaining. Even though it gained 10 pips, the main direction on the 5 minutes chart is still on the down side. Local resistance at 1.0966.

Second important release of the day missed its expectations. Euro continues the drop under 1.0960 after the German data showed a Manufacturing PMI of 51.5 and Services PMI of 53.7. Next support for the EURUSD at 1.0923.

The French PMIs were released below estimates. The Flash Manufacturing dropped under 50 (49.6), and the Services was released 52.0 vs an expected value of 53.9. EURUSD dropped fast 13 pips and it might continue the drop towards the 1.0923 support

In less than 10 minutes we will have the release of the MPC Official Bank Rate Votes. The markets are expecting for the votes to remain the same. Still the GBP rallied earlier today because of the hawkish position took by David Miles, one of the MPC members. A value like 2-0-7 could trigger another rally for the GBP.

The US economic releases have disappointed the market. The Non-Farm Payrolls were under estimates, 223K and the average hourly earnings remained unchanged. These triggered high volatility and a drop for the US dollar.