EFD Investments/

We are reliable because:

  • EF is holding licenses from Europe, Australia & Asia Pacific.
  • Static, Low & Tight spreads.
  • Trade Gold [XAU], Silver [XAG] & other Commodities.
  • Minutely updated Gold & Silver News.
  • Start trading with 200$ onwards or equivalent in your currency.
EFD Investments
EFD Investments
EFD Investments/

EFD Investments is an introducing broker of a reputed European company. We are online representative based in middle east region.

Our team members are serving clients from different parts of the world. We are instantly in touch with our Parent Company and reporting them on daily basis.

The duties of an IB is to generate the business by promoting and advertising the product of his company, therefore we don’t have any access on client’s money, as deposit and withdrawal matures between our Parent Company and clients directly with full of security and protection.

EFD Investments/

Copper prices up in early Asia ahead of China PMI, gold, silver down

Gold and silver fell in early Asia on Monday, but copper showed a bounce ahead of a China manufacturing survey and other releases. Ahead are manufacturing PMIs from Japan, seen at 51.4 in July, and China - with the Caixin/Markit China final for July seen at 48.3 in the flash estimate. Gold for August delivery on the Comex division of the New York Mercantile Exchange fell 0.10% to $1,093.80 a troy ounce. Also on the Comex, silver futures for September delivery eased 0.20% to $14.730 a troy ounce by close of trade. Elsewhere in metals trading, copper for September delivery gained 0.19% to $2.357 a pound. Market players are watching the PMI amid concern that further sharp drops in China's stock market could spread to other parts of the economy, triggering fears that the Asian nation's demand for the industrial metal will decline. China is the world’s largest copper consumer, accounting for almost 40% of world consumption last year. Last week, gold futures inched up modestly on Friday, but still posted the worst monthly performance in more than two years in July, as ongoing expectations that the Federal Reserve will hike interest rates at its September policy meeting weighed. In July, gold prices lost $79.50, or 6.72%, the biggest weekly decline since June 2013. Futures fell to a five-and-a-half year low of $1,072.30 on July 24.

EFD Investments/

Forex - Aussie holds weaker as China PMI final for July falls

The manufacturing PMIs from Japan, seen at 51.4 in July, came in at 51.2 and for China, the Caixin/Markit final for July dropped to 47.8, well below the 48.3 in the flash estimate. The Australian economy is highly dependent on exports to China. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was quoted at 97.40, up 0.08%. Last week, the dollar fell against the euro and the other major currencies on Friday after data pointing to sluggish U.S. wage growth tempered expectations for a rate hike in the coming months. The Department of Labor reported that the U.S. employment-cost index, a measure of workers’ wages and benefits, rose just 0.2% in the second quarter. It was the smallest quarterly increase since records began in 1982 and was well below economists’ expectations of a 0.6% increase. The unexpectedly weak data prompted investors to push back expectations on the timing of an initial hike in short term interest rates.

EFD Investments/

Gold / Silver / Copper futures - weekly outlook: August 3 - 7

Gold futures inched up modestly on Friday, but still posted the worst monthly performance in more than two years in July, as ongoing expectations that the Federal Reserve will hike interest rates at its September policy meeting weighed. Gold for August delivery on the Comex division of the New York Mercantile Exchange hit an intraday low of $1,079.20 a troy ounce on Friday before recovering to end the session at $1,095.10, up $6.40, or 0.59%, for the day. For the week, prices of the precious metal tacked on $3.10, or 0.84%, the first weekly gain in six weeks, as investors returned to the market to seek cheap valuations in wake of recent losses. In July, gold prices lost $79.50, or 6.72%, the biggest weekly decline since June 2013. Futures fell to a five-and-a-half year low of $1,072.30 on July 24. Gold has been under heavy selling pressure in recent weeks amid speculation the Fed will raise interest rates for the first time in nine years in the coming months. The dollar had strengthened earlier in the week after the Federal Reserve indicated that interest rates could rise in the coming months, possibly as early as September, and after data showing U.S. economic growth accelerated in the second quarter. The U.S. economy expanded at an annual rate of 2.3% in the three months to June the Commerce Department said Thursday. First quarter growth was revised up to 0.6% from a previously reported contraction of 0.2%. In the week ahead, investors will be turning their attention to the latest U.S. employment report, which could reinforce expectations for higher interest rates. On Monday, the U.K. is to publish its manufacturing index.

EFD Investments/

EUR/USD weekly outlook: August 3 - 7

The euro moved higher against the dollar on Friday after data showing that U.S. wage growth slowed in the second quarter dampened expectations for a hike in interest rates in the coming months. The Department of Labor reported that the U.S. employment-cost index, a measure of workers’ wages and benefits, rose just 0.2% in the second quarter. It was the smallest quarterly increase since records began in 1982 and was well below economists’ expectations of a 0.6% increase. The unexpectedly weak data prompted investors to push back expectations on the timing of an initial rate hike by the Federal Reserve. The euro rebounded following the data, with EUR/USD rising to 1.0984 in late trade, up 0.47% for the day. For the month the pair lost 1.17%. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, settled at 0.30% to 97.32 late Friday after falling as low as 96.38. The index still ended the month with gains of 1.86%. The dollar had strengthened earlier in the week after the Federal Reserve indicated that interest rates could rise in the coming months, possibly as early as September, and after data showing U.S. economic growth accelerated in the second quarter. The U.S. economy expanded at an annual rate of 2.3% in the three months to June the Commerce Department said Thursday. First quarter growth was revised up to 0.6% from a previously reported contraction of 0.2%.

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