"The Big Five", which brought the growth of the US market in 2017 (2)

Apple shares, the maker of the popular iPhone, rose by 23 percent this year. Alphabet, Google's parent company, added 9 percent, and Microsoft increased by 6 percent.
With the most since the beginning of the year, the shares of the biggest social network in the world - Facebook, increased by 25%. Amazon shares also registered an increase of over 20%.
We should also point out that the broad US S&P500 today is traded above its 200-day moving average, which is a positive signal. However, between 120 and 130 of the broad indicator's components still have prices below this average.

"The Big Five", which brought the growth of the US market in 2017 (1)

US indices performed well for the first four months, accounting for several percent of their record highs.
And while investors and analysts are arguing about this - expensive or inexpensive is the market, and where is the next bigger move, here are the five companies, who became the "pillars" of the rise.
And these companies are mostly from the technology sector. Companies such as Apple, Alphabet, Microsoft, Amazon and Facebook, except for the rise in the broad US S&P 500, also contributed to the record highs of technological Nasdaq on Thursday of last week.
The five companies made up between 12% and 13% of the capitalization of the 500 largest US companies.

Beware of the currencies of developing countries (2)

The Indian Rupee and the Philippine Peso are also expected to fall, albeit at a slower pace, due to the sentiment to raise interest rates from their central banks.

The Bloomberg-JPMorgan Asia Dollar Index, which tracks the 10 Asian currencies without the yen, rose by 2.5 percent for the three months to March, or the most for the quarter to September 2010.

Among the factors behind the strong performance of Asian currencies in the first quarter was the strong performance of local markets and the US dollar correction period.

However, the from the bank does not expect the growth rates of the first three months of the year to remain in the future, with even lower indexes possible. This is another factor that will most likely bring downward pressure on the Asian currencies.

Beware of the currencies of developing countries (1)

The first quarter of the year went under the currencies of the developing countries. Moreover, the three most rising currencies were precisely from those countries. The best currency for that period was the Azerbaijani manat. After losing more than half of its value in 2015, the currency rose by more than 10% in the first three months of the current year.

Still, investors should be cautious. From Wells Fargo & Co., who made one of the most accurate financial forecasts in the past quarter, investors should be cautious about these currencies.

They do not see the potential for further growth in the currencies of developing countries by the end of the year, according to Nicholas Benenbrook, head of the Fed's monetary policy unit. In his opinion, the Fed's interest rate increase is expected to continue, with stable pace that will add to the currency of the Asian countries.

The South Korean won, the Indonesian rupee and the Thai baht are expected to drop by 2% over the next nine months, according to Wells Fargo forecasts.

US Stock Markets - 20/04/17

On Wednesday key US indices closed down, with only Nasdaq Composite adding +0.23% and closing at 5863.03 points.
The broad S&P 500 wiped out -0.17% of its value and ended the session at 2338.17 points, while the Dow Jones was down by -0.58% and closed at 20404.49 points.
The IBM report has mixed messages after the technology company's earnings have exceeded expectations, but revenue has been down for the twentieth consecutive quarter on an annual basis, and eventually the company's shares ended the day with a decline of -4.92% to $191.69 a share.
Morgan Stanley reports the highest percent revenue growth from bond trading among its Wall Street rivals, and the net profit of the bank jumped by 70 percent to $1.93 billion in the first quarter of 2017.
After the end of the session, the American Express, eBay and Qualcomm reports are expected.

Earlier UK elections put FTSE 100 under pressure

Investors have remained in a standstill against the backdrop of Britain's upcoming parliamentary elections and the upcoming presidential vote in France.
The FTSE 100 wiped out its growth from the beginning of the year, closing at 7,114.36 on Wednesday, losing even more -0.46% of its value, and the International Monetary Fund warned that the unpredictable Brexit result puts risks to global financial stability at a time, in which it is already facing challenges from heavily indebted US corporations, the credit bubble in China and the weak European banks.

ActivTrades: Indices & Bonds Trading

The leading independant on-line broker ActivTrades offers Indices & Bonds Trading with high leverage of up to 1:400. The required margins to open a position is lower than margins, requred for a standart futures contract.
With ActivTrades you have access to the major indices and you can trade FTSE100 with competitive spreads form 0,5 points and 0,02 points on the Bund.
As the Futures, ActivTrades CFDs contracts on indices and fixed incomes have expiry dates and no overnight fees.
Available platforms are MetaTrader 4, MetaTrader 5 and ActivTrader. A mobile version of both platforms is available.
Indices & Bonds Trading with ActivTrades is trensparent, with no hidden fees and comissions.
ActivTrades provides for its customers amazing tools, which help to improve your trading: SmartOrder, SmartCalculator, SmartTemplate and many others.
You can always rely on the excellent 24/5 support.

For more information,  visit here.

Forex forecast for GBP/USD for April 17 - 21, 2017

According to poll amongst forex analysts and looking at techical picture, the forecast for EUR/USD for the next week looks as follows:
A rebound was expected for the GBP/USD. The basis for such a forecast was a zone of strong medium-term support, near which there was the pair. The goal was the height of 1.2500, which the pair reached in the first half of the week, after which it took a breather for almost a day. And then, having gathered with strength, GBP/USD rose another 75 points higher, reaching a height of 1.2575 on Thursday.
In the medium term, almost 80% of experts expect the pair GBP/USD to fall (support levels are located at 1.2420, 1.2360 and 1.2110). As for the near future, most analysts (60%), supported by both oscillators and trend indicators, are inclined to the fact that the upward impulse has not yet exhausted, and the pair will reach at least the height of 1.2615. The next resistance is at the level of 1.2705.

Forex forecast for EUR/USD for April 17 - 21, 2017

According to poll amongst forex analysts and looking at techical picture, the forecast for EUR/USD for the next week looks as follows:
Both analysts, and technical analysis, based on the oversold pair EUR/USD, last week expected its rebound up, which actually happened. Infact, the strength of the bulls in this case was enough only to raise the pair to a height of 1.0690 (instead of the expected 1.0750), after which it fell to the support zone around 1.0610.
For the next week, most analysts (60%), supported by almost 90% of the indicators, are still on the side of the bears, expecting the pair fall to the 1.0500 zone. The alternative point of view, together with 40% of experts, is presented on the graphical analysis on H4. In their view, the pair is moving in the medium-term upwards channel, which began in December 2016, and it will first rise to the level of 1.0690, and then 130 points higher - to a high of 1.0820.

The World’s Most Powerful People 2016 (3)

№10 – Mark Zuckerberg

CEO of Facebook

№9 – Narendra Modi

Prime Minister of India

№8 – Larry Page

President of Alphabet

№7 – Bill Gates

Chair of Bill & Melinda Gates Foundation

№6 – Janet Yellen

Chair of Federal Reserve

№5 – Pope Francis

Pope of Roman Catholic Church

№4 – Xi Jinping

General Secretary of Communist Party Of China

№3 – Angela Merkel

Chancellor of Germany

№2 – Donald Trump

President of the United States

№1 – Vladimir Putin

President of Russia