Friday, 17 May 2019

Is inflation up?

No comments : Posted by FortFS at 05:00 Labels: , ,
The US Federal Reserve announced at past meetings that moderate inflation is caused by temporary factors. Can rising inflation push gold prices up?
At a press conference in May, Jerome Powell said that the recent slowdown in inflation was temporary. This is confirmed by CPI data, which rose by 0.4 percent in March and then, by 0.3 percent in April. It is very important to pay attention to the fact that the basic CPI, which does not include the prices of food and energy, has been growing for three months in a row by 0.1 percent per month. Thus, we can state a steady increase in US inflation this spring.
On the other hand, inflation remains close to the Fed target of 2%. This means that despite the growth, this inflation rate is not sufficient for the Fed to consider changing in monetary policy. In addition, the country has extremely low unemployment rate and a healthy labor market. Therefore, the US Federal Reserve for sure will patiently wait and not rush to raise interest rates.
However, if such inflation growth continues to gain momentum and the target threshold is exceeded, we should be ready with a high probability, for one more Fed rate hike at the end of 2019.
Another factor capable of stimulating inflation is the new duties on Chinese goods. The increase in duties from 10 to 25 percent on imports in the amount of $ 200 billion is able to disperse inflation, because at the end of the day, all tariffs will be included in prices for every consumer within the United States. Consequently, the CPI is likely to increase by the end of 2019. Consequently, the analytical department of FortFS assumes that the probability of an increase of the interest rates remains quite high, and the risks of such an increase are shifted to the last quarter of 2019.
Does rising inflation mean rising gold popularity?

Traditionally, it is considered that gold becomes popular and grows in price during periods of high inflation. Yes, this is true and gold is truly an excellent protective asset against many economic problems. However, in the modern realities of the US Federal Reserve's policy, this correlation is rather negative than positive. In other words, with inflation rising, the Fed is inclined to raise interest rates as well, thereby increasing the cost of loans and, accordingly, increasing the value of the USD relative to assets that do not generate interest income. The choice of investors in this case is obvious and not in favor of gold. Due to this fact, the increase in the value of USD negatively affects the value of the yellow metal. Of course, all of the above does not apply to cases of explosive uncontrolled inflationary growth or the so-called hyperinflation. In fact, until inflation can be controlled by the Fed through a mechanism of manipulating with bank discount rates, gold will not show aggressive growth. But during periods when the regulator loses control of inflation, gold breaks out in undisputed leaders among most investment opportunities.

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Thursday, 16 May 2019

#FortGold3 has begun!

No comments : Posted by FortFS at 15:17


❗ What is the main idea of the FortGold contest?
Participants should leave their gold price forecast for XAUUSDf at the end of Friday's trading session.
💰 The participant, whose forecast is the closest to the real price, becomes the winner and receives 10 USD in his trading account!

A few simple steps to take part in the contest:

1️⃣ Make sure you have an active account with FortFS
2️⃣ Become a member of FortFS Telegram chat: t.me/fortfs_chat
3️⃣ Allow your @username in Telegram to be visible
4️⃣ Post a branded FortFS screenshot which shows 📈the direction and estimated closing price for XAUUSDf at the end of Friday's trading session
5️⃣ Duplicate your forecast in the message
6️⃣ Add FortGold weekly hashtag with a number of a contest (#FortGold3 for this week)
7️⃣ Wait for the contest results

⚠️ The only requirement for the winner is to make a repost with the terms of the FortGold contest in their accounts in social networks!

The contest is held weekly in the FortFS Telegram chat from 15:00 Thursday till 15:00 Friday (exactly 24 hours) according to server time EET.
Forecasts posted after the specified time will not take part in the contest.

Detailed terms of the contest:
https://www.fortfs.com/about/news/fortgold19

Leave your forecasts and start earning right now!
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Wednesday, 15 May 2019

#FortGold3 starts in 24 hours - tomorrow at 15:00 EET!

No comments : Posted by FortFS at 14:54 Labels: , , ,

#FortGold3 starts in 24 hours - tomorrow at 15:00 EET!

❗ What is the main idea of the FortGold contest?
Participants should leave their gold price forecast for XAUUSDf at the end of Friday's trading session.
The participant, whose forecast is the closest to the real price, becomes the winner!

💰 Weekly prize: 10 USD to a trading account
⏱ Contest time: from 15:00 Thursday till 15:00 Friday (exactly 24 hours) according to server time EET
📍 Contest location: official FortFS chat in Telegram https://t.me/fortfs_chat

Detailed terms:
https://www.fortfs.com/about/news/fortgold19

Join our Telegram chat and don’t miss your chance to win real money!
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Tuesday, 14 May 2019

Facebook Articles Contest - get 1000 USD from FortFS!

No comments : Posted by FortFS at 19:08 Labels: , ,
FortFS offers you to show off your writing skills and compete with other traders for a prize fund of 1000 USD, which will be distributed among the authors of the most interesting articles about our company!
The contest will be held from 13 May to 27 May 2019.
We will choose the top 10, in our opinion, articles and credit each of the winners with 100 USD to the trading account!
More detailed conditions can be found here:
https://www.fortfs.com/about/news/facebook-contest
Post the articles, compete and win!

Sincerely yours,
FortFS
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Thursday, 9 May 2019

#FortGold2 has begun!

No comments : Posted by FortFS at 14:57 Labels: , , ,

❗ What is the main idea of the FortGold contest?
Participants should leave their gold price forecast for XAUUSDf at the end of Friday's trading session.
💰 The participant, whose forecast is the closest to the real price, becomes the winner and receives 10 USD in his trading account!

A few simple steps to take part in the contest:

1️⃣ Make sure you have an active account with FortFS
2️⃣ Become a member of FortFS Telegram chat: t.me/fortfs_chat
3️⃣ Allow your @username in Telegram to be visible
4️⃣ Post a branded FortFS screenshot which shows 📈the direction and estimated closing price for XAUUSDf at the end of Friday's trading session
5️⃣ Duplicate your forecast in the message
6️⃣ Add FortGold weekly hashtag with a number of a contest (#FortGold2 for this week)
7️⃣ Wait for the contest results

⚠️ The only requirement for the winner is to make a repost with the terms of the FortGold contest in their accounts in social networks!

The contest is held weekly in the FortFS Telegram chat from 15:00 Thursday till 15:00 Friday (exactly 24 hours) according to server time EET.
Forecasts posted after the specified time will not take part in the contest.

Detailed terms of the contest:
https://www.fortfs.com/about/news/fortgold19

Leave your forecasts and start earning right now!
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Tuesday, 7 May 2019

Survey results

No comments : Posted by FortFS at 15:53 Labels: , ,

Recently we have conducted a survey about FortFS services and received a huge number of detailed responses from our clients.
We have analyzed the results of the survey and have already started working on improving trading conditions, introducing new features and payment systems to make your trading with FortFS even more comfortable.
We appreciate the opinion of each client, so as a thank you FortFS gave a 50 USD Welcome Bonus to every survey participant!
Thanks to everyone who contributed to the company development!
This feedback method proved to be very effective, so now the surveys will be conducted on a regular basis, and each participant will be guaranteed to receive a bonus!

Follow our news so you won’t miss our upcoming surveys and promotions!

Sincerely yours,
FortFS

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Monday, 6 May 2019

Alpha Bonus - get up to 15 USD for every 10th lot

2 comments : Posted by FortFS at 19:40 Labels: , , ,
Dreaming of ruling the Forex universe?
FortFS will help you realize your dreams!
From 06 of May till 07 of June 2019 become the owner of a unique artifact called Alpha Bonus and subdue the financial element!
Six main components of Alpha Bonus:
• The higher the account balance, the higher the bonus amount
• Available on standard and cent accounts
• Available on swap-free account
• Deposit time does not matter
• Bonus withdrawal with no restrictions
• A possibility to activate Autorebate
Conditions for receiving Alpha Bonus:
• Active trading account
• Account balance from 100 USD
• Active trading
• Bonus for every 10th lot
Gain maximum power with Alpha Bonus!

Good luck in trading,
FortFS

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