- Markets
Find out what influences market movements by browsing through our tailor made product pages.
- Trading Platforms
Maximise your investment opportunities
Trading Platforms
In order to ensure our customers have the best trading experience. We are proud to introduce our suite of trading platforms.
- Accounts
All accounts can be opened using one application form.
OPEN A LIVE ACCOUNT
The application process is simple and straightforward. You can complete the online application form and be trading in minutes.
- Academy
Here you will find all the details regarding One Financial Markets educational offering
TRADING ACADEMY
Working through each of our six online modules, detailed below, you can develop your trading confidence
- Newsroom
The latest news in the Financial Markets from across the globe.
LATEST NEWS
Make sure you don't miss out on what's going on in the world around you, keep up to date with our market commentary and daily market update videos.
- Contact Us
Market Commentary - 14th May 2018
15th May 2018
Indices
DOW30 +0.27%, S&P500 +0.09%, NASDAQ +0.11%, DAX30 -0.18%, FTSE100 -0.18%, NIKKEI225 +0.47%
The Dow recorded an eighth straight session of gains at the start of the new trading week, with all major US indices off to positive start. The Dow gained 0.27% to close at 24,899.41, whilst the S&P500 & Nasdaq posted gains of 0.09% and 0.11%, respectively.
The gains came amid hopes of a potential breakthrough in trade tensions between the US and China after President Trump pledged to help ZTE Corp, a Chinese technology firm, which had been hit hard by a US ban. The tweet on Sunday was perceived by the market as extending an olive branch ahead of the second round of trade talks between the two nations this week. The tweet read:
DOW30 trading above the 61.8% fib retracement and on its way to completing a ‘W’ formation at 25,500
FX
EURUSD -0.13%, GBPUSD +0.10%, USDJPY +0.25%, AUDUSD -0.23%, EURGBP -0.22%, USDCAD +0.14%
The USD was little changed against its major counterparts on Monday, recouping morning losses to close the day higher. A lack of US economic data resulted in a relatively subdued session to start the trading week but Tuesday sees the release of retail sales, homebuilder confidence and manufacturing index data.
In Japanese economic data, producer prices were up 0.1% in April, in line with expectations. USDJPY closed 109.66, 0.25% higher.
GBPUSD now in period of consolidation after the heavy sell-off in second half of April
Commodities
XAUUSD -0.44%, XAGUSD -0.86%, WTI Crude +0.37%, Brent Oil +1.66%
Oil prices rose on Monday after OPEC reported that the global oil glut has all but been eliminated, with Brent increasing 1.66% and increasing its spread to WTI to near $7, highest in nearly five months. The report from OPEC comes amid a sharp reduction in Venezuelan oil production which is at its lowest in decades.
WTI Crude settled at $70.96, +0.37% but lagged behind Brent oil at $78.40.
XAUUSD in a bearish flag formation on the daily t/f. Major supports: $1,300 & $1,283
Begin trading today! Create an account by completing our form
Privacy Notice
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.