- 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 - 17th May 2018
18th May 2018
Indices
DOW30 -0.22%, S&P500 -0.09%, NASDAQ -0.21%, DAX30 +0.91%, FTSE100 +0.70%, NIKKEI225 +0.53%
US stocks fell on Thursday after President Trump laid doubt about the effectiveness of the trade talks between the US and China which kicked off today. Trump commented ‘Will that be successful? I tend to doubt it. The reason I doubt it is because China has become very spoiled. The European Union has become very spoiled. Other countries have become very spoiled, because they always got 100% of whatever they wanted from the United States’
The Dow closed 54.95 points lower at 24,713.98, down 0.22%. The S&P500 fared better with a drop of 0.09%, whilst the Nasdaq closed 0.21% lower at 7,382.47.
10-year treasury yields traded above 3.1% for the first time since 2011, adding to the pressure on stocks.
FTSE100 trending higher since March 23rd. Support at 7,710 on an ascending scale
FX
EURUSD -0.11%, GBPUSD +0.22%, USDJPY +0.34%, AUDUSD -0.03%, EURGBP -0.30%, USDCAD +0.14%
10-Year US Treasury yields traded 3.122% on Thursday, pushing the USD to four month highs against the Japanese Yen. US economic data came in mixed with no major data scheduled for Friday. Initial jobless claims increased more than expected last week, coming in at 222,000 against an estimate of 215,000. Philadelphia manufacturing activity jumped to 34.4 in May from 23.2 in April – this far exceeded market expectations of 21.0.
AUDUSD in a reverse Head & Shoulder pattern, targeting 0.7710 on breakout of the neckline at 0.7560
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.