The Chinese Government has stepped in to avoid a Government controlled steel company default, lots of U.S. data plus upcoming Chinese GDP numbers.

ADM Investor Services Limited – FCA No 148474 Disclaimer This information has been has been issued by ADM Investor Services International Limited (“ADMISI”) in accordance with ADMISI’s Investment Research Policy. This information is only intended to be distributed to existing Eligible Counterparties and Professional Clients of ADMISI. Further, ADMISI’s investment research is intended for use solely by Eligible Counterparties and Professional Clients, who possess a certain degree of knowledge and experience in the subject of this information. Therefore the contents may refer to terms and subjects that may be unsuitable for Retail Clients and this information should not under any circumstances be forwarded to a Retail Clients. This content is for information purposes only and should not be construed as an offer, solicitation or recommendation to buy or sell any investments or investment advice. ADMISI does not recommend or endorse any particular investment, or course of action. This information has no regard for any investment objectives or financial situation of any Eligible Counterparty or Professional Client. Any investment that is referred to may warrant further investigation or research, which will be solely at the discretion of the Eligible Counterparty or Professional Client. Information and opinions expressed herein are based on sources believed to be reliable, however ADMISI does not represent that they are accurate or complete. Further any views or information are based upon judgements made as at the date of this information. All opinions and information are subject to change without notice. ADMISI and/or connected persons may from time to time have positions in or effect transactions in any investment or related investment mentioned herein and may provide financial services to the issuers or such investments. ADMISI has put in place systems and controls mechanisms supported by appropriate procedures to identify and manage any conflicts of interest that may arise. A copy of ADMISI’s Conflict of Interest Policy is available upon request. In relation to this content, ADMISI does not believe that any relationships, circumstances, interests or potential conflicts of interest that would require disclosure under the FCA Conduct of Business rules are likely to arise. In particular no major shareholdings or financial interests exist between ADMISI and any relevant company. In the event that this situation changes then appropriate disclosures will be made. All investments involve a degree of risk and may not be suitable for certain investors. All investors should make their own investment decisions based on their circumstances, financial objectives and resources and after seeking any appropriate professional advice. This information has not been prepared under the Independent Investment research regulatory requirements and accordingly there is no prohibition on dealing ahead of the dissemination of this research material. ADM Investor Services International Limited is authorised and regulated by the Financial Conduct Authority FCA Number 148474 in the UK.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0700 ahead of US jobs report

EUR/USD holds above 1.0700 ahead of US jobs report

EUR/USD stays in a consolidation phase above 1.0700 after closing the previous two days in positive territory. Investors eagerly await April jobs report from the US, which will include Nonfarm Payrolls and Unemployment Rate readings.

EUR/USD News

GBP/USD advances to 1.2550, all eyes on US NFP data

GBP/USD advances to 1.2550, all eyes on US NFP data

The GBP/USD pair trades on a stronger note around 1.2550 amid the softer US Dollar on Friday. Market participants refrain from taking large positions as focus shifts to April Nonfarm Payrolls and ISM Services PMI data from the US.

GBP/USD News

Gold remains stuck near $2,300 ahead of US NFP

Gold remains stuck near $2,300 ahead of US NFP

Gold price struggles to gain any meaningful traction and trades in a tight channel near $2,300. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support to XAU/USD ahead of the key US NFP data.

Gold News

XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion

XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion

Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness. 

Read more

US NFP Forecast: Nonfarm Payrolls gains expected to cool in April

US NFP Forecast: Nonfarm Payrolls gains expected to cool in April

The NFP report is expected to show that the US economy added 243,000 jobs last month, sharply lower than the 303,000 job creation seen in March. The Unemployment Rate is set to stay unchanged at 3.8% in the same period.

Read more

Majors

Cryptocurrencies

Signatures