CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 53% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
About Our Global Companies


Valutrades Limited - a company incorporated in England with company number 07939901. View more information here.
Valutrades (Seychelles) Limited - a company incorporated in the Seychelles with company number 8423648-1.


Regulated by the FCA (Fincancial Conduct Authority). Financial Services Register Number 586541.
Regulated by the FSA (Financial Services Authority). Regulatory Number SD028.

Max Leverage

30:1 (or up to 500:1 for Professional clients, click here to find out more about professional client status)
Up to 500:1


United Kingdom

Negative Balance Protection


Back to Blog

China COVID Cases Affecting NASDAQ and WTI. Price Gap on Natural Gas, Again!


Hey Valutraders! Have you seen that the S&P 500 is back in a bear market?

Subscribe to Free Valutrades Signals at

I’m Brad Alexander and in this week’s Market Blast Fundamentals let’s take a look at WTI (USOil), Natural Gas, USDCAD, NASDAQ (US100), and the S&P 500(US500).

We have been following the easing of COVID restrictions in China and the positive effects this has had on the global economy.Screenshot 2022-12-12 at 16.43.02

It seems, however, that COVID cases are now increasing across China and this will affect almost everything including the US indices which rely on the Chinese economy to be strong.

Therefore, any more bad news about Chinese COVID restrictions will drive indices like the NASDAQ lower.Screenshot 2022-12-12 at 16.43.11

Also, we are seeing USD weakness against everything except CAD and this could change if we see an equity sell-off.Screenshot 2022-12-12 at 16.43.18

Price action on USDCAD is rising due to the fall in the price of Crude Oil as we see WTI at less than $72.

This will fall even further if China goes back into lockdown.

On the other hand, cold weather has affected price action on Natural Gas and the gap we saw last week has been filled.Screenshot 2022-12-12 at 16.43.23

A new gap has occurred with today’s opening with prices above $6.70.

As you can see we have a tremendous amount of news on the economic calendar and plenty of opportunities for counter-trend price action trading.Screenshot 2022-12-12 at 16.43.52

We have Interest Rate decisions Thursday from the US Federal Reserve, the Swiss National Bank, the Bank of England, and the European Central Bank.

The press conferences afterwards also provide us with opportunities.

Thanks for watching and don’t forget to subscribe to Valutrades Signals and the link will be in this video’s description below.

Also, subscribe to our YouTube channel and register on the Valutrades website to get notifications on new content as it happens.

That’s all for now.  Happy trading with Valutrades and we will see you next time.

CFDs and FX are leveraged products and your capital may be at risk.12 December 2022 Fundamentals EN TN



The information provided herein is for general informational and educational purposes only. It is not intended and should not be construed to constitute advice. If such information is acted upon by you then this should be solely at your discretion and Valutrades will not be held accountable in any way.