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

Crude Oil with Reduced Contango. GBP lower on Brexit.


Welcome to this week’s Market Blast Fundamentals where we will look at GBPUSD, USDCNH, the Hang Seng (HK50), Brent Crude (UK Oil), and WTI (US Oil).


Last week’s Crude contracts expired without the crash of last month and we see the Contango between the spot and contract prices dropping to normal levels.Screenshot 2020-05-25 at 09.33.33


Increased demand, such as air travel and factory production will help the price of both WTI and Brent Crude.


Generally, the global stock indices resemble the S&P 500 with steady gains, however the Hang Seng from Hong Kong has fallen due to civil unrest and uncertainty about the future and, similarly, the Chinese A50 has fallen due to unrest in Hong Kong and the US/China trade relations.Screenshot 2020-05-25 at 09.33.57


Any good news on both these issues will help these indices.


The Renminbi is weaker as well with USDCNH at levels from last October.


The British Pound is weaker with pessimism regarding Brexit talks.


The US Majors are mixed but we have lots of economic news this week from the US so watch for volatility Tuesday and Thursday on Home Sales, Consumer Confidence, Goods Orders and GDP.


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


CFDs and FX are leveraged products and your capital may be at risk.


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.