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European Brokerage House

Online CFD Trading - FX, Indices, Commodities, Crypto. 53.38% of retail CFD accounts lose money.

We are an EU-licensed, true ECN broker based in Sofia, Bulgaria. We are fully compliant with the MiFID directive, ensuring transparency and fairness and also enhancing the safety of our clients’ funds. Although we are new on the Forex scene, our team is composed of vastly experienced personnel, some of whom bring decades of experience to the company. With such experience comes knowledge, and not j

ust knowledge of trading, but the ins and outs of what the client needs and wants from their broker. European Brokerage House (EBH) is a direct response to those needs, putting the client first.

23/11/2023

Благодаря за поканата на Радио Фокус и Денят на Фокус с Хари Агопян и Георги Иванов. Нужно е по-спокойно говорене по темите инфлация, бюджет и евро; и на по-разбирам език, за да избегнем политически натоварени страхове.

Пред България има много възможности и посоки за реализация. Нужни са ни нови правила. Само от нас зависи добрия подход и дългосрочните решения. Преливане от пусто в празно, увеличаване на дълговете, и страхове за еврото, само и само да избегнем регулации и правила в политическите решения - няма да ни доведат до растеж и спокойствие.

21/06/2023

All eyes will be on the UK on Wednesday morning as policymakers get the latest CPI report before they vote on their rate decision on Thursday. Headline inflation is expected to slow further in May, falling to 8.4% year-on-year. And after shooting up to 6.8% in April, the Core Consumer Price Index is expected to be unchanged in May. The PPI Input for the same period is forecast at -0.4% and the Output PPI to reach -0.1%. Canada will later release Retail Sales for April, with economists in an upbeat mood with estimates for growth up to 0.3%, compared to -1.4% in the previous reading. Core Sales are also forecast at 0.3%. At the end of the day, Fed Chairman Jerome Powell will get another chance to deliver his message to investors when he addresses lawmakers for his semi-annual testimony.

16/06/2023

The conclusion of the week will be the Meeting of the Bank of Japan on Friday. The central bank is expected to make no changes to monetary policy after newly appointed governor Kazuo Ueda indicated that ultra-easy policy will remain in place until wage growth and inflation become stable and sustainable. During the European session, the Final CPI of the Eurozone for May will be released, with no revisions to the previous estimates of the headline and base indices. Finally, the US will release the University of Michigan's Preliminary Consumer Sentiment and Inflation Expectations. Consumer sentiment for June is forecast to have improved to 60.2 points.

14/06/2023

Wednesday's economic calendar will open with New Zealand's Current Account, but the report is not expected to generate much interest. Traders' eyes will turn to UK GDP for April, which is forecast to have risen to 0.2%. Industrial Production, however, is estimated to have slowed to -0.2% in the month compared to 0.7% from March. The UK's Trade Balance deficit is expected to remain largely unchanged at -£16.5bn in April. Before the Fed announces its decision on monetary policy, we will be watching the May producer inflation release from the US. PPI is forecast to have slowed to -0.1%, while Core Producer Prices were unchanged at 0.2%. Later in the evening, the Federal Reserve is expected to make a hawkish skip, but if Tuesday's consumer inflation proves too hot, the Fed may choose to raise interest rates. Such a decision could be a "last call" and we should finally start to see some disagreements between committee members. The US economy was resilient for most of the half-year, but signs are emerging that it is beginning to weaken. If policymakers decide to hold off on another interest rate hike, there is a chance that this "skip" will turn out to be just a pause. Markets are currently pricing in a 25% chance of a rate hike, rising to 80% for the July meeting. In our view, the Fed can afford to pause rate hikes now.

13/06/2023

The European session on Tuesday will start with the most important report of the week from the UK, namely the employment report. Traders will be looking for any indication of a stagnant labor market and a slowdown in wage growth. Economists, however, predict the exact opposite - the Average Earnings Index for April will have increased to 6.1%, while the Unemployment Rate for the same period will reach 4%. The Claimant Count Change in May is forecast to have fallen to 21.4 thousand from 46.7 thousand in April. A little later, the ZEW Economic Sentiments from Germany for June are released, with expectations for a reading of -13.2 points. For the entire eurozone, the indicator should also have extended its fall into negative territory to -11.9 points. The Fed will have the latest US inflation report before begins its meeting on Tuesday. Consumer Prices Index is expected to rise by 0.2% on a monthly basis after the growth of 0.4% in April. Core CPI inflation, which strips out volatile food and fuel costs, is expected to rise 0.4% month-on-month and cool accordingly to 4.1% year-on-year.

12/06/2023

Central Banks Week is Upon us
We are entering a rather busy week with meetings of 3 major central banks. The main event, of course, will be the FOMC decision, but before we get there, May's US inflation report will also be of interest. The European Central Bank and the Bank of Japan will also hold their meetings, while data from China could bolster expectations for stimulus. Here's what's still to come:
First on Monday we will have the release of data on credit conditions in China in May. Consensus estimates expect an increase in the growth of New Loans to 1.53 trillion yuan. Loan Outstanding growth should ease to 11.6% year-on-year from 11.8% recorded in April, in line with the decline in Money Supply M2 to 12% year-on-year from 12.4% in April. No other major reports are expected ahead of the day.

09/06/2023

The last working day of the week is shaping up to be calm in terms of economic events. China will release May inflation data on Friday. CPI was 0.1% y/y in April and a reading below zero would create some headlines. Expectations, however, are for a rise to 0.2%. Manufacturing inflation, on the other hand, should continue to decline, with PPI estimated at -4.3% y-o-y. The New Loans granted in May in the world's second-largest economy stood at 1.57 trillion. The week will end with the Canadian Employment Report for May. Another strong set of jobs numbers and a low unemployment rate could lead to higher interest rate hike bets, boosting the Canadian dollar.

07/06/2023

Australia's first-quarter GDP growth will be released early Wednesday morning, expected to be 0.3% quarter-on-quarter versus 0.5% in the fourth quarter of 2022 and 2.4% year-on-year versus 2.7% in the fourth quarter of 2022. China will release the balance on its trade account, and for May the trade surplus is predicted at 94.2 billion dollars. The US and Canada will also publish Trade Balance data. In April, the US deficit is forecast to have widened to -$75.3 billion, while Canada is expected to post a surplus of C$0.1 billion over the same period. Later in the day, all eyes will turn to the Bank of Canada's Monetary Policy Meeting. The BoC has put the tightening cycle on pause since March and markets continue to expect this to remain so until at least September. But if policymakers show a strong inclination toward a recent increase, it is likely to increase focus on Friday's May jobs report. The OECD is due to release its forecasts for global economic growth later in the day.

06/06/2023

Australia's central bank officials face a tough decision on Tuesday, as there are strong arguments for both a rate hike and a pause. The prospect of another interest rate hike is mainly supported by the recent rise in inflation. However, other elements (such as the labor market, retail sales and the slowdown in China's manufacturing sector) suggest that the RBA should take a cautious approach during its monetary policy meeting. That is why we do not expect a change from their side, but to leave the interest rate at 3.85% after its surprising increase by 25 bps at the previous meeting in May, which pushed borrowing costs to their highest level since April 2012. In the eurozone, Factory Orders data will give us the first evidence of how the German economy is performing at the start of the second quarter, after data from showed last week that the bloc's biggest economy slipped into recession in the first quarter. In April, economists predict a strong growth in German orders to 2.7% compared to -10.7% for the previous month. Eurozone Retail Sales for April will come out a little later, with forecasts for an increase of 0.2%. Investors will also get an update on the outlook for the global economy when the World Bank releases its latest global growth forecasts later in the day. After lunch from Canada, we will be watching for the Ivey PMI, which should have risen to 57.2 in May.

05/06/2023

Will the RBA Surprise the Markets by Raising Rates Again?
The economic calendar is quiet this week, but interest rate decisions in Canada and Australia will be in the spotlight ahead of the much-anticipated Federal Reserve announcement on June 14. In the United States, the ISM services PMI will be the only major release, and now that Congress has averted a default by suspending the debt ceiling, the dollar could spend the week lower. Let's see what else is coming in the financial markets:
Early Monday morning, market participants will turn their attention to the China Caixin Services PMI for May. The forecast is fixed at 55 points, down from 56.4 in April. Switzerland's CPI for May will be one of the most prominent indicators of the day. Consumer inflation is expected to have fallen back to 2.2% year-on-year, but still remains above the SNB's target, albeit marginally. From the Eurozone and the UK, we will be watching for Final Services PMIs for May, which should confirm initial estimates. The US ISM Services PMI will also be released and is expected to show a still solid pace of expansion from 51.9 to 52.6, in contrast to the Manufacturing PMI, which contracted for the seventh month in a row in May.

02/06/2023

There will be no major economic reports during the Asian and European trading sessions on Friday, but we expect to see another relatively upbeat US job report later in the day. Non-Farm Payrolls will be closely watched as a strong report will fuel expectations for another rate hike in June. Estimates show that NFP rose by 189,000 in May, down from the previous month but still a good number. The Unemployment Rate is expected to reach 3.5%, while Average Hourly Earnings is forecast to accelerate slightly year-on-year but fall to 0.3% on a monthly basis.

30/05/2023

The Long Holiday Weekend will be Clouded by the Debt Ceiling
Wall Street is getting nervous as we approach Date X. A US default seemed unimaginable a few weeks ago, and despite many positive comments from both sides, negotiations to reach a deal are dragging on, meaning the risk of a default is rising. Treasury Secretary Yellen will soon provide an update on the X date, and it could be that negotiations could gain another week from the current June 1st deadline for a deal. Economic data for the week will focus on Non-Farm Payrolls, PMIs and CPI. Here's what to watch for in the coming days:
Monday will be a day off for many Eurozone countries, the UK and the US due to public holidays. On the other hand, the rest of the week will be filled with economic data and statements by representatives of central banks.
On Tuesday, the markets will begin to regain their usual liquidity, and the economic calendar will start with the GDP of Switzerland. GDP growth is forecast to have accelerated slightly to 0.1% in the first quarter of 2023. At the same time, Spain's Flash CPI for May will be published, which on an annual basis is expected to fall to 3.5%. The Eurozone will issue M3 Money Supply and Private Loans, which analysts forecast should have eased slightly in April to 2.1% and 2.7%, respectively. The day will end with the Conference Board Consumer Confidence from the US. Consumer confidence is expected to decrease from 101.3 to 99.1 points for the current month.

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33, Shar Planina Street
Sofia
1303

Telephone

+35924930323

Website

https://ebhforex.com/

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