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October 2023 – Investor Update

October has indeed been one of complexities and unexpected turns, largely influenced by the unfolding events surrounding the Israel conflict. Navigating such uncertain waters required our team to operate with an acute sense of vigilance. Prioritising our risk protocols was not just a choice but an imperative. It was through this stringent focus on safeguarding our assets that we managed to not only withstand the challenges but also secure a commendable 5.4% profit by the month’s end.

However, the heartbeat of Novus Black isn’t merely dictated by percentages and profit margins. It’s the unseen strides we take, the silent revolutions we set into motion, and the potential of what’s brewing behind the scenes that truly invigorates us. As we stand on the cusp of November, I feel a genuine sense of excitement about the future – both for our company and for every individual who’s embarked on this journey with us.

With heartfelt gratitude and anticipation for what’s next,

Steve Hill – CEO

A Christmas Gala At The Savoy, London

As the festive season approaches, we are delighted to extend a warm invitation to you for an exclusive Christmas Party to celebrate the spirit of togetherness and the continued success of Novus Black at The Savoy, London.

Details of the Event
Date: 4th December, 2023
Venue: The Savoy Hotel, London
Time: Arrive from 7:00pm
Attire: Formal

An Evening of Revelry and Reflection

This grand event at the illustrious Savoy Hotel is designed to bring our valued investors together in a congenial setting, offering an opportunity to interact, share experiences, and forge new friendships. The evening promises a luxurious blend of fine dining, entertainment, and meaningful conversations.

Celebrate Success, Together

Your journey and success with Novus Black deserve to be celebrated, and what better occasion than a festive gathering! This event will be a testament to the collective achievements we’ve realised and a celebration of the incredible community that you are an integral part of.

Reserve Your Entry Soon

Official invites will be circulated shortly, complete with event details and a link to reserve your spot. Please note that spaces are limited and will be allotted on a first-come, first-serve basis. We encourage you to respond promptly to ensure your place at this exclusive gathering.

Looking Forward to a Joyous Celebration

We anticipate a delightful evening filled with laughter, joy, and camaraderie, and we eagerly await the opportunity to celebrate the festive season and the ongoing success of Novus Black with you.


Launching The Novus Black App

We are thrilled to announce the official launch of the Novus Black app, an innovative platform designed to empower investors with the freedom to manage and monitor their investments anytime, anywhere. A significant stride in our continual commitment to enhancing user experience, the Novus Black app is here to revolutionise the way our valued investors interact with their investments.

At this monumental juncture, we would like to extend our heartfelt gratitude to all our investors who have been an intrinsic part of this journey. Your insightful feedback has been instrumental in shaping the Novus Black app, ensuring it is not just user-friendly but also aligns perfectly with your investment goals and aspirations.

Novus Black: Elevating Your Investment Experience

The Novus Black app is designed to provide seamless access to your investment account on the go. From tracking your portfolio’s performance around the clock to efficient and effortless management of your investments, the app is a testament to our promise of delivering convenience right at your fingertips.

A Sincere Thank You to Our Investors

We owe a huge debt of thanks to our investors whose invaluable suggestions and consistent feedback have been the cornerstone in the development of the Novus Black app. Your belief and trust in us have driven us to create a tool that is not just an application but an extension of your investment ambitions.

Invitation to Experience The Novus Black App

For those who haven’t yet experienced the Novus Black app, we encourage you to download and explore a world where managing your investments is as intuitive and convenient as checking your phone. The Novus Black app is available for download on App Store & Google Play across Europe.

By staying true to our commitment to continual improvement and innovation, we look forward to enriching your investment journey through the Novus Black app. Here’s to new beginnings and to achieving financial success together.


October Overview

October has been a month of extreme volatility and fluctuation across various assets classes, causing significant losses for many banks and major hedge funds. The ongoing conflict in Israel only added to the market’s uncertainty. Despite the challenges, we’ve managed to navigate this turbulent market and are pleased to report an admirable level of profit for the month while prioritising risk management.

Our primary focus during October was on several currency pairs, including GBP/USD, EUR/USD,
AUD/USD, NZD/USD, USD/CAD, USD/JPY, and GOLD (XAU/USD). Additionally, we explored
opportunities in EUR/GBP, EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY, and other select pairs. We executed these trades cautiously, bearing in mind the market’s heightened volatility.

With the market’s instability, some of our trades experienced stop-loss hits due to unexpected spikes. However, these stop-losses played a vital role in safeguarding our capital during these uncertain times. To adapt to the ongoing market turbulence, we have taken measured steps to tighten our stop-loss levels in a prudent manner to ensure we always prioritize risk management.

Currency Market Highlights:

  1. Reserve Bank of Australia (RBA): The RBA decided to maintain the interest rate at 4.10%, in line with market expectations.
  2. Reserve Bank of New Zealand (RBNZ): The RBNZ also held its interest rate steady at 5.50%, as anticipated by market participants.
  3. Bank of Canada (BOC): The BOC opted to keep its rates at 5%, aligning with market forecasts.
  4. European Central Bank (ECB): The ECB maintained its interest rate at 4.50%, consistent with market expectations.
  5. Bank of Japan (BOJ): The BOJ reinforced its commitment to an accommodative monetary policy to support Japan’s domestic economy, causing a weakening of the Japanese Yen (JPY).

Regarding the US Dollar, despite strong economic indicators such as the positive surprise in initial jobless claims, the dollar weakened across the board. Federal Reserve Chair Jerome Powell’s comments on the central bank’s cautious approach and the perceived restrictiveness of current policy contributed to this decline.

However, it’s worth noting that the dollar struggled to attract safe-haven flows, even as geopolitical turmoil escalated due to the Middle East conflict. This situation, remarkably, had limited overall
impact on markets, with only modest increases in oil and gold prices and resilient equities.


November Trading Forecast

November is gearing up to be a bustling month in the forex world. We have our radar fixed on several crucial events and economic data releases that could significantly sway the currency markets:

  1. Federal Reserve (FED) Interest Rate Decision – The FED’s interest rate decision will be closely watched, as it can have a substantial impact on market sentiment and currency movements.
  2. Euro Area Economic Metrics – We’ll pay close attention to business sentiment and unemployment data in the Euro Area. Germany’s releases on unemployment, retail sales, and trade statistics will provide insights into the broader Eurozone economy.
  3. Bank of England (BOE) Monetary Policy Decision – In the UK, all eyes are on the BOE’s monetary policy decision. While interest rates are expected to remain stable, the financial community will scrutinize any hints about the central bank’s future plans for the year. Additionally, we’ll monitor mortgage and credit indicators.
  4. Reserve Bank of Australia (RBA) Interest Rate Decision – The RBA’s interest rate decision is a key event to watch, as it can impact the Australian Dollar.
  5. Reserve Bank of New Zealand (RBNZ) Interest Rate Decision – Similarly, the RBNZ’s interest rate decision will be influential in currency markets.

It’s vital to remember that heightened geopolitical tensions tend to channel financial market stress primarily through oil prices. The inclination is for oil prices to rise during these periods, which, in
turn, often gives a boost to the US Dollar.

Furthermore, we’ve noted recent developments in Hong Kong, where the High Court heard a winding-up petition against the beleaguered property developer, China Evergrande Group. This
occurrence comes nearly two years after the group defaulted on its debts, causing a sharp drop in
the company’s shares, around 20%. The persistent concerns in China’s property market are keeping investors in a state of uncertainty and, intriguingly, lending some support to the US Dollar.

As the month unfolds, we will continue to apply our strategic approach to navigate the complexities of the forex market. Our focus remains on risk management and capitalizing on potential trading opportunities.

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