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SOME LIKE IT HOT

Track temperatures of almost 60 deg C, air temperatures in the mid-30s, a scorching track surface and the demands of the high-speed Sepang circuit combined to make a difficult weekend for the Red Bull Racing team.

Despite an extremely encouraging performance in qualifying yesterday, with Daniel Ricciardo fourth on the grid and Daniil Kvyat fifth, they came home in ninth and tenth.

While the double points score was welcome for the team, both drivers found the performance of their RB11 cars suffering in the heat.
Ricciardo’s race was also compromised by first-corner contact with another car that caused front wing damage and spoiled the handling balance of his car throughout the race.

Disappointed with today’s result but optimistic for the rest of the season, he said: “That was quite tough. It was definitely difficult out there and not really fun. We probably hoped a bit high for the race, after qualifying fourth, but it didn’t work out as we planned. I was ready to fight and ready to try to do something special, but the race was anything but. I found that I couldn’t fight in any situation and every time I tried to, I lost more ground. I seemed to be paying the price for trying.

“I knew we had a bit more pace in the wet than in the dry,” he added, “and we saw that in qualifying. And that combined with the wing damage and some brake problems meant I couldn’t look after the tyres as well as I’d have wanted to. It compromised my driving style.”
Team boss Christian Horner confirmed that a change of brake supplier over the off-season meant the team had not yet fully understood the performance characteristics of the new parts: “It was a very frustrating afternoon,” he said. “There was damage to the front wing with Ricciardo in first corner. And then after running behind the safety car in traffic put the car temperatures through the roof. It meant both cars had brake troubles in the second half of the race.”

Horner said that the team would now have to “engineer its way out” of its current difficulties and he was confident of being able to do so: “We need to get to the bottom of the root cause and address it for the next Grand Prix in China. We need to manage how we got ourselves into this situation and engineer our way out if it. It's very frustrating not to have the pace we had in qualifying, in the race.”

But he remained optimistic of Red Bull Racing quickly becoming more competitive. “The engine drivability was much better here,” he said, “and that was good response by Renault.”

A further insight into the demands of racing in Malaysia, where parts often have to be modified at the track, on account of the high temperatures, was given by Stuart Jones, Red Bull Racing senior composites technician. He said: “Our department is the final part of the process in terms of composites. Our primary responsibilities are all composite bodywork parts, ensuring correct specification, legality and structural integrity of components before they reach the car.

“New parts arrive on a regular basis and it’s our job to make them work on the car at the track. These parts are the first of their type and are not always perfect. The guys at the factory pre-build all the assemblies in advance to double-check everything, but if there is a problem, an update or something that they haven’t had time to rectify, we’ll have to then complete at the track. The problem is there right in front of you and you have to solve it. You’ve got minutes or seconds to play with otherwise you miss the start of the session or the car doesn’t make the first lap in qualifying.”

• The next round of the 2015 Formula 1 world championship is the Chinese GP on April 12
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RIDERS ON THE STORM

Daniel Ricciardo and Daniil Kvyat will line up fourth and fifth for tomorrow’s Malaysian GP, after a hugely dramatic, rain-hit qualifying session at the Sepang Circuit.

Australian Ricciardo edged out his Russian team-mate, to secure a place on the second row for a grand prix that their Red Bull Racing team have won three times since 2010.

Both drivers had progressed comfortably through the earlier stages of qualifying to emerge as contenders for strong grid positions. The second period of qualifying – Q2 – became a washout after a huge tropical thunderstorm hit Sepang just minutes into the session, but both Ricciardo and Kvyat set times that saw them comfortably placed for the final qualifying shootout – Q1: Ricciardo was fourth-fastest with a lap of 1m41.085; Kvyat was ninth on 1m41.665.

They’d both had to set their times immediately in Q2 as they knew the approaching tropical thunderstorm – a Malaysian GP hallmark – was imminent. Riccardo was told by his race engineer Simon Rennie, shortly after setting his fastest Q2 time: “There’s rain through turns five, six, seven and eight. You won’t go any faster now.”

As the heavy rain set in, Red Bull Racing mechanics adjusted the ‘set-up’ of their RB11 cars, to make them better suited to the cooler, damper conditions that faced them in Q3. Brake cooling was reduced, and the cooling apertures around the car were closed up to allow the cars to run more efficiently.

By Q3, on a damp-but-drying track, times were immediately slower: Ricciardo’s first mark showed how difficult conditions were: he set a time of 2m02s, but immediately went 10 seconds faster as water was dispersed from the track surface.

“Are conditions still improving?” asked Rennie. “Yep, a new set of inters will be the way to go at the end,” Ricciardo answered.
My mid-session, with five minutes to go, Kvyat and Ricciardo were neck-and-neck on intermediate tyres: Ricciardo fifth on 1:53.317, Kvyat 6th on 1:54.243.

By this stage, with the rain having stopped, air temperatures were at 24deg C and track temperatures up to a still-scorching 37deg C. The high track temperatures were encouraging the track surface to dry more quickly.

Kvyat, revelling the improved drivability of the team’s Renault engine, and the handling balance of his RB11 chassis, snatched fourth place with a 1:51.951. But as times tumbled and with cars twitching heavily on the still-damp surface as they struggled to apply full power, he was bounced down to fit by his team-mate.

With his last flying lap, Ricciardo pipped Kvyat to take an encouraging fourth place, having found speed gains in the last sector of the lap, where track was driest.

He said: “Yeah, that was a bit better! To be on the second row is nice – it’s good. We would like to be closer to Mercedes, but we’re ahead of the Williams, and we’ve definitely made progress since Melbourne.

“Bit by bit we’ll get closer. Fourth was the best we could have done and it’s positive to be this quick in the wet. I’m sure we’ll have some fun tomorrow! Tyre degradation will be a big factor – it’ll probably be a three-stop race.”

EXNESS PREDICTOR
Who’d make a firm prediction for a race that’s likely to be hit by a tropical thunderstorm? We’ll chance our arm and make a bold call: Sebastian Vettel, a three-time winner here, could sneak Ferrari’s first win of the season and the team’s first since 2013, as his car appears to have better long-run pace than the Mercedes of pole man Lewis Hamilton.

And with the super-talented Ricciardo and Kvyat starting from P4 and P5, Red Bull Racing have an excellent chance of a podium.

Our bet? Vettel-Hamilton-Ricciardo. But anything could happen…

‪#‎MalaysiaGP‬ ‪#‎EXNESSEXPERT‬
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MALAYSIAN GP 2015 PREVIEW

Welcome to Malaysia, already round 2 of the 2015 Formula 1 season and always a scorcher.
An equatorial climate, constant humidity, thunderstorms and the challenging Sepang track all combine to make the Malaysian GP among the hardest F1 races of the year – maybe the hardest. 
Drivers have to follow carefully planned hydration routines in Malaysia, to make sure they don’t dry out during the two hours of racing: this circuit presents a physical challenge like no other.
As Red Bull Racing’s Russian ace Daniil Kvyat confirmed: “The best thing about Sepang is that you never feel cold on a lap! It’s an interesting, challenging track with some great high-speed sections, but it’s a tough race and this is why we train so hard in the winter. It’s a race where you see where you are in terms of your physical preparation.”
Team-mate Daniel Ricciardo agreed that the Malaysian GP is a remarkably hard event for a driver: “You do some heat training before the event to make it feel like it’s not as hot, but once you’re in the car, it’s like a sauna and you can’t get our of it.” But just like Daniil, he rates Sepang as a great place to race, thanks to good opportunities for overtaking: “The two basic ones are the two straights that loop back on each other, so the Turn 1 straight and then the last corner. Those are the two obvious ones, but also into the Turn 9 hairpin. That’s pretty good!”
The threat of heavy rain is always part of the Malaysian GP weekend, on account of its equatorial climate and with a 3pm (local) start time this year, a late-afternoon cloudburst on Sunday is a strong possibility.
And when the deluge comes it give the most talented drivers a real chance to shine. “Racing in the wet is a bit of a love/hate relationship,” says Ricciardo. “Sometimes you have a really good wet race and all of a sudden you’re the rain master and other times it just doesn't quite work. Generally I think it’s a really good challenge. If you master the rain conditions it is a very satisfying feeling.”

MALAYSIAN GP FACTS & FIGURES

Host City Kuala Lumpur
Circuit name Sepang Circuit
Round #2 of 19 in 2015
Number of races hosted 17 (1999-2015 inclusive) 
Lap record 1m 34.223 (Juan Pablo Montoya, BMW-Williams, 2004)
Laps 56
Top speed 325km/h
Circuit length 5543 metres
Number of corners 15
Number of winners 9
Most wins 3 (Michael Schumacher, Fernando Alonso, Sebastian Vettel) 
Brake facts 20 percent of the lap is spent on the brakes, with a maximum pedal load of 155kg. The hardest corner for braking is Turn 1 as drivers slow from 325 km/h to 85km/h in just 1.58s over 142 metres. 
Tyre facts Tyre supplier Pirelli will bring both medium (white) and hard (orange) tyres for the race, as well as the full wet (blue). At least two stops per car are expected during the race – more if there is rain

Distance between Red Bull Racing Milton Keynes HQ and Albert Park, Melbourne: 10509 km

Combined race starts of Red Bull racing drivers Daniel Ricciardo and Daniil Kvyat: 89

EXNESS PREDICTOR
Red Bull Racing has won the Malaysian GP three times: in 2010, 2011 and 2013 and this year they’ll be trying to knock last year’s winner, Lewis Hamilton, off top spot. Hamilton’s Mercedes team start as favourite for victory this weekend, after their dominant performance in the Australian GP – but four-time world champions Red Bull Racing are expected to be in the thick of the fight behind them.

#MalaysiaGP #EXNESSEXPERT
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May you have success in trading in the New Year!

Dear clients and partners,

We joyfully extend season's greetings to you and wish the very best for you in 2015!

Benjamin Franklin once said, "Time is money". This aphorism has since become a motto for many successful people. May the coming year bring success and be the best time for precise strategies and calculations! And may each minute of trading increase your equity!

We value each of our clients and the results that we have achieved thanks to your partnership with us. EXNESS proudly presents our results from the outgoing year and sincerely wishes you well on a special holiday page: https://www.exness.com/intl/en/happy_new_year_2015/

As a New Year's gift, we have prepared the "Happy New Year" bonus program for you. Participate in the program between December 23 to January 10 and you can receive a bonus of up to 70% on each deposit.  Learn more about the "Happy New Year" program here: https://www.exness.com/intl/en/bonuses/bny2015eu/

Thank you for choosing EXNESS for your professional development and trading achievements. We hope that our superior trading conditions delight you in 2015 and become the foundation for your victories on the currency market!


Risk Warning: Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your invested capital.
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EXNESS' new website — New opportunities for traders!

Dear clients and partners!

We are pleased to announce that, thanks to your active assistance, we have completed a major project to update the official EXNESS website https://www.exness.com

We have entirely transformed the website and created a new state-of-the-art resource with convenient features that comply with the latest web technology standards. Each employee actively participated in this project in order to make our service both high-quality and informative, but also simple and intuitive. We have tried to consider the needs of each of our clients. And now the new EXNESS Group website is ready — and we are delighted to present it to you!

Continuous improvement is one of our priorities. But effective growth is only possible with our clients' involvement. That is why for six years we have carefully listened to your wishes to create the most convenient environment for successful trading. We eagerly look forward to you visiting the updated website and would love to receive any comments about how to make it even better. Our technical support specialists are ready to receive your feedback, comments, and suggestions at any time https://www.exness.com/intl/en/livechat

We hope that our new website will not only be an excellent help and source of information, but also expand your opportunities to achieve new levels of professional mastery in the forex market!
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GOLD consolidation before the publication of retail sales statistics in the USA

Buy on rebound from 1212 level with 1238 target. Stop loss = 1190.

Reason for the trading strategy

Today at 13.30 GMT, the figures for the US retail sales will be published. The 0.4% (m/m) growth, expected in November will probably provide some support for the US dollar. We believe that near the $ 1212 level, demand for gold will rise again.

EXNESS analysis: https://www.exness.com/analytics
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RIDERS ON THE STORM

Daniel Ricciardo and Daniil Kvyat will line up fourth and fifth for tomorrow’s Malaysian GP, after a hugely dramatic, rain-hit qualifying session at the Sepang Circuit.

Australian Ricciardo edged out his Russian team-mate, to secure a place on the second row for a grand prix that their Red Bull Racing team have won three times since 2010.

Both drivers had progressed comfortably through the earlier stages of qualifying to emerge as contenders for strong grid positions. The second period of qualifying – Q2 – became a washout after a huge tropical thunderstorm hit Sepang just minutes into the session, but both Ricciardo and Kvyat set times that saw them comfortably placed for the final qualifying shootout – Q1: Ricciardo was fourth-fastest with a lap of 1m41.085; Kvyat was ninth on 1m41.665.

They’d both had to set their times immediately in Q2 as they knew the approaching tropical thunderstorm – a Malaysian GP hallmark – was imminent. Riccardo was told by his race engineer Simon Rennie, shortly after setting his fastest Q2 time: “There’s rain through turns five, six, seven and eight. You won’t go any faster now.”

As the heavy rain set in, Red Bull Racing mechanics adjusted the ‘set-up’ of their RB11 cars, to make them better suited to the cooler, damper conditions that faced them in Q3. Brake cooling was reduced, and the cooling apertures around the car were closed up to allow the cars to run more efficiently.

By Q3, on a damp-but-drying track, times were immediately slower: Ricciardo’s first mark showed how difficult conditions were: he set a time of 2m02s, but immediately went 10 seconds faster as water was dispersed from the track surface.

“Are conditions still improving?” asked Rennie. “Yep, a new set of inters will be the way to go at the end,” Ricciardo answered.
My mid-session, with five minutes to go, Kvyat and Ricciardo were neck-and-neck on intermediate tyres: Ricciardo fifth on 1:53.317, Kvyat 6th on 1:54.243.

By this stage, with the rain having stopped, air temperatures were at 24deg C and track temperatures up to a still-scorching 37deg C. The high track temperatures were encouraging the track surface to dry more quickly.

Kvyat, revelling the improved drivability of the team’s Renault engine, and the handling balance of his RB11 chassis, snatched fourth place with a 1:51.951. But as times tumbled and with cars twitching heavily on the still-damp surface as they struggled to apply full power, he was bounced down to fit by his team-mate.

With his last flying lap, Ricciardo pipped Kvyat to take an encouraging fourth place, having found speed gains in the last sector of the lap, where track was driest.

He said: “Yeah, that was a bit better! To be on the second row is nice – it’s good. We would like to be closer to Mercedes, but we’re ahead of the Williams, and we’ve definitely made progress since Melbourne.

“Bit by bit we’ll get closer. Fourth was the best we could have done and it’s positive to be this quick in the wet. I’m sure we’ll have some fun tomorrow! Tyre degradation will be a big factor – it’ll probably be a three-stop race.”

EXNESS PREDICTOR
Who’d make a firm prediction for a race that’s likely to be hit by a tropical thunderstorm? We’ll chance our arm and make a bold call: Sebastian Vettel, a three-time winner here, could sneak Ferrari’s first win of the season and the team’s first since 2013, as his car appears to have better long-run pace than the Mercedes of pole man Lewis Hamilton.

And with the super-talented Ricciardo and Kvyat starting from P4 and P5, Red Bull Racing have an excellent chance of a podium.

Our bet? Vettel-Hamilton-Ricciardo. But anything could happen…

‪#‎MalaysiaGP‬ ‪#‎EXNESSEXPERT‬
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PRACTICE FOR the Malaysian GP lived up to its reputation for challenging conditions, with ambient temperatures in the mid-30s and track temperatures nudging 60 deg C!

But both Red Bull Racing drivers Daniil Kvyat and Daniel Ricciardo proved to be cool customers in the heat, recording fourth- and tenth-fastest times in the second practice session for Sunday’s Malaysian GP.

The positions marked a great fightback for the team after a difficult Australian GP two weeks ago and for Daniil, in particular, fourth place was greatly encouraging after his warm-up lap retirement in Melbourne.

He said: “We had a few small issues at the end of the session, but nothing too big and it looks better for us here – we got some good laps today. We’re looking to make some steps overnight and we will keep working, as there’s definitely potential and things are looking better compared to Melbourne. We just need to keep working hard.

The timesheets look good, but it’s Friday, so you can’t read much into that and it’s more important to see what happens tomorrow and Sunday. We will keep fighting!”

Red Bull Racing has tweaked the electronic ‘brain’ of the RB11’s Renault engine, to make it more responsive to drivers’ needs and both ‘Dans’ found the motor to be an improvement on what they had in Australia.

Ricciardo said: “Some things are definitely positive and the bulk of the driveability issues we had in Melbourne are a lot better now. The car was a lot nicer to drive. We got to do a few set-up things this morning, then we had a few issues this afternoon which limited our running.

But there are some positives and we got some good feedback from Dany; he wasn’t too far off the pace of the Ferraris so that’s good and encouraging for tomorrow. We are finding improvements. If I see rain before qualifying tomorrow, I’ll probably have a little smile!”

Red Bull Racing has won the Malaysian GP three times: 2010, 2011 and 2013 and it will be looking to open its 2015 account here at a circuit where it has dominated in the past.

Away from the track, both drivers got a chance to indulge their competitive instincts with a squash challenge against women’s world number-one, Malaysian Nicol David.

Dan and Dany stepped into court with her at the Marina Centre near the Sepang Circuit and both drivers proved their competitive zeal in a sweat-inducing battle of the racquets.

Neither was able to vanquish the world no.1, although Ricciardo was adjudged to have performed better against his ace opponent.

“I’ve played squash a few times and I do like my racquet sports,” he said, “but it's more been tennis and table tennis. I think the last time I played was in the UK about four or five years ago. But it’s easy enough to get your eye back in.”

And proving that F1 drivers can’t help themselves when it comes to competition, he added: “I felt I did OK – not on the scoreboard, but I think it was alright! Dany and I played here and it was down to whoever lasted the longest. I narrowly beat Dany and… I won't lie, I'm pretty happy about that!″

‪#‎MalaysiaGP‬
‪#‎EXNESSEXPERT‬
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An energetic start to 2015: the partnership between EXNESS and Infiniti Red Bull Racing begins

Beginning January 1, 2015 EXNESS will be an official partner of the Infiniti Red Bull Racing Formula 1 team. The partnership will continue throughout the entire year.

"The past year was one of the most successful in the company's history. The trend in trading volumes and the number of new clients indicates steady growth, and traders increasingly trust us as a reliable and transparent company. As a result, we are prepared for big achievements together with Infiniti Red Bull Racing. And we believe this partnership will recharge us with special energy and power to succeed in the coming year," said Petr Valov, director of EXNESS.

EXNESS has big plans in 2015 to improve our services for our clients. And the partnership with the Infinity Red Bull Racing team will be another occasion to meet with partners and clients from around the world - and it will motivate us to implement ideas and joint projects.

To stay tuned in to the latest news about contests and events being held in cooperation with Infiniti Red Bull Racing, watch for updates on the company's website under the "News" section. EXNESS' most active clients and partners will have the opportunity to participate in drawings for unique gifts with EXNESS and Infiniti Red Bull Racing branding and other unusual prizes. Follow EXNESS and Infinity Red Bull Racing: Be at the epicenter of big events!

EXNESS hopes that 2015 will become a significant milestone in the company's history and a success time for traders, and that it will bring many breathtaking wins to the Infinity Red Bull Racing team.
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EXNESS operating hours on Christmas and New Year's Day

Due to the upcoming holidays, there will be changes to the trading conditions and operating hours of many major financial centers, which may affect your trading at EXNESS.

Please see the changes to trading during the holidays and for EXNESS client support.

Operating hours: https://www.exness.com/intl/en/news/article/exness_operating_hours_on_christmas_and_new_year_s_day/
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This week, the dollar may fall to 117.2 yen

The US Federal Reserve meeting will be this week's key event. On Wednesday, the US regulator will announce the economic forecasts for inflation and GDP growth in the US over the next 2 years. The November decline in the producer price index from 1.7% (y/y) to 1.1% (y/y) in the United States signaled a weakening of inflationary pressures in the world's largest economy. The cold winter in the United States in Q1 2015 can play a mean joke on the US GDP as it did in Q1 2014. The US Central bank is unlikely to take risks and will raise the key rate at the end of Q2 2015 rather that at the beginning.

On Monday, December 15, the preliminary results of the parliamentary elections in Japan will be announced. It is expected that the Liberal Democratic Party, led by current Prime Minister Shinzo Abe will get a comfortable majority. In this case, the implementation of an ultra soft monetary policy in Japan is likely to continue. With the USDJPY pair lowering to the 117.20 support level, opening long positions in the US dollar is worth considering.

In the first half of this week, market participants will learn the latest data on inflation and unemployment in the UK. The expected reduction in both indicators will cause headache for the Bank of England again. According to the forecasts of the S&P agency in 2015, the UK's GDP growth rate will exceed 3% per year. The British regulator will probably raise the rate next year, but earlier than Q3. 2015. During the week, the pound may test the 1.5800 level.

EXNESS analysis: https://www.exness.com/analytics
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Deflation destroys the euro zone

Last Friday, the negative inflation statistics for the euro zone was published, putting the ECB in an awkward position. The European regulator, whose goals include targeting inflation at 2% per year, allowed it to reduce from 0.4% (y/y) to 0.3% (y/y) in November. Weak demand in the euro zone against the background of the sanctions war with the Russian Federation, as well as the 2.5% (y/y) drop in energy prices have provoked an unwinding of the deflationary spiral in the European region. At the same M. Draghi's revolutionary words on the need for an economic union in the euro zone are very pleasing for Berlin, which encourages their younger colleagues to tighten their control of expenses.

However, it is clear that such deep European integration, in which the European states national governments give the control over the finances to Brussels, will not be implemented in the short term. In this regard, we believe that in order to support economic growth and acceleration of inflation in the European region, the ECB will resort to buying the euro zone countries sovereign bonds, including the PIGS countries bonds. Germany will certainly oppose this. On December 4, 2014 Mario Draghi will probably set the record straight.

The chances of the euro declining to 1.2350 by the end of the week, and by the end of 2014 - to the 1.2200 level, remain very high. 

Risk Warning: Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your invested capital.
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