Latest News

european stocks

European Stoxx 600 hovered just below the flatline in early trade

07/08/2020(0)
The pan-European Stoxx 600 hovered just below the flatline in early trade, with autos falling 0.7% to lead losses while telecoms bounced 1% higher. Asian stocks were mostly lower ... Read More
GOLD bars

Gold price rises above $2,000 for first time

06/08/2020(0)
Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic. Investors have moved cash into the precious metal as Covid-19 ... Read More
copper price analysis

Elliott wave analysis: Copper in An Uptrend

05/08/2020(0)
Copper can be unfolding a bigger, five-wave recovery, up from March of nineteen of 2020. Now price can be trading into final stages of a higher degree wave 3 ... Read More
inflation

Euro area annual inflation up to 0.4%

05/08/2020(0)
In July 2020, a month in which COVID-19 containment measures continued to be lifted, Euro area annual inflation is expected to be 0.4%, up from 0.3% in June according ... Read More
CySEC logo

CySEC decided to reach a settlement with a Cyprus Investment Firm

05/08/2020(0)
The Cyprus Securities and Exchange Commission (CySEC) has today issued an announcement to inform about its decision for reaching a settlement with a Cyprus Investment Firm (CIF). With this announcement, ... Read More
euro currency

Possibly largest ever bust of banknote counterfeiters in the history of the euro

05/08/2020(0)
Law enforcement authorities from Italy, Belgium and France, supported by Europol, dismantled an organised crime network involved in euro counterfeiting. The criminal network dismantled in Italy produced 25% of ... Read More
Russian-Flag

Putin signs law giving cryptocurrency legal status in Russia

04/08/2020(0)
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means ... Read More
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

Dominant currencies and the limits of exchange rate flexibility

03/08/2020(0)
Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and ... Read More
eurozone

The Eurozone’s financial disintegration

31/07/2020(0)
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national ... Read More
emerging currencies

Emerging market currencies were set for their best month this year

31/07/2020(0)
Emerging market currencies were set for their best month this year on Friday, as the dollar was on track to record its worst month in a decade on doubts ... Read More
Broker Cyprus TopFX