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Hourly labour costs ranged from €6.0 to €44.7 across the EU Member States in 2019

31/03/2020(0)
In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.7 in the European Union of 27 Member States (EU) ... Read More
european stocks

European stocks rise as Chinese factories see coronavirus rebound

31/03/2020(0)
European stocks rose on Tuesday after stronger-than-expected industrial data from China raised hopes that the world’s second-largest economy could stage a swift recovery from the coronavirus crisis. The pan-European ... Read More
nzdusd

Elliott wave analysis: AUDUSD and NZDUSD Turning Bearish

30/03/2020(0)
AUDUSD is currently recovering, however in an overlapping fashion, which suggest a corrective recovery to be in play. We are looking at a wave 4) of a higher degree, ... Read More
GOLD bars

Gold Is Now “Unobtanium”

30/03/2020(0)
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: “Coronavirus Sparks a Global Gold Rush Epic ... Read More
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

The dollar rises against major currencies and riskier emerging markets

30/03/2020(0)
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened ... Read More
usdchf

Interesting pattern on USD/CHF points higher – Elliott wave analysis

27/03/2020(0)
On the weekly chart of USD/CHF, we can see that price was for the last five years making a sideways, and overlapping price activity; an Elliott wave running triangle ... Read More
Fondex Building

Fondex continues business as usual and announces swap-free trading conditions on indices to assist long-term investors

26/03/2020(0)
In light of the current outbreak of the coronavirus disease 2019 (COVID-19), and given the markets’ high volatility over this challenging period, Fondex reassures its clients that they can ... Read More
U.S. dollar and euro banknotes are seen in this picture illustration

Euro and US Dollar during COVID-19 outbreak: what’s happening to the currencies?

26/03/2020(0)
The U.S. dollar has risen in comparison to other currencies this week. Despite recent steps taken by world central banks to alleviate market stress, the US dollar demand was ... Read More
currency

Payments panic and the ending of fiat currencies

24/03/2020(0)
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show ... Read More
cryptocurrencies trading

Cryptocurrency value rises over $14 billion in 24 hours as bitcoin rallies 10%

24/03/2020(0)
Cryptocurrency prices rallied on Tuesday even as equity markets continue to come under pressure due to coronavirus fears weighing on investors’ sentiment. Bitcoin was up over 10% from 24 ... Read More
Broker Cyprus TopFX