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Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat

December 19th, 2017 (0)
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...

GBP to EUR Exchange Rate Briefly Advances

December 19th, 2017 (0)
Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength. ...

Bitcoin.com co-founder sells entire stash, calls it ‘virtually unusable’ as a currency

December 19th, 2017 (1)
In an interview with Swedish website Breakit, Emil Oldenburg, the co-founder and chief technology officer of Bitcoin.com — which offers various services including mining, currency exchange and wallet storage — warned very high fees and long transaction waiting times ...

NZDUSD Looking For A Top and USDCAD Just Going Bullish

December 18th, 2017 (1)
NZDUSD is trading bullish, unfolding a five-wave recovery within wave C. Current sub-wave v of C, that is on display is extended and can search for a top near the upper channel line, where even Fibonacci ratio of 61.8 ...

Europe, Brexit and the credit cycle

December 18th, 2017 (0)
  Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...

Cyprus Investment Firm fined by CySec

December 18th, 2017 (0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that at its meeting held on 13 November 2017, the Board decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for ...

These are some of the key events investors will be watching this week

December 18th, 2017 (0)
Asia-Pacific stocks kicked off the penultimate week of the year on a positive note after a Republican agreement on the shape of U.S. tax cuts aimed at boosting growth in the world’s largest economy. Equity benchmarks in Tokyo, Hong ...

1 in 6 EU businesses sold on the web in 2016

December 15th, 2017 (0)
Last year, 16% of enterprises located in the European Union (EU) and employing at least 10 persons had received orders via a website or via apps. Web sales include both sales to individual consumers and to other enterprises.The share ...

Yen Rose, Euro Was Little Changed, Dollar Headed For Its First Weekly Loss

December 15th, 2017 (0)
Stocks in Asia declined and the dollar headed for its first weekly loss this month as investors assessed messages from Federal Reserve and European Central Bank meetings this week and concerns about the Republican tax overhaul package lingered. Hong ...

Oil Prices Up On Lower U.S. Crude Stocks

December 14th, 2017 (0)
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. U.S. West Texas Intermediate (WTI) crude futures were at ...
Broker Cyprus TopFX