Search Results for: EC
UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months
August 4th, 2017
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Elliott Wave Analysis: USDJPY Daily and Intraday Forecast
August 1st, 2017
On the daily chart of USDJPY, we can see bigger sideways price action unfolding, which can be a triangle correction in the making. An Elliott wave triangle correction is a continuation pattern, which means after it unfolds a new ...
Euro’s rally might receive a further boost
August 1st, 2017
A snowball effect: Euro to strengthen against Pound Sterling as Eurozone investors are forced to hedge against an unexpected strengthening of their currency. Analysts at BNP Paribas have warned their clients that the Euro’s rally might receive a further ...
CySec fined an executive director of a Cyprus Investment Firm
July 31st, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at its meeting held on 26 June 2017, decided to impose an administrative fine of €10.000 to Mr. Charalambos Kiritsis ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
The Cyprus Securities and Exchange Commission imposed a €10.000 fine to a natural person
July 27th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform public that at its meeting held on 6 February 2017, decided to impose an administrative fine of €10.000 to Mr. Emmanuel Ayoun for non compliance ...
PayPal reports record revenues
July 27th, 2017
PayPal has issued today an announcement to publish Second Quarter 2017 Financial Results. According the results: PayPal drove record revenues, volume, and net new actives: In the second quarter, we added 6.5 million net new active accounts to our payments ...
Samsung Electronics reports record second-quarter operating profit, up 73%
July 27th, 2017
Samsung Electronic’s Q2 operating profit was 14.1 trillion won, topping Q1 as highest-ever The company is on track to book a record annual profit on chip boom Overall earnings in Q3 may decline slightly compared to Q2, Samsung said ...
FED expects inflation on a 12-month basis to remain somewhat below 2 percent
July 27th, 2017
The Federal Reserve , the central bank of the United States, has issued a FOMC statement. According the FOMC statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to ...
