Search Results for: EU
Elliott Wave Analysis: EUR/GBP In Bearish Reversal
July 6th, 2020
EURGBP started firmly dropping from the 0.918 level (also level of a Fib. ratio of 61.8), giving us first signs of a possibly completed A-B-C move in a higher degree wave B) correction. We are now observing a minimum ...
EU Member States agree to defer start date of e-commerce VAT rules
July 3rd, 2020
EU Member State representatives on Coreper (the Permanent Representatives Committee) today reached a preliminary agreement to extend by six months the start date of the EU’s new VAT regime applicable to online companies. The rules will become applicable on ...
Huge wine frauds uncovered in Europe; Legal proceedings
July 3rd, 2020
Fresh allegations have emerged in a major wine fraud investigation underway at Spain’s top criminal court, the Audencia Nacional. The inquiry centers on the involvement of two of Spain’s biggest wine companies in the fraudulent labelling of young wine ...
European stocks had their best quarter in five years: Here are the biggest movers
July 1st, 2020
The Euro Stoxx 600 on Tuesday closed out its best quarter since March 2015, having climbed 12.59% since the beginning of April. Even after that rally, the pan-European blue chip index still closed down 13.35% on the year and ...
European shares were moving higher on Tuesday
June 23rd, 2020
European shares were moving higher on Tuesday even as a number of states in the U.S. continued to report a rise in new virus cases and hospitalizations. Meanwhile, a closely-watched measure of economic activity pointed to a continued rebound ...
EU: Oil deliveries declined; The countries with the largest quantity decreases
June 18th, 2020
EU Member States have taken restrictive measures to slow down the spread of COVID-19 that have had an impact on the use of fuels for transport, such as limitations in international air traffic and people’s movements. These measures, which ...
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
Mastercard and Visa lose legal round in Europe over swipe fees
June 18th, 2020
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...
European shares jumped on Tuesday
June 16th, 2020
European shares jumped on Tuesday as sentiment was lifted by the launch of the U.S. Federal Reserve’s corporate bond buying programme and concerns about a second wave of global coronavirus infections eased. The Fed is set to start purchasing ...
TikTok faces scrutiny from EU watchdogs over Data practices
June 12th, 2020
TikTok, ByteDance Ltd.’s social media app, is facing broader scrutiny over its privacy policies, following a decision by the European Union’s data protection chiefs to coordinate potential investigations. Wednesday’s announcement by a panel of EU authorities follows the decision ...
