Search Results for: EU
Italy’s main opposition parties call for new currency to flank euro
September 13th, 2017
Italy’s leading opposition parties are calling for the introduction of a parallel currency to the euro, which they say will boost growth and jobs. Three of the country’s four largest parties – the Five Star Movement, the Northern League ...
European Commission welcome digital taxation proposal
September 12th, 2017
The European Commission has today welcomed a joint proposal from the so-called Big Four member states – France, Germany, Italy and Spain – on the taxation of large digital companies. The Irish Government is, however, expected to express caution ...
Dollar Tumbled as Yen, Euro Rally on Irma, ECB
September 8th, 2017
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
Elliott Wave Analysis: USDCHF and EURCHF
September 7th, 2017
Elliott Wave Analysis: USDCHF and EURCHF Despite sharp leg up on EURUSD, USDCHF is sitting at 61.8% Fib. support level so there is a chance for a bounce, but would need 0.9593 broken to confirm a new leg ...
Low European Union sugar stocks ‘protecting producers’ from world price tumble
September 7th, 2017
The low level of European Union sugar inventories is seeing the bloc’s producers secure relatively high prices on supply contracts, despite weak world values, and indeed strong European output prospects. Headline market dynamics would appear to suggest the potential ...
Euro strength makes Europe a buying opportunity for investors, Barclays says
September 7th, 2017
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. Five percent decline in European stocks driven by the 10 percent appreciation in ...
Elliott Wave Analysis: EURUSD and USDCHF
September 5th, 2017
Elliott Wave Analysis: EURUSD and USDCHF Markets did not move much since yesterday because of holiday in US, but we expect volatility to come back soon. Technically, market did not change; we still see room for more USD ...
Europe’s main stock markets move higher at open
September 5th, 2017
Europe’s main stock markets shifted marginally higher in opening trade on Tuesday, after sliding the previous day on mounting concern over North Korea. In initial deals, London’s benchmark FTSE 100 index of major blue-chip firms gained just 0.1 per ...
European stocks are expected to higher Friday
September 1st, 2017
European stocks are expected to higher Friday ahead of a key employment report from the United States that could set the tone for interest rate hikes and market direction into the final months of the year. Germany’s DAX performance ...
Dollar gains, Euro was steady, Yen fell, Gold declined; Traders review
August 31st, 2017
Asia Stocks Mixed Ahead of U.S. Jobs; Dollar Gains Asian shares were mixed after data underscored the resilience of the American and Chinese economies, while the U.S. administration sent mixed signals on North Korea and its latest missile launch. ...