Search Results for: Ether
Unemployment rate in Euro area increased
September 3rd, 2020
In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in June 2020. The EU unemployment rate was 7.2% in July ...
A critique of modern socialism
September 2nd, 2020
Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist model. But after nearly ...
Triangle on AUDJPY In Final Stages! – Elliott wave
August 27th, 2020
AUDJPY can be ending a big, bullish triangle pattern within a corrective wave 4, which was in action since June of 2020. We can see five potentially completed legs in a triangle, where final leg e looks to have ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Annual inflation up to 0.4% in the euro area; The highest and lowest annual rates
August 26th, 2020
In July 2020, a month in which COVID-19 containment measures continued to be lifted, the euro area annual inflation rate was 0.4% in July 2020, up from 0.3% in June. A year earlier, the rate was 1.0%. European Union ...
Most Asian currencies struggled for direction on Friday
August 21st, 2020
Most Asian currencies struggled for direction on Friday as the yuan pulled back after hitting a seven-month high against the U.S. dollar, while the Taiwan dollar strengthened on the back of better-than-expected export orders. The yuan often tends to ...
Can USDMXN Break Out Of A Triangle?
August 17th, 2020
USDMXN is trading sideways since the beginning of June and it looks like it is forming a big, bearish Elliott wave triangle in wave IV that can send the price even lower for wave V, but seems like one ...
Major tech corporations face multi-billion-euro cases for alleged GDPR breaches
August 17th, 2020
Two multinational data processing firms are facing legal action that could amount to billions of euros for alleged breaches of the EU’s General Data Protection Regulation (GDPR). The Privacy Collective, a non-profit Foundation that pursues claims for violations of ...
Interactive Brokers LLC to pay more than $12 million for AML and Supervision violations
August 17th, 2020
The Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant (FCM), for failing to diligently supervise its officers’, employees’, and agents’ handling of several commodity trading accounts and failing ...
Europe stock futures tick lower; Offshore yuan and euro to dollar traded up
August 17th, 2020
Stocks in China climbed after the central bank’s injection of cash raised hopes of more supportive monetary policy, with equities and futures elsewhere trading mixed as investors assessed soured U.S.-China ties. The dollar slipped. The Shanghai Composite was more ...
