Search Results for: German
Ex-Head of Volkswagen suspected of tax evasion in Germany – Reports
July 31st, 2018
The prosecutors of the German city of Braunschweig are suspecting former head of Volkswagen AG Martin Winterkorn of tax evasion, local media reported on Sunday. The investigation began in 2017 in Munich, when a staff member at Sparda bank ...
German supervisory authority warns for the Forex provider XMarkets
July 12th, 2018
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued a warning to inform investors and public that the operator of “XMarkets” (Celestial Trading Ltd.) has no authorisation pursuant to section 32 of the German Banking Act. ...
Dollar rally fizzles on euro bounce; German inflation in focus
June 29th, 2018
The dollar turned lower on Thursday, giving up early gains as rising inflation in some German regions prompted some traders to buy the euro, though rebalancing flows for the half year checked sharp losses. With concerns about trade dominating ...
Update: European shares fall; Pan-European STOXX 600 and Germany’s trade-sensitive DAX were down
June 28th, 2018
Trade tensions and political concerns again weighed on European shares on Thursday as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany’s trade-sensitive DAX were down ...
Bundesbank released German economy projections
June 19th, 2018
The June 2018 edition of the Bundesbank’s Monthly Report outlines the prospects for the German economy on the basis of macroeconomic projections for 2018 and 2019, with a look ahead at the year 2020. According to the forecast, which ...
German DAX and S&P500 Looking for A Drop
May 18th, 2018
German DAX can be trading at the end of a bigger, five-wave impulse labelled as wave 5. Wave 5 has already unfolded five of its legs, meaning a bearish reversal can be around the corner. Also, we see Fibonacci ...
Facebook personal data use and privacy settings ruled illegal by German court
February 15th, 2018
Facebook’s default privacy settings and use of personal data are against German consumer law, according to a judgement handed down by a Berlin regional court. The court found that Facebook collects and uses personal data without providing enough information ...
The German Supervisory Authority Released Guidelines On CFDs Trading
December 5th, 2017
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published guidelines on trading in financial contracts for difference (CFDs). These guidelines are intended to serve as an aid for CFD issuers in adapting their conditions of contract so ...
Elliott Wave Analysis: German DAX Looking For Final Bullish Wave
October 25th, 2017
Elliott Wave Analysis: German DAX Looking For Final Bullish Wave Here we see price trading in a bullish impulse, with price specifically trading at the end of wave 4). Wave 4) is a corretive wave that, can unfold as ...
Swiss bank UBS probed in Germany over alleged tax fraud
September 29th, 2017
Prosecutors have started an investigation into clients of Swiss bank UBS in Germany suspected of tax evasion. According to Reuters, about 130 prosecutors and tax investigators from the city of Bochum carried out searches of premises, including UBS’ offices. ...
