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Cyprus Securities and Exchange Commission: Beware of fraudulent emails

February 1st, 2019 (0)
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that emails are being sent by unidentified sources, illegally using the logo or the name of CySEC to seek payment of so-called outstanding sums ...

UPDATE: European shares edge up

February 1st, 2019 (0)
European shares edged up on Friday as a fresh batch of earnings for the fourth quarter and signs the China/U.S. trade talks were successful helped keep investors risk-on despite a dismal survey on Chinese factory activity. At 0824 GMT, ...

Contingent liabilities and non-performing loans in the EU Member States

January 31st, 2019 (0)
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data on government guarantees, liabilities related to public-private partnerships recorded off-balance ...

Sterling resilient as Britain pursues Brexit deal change

January 31st, 2019 (0)
Sterling recovered on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit, as investors bet the government would still avoid exiting the European Union without an agreed divorce deal in place. Growing expectations that ...

UK Regulator consults on cryptoassets guidance

January 30th, 2019 (0)
The FCA, the conduct regulator for financial services firms and financial markets in the UK has issued an announcements to inform that is consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. The guidance ...

Elliott wave Analysis: GBPUSD Unfolding a Five-wave Rally, and DAX A Temporary Correction

January 29th, 2019 (0)
GBPUSD is recovering sharply from the 1.267 level, giving us a sign that corrective wave 2)/B) had ended, and that now wave 3) or C) is in play. In such case, a five-wave rally is expected to show up, ...

ESMA updates the MiFID II/MiFIR transitional transparency calculations

January 23rd, 2019 (0)
The European Securities and Markets Authority (ESMA) has issued a press release to inform that an updated version of the MiFID II/MiFIR transitional transparency calculations (TTC) is available. The update relates to the transitional transparency calculations for commodity derivatives ...

Mastercard fined €570.6m

January 23rd, 2019 (0)
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...

Emerging-Market currencies drop; Latam stocks fell sharply

January 23rd, 2019 (0)
Latin American stocks fell sharply on Tuesday, in line with world stocks, as global growth slowdown fears gripped markets after the International Monetary Fund cuts its growth forecast. The IMF revised its 2019 global growth forecast lower than what ...

Elliott wave Analysis: USDCAD and USD Index Developments

January 22nd, 2019 (0)
USDCAD made a sharp bearish reversal down from 1.366 level, an impulsive wave A) to be specific which looks to have found a base at the 1.317 level. A recovery that followed from the lows can be part of ...
Broker Cyprus TopFX