Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Friday, 29 April 05:38 (GMT -05:00)



Business And Politics News

Herman Van Rompuy: there is a way out from crisis


Forex news. The web-site of European Union displays a video message from EU President Herman Van Rompuy, in which he announces that another meeting of EU heads has been planned for January 30, 2012. Formally, the problem of unemployment will be the key topic of discussion, whereas in fact the issue of Eurozone debt crisis will certainly be raised.
In general, the message is rather positive: "We are to take drastic measures in the sphere of unemployment. Providing financial stability within Eurozone is of major importance for our future. This year we have made significant decisions to fight the crisis of sovereign debt. Almost all countries, members of the union, are holding reforms aimed at rising the competitiveness of our companies and strengthening public finance. There is a social way out from crisis".

As a balance to the official optimism of European Union, RBC Daily newspaper has published a translation of Nobel Prize winner in economics Joseph Stiglitz’s view on current situation. Its main idea can be summed up as "World is on the point of new chaos". Stiglitz supposes that the best thing about the expiring year of 2011 is that it has probably been better than the coming 2012.

At FOREX market EURUSD currency pair is forming a rising wave "С" of h1 level, which corresponds to sub-wave "с" within the ТР (Turning Point) of h4 level.
4th sub-wave is being formed as a part of wave "С". As soon as it is over, the current rising trend will probably continue, provided that there are no signals about its termination. In such a case, point 1.3183 will be the nearest target, as stated by the specialists of the System of Early Prediction Sub-department under the Department of Masterforex-V Trading System .

 

 

SRP Sub-department under the Department of Masterforex-V Trading System will signal about the change of the situation or trend.

 

You are free to discuss this article here:   forum for traders and investors

 

Text: Alex von Stachelkopf, expert of SRP Sub-Department under the Department of Masterforex-V TS
Add to blog
Got a question? – Ask it here »
 

Saudi Arabia’s Oil Games May Be Dangerous to Both Russia and USA

According to Andrey Gudkov, an observer for Deutsche Welle, the oil games played by Saudi Arabia may present danger to Russia and the USA. The be more specific, the observer says that the Saudis are playing dangerous oil games. They have been playing similar games in security and politics. Now they are playing those in macroeconomics. For instance, it was Saudi Arabia who intentionally disrupted the recent oil summit in Doha. On top of that, the Saudis announced their intention to sell tons of U.S. bonds to a stunning amount of $750 billion. Such unexpected steps may undermine financial markets worldwide and eventually affect a number of major and emerging economies, including Russia and the USA.

Publication date: 22 April 09:26 AM

Brexit May Cost EU 5% GDP

As you probably know, it is still unclear whether the UK is going to stay an EU member. The local officials seem to be against the so-called Brexit. However, the plain folks are going to make the final decision. The thing is that the authorities are going to conduct a Brexit referendum to let the people decide whether to stay in the European Union or quit it.
 
Publication date: 07 April 12:11 PM

Low Oil Prices Affect the Suez Canal

Low oil prices undermined the status of the Suez Canal. They say most ships find it cheaper to sail around Africa rather than sailing through the Suez Canal.  Some market observers believe that the oil market crash resulted in multiple consequences. On top of billions of dollars of lost profits by the world's biggest oil exporters, sailing around Africa is no said to be cheaper than saving time by passing through the Suez Canal.

Publication date: 07 April 08:19 AM

Chinese Economy Recovers Faster Than Expected, HSBC Says

According to HSBC experts, the Chinese economy has stabilized and is on its way to recovery. On top of that, the experts say that the recovery is accelerating and getting faster than expected. To be more specific, the latest economic figures coming from China shows that there is a considerable improvement going on in there.
 
Publication date: 07 April 06:34 AM

IMF Says Global Economy In Jeopardy

The IMF warns about growing risks form the entire global economy, which may end up with a crash. The Fund urges international politicians and financial authorities to start taking urgent steps to stimulate demand and consumption.  
 
Publication date: 07 April 06:16 AM

Russian Central Bank Loads Up On Gold Heavily

Russia’s central bank is reported to have been buying gold at an unprecedented rate. To be more specific, the IMF reports that the central bank purchased 11 tons of gold last month. Given the fact that the People’s Bank of China is still number one in terms of buying gold, the Central Bank of the Russian Federation comes second after its Chinese counterpart. Still, some experts say that the gold purchase stats provided by the People’s Bank of China cannot be seen as reliable since there is no transparent way to confirm those stats. With that being said, Russia may be close to be the biggest buyer of gold to date.
 
Publication date: 06 April 10:44 AM

Why Apple Goes Back To Small-Screen iPhones

In late March, Apple conducted another conference where the corporation introduced its new devices. The presentations took place in Cupertino, where Apple’s headquarters are located. As you probably know, iPhone SE became the focus of the event. SE stands for special edition. Indeed, the device looks like iPhone 5 or 5S but its tech specifications are those compared to iPhone 6S.
 
Publication date: 05 April 09:07 AM

Masterforex-V Expo: Best FX Banks. March 2016

How to make the right decision by choosing a reputable FX broker? How to avoid fakes and scams? Will, the questions seem difficult to answer. Right off the bat, you may answer that this should be an honest and client-oriented company since you are going to trust your money with it. However, it is clear that there are no universal blueprints when it comes to choosing reputable FX brokers. The thing is, all traders are individuals with their own sets of goals, ambitions, aspirations, requirements, fears, and interests. With that being said, the parameters they take into account when choosing reliable FX brokers may vary from trader to trader. Still, there are some key factors that are common for any decent company working in the industry of retail FX brokerage services.
 
Publication date: 24 March 12:04 PM

No Global Financial Crisis This Year, Roubini Says

Famous American economist Nouriel Roubini is sure that there is not going to be any major crisis in 2016. Still, this year is going to be a tough one for international commodity markets as well as many economies out there, especially emerging ones, the expert says. By the way, Mr. Roubini has been famous for his prediction of the 2008 global crisis, which is why he has been enjoying respect in the international financial community ever since.

Publication date: 18 March 02:31 PM

Will China Succeed In Reformatting Its Economy?

The latest economic figures coming from China make the international exert community worry about the fate of the Chinese economy in particular and the entire global economy in general. The thing is, each time Western stock markets start plunging, China is viewed as one of the key drivers affecting those markets along with other markets out there.

Publication date: 10 March 06:40 AM