Thu, 12 Apr 2012 10:01:00 +0400
Spanish government is putting every effort to reduce expenditure budget, and it has been rather successful in doing so. To a great extent this is proved by preliminary results of European Commission about Spanish draft budget. The Commission has concluded that Madrid does not need help of Eurozone Stability Fund.
That is why when Italian Prime Minister Mario Monti claimed Madrid to be the source of new wave of European debt crisis, the head of Spanish government Mariano Rajoy strongly suggested choosing expressions when referring to his country. At the same time, he claimed about his hopes about European Union and ECB support in implementing reforms in Spain .
EURUSD currency pair continues wave "С" h1 up at FOREX market after its correctional wave level has risen. 1.3167-1.3181 range, according to the System of Early Prediction Sub-department of Masterforex-V Trading Academy, may be regarded the target of the uptrend.
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When choosing an FX broker, you have to take into account a whole lot of factors. Some traders might value the spread and leverage while others pay attention to the quality of tech support. However, here are more sophisticated traders who value many more aspects, including various technologies, execution speed, innovative solutions and so much more.
Institutional FX brokers are FX companies that can be viewed as some of the industry’s leaders. These companies can boast licenses and are regulated by major financial watchdogs. At the same time, it should be taken into account that such big-scale guys make up for the lion’s share of all the FX trading volume.
According to the recent report published by Markit Economics, the business activity in the Eurozone (19 countries) declined in September 2015. In particular, the Eurozone’s PMIs dropped down to 53,6 points, all the way down from 54,3points seen 4 weeks before, Market Leader reports.
According to the recent ISM Non-Manufacturing report, the index dropped down to the lowest point since June last month. In particular, the index shrank from 59 points all the way down 56,9 points over the reporting period, Market Leader reports.
According to the latest report published by Markit/CIPS the other day, the business activity level in Great Britain declined in September. At the same time, experts stat talking about a possible slowdown in the British economy.
According to the latest reports published by official Japanese statistic agencies, Japanese employees get bigger paychecks on average last month. However, the experts say that the pace of income growth slowed down over the reporting period. Some of them view this slowdown as a reason for extra stimuli for the national economy.
According to the recent report published by TD Securities, with reference to the data published by the Department of Economics and Trade at the University of Melbourne, September’s inflation figures were equal to 0,3% relative to the previous readings of 0,1%. The year-over-year dynamics also showed an increase fro, 1,7% up to 1,9% over the reporting period.
We live in a mobile world where people are always on the go. Forex traders are no exception. Therefore, it is crucial for the trader to be able to access important market data and monitor trades anywhere.