Once bit, twice shy, as a Kazakh saying goes. The same is happening to the European Commission, which is burdened with lasting European debt crisis and “surprises” of stock and financial markets. Represented by Joaquin Almunia, European Commissioner for Competition Incumbent, it has expressed deep concern about the plans to merge Frankfurt stock exchange and New York exchange NYSE Euronext. “In this reference, deep concern is caused by the fact that there has appeared a strong player at European market of derivative instruments, and it can become a monopolist”, claimed the Commissioner.
The heads of stock exchanges have received a notice, which expresses critical attitude to creating the largest “stock exchange” worldwide.
Forex news
EURUSD currency pair maintains upward wave “C” of h1 level at FOREX market. Provided that there are no signals about its termination, levels 1.3481 and 1.3601 can become the motion targets.
At the same time, the h4 timeframe ТР (Turning point) failed to stand the test of time, which, according to the specialists of the System of Early Prediction Sub-Department under the Department of Masterforex-V Trading System , signals about the possibility to raise correction wave level during upward motion.
Whether the situation or the currently predicted motion direction changes is traced by the signals of the System of Early Prediction under the Department of Masterforex-V Trading System .
