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Three Fed Scenarios For The Crucial Dot-Plot
Thursday, March 14, 2019 - 10:01am | 985Read More...The Fed decision is centered on the dot-plot after the Fed pledged patience. Announcements about the balance sheet, a reaction to jobs, and inflation are also of interest. The US Dollar is set to move quite a bit, except against one currency. The Federal Reserve announces its decision on...
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Labour And Tories In Brexit Stand-Off
Friday, January 18, 2019 - 10:28am | 1088Read More...The Labour Party has demanded that Theresa May takes the prospect of no deal (on Brexit) off the table following the failed motion of no confidence in the government yesterday. Jeremy Corbyn, the leader of the Labour Party, called May's invitation for talks a "stunt" and refused to...
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GBP/USD Forecast: Sterling Rangebound After May Wins A No-Confidence Vote
Thursday, January 17, 2019 - 11:49am | 405Read More...Prime Minister Theresa May's government won a confidence vote in the House of Commons with 325 votes versus 306 clearing the way for a delayed Brexit. The European Union is reportedly ready to delay withdrawal until next year. The GBP/USD remains in a sideways trend in the upper part of the...
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EUR/USD Forecast: Sideways Trend Is Destiny For The Euro
Thursday, January 17, 2019 - 11:45am | 381Read More...Amid lack of macro drivers, the message from the ECB President Draghi about recent economic developments being weaker weighs on Euro. The sideways trend on EUR/USD is prevailing as currency pair remains below the short-term triangle structure. The Eurozone inflation is expected to follow Germany...
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EUR/USD Forecast: Euro breaks out from triangle structure on the downside
Tuesday, January 15, 2019 - 10:54am | 530Read More...While the broader sideways trend on EUR/USD is prevailing, the short-term breakout from the triangle structure indicates further US Dollar strength. The Federal Reserve’s vice chairman Clarida repeated the language of Fed being “very patient” on rates as it will assess the...
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Germany Says It's "Ready" To Build Infrastructure To Import U.S. LNG
Friday, January 11, 2019 - 2:03pm | 1336Read More...Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier announced earlier this week that European nations were ready to build the necessary infrastructure to import liquefied natural gas (LNG) from the U.S. At this time, Europe has 28 ‘regasification' import...
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Seko To Begin Own Operations In Ireland After Years In Agency Relationship
Thursday, January 10, 2019 - 7:36pm | 313Read More...U.S.-based third-party logistics provider Seko Logistics has launched its operation in Ireland after years of working with a local freight agency, the company said today. Seko said its new office and warehouse facility is located at Dublin Airport, located in Harristown. It moved in at the start of...
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EUR/USD Forecast: Trumped Up By Trump's Desire For A Deal
Wednesday, January 9, 2019 - 1:23pm | 570Read More...EUR/USD is moving to the upper part of the range once again. Reports that Trump wants a deal supports the mood. The technical picture is bullish for the pair. EUR/USD kicks off the European morning on a positive note, topping 1.1450. US-Chinese trade talks have concluded without an accord, but...
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GBP/USD Forecast: Sterling Rises to December 10 High at Year's End
Monday, December 31, 2018 - 12:27pm | 408Read More...The GBP/USD rose to 1.2747, the highest since December 10 at the end of the year low liquidity trading. The European Commission President Juncker said the EU is not trying to keep Britain in and wants to start discussing future ties the moment the UK parliament approves Brexit. The US political...
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EU To Review New Digital Tax Plan From France, Germany
Monday, December 3, 2018 - 4:44pm | 403Read More...Last month, the European Union announced the collapse of its plans to tax internet and tech giants like Alphabet Inc.’s (NASDAQ: GOOGL) Google and Facebook, Inc. (NASDAQ: FB). The alternative included specific national initiatives. Advancements within the negotiations are slated to be...
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The Empires Strike Back: Intel, Boeing Score Rare Wins Against EU Antitrust Czar
Wednesday, September 6, 2017 - 3:24pm | 848Read More...Europe's antitrust czar, the scourge of U.S. corporations, has a sculpture of a hand in her Brussels office, its middle finger extended out. On Wednesday, the bird was on the other hand. In the latest feud between U.S.-based corporations and overseas regulators, the European Union's top...
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EU Slaps Google Parent Alphabet With $2.7 Billion Fine
Tuesday, June 27, 2017 - 8:17am | 439Read More...Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) were trading lower by more than 1 percent early Tuesday morning after the company was slapped with a $2.7 billion fine from the European Union. The EU's antitrust body confirmed in a press release it has fined Google's parent company $2.7...
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6 Best Performing S&P 500 Stocks Of 2016
Tuesday, December 27, 2016 - 9:13am | 1061Read More...The year 2016 has been kind to the markets despite much economic turbulence experienced globally during the year. The domestic economic growth came in at an anemic 0.8 percent in the first quarter, casting doubts on the sustainability of the economic recovery in the works. In the meantime, the...
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Tim Cook Fires Back At European Commission Over Irish Tax Discrepancy
Tuesday, August 30, 2016 - 3:07pm | 308Read More...Apple Inc. (NASDAQ: AAPL)'s battle with Ireland over taxes continues to gain steam with Tim Cook's latest comments berating the European Commission. "The European Commission has launched an effort to rewrite Apple's history in Europe, ignore Ireland's tax laws and upend the international tax system...
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EU May Hit Google With A Third Antitrust Complaint
Tuesday, June 28, 2016 - 3:28pm | 299Read More...The European Union is making moves that could result in a third antitrust complaint against Google (Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)). This time, the potential complaint is thought to be over its "lucrative advertising services," Bloomberg reported, citing three people familiar with the...
