Daily Archives: 28/07/2016

Deutsche Bank reports Q2 2016 pre-tax profit down 67%

July 28th, 2016 (0)
Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments – 20% lower revenues year-on-year reflecting challenging environment and strategic decisions Revenues, excluding NCOU and Hua Xia Bank, ...

National Association of Forex Dealers accepts XTRADE

July 28th, 2016 (0)
The Board of Directors of the National Association of forex dealers (NAFD, the former name – CRFIN) in Russia has issued an announcement to inform that it decided to accept XTRADE Group operating under the brand XTRADE, in the ...

Turkey’s tourist numbers drop 40 per cent on terrorist attacks

July 28th, 2016 (0)
The number of foreign visitors heading to Turkey plummeted in June as sun-seekers shunned the troubled country amid terrorist attacks and political instability. In total, 2.4m tourists visited Turkey in June, down 41 per cent on the same month ...

How Pokemon Go could affect your money

July 28th, 2016 (1)
If you’re unfamiliar with the Pokemon franchise, it’s widely regarded as one of the biggest video game franchises, a series worth billions that is the brainchild of designer Satoshi Tajiri and concept artist Ken Sugimori. Tajiri’s company, Game Freak, ...

Cyprus approves tax breaks to boost the start-up sector

July 28th, 2016 (0)
The government has approved a package of tax incentives to boost the start-up sector and innovation in Cyprus, undersecretary to the president Constantinos Petrides announced on Wednesday. The package includes an up to 50 per cent tax exemption on ...

Turkey revokes the licence of a director at one of the country’s largest brokerage firms

July 28th, 2016 (0)
Turkey’s financial regulator has cancelled the licence of a research director at one of the country’s largest brokerage firms after his report on the failed July 15 coup. In a bulletin on its website, the Capital Markets Board (CMB) said the ...

The potential economic impact of Brexit for London, the UK and Europe

July 28th, 2016 (0)
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...

Court froze $11.7 million of Facebook funds because of a legal case

July 28th, 2016 (0)
The public federal prosecutor in the Brazilian state of Amazonas said on Wednesday the court there froze 38 million reais ($11.7 million) of funds held in Facebook Inc’s account for failing to comply with a court order to supply ...

Elliott Wave Analysis On USD Index And S&P500

July 28th, 2016 (0)
USD Index USD index is trading at new highs, so we are wondering if latest development is going to be one-two, one-two bullish scenario. Notice that leg up from 95.81 is quite sharp so wave three can be considered ...

Oil scrambles off April lows but oversupply still weighs

July 28th, 2016 (0)
Oil prices steadied just above three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil LCOc1 was down 10 cents at $43.37 by 0750 GMT (03:50 a.m. ...
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