Tag: Technical

Dukascopy Fundamental Analysis EUR European shares opened higher after Christmas holidays, though trading volumes are predicted to be relatively low. Stoxx 600 gained 0.2% at 242.41, whereas France’s CAC 40 added 0.5%…

Dukascopy Fundamental Analysis EUR “We have got an informal signal from Standard & Poor’s that they [European ratings] will come only in January” – Anonymous government source Standard & Poor’s is expected to…

Dukascopy Fundamental Analysis EUR “The move [by the ECB] in itself will not lead to any improvement in [banks’] credit ratings” – Scott Bugie, S&P’s Managing Director S&P top official warned Friday that…

Dukascopy Fundamental Analysis EUR France’s economy expanded by 0.3% in Q3 as compared to 0.4% previously estimated. The disposable income also decelerated, reported France’s Insee statistics. Moreover, the country’s credit rating was…

Dukascopy Fundamental Analysis EUR “The austerity package will be sufficient to bring [Italy’s] deficit-to-GDP ratio down to zero” – Chiara Corsa and Loredana Federico, economists at UniCredit SpA Italy’s senate passed a vote…

Dukascopy Fundamental Analysis EUR “The [Credit Agricole SA] losses are enormous” – Jacques-Pascal Porta, fund manager at Ofi Gestion Privee Credit Agricole SA, France’s second largest bank by assets, will make losses…

Dukascopy Fundamental Analysis EUR The pace of economic expansion of Germany is expected to decrease to 0.4% next year due to weak world’s economy and debt crisis in the euro-zone, reported Ifo…

Dukascopy Fundamental Analysis EUR “Then, early March at the latest, this fiscal compact treaty will be signed” – Van Rompuy, European Council President All European Union member countries apart from Britain will sign…