PBoC Expands Liquidity to Shore up Growth

PBoC Expands Liquidity to Shore up Growth

Chinese authorities are figuring out that the rout in growth is a persistent force driving the rates of GDP growth lower so their reliance on fiscal stimulus wont be enough even as the financial imbalances accumulate. The first step was to tighten liquidity in order to create a more sound financial system, but now as… Read more

DAX Rises on German Jobless-rate

European stocks rallied after German data shown unemployment staying at the lowest level since the reunifications. DAX Index, the benchmark of German economy increased after the federal statistics office announced the numbers. Other European equities followed. In a good news is bad news world we live, this may be seen as a delay in ECB… Read more

EZTrader Stripped of its CySEC Authorization

Some time after Fair Binary Options started to warn traders about dangers lurking when signing up with EZTrader binary options broker. This is another confirmation of our unparalleled commitment to promotion fairness in binary options industry. Only higher standards in customer treatment are allowed and scammers are called out for what they are! While CySEC… Read more

Zigzag for eurgbp – put options wanted

  A zigzag pattern is a corrective wave that should not retrace the b wave more than 61.8% when compared with the previous wave a and it should have a 5-3-5 structure. This means an impulsive move should be followed by a corrective wave and this corrective wave should not go much into the territory… Read more

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