Articles Archives

Spain unemployment hits record high

April 25, 2013 Comments Off on Spain unemployment hits record high

Spain’s unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures. The total number of unemployed people in Spain has now passed the six million figure, although the rate of the increase has slowed. The figures underline Spain’s struggle to emerge from an economic crisis which began five …

Instaling Renko chart on mt4

April 20, 2013 Comments Off on Instaling Renko chart on mt4

The word “Renko” comes from “Renga”, the Japanese word for “brick”. Renko is only concerned with price movement , time and volume aren’t included. This type of chart is very helpful for traders to identify support/resistance levels. Renko sharts don’t have any upper or lower shadows. We can change the box size in them , that means we don’t …

What are Binary Options Trading

April 17, 2013 Comments Off on What are Binary Options Trading

Binary options approved for trading on the market since 2008. There are two types of binary options , the first one is put options and the second one is call options. When you buy call options, you are betting that the price of the underlying security rises above the strike price on the option. If this happens when the …

Gold has fallen to its lowest level in two years

April 15, 2013 Comments Off on Gold has fallen to its lowest level in two years

Daily chart for Gold. Gold has fallen to its lowest level in two years, on weak Chinese economic data, and receding fears about the chance of higher inflation in the US. The price of the precious metal was down 9.2% to $1,395 an ounce. The weaker than expected growth in China’s economy also sparked a wider fall in commodity …

greek-pm-says-deposits-are-safe-banks-shielded

April 13, 2013 Comments Off on greek-pm-says-deposits-are-safe-banks-shielded

Greek bank deposits are safe and the country’s lenders are protected due to a recapitalization scheme which will be completed by the end of April, Prime Minister Antonis Samaras said on Saturday. In an interview with Imerisia, Samaras ruled out a tax on deposits over 100,000 euros ($131,000) allaying fears of austerity-hit Greeks that their savings may be at …

Cyprus is edging towards euro exit

April 9, 2013 Comments Off on Cyprus is edging towards euro exit

Cyprus is no longer centre stage. Nicosia has agreed a 10 billion euro bailout deal with its euro zone partners and the International Monetary Fund. A visible bank run has been averted by stringent capital controls. International markets, which only ever suffered a mild bout of jitters, have calmed down. But it would be foolish to forget about Cyprus. …