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EUR/USD Forecast Sep. 25-29 2017

September 22, 2017 Yohay Elam 0

EUR/USD dropped to lower ground, but gradually recovered, holding onto known ranges. The German elections provide a strong start to the week, which continues with inflation figures and other data. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Economic sentiment remained upbeat in Germany ahead of the elections: […]

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OPEC Talks End Without Recommendation On Output Cut Extension

September 22, 2017 Tsvetana Paraskova 0

The OPEC/non-OPEC joint panel on monitoring the cuts, which is meeting in Vienna today, has concluded talks without any recommendation for the broader group on whether it will extend the production cuts beyond March next year, one OPEC delegate told Bloomberg at the end of the meeting. The monitoring committee, which consists of OPEC’s Kuwait, Venezuela, and Algeria, as well as non-OPEC Russia and Oman, was also expected to discuss a proposal to consider informal monitoring of crude oil exports, in addition to supervising compliance to production…

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Goldman Turns Bullish On European Oil Majors

September 22, 2017 Tsvetana Paraskova 0

Goldman Sachs has raised its earnings per share (EPS) estimates for the European oil majors’ third-quarter results, and believes that the stocks will start reversing their underwhelming year-to-date performance when companies report higher Q3 cash flows from a year earlier, thanks to higher oil prices and increased production. The weak dollar against the euro and the reduction of the oil price estimates since the beginning of this year had prompted oil analysts to reduce their earnings estimates on Europe’s Big Oil by 24 percent. “Both…

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Blockchain and e-governance: from Estonia to BITNATION

September 22, 2017 Tim Alper 0

Blockchain technology has found plenty of advocates in the world of finance, banking and trade. But, it’s in the unlikely field of democracy where it may soon be making its presence felt most acutely.

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