The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

01.08.2016 - Manufacturing activity declined in the UK

Macroeconomic statistics in the UK remains negative due to the impact of the results of the referendum on the country's exit from the European Union. Thus, the index of manufacturing activity fell in July to its lowest level since 2013 and totaled 48.2 against 52.4 in June. The median forecast was at 49.1. The reduction was observed in all directions. Domestic demand declined, but export orders increased by the weakening of the British pound. We expect the decline in the British currency quotations in the near future with a target at 1.3000 in the medium term, downside will be 1.2600 and 1.2200.

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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