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

26.09.2014 - Consumer confidence in Germany decreased

Today have been published data on the index of consumer confidence in Germany. It is expected that the rate in October will worsen to 8.3 compared to 8.6 in September. The main reason for the reduction of the indicator is geopolitical crisis associated with the tense situation in the regions of the world such as the Middle East, Libya and Ukraine. It is worth noting the weakness of economic growth in the euro area as a whole. Despite this, unemployment in Germany is near historic lows, personal incomes and company’s profits grow and the cost of borrowing is at historic lows. We predict a decrease of the German stock index in the medium term due to the weakness of the euro area economy and a slowdown in the growth of industry in China.

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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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