With the European markets closing higher for days, this year is already offering a great amount of excitement to investors all around the world. Based on the latest reports from top European broker TradeFW.com, after the widely-controversial Brexit vote defeat, Italy’s UniCredit stock gained around 6 percent on the news and it seems determined to remain one of Eurozone’s stock market best performers.
UniCredit – Overview
UniCredit is an Italian global banking and financial services company which was founded in 1998, after the merge of the Unicredito Italiano Group banks. It operates through the following segments:
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TERMS AND CONDITIONS
These are the basic terms and condition for receiving the promotion:
LQDFX BASIC TRADING FEATURES
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Bank of International Settlements Forex Report (2016)
The BIS (Bank of International Settlements) triennial survey is considered the most comprehensive report in the Foreign Exchange Market.
BIS Report / Summary of Findings (compared to three years ago)
-The total Forex market volume is slightly diminishing due to regulatory tightening ($5.1 from $5.4 trillion a day)
-The US Dollar maintains and strengthens its dominant position, the Euro, on the other hand, is falling but maintains the second position
-China's Yan market share is rising fast and already reached 4.0% (doubled since three years ago)
-The Forex market's activity became even more concentrated (77%) in the major five (5) world financial centers
-London's role as the global financial center is diminishing, but still, maintains the dominant market share
-The three major Asian financial centers (Tokyo, Hong-Kong, and Singapore) are rising fast in terms of volumes and market shares