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Uncertainty and erratic moves will be the norm rather than the exception reports Saxo Bank, the online trading and investment specialist, in its economic outlook for the third quarter of 2011. The second half of 2011 will be volatile and the uncertainty almost as great as during the financial crisis.
The most probable outlook for Q3 is that the world extends monetary stimulus across the global economies. This will bring marginal higher growth but also increase the burden on fiscal payments and a need for structural changes. Any long-term solution needs to be forward looking and involve an agenda for dragging Europe out of the low growth stalemate. A solution based on buying more time will only take us closer to the feared full blown Crisis 2.0.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/50522/
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Charles-Henri Sabet, the founder of Synthesis Bank Geneva, at the time the leading Swiss online bank and the Rowland Family, British owners of Banque Havilland in Luxembourg and Monaco, have increased the capital of Jiffix Markets Ltd, making the company one of the strongest capitalized online forex companies in Cyprus.
The Board of Jiffix Markets Ltd will benefit from the arrival of Charles–Henri Sabet as Chairman of the Board, who built his reputation in online banking and from Jean-François Willems, CEO of Bank Havilland, one of the most successful private banks in Luxembourg. Their combined experience in key banking sectors will propel JFX.com to the highest level in the industry.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/jiffix-market-ltd/56564/
BlackRock, Inc. (NYSE: BLK) today announced that its iShares® Exchange Traded Funds (ETFs) business, the world’s largest manager of ETFs, has published a fact sheet on tax efficiency and created a video to drive awareness among U.S. investors about ETFs’ tax efficiency as the U.S. tax filing deadline approaches. Today, there are over 1,000 different ETFs available and iShares is emphasizing tax efficiency during the current tax season to foster understanding and to encourage investors to take a careful examination of products with tax consequences in mind.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/iShares/49669/
When it comes to investing, technical jargon, confusing trading tools and a blizzard of data can leave many investors feeling overwhelmed. In a new television advertising campaign, ING DIRECT USA’s ShareBuilder, one of the nation’s largest online brokerages, emphasizes the extremes that people will go to in decoding the complexity of investing and proposes a simpler way to invest.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/sharebuilder/48620/
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