After a decade long dispute, Iran and world powers reached a historic deal early Tuesday for Tehran to curb its nuclear program in exchange for the easing of economic sanctions.

Tehran has been negotiating with the U.S., Britain, France, Germany, Russia and China for years, after extending deadline after deadline in hopes of arriving at a workable plan.

President Barack Obama said the deal ensures that "Iran's pathway to a nuclear weapon" has been cut off.

"Today… we have stopped the spread of nuclear weapons in this region," he said in an early-morning televised statement.

His remarks appeared aimed at reassuring close U.S. allies like Israel and Saudi Arabia, who have vehemently opposed a deal and insisted Iran cannot be trusted with a nuclear program of any kind.

Obama said that if Iran violates the terms of the agreement, sanctions will be snapped back into place.

The deal is "not built on trust," he explained. "It is built on verification."

The U.S. president spoke after Iran's Foreign Minister Javad Zarif called the agreement a "historic moment" and a "win-win solution" with the potential to usher in a "new chapter of hope" in relations.

"We are reaching an agreement that is not perfect for anybody but it is what we could accomplish and it is an important achievement for all of us," he said early Tuesday. "Today could have been the end of hope on this issue but now we are starting a new chapter of hope."

"It's not only a deal," Federica Mogherini said at a press conference formally announcing the accord. "It's a good deal."

The comprehensive agreement — which runs more than 80 pages — was clinched after marathon overnight negotiations in Vienna.

It involves limiting Iran's nuclear production for 10 years and Tehran's access to nuclear fuel and equipment for 15 years in return for hundreds of millions of dollars in sanctions relief. However, the sanctions would not be lifted until Iran proves to the International Atomic Energy Agency that it has met its obligations under the terms of the deal.

The agreement includes the provision of a "snap back" mechanism that could lead to the reinstatement of sanctions within 65 days if Iran violates the terms of the deal, according to officials.

The head of the International Atomic Energy Agency confirmed Iran also has signed a roadmap with his organization to clarify outstanding issues.

"This is a significant step forward," Yukiya Amano told reporters.

United Nations Secretary General Ban Ki-moon said the agreement was a testament to "the value of dialogue."

"I hope — and indeed believe — that this agreement will lead to greater mutual understanding and cooperation on the many serious security challenges in the Middle East," he said in a statement. "As such it could serve as a vital contribution to peace and stability both in the region and beyond."

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after all-night talks at an emergency summit.

However, the terms imposed by international lenders led by Germany may put more pressure on leftist Prime Minister Alexis Tsipras, fracture the government and cause an outcry in Greece.

If the summit had failed, Greece would have been staring into an economic abyss with its shuttered banks on the brink of collapse and the prospect of having to print a parallel currency and in time, exit the European monetary union.

"The agreement was laborious, but it has been concluded. There is no Grexit," European Commission President Jean-Claude Juncker told a news conference after 17 hours of bargaining.

He dismissed suggestions that Tsipras had been humiliated by accepting far-reaching, German-inspired terms he long promised to resist.

"In this compromise, there are no winners and no losers," Juncker said. "I don't think the Greek people have been humiliated, nor that the other Europeans have lost face. It is a typical European arrangement."

Tsipras himself, elected five months ago to end five years of suffocating austerity, insisted he and his team "fought a tough battle" but had to make difficult decisions.

Instead, he won conditional agreement to receive a possible 86 billion euros ($95.29 billion) over three years, along with an assurance that euro zone finance ministers would start within hours discussing ways to bridge a funding gap for Greece until a bailout - subject to parliamentary approvals - is finally ready.

German Chancellor Angela Merkel said she could recommend "with full confidence" that the Bundestag authorise the opening of loan negotiations with Athens once the Greek parliament has approved the entire programme and enacted the first laws.

Asked whether the tough conditions imposed on a desperate Greece were not similar to the 1919 Versailles treaty that forced crushing reparations on a defeated Germany after World War One, she said: "I won't take part in historical comparisons, especially when I didn't make them myself."

EU officials said Tsipras finally accepted a compromise on German-led demands for the sequestration of Greek state assets worth 50 billion euros - including recapitalised banks - in a trust fund beyond government reach, to be sold off primarily to pay down debt. In a gesture to Greece, some 12.5 billion euros of the proceeds would go to investment in Greece, Merkel said.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

China stocks may be on the rebound after a tough few weeks.  

The benchmark Shanghai Composite increased 4.5% on Friday, while the smaller Shenzhen Composite added more than 4%.

The performance builds on gains made Thursday, when markets rallied after regulators announced new measures designed to stop the market's slide.

Since June 12, the Shanghai Composite has lost roughly 30%. The Shenzhen market, which has more tech companies and is often compared to America's Nasdaq index, is down nearly 40% over the same period.

Roughly half of the companies traded in China have elected to pull their shares as markets continue their crazy roller-coaster ride. That wouldn't be allowed in the U.S., but it's permitted in China.

The government is doing everything it can to rescue the markets. The People's Bank of China has cut interest rates to a record low, brokerages have committed to buy billions worth of stocks, and regulators have announced a de-facto suspension of new IPOs.

The government-backed China's Securities Finance Corporation -- known as CSF -- is lending billions to big Chinese brokerage firms so they can buy more stocks. Controlling shareholders and board members have been barred from reducing share holdings via the secondary market for six months.

Over the past year, investors poured more and more into Chinese markets. Retail investors -- think mom and pop, average folks -- were the most enthusiastic. A classic bubble developed.

The most compelling theory why the bubble burst: Chinese economic growth is the weakest it's been since 2009. Share prices got way ahead of growth and company profits, which are actually lower than a year ago.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

The Greek government has requested a third international bailout to help pay its debts, and prevent economic collapse and ejection from the euro.

The European Stability Mechanism, which acts as Europe's financial rescue fund, confirmed Wednesday that Greece has applied for a new bailout package.

Greece has already received two massive bailouts worth roughly 240 billion euros ($265 billion), but needs more. The latest bailout program ended last week. Greece then missed a big debt payment to the International Monetary Fund, becoming the first developed economy to default to the fund.

The Greek government has asked for the new rescue package to run for three years and promised to introduce fresh economic reforms in exchange for the money. It also hinted that it would like some form of debt relief from earlier bailouts.

The European Union is expected to decide Sunday whether to grant another bailout program, once it receives more details about Greece's economic plans.

The IMF recently estimated Greece will need at least 50 billion euros ($55 billion). But analysts say the figure will be much higher since the IMF analysis was conducted before Greek banks were forced to shut down, wreaking even more havoc on the economy.

Years of overspending and mismanagement have left the Greek economy in a deep crisis. The government has essentially run out of money, banks have been closed for over a week, and cash withdrawals have been capped for individuals and businesses. Regular people have even stopped driving because they want to conserve any cash they have.

Experts say Greece could soon be forced to print its own currency and ditch the euro if leaders can't agree on a new rescue package.

Finally, a 'Grexit' would be unprecedented in the history of the EU, since members join with the expectation that they will never leave.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Trading was halted at the New York Stock Exchange on Wednesday morning.

The latest from the NYSE is that all symbols are not trading. "Additional information will follow as soon as possible," the NYSE's website says.

According to CNBC, the halt started at 11:32 a.m. ET and was triggered by "technical issues."

Latest signals got sent before this unexpected halt, due to that - results of evening trade may vary. 

We do not recommend to trade as long as the market is in pause.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Stocks in China are on free fall right now, and things are not looking good.

Markets across Asia followed China’s key share indexes into the red today despite further efforts from Beijing to stave off the relentless fall in Chinese share prices.

A short time ago the benchmark Shanghai Composite was down more than 5% for the day, having fallen as much as 7%, while the SSE 50 index of the top 50 stocks on the bourse was down more than 7%. The CSI 300 of the largest listed firms on the Shanghai and Shenzhen exchanges was down 7%.

Authorities admitted panic selling had taken hold among Chinese investors.

A China Securities Regulatory Commission spokesman said markets were “full of panic emotion and the number of irrational selling has been increasing”, according to a report in the South China Morning Post.

One-third of the value of Chinese stocks has now been wiped off in three weeks.

The declines come despite a raft of measures from Chinese policymakers in recent weeks designed to boost stock prices. Interest rates have been cut, rules augmented to discourage selling while brokers, asset managers and Chinese insurers have all outlined plans to increase their exposure to the stocks.

More than 1000 listed Chinese companies have temporarily suspended trade on Wednesday in an attempt to avoid the market carnage. While they have escaped the declines for the moment, those firms that are still trading are feeling the full brunt of selling pressure.

The carnage in China is now spreading to other markets across the region. The Hang Seng in Hong Kong has slumped more than 4% while the Nikkei 225 in Japan and ASX 200 in Australia are off by more than 1.1%.

People's Bank of China is saying that it will support market stability by providing liquidity. 

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Between Apple and Xiaomi, the world’s largest smartphone manufacturer is feeling the squeeze.

Samsung will profit less for the 7th consecutive quarter, and it looks like they are heading in the wrong direction.

It was Samsung’s seventh consecutive decline. And although the company didn’t break down the results by division, analysts were quick to put the blame on Samsung’s flagship smartphone series, the Galaxy S6.

Part of the problem was logistical. Samsung released two versions of the device, one with a flat screen and one with a screen that curved on the edges. The regular S6 didn’t sell as well as expected, and the S6 Edge proved hard to manufacture. Samsung couldn’t keep up with demand.

“The failure to manage the initial shipment for the Galaxy S6 series is the primary reason” for disappointing sales, Lee Ka-keun, an analyst at KB Securities, told the AP. Samsung is bringing on a third plant to boost production.

There’s a bigger problem, however, that is not so easily solved.

Samsung competes in two different handset markets: Low-end and high-end.

On the low end, it’s getting undercut by a gang of Chinese manufacturers—led by Xiaomi—that can thrive on profit margins even thinner than Samsung’s.

On the high end, where it competes with the iPhone, Samsung lost a key marketing advantage when Apple introduced a pair of iPhones with screens as big as Samsung’s. Sales of the iPhone 6 and 6 Plus are holding up better than expected, winning back some of the market share Apple lost to earlier Galaxy models.

Samsung Securities last month lowered S6 shipment estimate to 45 million units this year from 50 million previously. Full results for the second quarter are due later this month.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Greece has voted by a big margin against Europe's latest bailout offer, raising the prospect that the country could now suffer a worse economic disaster and lose its place in the euro.

More than 60% heeded left-wing Prime Minister Alexis Tsipras' call to vote "no." He hopes to force Europe to hand over more money with less austerity attached, and cancel some of Greece's enormous debt.

Thousands of Greeks celebrated in the streets of Athens after the vote on Sunday. But the result sets Greece on an uncertain path that could force it to abandon the euro and print its own currency -- with huge damage to the economy.

Greece urgently needs cash to reopen its banks, which have been shut for a week, and for pensions and wages.

Yanis Varoufakis, the outspoken Greek finance minister, said the vote was a "majestic, big YES to a democratic Europe, and a NO to the dystopic vision of a Eurozone that functions like an iron cage for its peoples."

But despite of the vote going his way, Yanis Varoufakis, Greece's embattled finance minister, has resigned his post, saying the move could help Prime Minister Alexis Tsipras reach an agreement with creditors.

"I was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my ... 'absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement," Varoufakis wrote in a blog post early Monday.

"For this reason I am leaving the Ministry of Finance today," he continued. "I shall wear the creditors' loathing with pride."

During his time in government, Varoufakis refused to adopt the mannerisms of a conventional European politician. Instead, he dressed informally and loudly. He frequently appeared in media, launching biting rhetorical attacks against rival negotiators and governments.

While it may have appealed to populists, critics said his style failed to win many fans in the negotiating room.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

Greece is divided right down the middle heading into Sunday’s referendum on European bailout proposals, portending even more upheaval for the stricken nation.

A poll commissioned by Bloomberg News showed 43 percent intend to vote “no” to reject the austerity demanded by creditors in exchange for financial aid; 42.5 percent back a “yes” to accept the conditions, the survey of 1,042 people by the University Of Macedonia Research Institute Of Applied Social and Economic Studies showed. The margin of error was 3 percent.

The survey suggests that the plebiscite may not resolve anything as the nation’s economic and political crises deepen. While the poll showed more than four in five Greeks want to stay in the euro, the nation’s crippled banks and Premier Alexis Tsipras’s isolation from other European leaders have thrown into doubt the country’s future in the currency union.

“This referendum had divided Greek society among two groups who have a different understanding of the question at hand,” Nikos Marantzidis, the pollster and a professor of political science at the university, said in an e-mail. There are supporters, “those who really think that the future of the country is outside the euro area and even the EU, and those who consider the referendum to be a negotiating tactic.”

Tsipras called the snap vote unexpectedly last weekend as talks with creditors broke down. He argues that Greeks can reject their proposals and still remain in the euro, winning better terms for its debt in the process — a claim disputed by almost everyone else.

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

As in every first Friday of the month, today there's the NFP announcement.

What is it? It checks the change in the number of employed people during the previous month, excluding the farming industry.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? July 2th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise. 

Don't miss the chance to maximize your results, talk to one of our representetvies now!

Ask us about our FREE financial advice program: 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook: