Source: The Conference Board Consumer confidence in the United States retreated in May, dragged by weaker labor market conditions reported during the month. QQQ is down 0.63%, while SPY is down 0.85%. The Consumer Confidence Index stood at 106.4 in May, lower than the 108.6 in the previous month.The Present Situation Index fell to 149.6 from 152.9, while the Expectations … [Read more...] about US Consumer Confidence Slips as Perceived Labor Conditions Weaken
US Home Price Growth Accelerates to 20.6% in March
Source: S&P Global Home prices in the United States grew at a faster pace in March, in line with the higher interest rates recorded during the period. XHB is down 1.65%, while ITB is down 1.35%. The S&P CoreLogic Case-Shiller, US National Home Price NSA Index, posted annual growth of 20.6% in March, faster than 20.0% in February. The trend was also seen in … [Read more...] about US Home Price Growth Accelerates to 20.6% in March
Thorex Review
Thorex is a Forex trading robot that can be found on the MQL5 market. The presentation includes explanations about how the system functions, its list of features, and what we have to expect from it. So, it’s the right time to check everything out. Detailed Forex robot review We have various details explained about how the system functions and what features it has on the … [Read more...] about Thorex Review
UK Mortgage Net Borrowing Slips in April
Source: Bank of England Mortgage net borrowing in the United Kingdom declined in April, in line with the decline in approvals during the month. EWU is up 0.06%, while IUKP is down 0.56%. Net borrowing of mortgage debt stood at £4.1 billion, lower than the £6.4 billion recorded in the previous month.Mortgage approvals for the month fell to 66,000 from 69,500 in March, … [Read more...] about UK Mortgage Net Borrowing Slips in April
Eurozone Inflation Seen to Hit Fresh Record 8.1% in May
Source: Eurostat Annual inflation in the eurozone is expected to have climbed to a fresh record-high this month, mainly driven by the surge in energy prices during the month. EZU is down 0.38%, while VGK is up 0.05%. Annual inflation for the month is projected to clock in at 8.1%, faster than the 7.4% in April and 2.0% in May 2021.The biggest increase was in energy prices … [Read more...] about Eurozone Inflation Seen to Hit Fresh Record 8.1% in May
