Source: S&P Global The UK private sector grew at the weakest pace in fifteen months in May, with the Composite Output Index at 51.8, down from 58.2 in April. FTSE 100 is down -0.027%, GBPUSD is down -0.70%. The services sector lost momentum in May, with the level of activity also sliding down to a 15-month low. The index reading of 51.8 was below 58.9 in April.The … [Read more...] about UK Private Sector Grows at the Slowest in 15 Months as Demand Falters
Eurozone Output Cools on Geopolitical Tensions, Supply Constraints
Eurozone output growth expanded for the 15th straight month in May, albeit at a slower pace, amid headwinds linked to the ongoing conflict between Russia and Ukraine and the supply chain issues. EZU is down 0.25%, while VGK is flat premarket. Source: Markit Economics The S&P Global Eurozone PMI Composite Output Index stood at 54.9 in May, lower than the 55.8 recorded … [Read more...] about Eurozone Output Cools on Geopolitical Tensions, Supply Constraints
Waiting Night Review
Waiting Night is a night scalping system that uses an innovative approach. The robot uses price action, a proprietary indicator, and a unique position tracking mechanism for generating high returns with minimal risk. According to the developer, this is a professional advisor that works on 12 currency pairs. Detailed Forex robot review Marat Baiburin is the developer of … [Read more...] about Waiting Night Review
ECB Hints at Neutral Rates by September
Source: European Central Bank The European Central Bank is set to put a close to its negative rates, with borrowing costs likely to hit zero by the end of the third quarter, according to President Christine Lagarde. EZU is up 1.48%, while VGK is up 1.56%. Lagarde said the current outlook indicates that the ECB could be in a position to exit negative interest rates by the … [Read more...] about ECB Hints at Neutral Rates by September
Crypto Grid Trading Strategy Automation
A grid trading strategy is a popular approach to participating in the financial market. It is popular among all asset classes, including cryptocurrencies, stocks, and forex. In this article, we will look at how the grid trading approach works and how it can be automated using robots. What is a grid trading strategy? A grid trading approach involves setting multiple … [Read more...] about Crypto Grid Trading Strategy Automation
