Source: Bureau of Labor Statistics Inflation in the United States posted a deceleration in April, as energy prices grew at a slower pace during the month. QQQ is up 0.22%, while SPY is up 0.69%. Annual inflation clocked in at 8.3%, slower than the historic high of 8.5% recorded in the previous month.Energy prices continued to record the steepest increase with 30.3%, but … [Read more...] about US Inflation Cools to 8.3%
US Home Loan Rates Climb to Fresh Decade-High
Source: Mortgage Bankers Association Average interest home loan rates in the United States climbed in the past week, hitting the highest level in over a decade. XHB is down 0.40%, while ITB is down 1.83% premarket. The average 30-year fixed-rate mortgage rate jumped to 5.53% in the week ending May 6, up from 5.36% the previous week.The latest increase brings the rate up … [Read more...] about US Home Loan Rates Climb to Fresh Decade-High
German Inflation Hits Record-High for Second Straight Month
Source: Destatis German inflation continued to accelerate in April as energy prices surged, carving a fresh record high for the second straight month. EWG is up 0.32% premarket, while DAX is up 1.79%. Consumer prices posted an annual increase of 7.4%, marking another all-time high after March. Monthly inflation stood at 0.8%.Energy prices climbed by 35.5%, following the … [Read more...] about German Inflation Hits Record-High for Second Straight Month
RevenueBot Review: An Unbiased Crypto Bot Analysis
RevenueBot trades cryptocurrencies on its cloud-based trading platform and allows traders to sell their systems in the marketplace. The variety of algorithms available on the interface is customizable and can be backtested for up to 60 days. The website follows a profit-sharing mechanism where the costs are only incurred when the account goes in the plus. To understand more … [Read more...] about RevenueBot Review: An Unbiased Crypto Bot Analysis
Best 5 Social Networks for Cryptocurrency Traders
Overview The impact of social networks in our daily lives is undeniable. According to various reports, more than half of the world’s population use at least one social media platform. Cryptocurrencies have the closest relationship to such networks, as the entire industry constantly thrives or declines based on interactions from websites such as Reddit and … [Read more...] about Best 5 Social Networks for Cryptocurrency Traders
