Source: Bloomberg Mortgage rates in the United States posted a slight decline but continued to hover around 12-year highs. XHB is up 0.23%, ITB is up 1.12%. The average 30-year loan rate stood at 5.10%, slightly lower than the 5.11% recorded in the past week, according to Freddie Mac.The latest reading remains at historic highs, being the highest level recorded since … [Read more...] about US Mortgage Rates Decline, But Remain at 12-Year Highs
US Economy Contracts for First Time in Two Years
Source: Bureau of Economic Analysis The United States’ economy opened the year in a negative note, marking the first contraction since the COVID-19 pandemic hit. QQQ is up 0.49%, while SPY is up 0.24%. The real gross domestic product (GDP) contracted by 1.4% in the first quarter of 2022, following six straight quarters of expansion.The last contraction of the US economy … [Read more...] about US Economy Contracts for First Time in Two Years
US Jobless Claims Declined by 5,000 Last Week
Source: Department of Labor US jobless claims for the week that ended April 23 was 180,000, down by 5,000 from the previous week. DJI is up +0.44%, DXY is u +0.61%. On a four-week moving average, the jobless claims rose by 2,250 to 179,750.The continuing claims declined by 1,000 to 1.41 million. The claims were at the lowest since February 7, 1970.The initial claims … [Read more...] about US Jobless Claims Declined by 5,000 Last Week
Coinrule Review: An Unbiased Crypto Bot Analysis
Coinrule is a platform where people can design their robots based on presets. The presentation includes various information about the system in general. It can be available for free with a limited functionality. First Coinrule quick summary UpsidesDownsidesThe platform allows us to design and customize our own trading solutionsNo risk or money-management advice givenWe … [Read more...] about Coinrule Review: An Unbiased Crypto Bot Analysis
4C-Trading Review: An Unbiased Crypto Bot Review
4C-Trading is determined to become a world leader in crypto bot trading. The team behind it claims to be on a mission to create the best automated crypto trading platform technology ever. Therefore, you will be able to work smarter and never miss an opportunity to make profits by being on autopilot. These are bold claims, but a thorough assessment of the product’s offering will … [Read more...] about 4C-Trading Review: An Unbiased Crypto Bot Review
