Source: National Bureau of Statistics of China China’s Q1 GDP rose faster than anticipated despite the impact of Covid-19 lockdowns in some cities in March. CSI 300 Index down -0.53%, CNY USD up +0.09% First-quarter GDP jumped by 4.8%, surpassing expectations of 4.4%, rising from a prior year.Fixed asset investment for Q1 jumped by 9.3% from a year ago, surpassing … [Read more...] about China’s First-Quarter GDP Beats Forecast, Growing 4.8% Year-on-Year
TWAP Bot Review: An Unbiased Crypto Bot Analysis
TWAP Bot is a trading solution that was designed to help people with automatic trading on a crypto market. The site includes various robots but all of them have short explanations without trading results provided. First TWAP Bot quick summary UpsidesDownsidesWe can work with it for freeNo team revealed We can work with only this exchange with this systemWe have … [Read more...] about TWAP Bot Review: An Unbiased Crypto Bot Analysis
US Industrial Production Rises by 0.9%, the Third Straight Month of Increases
Source: Federal Reserve Industrial production in the US increased by 0.9% in March, the third straight month of advances, but slower than 1.2% in February. SPY is down -1.25%, DXY is up +0.18%. Following the February gains, the industrial output maintained an 8.1% elevation in the first quarter compared to the prior year. The index was 5.5% above the prior-year level.The … [Read more...] about US Industrial Production Rises by 0.9%, the Third Straight Month of Increases
New York Manufacturing Picks up After Three Months of Sluggishness
Source: New York Fed Business activity in New York surged in April to return to positive levels, following three straight months of sluggishness. NYF is down 0.26%, while QQQ is down 0.15% premarket. The general business conditions index stood at 24.6 points, up by 36.4 points from the -11.8 points in March.Some 40% of survey respondents said conditions have improved … [Read more...] about New York Manufacturing Picks up After Three Months of Sluggishness
All About the Minors: The Second-Most Traded Currency Forex Pairs
Overview We live in a world of opposites: big and small, long and short, thin and thick, major and minor. The latter relationship applies pertinently to trading currencies. Because of the sheer size of this market, it makes sense to break things down into categories. After major pairs, the minor or cross pairs are the second-most traded bunch of forex instruments. The … [Read more...] about All About the Minors: The Second-Most Traded Currency Forex Pairs
