Source: Bureau of Labor Statistics Inflation surged to 8.5% in March, hitting the highest level in over four decades. QQQ is up 1.33%, while SPY is up 0.85%. The Consumer Price Index for All Urban Consumers clocked in at 8.5%, the highest since December 1981.The acceleration was mainly due to energy prices which surged by 32.0%. Energy commodities soared by 48.3%, … [Read more...] about US Inflation Quickens to Four-Decade High of 8.5%
German Economic Sentiment Falls Further to -41.0
Source: ZEW German economic sentiment declined further in April, as experts assume that economic conditions are expected to deteriorate moving forward. EWG is up 0.44%, while DAX is down 1.82% premarket. The ZEW Indicator of Economic Sentiment for Germany dropped 1.7 points to -41.0 points.The assessment of the economic situation also declined by 9.4 points to -30.8, the … [Read more...] about German Economic Sentiment Falls Further to -41.0
UK Employment Unchanged at 75.5%
Source: Office for National Statistics The United Kingdom’s employment rate was unchanged in the December to February period while unemployment eased. EWU is down 0.12%, while EZU is up 0.19% premarket. The UK employment rate was largely unchanged at 75.5% during the quarter but remained below levels seen prior to the COVID-19 pandemic.The number of full-time employees … [Read more...] about UK Employment Unchanged at 75.5%
All About the Majors: The Most Traded Currency Forex Pairs
It may be strange to think of the Forex market as some popularity contest, and to some extent, it is. Everyone is looking to see where the most action is to make the largest amount of money with the least risk. Despite there existing hundreds of forex pairs, some are more popular than others; these are essentially the major pairs. Of course, market popularity is only one … [Read more...] about All About the Majors: The Most Traded Currency Forex Pairs
NapBots Review: An Unbiased Crypto Bot Analysis
NapBots allows you to profit from the crypto market conditions without the hassles associated with trading on your own. The bots use strategies that are suitable for different investment levels and styles. Besides bots, the service also provides indexes that offer an easy way to invest in digital assets. Professional investors can make use of the portfolio manager feature that … [Read more...] about NapBots Review: An Unbiased Crypto Bot Analysis
