Source: IHS Markit Eurozone growth grew to a five-month high in February, with average prices reaching historic highs during the month. EZU was down 0.41%, and VGK down 0.79% after hours. The Eurozone PMI Composite Index clocked in at 55.8 in February, following 52.3 in January. The 3.5-point increase is the biggest monthly gain since March 2021.The rebound comes after … [Read more...] about Eurozone Growth Climbs to Five-Month High as Prices Reach All-Time Highs
Trade Santa Review: An Unbiased Crypto Bot Analysis
Trade Santa features demo crypto trading and has support available for futures and spot markets. The platform allows traders to create their custom crypto trading algorithms that can connect with multiple exchanges and trade automatically. To see if the service is trustworthy, we will note all the pros and cons in our article and detail them neatly. First Trade … [Read more...] about Trade Santa Review: An Unbiased Crypto Bot Analysis
UK Private Sector Growth Accelerates to the Highest in 8 Months in February
(HIS Markit) The UK recorded a Composite Output Index of 60.2 in February, the highest in eight months, as activity earned boosts from looser Covid-19 restrictions. The services sector got the most boost in February, with the activity index climbing to an eight-month high of 60.8, from 54.1 the previous month. The Manufacturing Output Index reached a seven-month high of … [Read more...] about UK Private Sector Growth Accelerates to the Highest in 8 Months in February
Best ADX Strategies for FX and Crypto Trades
Regardless of which financial asset you’re trading, it is always wise to open positions in line with a major, sustained trend. To that end, there are several trend-following indicators that have been invented to date. However, most of these will only point out the direction of market movements and hardly do they ever gauge the strength behind such moves. The ADX, however, has a … [Read more...] about Best ADX Strategies for FX and Crypto Trades
Consumer Confidence in the Euro Area Falls by 0.3 Points in February
Source: European Commission Consumer confidence in the euro area posted another decline in February, with the gauge down by 0.3 points to -8.8 points. DAX is down -1.21%, EURUSD is down -0.23%. In the EU, the consumer confidence edged lower by 0.2 points to -10.2 points in February.The fall in consumer confidence happened amid a 1.4 points decline in the Economic … [Read more...] about Consumer Confidence in the Euro Area Falls by 0.3 Points in February
