Source: National Bureau of Statistics of China China’s inflation slowed down in January as food and energy prices weakened, giving Beijing more opportunity to bolster a slowing economy. CSI 300 Index up +0.39%, CNY USD down -0.01% The producer price index jumped 9.1% from a year earlier, down from 10.3% in December as consumer-price growth eased to 0.9%. Both measures … [Read more...] about China’s Inflation Cools in January, Providing Opportunity for Policy Easing
Best FX Networks Review
Best FX Networks offers a 100% automated process that is compatible with most brokerages. The vendor provides verified trading results and backtesting results for this FX EA. It does not use average or scalping methods for its operation. Instead, the system uses neural networks and special algorithms for identifying profitable trades. The vendor boasts of the successful bids … [Read more...] about Best FX Networks Review
Humming Bot Review: An Unbiased Crypto Bot Analysis
Humming Bot is open-source software that traders can use to build up their custom strategies. The code is written in Python and Cython and is used by 17.3k customers present in the community. We will review the algorithm service and see whether we can use it to create profitable systems in the market. First Humming Bot quick summary UpsidesDownsidesThe platform supports … [Read more...] about Humming Bot Review: An Unbiased Crypto Bot Analysis
New York Business Activity Little Changed in February as Optimism Declines
Source: New York Federal Reserve New York business activity expanded slightly in February, but optimism fell to the lowest level since the onset of the COVID-19 pandemic. NYF is down 0.23%. The General Business Conditions Index stood at 3.1, up by 3.8 points from the -0.7% recorded in January.The new orders index climbed by 6.4 points to 1.4 from -5.0, while the shipments … [Read more...] about New York Business Activity Little Changed in February as Optimism Declines
Producer Inflation Posts Monthly Acceleration, Slight Annual Deceleration in January
Source: Bureau of Labor Statistics The annual growth of producer prices posted a slight deceleration in January, but monthly inflation for the month hit the highest in a year. Producer prices grew by 9.7% versus the same month in 2021. This is slightly slower than the 9.8% recorded in both November and December 2020.Compared with the previous month, producer inflation … [Read more...] about Producer Inflation Posts Monthly Acceleration, Slight Annual Deceleration in January
