Source: National Bureau of Statistics of China China’s factory-gate prices increased at a slower pace than initially anticipated in December after government measures to control high prices of raw materials. CSI 300 up +1.00%, CNY USD up +0.15% Consumer price inflation also eased last month as food prices dropped.The producer price index (PPI) rose 10.3% from a year … [Read more...] about China’s Factory Prices Rose More Slowly Than Anticipated in December
UK Productivity Slips as Furlough Eases
Source: Office for National Statistics Productivity in the United Kingdom fell in the third quarter, marking the lowest level for the year as the government’s furlough program narrowed during the period. Output per hour worked declined by 1.4% quarter-on-quarter to 101.1 in the third quarter, hitting the lowest level in 2020. This is 1.1% higher than the 2019 average.The … [Read more...] about UK Productivity Slips as Furlough Eases
Goldman Strategists Encourage Market Players to Take Advantage of Dip in Stocks
Source: Bloomberg Market players should take advantage of the dip in equities and continue to accumulate holdings, according to Goldman Sachs strategists to UBS Global Wealth Management. Strategists led by Cecilia Mariotti believe the selloff in stocks in a number of firms may be overdone soon, with yields unlikely to move higher.Valuations are not expected to become a … [Read more...] about Goldman Strategists Encourage Market Players to Take Advantage of Dip in Stocks
Price Action Review
Price Action claims to save time and money for traders who are looking to become profitable in the market. The company offers signals, algo trading on multiple instruments, and educates beginners. There are various packages and programs available on the website that we will review to see if they can be beneficial for retail traders. Detailed forex signals service … [Read more...] about Price Action Review
Best Forex Portfolio in 2022
The old adage advises us never to put all our eggs in one basket. This is sound advice, especially for investors, as investing all your capital in one vehicle can prove detrimental when the said vehicle goes south. For that reason, it is always advisable to dip your fingers in several pots, in what is referred to as diversifying your portfolio. For forex traders, this may look … [Read more...] about Best Forex Portfolio in 2022
