Source: Federal Reserve Officials of the Federal Reserve expect three quarter-point increases in the benchmark federal funds rate in 2022, along with doubling the reduction of its bond-buying program. Officials of the Fed predict three quarter-point hikes will be appropriate in 2022, following the retention of borrowing costs near zero in over a year since March 2020.The … [Read more...] about Fed Expects Three Quarter-Point Increases in 2022, More to Come in Following Years
Eurozone Records Surplus in International Trade in Goods of €3.6B in October
Source: Eurostat The eurozone posted a €3.6 billion surplus in trade in goods with other parts of the world in October 2021 compared with a surplus of €29.8 billion reported in the same period last year. Euro Stoxx 50 up +1.88%, EUR USD +0.46% The eurozone exports of goods to other parts of the world in October increased by 7.3% to € 214.0 billion from €199.4 billion in … [Read more...] about Eurozone Records Surplus in International Trade in Goods of €3.6B in October
Turkish Lira Plunges to Another Record Low After Central Bank Slashes Rate
Source: Bloomberg. The Turkish lira sinks to another record low level after the central bank downgraded interest rates for a fourth consecutive month, a move that risks undermining currency stability and increasing inflation. TRY USD down -3.87% The lira dropped over 5% against the dollar after the decision, taking its loss after an easing cycle started off in September … [Read more...] about Turkish Lira Plunges to Another Record Low After Central Bank Slashes Rate
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Breakthrough Strategy is an expert advisor that looks for the market to catch a breakout moment. The presentation includes trading results on a low-deposited real account. Detailed Breakthrough Strategy robot review There were just several lines written about how the system will work for us and what we have to expect from it. The robot helps people with execution … [Read more...] about Breakthrough Strategy Review
US Crude Inventories Slip to 428.3 Million Barrels
Source: Energy Industry Association American commercial crude oil inventories fell in the previous week, as both inputs and imports posted declines during the period. US commercial crude oil inventories stood at 428.3 million barrels, down by 4.6 million barrels from the previous week. This is 7% below the five-year average.Declines were seen in the total inventories of … [Read more...] about US Crude Inventories Slip to 428.3 Million Barrels
