Who doesn’t love freebies? Forex trading education continues to be one of the most controversial topics in the industry. What’s challenging about this market is that there are no prescribed university courses or degrees to learn how to trade currencies correctly and profitably, mostly because forex is more art than science. Although traders can have mentors, the … [Read more...] about Free Forex Trading Courses – Are They Any Good?
Producer Prices Accelerate to Series-High in November
Source: Bureau of Labor Statistics Producer prices climbed to a series-high in November, driven mainly by higher energy costs during the month. The final demand index surged by 9.6% in the 12 months ended November, marking the biggest climb since data collection started in November 2010.The latest figure compares with the 6.3% in October, and the 1.0% the same month last … [Read more...] about Producer Prices Accelerate to Series-High in November
IEA Downgrades Supply, Demand Forecasts for 2022
Source: IEA The International Energy Agency has downgraded its supply and demand forecast for next year, citing the impact of the resurgence of COVID-19 cases on the global recovery. The IEA has cut down both its supply and demand forecasts from non-members of the Organization of the Petroleum Exporting Countries by 100,000 barrels a day.The downgrade comes as it expects … [Read more...] about IEA Downgrades Supply, Demand Forecasts for 2022
Industrial Production Makes a Comeback in the Euro Area and EU in October
Source: Eurostat The euro area posted a 1.1% increase in industrial production in October, after falling by 0.2% the previous month. In the EU, industrial production rose by 1.2%, compared to a decline of 0.5% in September. DAX is down -0.14%, EURUSD is up +0.21%. Capital goods production improved by 3.0% in the euro area in October from September. Durable goods were up … [Read more...] about Industrial Production Makes a Comeback in the Euro Area and EU in October
UK Unemployment Fell to 4.2% in Q3 Despite Closure of Job Furlough Scheme
Source: Office for National Statistics The UK job market strengthened further despite ending furlough as the number of payrolled workers rose by a record 257,000 last month. FTSE 100 up +0.39%, GBP USD up +0.28% The Office for National Statistics stated there is no sign on whether ending the furlough support scheme in September affected the jobs market, with workers on … [Read more...] about UK Unemployment Fell to 4.2% in Q3 Despite Closure of Job Furlough Scheme
