Source: Office for National Statistics A slower 0.1% increase in UK GDP in October, signaling that the economy had flattened even before the Omicron COVID-19 variant. FTSE 100 down -0.040%, GBP USD down -0.11% Gross domestic product increased by a weaker than expected 0.1%, slowing significantly from monthly growth of 0.6% in September.That showed the economy remained … [Read more...] about UK GDP Economy Nearly Flat-Lined, Rising by 0.1% in October
Gold Eagle Review
Gold Eagle trading robot uses a trend scalping strategy with a custom indicator. It uses the averaging approach, opening several orders if the price moves in the opposite direction. The algorithm is available for MT4 and MT5 platforms and trades on the H1 chart. Covering the major details about the expert advisor, we will understand its potential benefits and … [Read more...] about Gold Eagle Review
Wholesale Inventory Sales Growth Picks Up in October
Source: US Census Bureau American seasonally adjusted wholesale inventory sales jumped 2.2% in October, marking a bigger jump than that seen in the previous month. Sales for the month stood at $620.5 billion in October, up 2.2% from September’s revised level and higher than the 1.7% growth. It is up 22.2% from a year ago.Total inventories stood at $759.4 billion, up 2.3% … [Read more...] about Wholesale Inventory Sales Growth Picks Up in October
ECB Policymakers Eye Temporary Bond-Buying Increase
Source: Reuters Officials of the European Central Bank are looking at a temporary increase in the regular bond-buying program, which would still see a significant reduction in the program in March. Sources close to the matter said officials are looking to boost the Asset Purchase Programme (APP), but with limits on the size and the length of the commitment.Policymakers … [Read more...] about ECB Policymakers Eye Temporary Bond-Buying Increase
Jobless Claims Fall by Higher than Expected 43,000 to Mark the Lowest Since 1969
Source: Department of Labor US jobless claims were 184,000 in the week that ended December 4, down 43,000 from the previous week and below the estimated 215,000. The claims have been at the lowest since September 1969. DXY is up +0.23%, SPY is down -0.15%. On a four-week moving average, US jobless claims fell by 21,250 to 218,750. The claims were at the lowest since … [Read more...] about Jobless Claims Fall by Higher than Expected 43,000 to Mark the Lowest Since 1969
