Source: Bloomberg China scaled back the amount of cash most banks must retain in reserve in a move to counter the economic slowdown. CSI 300 down -0.17%, CNY USD down -0.01% China’s Central Bank will lower the reserve requirement ratio by 0.5 percentage points for most banks on Dec.15, releasing 1.2 trillion yuan ($188B) of liquidity.The cut was signaled by Premier … [Read more...] about PBOC Releases $188B for Banks in Second Reserve Requirement Ratio Cut
Stenvall Mark III Review
Stenvall Mark III is a trading solution that executes a Grid of orders strategy on clients’ accounts. The presentation could have been written better if the devs wanted. Detailed Stenvall Mark III robot review The presentation includes some details about how the system has to work for us. We have united all of this in the list. We can expect that the robot … [Read more...] about Stenvall Mark III Review
Forex Robot: The Epitome of Automated Trading
Technologies are increasingly taking over all the facets of life. The capital market is one sector that is increasingly benefiting from game-changing technologies that make it easy to detect opportunities and make informed investment decisions. The forex market has undergone an immense technological transformation as the need to be in sync while spending the least amount of … [Read more...] about Forex Robot: The Epitome of Automated Trading
Manufactured Goods Orders Surge by $5.1 Billion in October
Source: Census Bureau US orders of manufactured goods accelerated in October after jumping by 1.0% or $5.1 billion to $522.1 billion. The goods had risen by 0.5% in September. SPY is down -1.17%, DXY is up +0.24%. Manufactured goods shipments rose by 2.0%, equivalent to $10.2 billion to $523.4 billion, which is double September’s 1% increase.Unfilled orders were up by … [Read more...] about Manufactured Goods Orders Surge by $5.1 Billion in October
US Economy Added Only 210,000 Jobs in November. Unemployment Rate Falls to 4.2%
Source: US Bureau of Labor Statistics The US economy added back lesser jobs than anticipated in November as the unemployment rate dropped further than estimated to the lowest since February 2020. DXY up +0.04%, EUR USD up +0.04% Non-farm payroll employment increased by 210,000 jobs in November after rising by an upwardly revised 546,000 jobs in October. Economists had … [Read more...] about US Economy Added Only 210,000 Jobs in November. Unemployment Rate Falls to 4.2%
