Source: Office for National Statistics The UK’s economy continued to grow in the third quarter, albeit at a slower pace, while the trade deficit during the same period widened by double digits. EWU is up 0.57%. The UK gross domestic product is expected to have grown by 1.3% in the third quarter, marking the second straight quarter of expansion.The latest reading is slower … [Read more...] about UK Economic Growth Cools in Q3; Trade Balance at -£14.5 Billion
ECB Projects Euro-Are Inflation to Fall Below Target in 2023, Warns of Headwinds
Source: Bloomberg European Central Bank is projecting that the euro area inflation will average 1.4% in 2023, below the target 2%. The central bank puts 2021 consumer prices to rise by 2.4% and 2.2% next year. DAX is up +0.089%, EURUSD is down -0.08% ECB still says the present elevated inflation is transitory and is linked to the economic reopening and continuing … [Read more...] about ECB Projects Euro-Are Inflation to Fall Below Target in 2023, Warns of Headwinds
EA Black Dragon Review
EA Black Dragon is an expert advisor that is sold on the MQL5 market and has one week old trading results. The system doesn’t look like a stable and predictable trading solution. Detailed EA Black Dragon review The system has a few explanations provided. It’s not enough to understand how everything works and what we have to expect from the system. The dev … [Read more...] about EA Black Dragon Review
US Jobless Claims Mark Pandemic-Low for Fifth Straight Week
Source: Department of Labor US unemployment claims continued to fall, hitting the lowest level since the COVID-19 pandemic hit for the fifth straight week. DXY is up 0.32%, while Gold is up 1.82%. Initial claims for the week ending November 6 were recorded at 267,000, down 4,000 from the previous week’s 271,000. The four-week moving average stood at 278,000, down … [Read more...] about US Jobless Claims Mark Pandemic-Low for Fifth Straight Week
Inflation Soars to 31-Year High in October on Surging Energy Prices
Source: Bureau of Labor Statistics American consumer prices grew by a 31-year high in October, with the growth broad-based recorded during the period. The Consumer Price Index for All Urban Consumers clocked in at 6.2% in October, up from 5.4% recorded in September.The latest reading is above the Fed’s target of 2% and the highest since November 2020.Inflation was highest … [Read more...] about Inflation Soars to 31-Year High in October on Surging Energy Prices
