Source: Bureau of Labor Statistics Producer price growth remained at a record-high high in October, driven mainly by the growth in prices for final demand goods during the period. Wholesale prices rose 8.6% from the past year, unchanged from September and faster than the 8.3% recorded in August.The latest is the fastest reading in nearly 11 years since data collection and … [Read more...] about Producer Price Growth Remains at Record-High in October
China’s Central Bank to Offer Loans for Environment-Friendly Companies
Source: Bloomberg The People’s Bank of China is set to offer loans to local lenders focused on working toward cutting down carbon emissions. The PBOC said it will lend 60% of the needed funds at an interest rate of 1.75%, which can be used to provide loans at a higher rate.The program seeks to support firms in clean energy, energy-saving, environment-friendly sectors, and … [Read more...] about China’s Central Bank to Offer Loans for Environment-Friendly Companies
Top 4 Proprietary Trading Firms for Day Traders
Proprietary trading is a common method of participating in the financial market by being part of a bigger company. The service is provided by several companies that offer their services globally. Most of these companies are not well-known. In this article, we will look at what prop trading is, how it works, and some of the best companies in the industry. Proprietary trading … [Read more...] about Top 4 Proprietary Trading Firms for Day Traders
Philadelphia Fed Chief Patrick Harker Doesn’t See Rate Hikes Until Taper Is Complete
Source: Reuters Philadelphia Fed President Patrick Harker says any hikes in interest rates will wait until the tapering of bond purchases is complete. SPY is up +0.085%, DXY is down -0.06%. Harker still says the Fed is prepared to act in a high inflation environment if need be. He says inflation could moderate over the next year as imbalances of supply and demand … [Read more...] about Philadelphia Fed Chief Patrick Harker Doesn’t See Rate Hikes Until Taper Is Complete
FXQUASAR Review
FXQUASAR is a fully-automated Forex expert advisor that works on both MT4 and MT5 trading platforms. According to the vendor, this is a highly profitable robot that is compatible with all brokers and account types. Before we can consider the system profitable, however, we need to analyze its live performance along with other aspects. Detailed Forex robot review The vendor … [Read more...] about FXQUASAR Review
