Source: US Census Bureau American wholesale trade sales posted a slight decline, while inventories were marginally up in September. VDC is down 0.10%. Sales of merchant wholesalers stood at $595.5 billion, 1.1% lower than the previous month but 20.6% higher than August 2020’s level.The June to July percentage change was revised to reflect a 2.1% increase versus the … [Read more...] about US Wholesale Trade Slightly Down in September, Inventories Slightly Up
US Nonfarm Payrolls Jump Less Than Expected at 194,000
Source: Bureau of Labor Statistics American Nonfarm Payrolls climbed less than expected in September, with figures remaining above pre-pandemic levels. Total Nonfarm Payrolls jumped by 194,000, lower than the market’s anticipated 500,000.The unemployment rate slipped by 0.4 percentage points to 4.8%, reflecting a decline of 710,000 unemployed persons to 7.7 million … [Read more...] about US Nonfarm Payrolls Jump Less Than Expected at 194,000
Absolute Robot Review
Absolute is a Forex expert advisor that made its entry into the industry on 8th April 2021. Being a new EA, it has no notable achievements. However, the vendor claims it had a win rate of 99.5% based on a historical test. Since past performance does not necessarily indicate future results, we must study the different aspects of this system before forming an objective opinion … [Read more...] about Absolute Robot Review
German Balance of Trade Surplus Narrows as Imports Grow Faster Than Exports
Source: Destatis Germany’s balance of trade surplus narrowed in August, as the growth of imports outpaced that of exports. EWG is up 0.37% premarket. The country’s balance of payments stood at an 11.8-billion euro surplus during the month, lower than the 16.7 billion euros the same period last year.The latest reading covers a balance of trade in goods up 11.0 billion … [Read more...] about German Balance of Trade Surplus Narrows as Imports Grow Faster Than Exports
China’s Service Activity Rebounds in September-Caixin
Source: IHS Markit. China’s services bounced back to growth in September as the resurgence in local COVID-19 cases slowed down and boosted supply and demand in the sector. CSI 300 Index up +1.31%, CNY USD up +0.05% The Caixin China General Services Purchasing Managers’ Index stood at 53.4 last month, up from 46.7 in August, signaling a renewed and strong increase in … [Read more...] about China’s Service Activity Rebounds in September-Caixin
