Forex and stocks trading has become a relatively popular way of making money online. It refers to the process of buying and selling financial assets within a short period with the motive of making a profit. Forex trading has been popularized by brokers having significant marketing budgets and customers’ desire to make money online, and the perceived ease of doing so. This … [Read more...] about Forex Trading in Canada Guide
Texas Manufacturing Output Rebounds in September
Source: Federal Reserve Bank of Dallas Texas manufacturing conditions posted a rebound in September, with shipment and capacity utilization up while demand fell. The production index stood at 24.2, up from 20.8 in August and from the 23.5 recorded in September last year.The shipment index climbed to 18.7, and the capacity utilization index grew to 24.5, while the demand … [Read more...] about Texas Manufacturing Output Rebounds in September
OPEC Revises 2021 Supply Growth Outlook on Outages, Hurricane Ida
Source: OPEC The Organization of the Petroleum Exporting Countries (OPEC) has revised its supply growth outlook for the year, following the outages in areas. Non-OPEC liquids supply growth for the year was downgraded by 0.17 million barrels per day from the previous month.The revision is attributed to a decline of 0.5 million barrels per day in the third quarter, given … [Read more...] about OPEC Revises 2021 Supply Growth Outlook on Outages, Hurricane Ida
US Durable Goods Climbs by Three-Month High in August
Source: US Census Bureau US durable goods orders climbed for the fourth straight month in August, marking the highest growth in three months. New orders for manufactured durable goods in August grew 1.8% to $4.6 billion to $263.5 billion, following the 0.5% climb in July.The increase was led by transportation equipment, up by $4.2 billion or 5.5% to $80.8 billion. New … [Read more...] about US Durable Goods Climbs by Three-Month High in August
ECB Chief Lagarde Cites Growing Inflationary Concerns
Source: ECB Eurozone inflation could continue to breach the target raised by the European Central Bank before easing back to the 2% goal next year, according to a statement. ECB President Christine Lagarde cited growing inflationary concerns, which could indicate that the inflation uptick could be longer than earlier anticipated.Lagarde noted that factors could lead to … [Read more...] about ECB Chief Lagarde Cites Growing Inflationary Concerns
