Source: IHS Markit The German economy slowed to a seven-month low in September, dragged by supply constraints during the month. The headline Flash Germany PMI Composite Index fell to 55.3, down from 60.0 the previous month. This is the lowest since February.The latest reading brought the third-quarter average to 59.2, up from 57.4 the second quarter and the highest in … [Read more...] about German Economy Slips to Seven-Month Low in September
Fed Hints on Tapering By November, Rate Hike in 2022
Source: WSJ The Federal Reserve indicated the possible tapering of its bond-buying program in November, and the possible interest rate hike next year amid the prolonged inflation uptick. DXY is down 0.37% The rate-setting committee said it could start to cut down on its $120-billion monthly bond purchases as soon as the next meeting scheduled November 2 and 3.Officials … [Read more...] about Fed Hints on Tapering By November, Rate Hike in 2022
M15 Signals Review
M15 Signals provides short-term trades and live telegram alerts for their signals. They claim to have a 90% accuracy on all their executions. The company also states that they bag in 15000 to 3000 pips a month, which is quite abnormal. The statements made by the providers indulged us in taking a look at the service and seeing if it is profitable or not. Detailed signals … [Read more...] about M15 Signals Review
What Is Slippage and Why Do Forex Traders Dread It?
Slippage is a case whereby an order is fulfilled at a price other than the customer's order. Slippage is an expression used by both stock traders and FX dealers. Because of the rapid price fluctuations in the financial markets, the time required to fulfill the order might lead to slippage. Occurrence of slippage In instances when the market is highly volatile, or … [Read more...] about What Is Slippage and Why Do Forex Traders Dread It?
US Crude Oil Inventories Down Amid Growth in Refinery Inputs and Imports
Source: EIA Inventories of US commercial crude oil declined in the past week even as inputs and imports posted growth, according to data released by the Energy Information Administration. Commercial crude oil inventories for the week ending September 17 fell by 3.5 million barrels from the previous week to 414.0 million barrels. This is 8% below the five-year … [Read more...] about US Crude Oil Inventories Down Amid Growth in Refinery Inputs and Imports
