Source: Office for National Statistics Retail sales in Great Britain fell to a five-month low in August, as food stores, department stores, and computer stores reported lower figures during the month. The retail sales index fell by 0.9% to 107.2 in August from 108.3 in July. This is the lowest since March’s 103.4.Volumes for the three months to August were 0.3% higher … [Read more...] about UK Retail Sales Slip to Five-Month Low in August
True Range Pro Review
Trend Range Pro uses night and intraday scalping with the implementation of grid orders. The EA is available at the MQL 5 marketplace for an asking price of $195. There are multiple settings within the algorithm's code that traders can access from the input panel and tweak the robot. Let us see if the strategy used by the expert advisor is worthy of use on our live … [Read more...] about True Range Pro Review
Inflation Reaches 3.2% In the EU in August, Higher Than 3.0% In the Euro Area
Source: Eurostat The European Union posted an annual inflation of 3.2% in August, a jump from 2.5% in July. The inflation in the euro area was 3.0%, a gain from 2.2% in July. DAX is up +0.24%, EURUSD is up +0.10%. Fig: Annual Inflation Rates in August Malta, Greece, and Portugal posted the lowest annual inflation rates at 0.4%, 1.2%, and 1.3%, respectively. … [Read more...] about Inflation Reaches 3.2% In the EU in August, Higher Than 3.0% In the Euro Area
A Guide to Quantitative Trading
Quantitative trading is a market approach based on employing mathematical and statistical models in order to detect possible opportunities for profitability. The decision as to whether or not to execute them is left to the discretion of the investors. It is often referred to as 'quant trading' or just 'quanting' sometimes. How does quantitative trading work? Prices and … [Read more...] about A Guide to Quantitative Trading
NZDUSD Forecast as Strong GDP Data Point to a Hawkish RBNZ
The NZDUSD price held steady after the relatively strong New Zealand GDP data published on Thursday. The pair is trading at 0.7115, which is a few pips below this month’s high of 0.7170. New Zealand GDP data The New Zealand economy outperformed expectations in the second quarter as the country continued to open up. According to the country’s statistics agency, the economy … [Read more...] about NZDUSD Forecast as Strong GDP Data Point to a Hawkish RBNZ
