Source: Office for National Statistics The United Kingdom’s gross domestic product (GDP) growth slowed to a six-month low in July, as construction continued to contract while services were generally flat. EWU is up 0.95% premarket. The GDP grew by 0.1% in July, slower than 1.0% in June and 7.3% in July 2020. This is 2.1% below the pre-COVID-19 level in February … [Read more...] about UK GDP Growth Cools to Six-Month Low in July
Dealers Score Record-Low Allotment in US 30-Year Bond Offering
Source: Bloomberg Dealers scored a record-low share of the US 30-year bond auction on Thursday, as demand from indirect bidders soared. Dealers were awarded only 13.1% of the $24-billion bonds, while indirect bidders were awarded 69.7%, above the recent average.Indirect bidders include overseas central banks which placed their bets through the Federal Reserve Bank of New … [Read more...] about Dealers Score Record-Low Allotment in US 30-Year Bond Offering
Promax Gold EA Review
Promax Gold EA is a trading system that belongs to Sinry Advice. The presentation could be more extended and explain us better if what we are looking at. The developers have many products in their portfolio. Detailed Promax Gold EA review The advisor has some features explained: The system is an automatic trading tool. It opens and closes orders for us. We … [Read more...] about Promax Gold EA Review
The On Balance Volume (OBV) for Your Forex Trades
On balance volume (OBV) is an indicator used to measure buying and selling pressure. It is obtained by adding up and subtracting down daily volumes. Investors can predict trend continuations and reversals by using divergence or lack of it between prices and OBV. How OBV indicator works Joseph Granville first introduced OBV in 1963 in his book Granville’s New Key to Stock … [Read more...] about The On Balance Volume (OBV) for Your Forex Trades
Unemployment Claims Fall to Pandemic-Low for Second Straight Week
Source: US Labor Department American unemployment claims declined further to mark the lowest level since the COVID-19 pandemic hit for the second consecutive week. DXY is down 0.06%, and Gold is down 0.06%. Seasonally adjusted initial claims for the week ending September 4 fell by 35,000 to 310,000. This is the lowest since claims were at 256,000 on March 14, 2020.The … [Read more...] about Unemployment Claims Fall to Pandemic-Low for Second Straight Week
