Source: Reuters Former Foreign Minister Fumio Kishida, said to be a frontrunner for the Prime Minister position in the upcoming election, is calling for several trillions of yen to be unleashed as economic stimulus. Kishida wants the stimulus released as soon as possible, as reported on Nikkei.The stimulus will cover provisions for all the economic sectors and regions in … [Read more...] about Japan PM Challenger Wants Trillions of Yen in Stimulus
Euro Hedge Review
Euro Hedge is an expert advisor that has been around for quite a while, having been introduced to the Forex community on March 29, 2021. Since then, it has been activated 20 times. Also, hundreds of traders have downloaded the demo version. We evaluate it to see if it has potential to benefit traders. Detailed Forex robot review Euro Hedge is being marketed on the … [Read more...] about Euro Hedge Review
Common Brokerage Models in Forex
Forex brokerage models are the systems forex brokers utilize to execute client orders in the market. There are five main models in use today. However, some brokers may choose to combine two or more of the conventional models to better suit their client’s needs. Market maker/ B-book forex brokerage model Market makers are essentially middlemen between the forex market and … [Read more...] about Common Brokerage Models in Forex
Powell Maintains Tapering Possible Within 2021, Calls Delta Threat ‘Near-Term’ Risk
Source: WSJ Fed Chair Jerome Powell on Friday maintained the stance that the bond-buying program could be cut down in the coming months, citing favorable prospects even as the delta variant poses risks in the near term. Powell said most participants believed conditions could warrant a tapering in the $120-billion monthly purchases starting this year during last … [Read more...] about Powell Maintains Tapering Possible Within 2021, Calls Delta Threat ‘Near-Term’ Risk
Consumer Sentiment Plummets to Nine-Year Low as Delta Cases Surge
Source: University of Michigan Consumer sentiment fell to its lowest level in nearly a decade in August, weighed down by the surge in COVID-19 delta cases and inflationary concerns during the month. The Index of Consumer Sentiment fell to 70.3 in August, the weakest reading since December 2011’s 69.9.This is 13.4% lower than July’s 81.2, marking the biggest drop in over a … [Read more...] about Consumer Sentiment Plummets to Nine-Year Low as Delta Cases Surge
