Source: Bureau of Economic Analysis Personal income increased for the second straight month in July while spending cooled amid the decline in purchases of motor vehicles and recreational goods. Personal income climbed 1.1% or $225.9 billion, following the 0.2% growth recorded in June. Disposable income increased 1.1%, or $198.0 billion.Growth is attributed to increases in … [Read more...] about Personal Income Up for Second Straight Month as Spending Cools
Analysts Predict OPEC+ to Approve Production Plan Amid Resurging Oil Prices
Source Bloomberg Three quarters of analysts in a survey expect OPEC+ to approve their plan to increase oil production amid rising prices during their meeting on September 1. CL1! is up +2.15% Analysts say global uncertainty and China’s recovery concerns have faded, which reinforces OPEC+ sticking with output hikes.Some OPEC+ delegates have also projected, in … [Read more...] about Analysts Predict OPEC+ to Approve Production Plan Amid Resurging Oil Prices
PBOC Hints of Possible RRR Cut to Support Rural Areas
Source: Bloomberg The People’s Bank of China indicated the possibility of using policy to strengthen rural development, driving market speculation of a reserve requirement ratio reduction as soon as Friday. The PBOC said it will expand government financing guarantees and establish an information system that would assist in rural financing.It will also maintain the … [Read more...] about PBOC Hints of Possible RRR Cut to Support Rural Areas
Hippo Trader Pro Review
Hippo Trader Pro is a Forex expert advisor that works on both Metatrader 4 and Metatrader 5 trading platforms. It is based on a 17-year stress test and according to the vendor, it had an advantageous profit/drawdown ratio each year. However, we need to assess whether the robot can generate steady profits in the current market scenario. Detailed Forex robot review You can … [Read more...] about Hippo Trader Pro Review
Forex Trading in the UK Guide
Forex trading is a popular way of making money online. It involves buying and selling currency pairs through a forex broker. The practice has millions of traders globally who use their computers and smartphones to trade. In this article, we will look at how forex trading works and your guide to trade it in the UK. How forex trading works Foreign exchange (forex) … [Read more...] about Forex Trading in the UK Guide
