Trend Signals has a structured members area to help traders get an insight into their trading activity. They offer a complete education on trading the market. The program is led by a team of several traders who claim to have launched their algorithms back in 2003. Detailed Trend Signal Review The website makes many claims about profitability and success stories of … [Read more...] about Trend Signal Review
Using the 80–20 Rule in Forex to Your Advantage
Any person who has studied some form of power-law distribution owes some gratitude to Vilfredo Pareto, one of the influential economists from the early 1900s. Of the many contributions the Italian made to society, the Pareto principle is perhaps one of his most well-known. Of all the names the law is known by, the 80-20 rule is probably the most popular and … [Read more...] about Using the 80–20 Rule in Forex to Your Advantage
Inflation Soars to 13-Year High in June. Surge Seen in Used Cars and Trucks
Source: US Bureau of Labor Statistics Inflation for urban consumers posted the fastest monthly growth in 13 years in June, driven mainly by the spike in prices of used cars and trucks. VCR slips 0.29%. The Consumer Price Index for All Urban Consumers grew 0.9% from the previous month, marking the biggest monthly change since June 2008’s 1.0%. Yearly inflation stood at … [Read more...] about Inflation Soars to 13-Year High in June. Surge Seen in Used Cars and Trucks
Market Mixed on PBOC’s Next Policy Move
Source: Bloomberg The market is mixed on the next move of the People’s Bank of China on policy rates, following the surprise reserve requirement reduction last week. UBS Asset Management Head of Fixed Income Hayden Briscoe believes the PBOC shifted to an easing cycle which has more to go after the reserve requirement cut.Briscoe said China could cut 10-year bond yields by … [Read more...] about Market Mixed on PBOC’s Next Policy Move
U.S. Inflation, Income, and Household Spending Expectations to Continue Rising
Source: Federal Reserve Bank of New York. The Federal Reserve Bank of New York’s Survey of Consumer Expectations revealed an increase in the short-term inflation expectations as medium-term inflation expectations remained unchanged. DJI gains 0.24%. The median inflation expectations increased by 0.8 percentage points in June to reach a one-year high of 4.8%. The … [Read more...] about U.S. Inflation, Income, and Household Spending Expectations to Continue Rising