Source: Office for National Statistics British inflation in May surged to a level not seen in nearly two years, driven by higher prices of clothing and petrol products. Inflation accelerated to 2.1% in May from 1.5% in April and 2.0% the same month in 2020.The latest inflation print is the same as July 2019 and December 2018, and is only lower than November 2018's … [Read more...] about UK Inflation Hits 2.1% in May on Higher Clothing and Petrol Prices
China’s Retail Sales Jumps 12.4% to Miss Estimates as Uneven Recovery Continues
Source: National Bureau of Statistics of China China’s retail sales jumped by 12.4% in May to miss the expected rise of 13.6%. Other economic indicators also missed expectations to underscore lower consumer spending amid robust economic recovery. CSI 300 sheds -1.67%, USDCNY is down -0.13% In April, China’s retail sales also rose at a lower than expected 17.7% level as … [Read more...] about China’s Retail Sales Jumps 12.4% to Miss Estimates as Uneven Recovery Continues
Forex Asrtobot Review
Forex Asrtobot is an advisor that can make “$16,000 monthly.” We have no idea from what account balance. The developer is Rita Lasker who’s a well-known scammer among Forex-related scammers. Forex Asrtobot is advertised as “The most anticipated product for Forex traders!” Is it so? Let’s find out. Detailed Forex Asrtobot Review There are five blocks of information … [Read more...] about Forex Asrtobot Review
How to Trade the Trend Successfully
What is a trend? It is essential to know what a trend is and its characteristics so that you’ll be able to spot it easily. It also helps to differentiate a trend from other formations to avoid entering a trade you do not understand. There are two main types of trends, namely an uptrend and a downtrend. During an uptrend, the highs become progressively higher and the … [Read more...] about How to Trade the Trend Successfully
Business Conditions in NY Fall by Seven Basis Points but Firms Remain Optimistic
Source: Federal Reserve Bank of New York General business conditions index in New York State fell by seven basis points to a lower level of 17.4 in June as activity expanded at a slower pace compared to May. DXY is up +0.04%, DJI is down -0.36%. Shipments and new orders rose moderately, with a surge in unfilled orders. Lead times rose at a record pace, with input … [Read more...] about Business Conditions in NY Fall by Seven Basis Points but Firms Remain Optimistic
