Source: US Labor Department U.S. headline inflation accelerated to 5% in May to reach its highest level in over 12 years. The all items index recorded its biggest year-on-year growth since inflation clocked in at 5.4% in August 2008.Inflation has been on an uptrend since January's reading of 1.4%.Core inflation for the month came in at 3.8%, the highest in 28 years since … [Read more...] about Inflation Zooms to Highest in Nearly 13 Years
Jobless Claims Slip by 9,000 to Maintain Levels Below 400,000
Source: US Department of Labor US jobless claims fell by 9,000 to 376,000 for the week that ended on June 5. DXY is down 0.07%, SPY is up 0.65%, QQQ is up 0.98% The jobless claims are now at the lowest level since March 14, 2020. On a 4-week moving average, jobless claims fell by 25,500 to hit 402,500. The claims were the lowest since March 14, 2020Continuing … [Read more...] about Jobless Claims Slip by 9,000 to Maintain Levels Below 400,000
ECB Stands Pat on Policy Rates and Bond Buying Program
Source: CNBC The European Central Bank kept its policy rates steady on Thursday as it maintained that the uptick in inflation is transitory. The ECB left its ultra-low interest rates unchanged -- the headline eurozone rate at 0% and deposit rate at -0.5%.It maintained its 1.85-trillion euro bond-buying program until March 2022 under the Pandemic Emergency Purchase Program … [Read more...] about ECB Stands Pat on Policy Rates and Bond Buying Program
What Investors Are Looking Out For in British Stocks
Source: Reuters International investors have returned to U.K stocks which are now the most overweight in seven years. Investors are looking at a slew of data to decide on which stocks to pick after exiting the market during the Brexit referendum in 2016.Traffic congestion data could drive a boom in stocks related to retail, and beverage.Consumer behavior data will … [Read more...] about What Investors Are Looking Out For in British Stocks
Risk Percentage per Position vs. Risk per Unit of Time Model in Forex
A lot of the common literature on what to risk per trade often centers around a defined percentage, typically 1, 2,3, or even 5. Ultimately, this metric is the only thing within a trader's control and is the foundation of position sizing and money management overall. On the surface, this fixed percentage model seems logical. Yet, it misses one key component, and that is the … [Read more...] about Risk Percentage per Position vs. Risk per Unit of Time Model in Forex
