U.S financials retained its position as the best-performing area for business activity growth in March, according to IHS Markit press release. All seven broad sector categories recorded an increase in output, with a similar pattern seen for incoming new work. Technology sector gained considerable momentum and reached its fastest for six-and-a-half years.Rises in … [Read more...] about U.S Financials the Best Performing Sector in March-IHS Markit
U.S. Services Output Growth Posts Six-year High In March
The output growth of the United States services sector posted a six-year high in March, according to a report by IHS Markit. The IHS Markit US Services PMI Business Activity Index rose to 60.4 in March from 59.8 in February, and up from the estimated 60.0The rate of output growth signalled was the fastest since July 2014, which service providers attributed to greater client … [Read more...] about U.S. Services Output Growth Posts Six-year High In March
Pinpoint EA Review
Pinpoint EA guarantees only profitable deals providing over 94% win rate and 2,5% of monthly profit. It is the result of twelve months of effort to develop a robot that could securely ’recoup losing trades over 17+ years of backtesting data.’ The dev also adds that his EA has never dropped more than 2 trades in a row testing on 2 currency pairs: GU and EU. The robot trades 24/5 … [Read more...] about Pinpoint EA Review
China Bonds Lone Gainer Among 20 Largest Debt Markets in the First Quarter
China's government bonds were the single gainer among the 20 largest global debt markets in the first quarter of the year, according to a report. Data on Bloomberg Barclays indexes found that Chinese sovereign bonds rose 1% in the quarter. Their lack of correlation with overseas bonds created an alternative for investors to park funds amid the debt selloff.Securities made … [Read more...] about China Bonds Lone Gainer Among 20 Largest Debt Markets in the First Quarter
Bitcoin Surge Partly Driving Interest in China’s Digital Yuan
The surging price of Bitcoin could have partly driven interest in China's digital yuan project, according to CNBC. The People's Bank of China (PBOC) sees the digital yuan as a way to advance cashless payments — a digital version of the fiat currency which the central bank has been working on since 2014.PBOC Research Bureau Director Wang Xin said market interest in the … [Read more...] about Bitcoin Surge Partly Driving Interest in China’s Digital Yuan
