Suez Canal blockage affects the oil supply, and USD/CAD falls, creating pressure on the market trade.Crude oil prices bounce and break the resistance of $66.37 higher than the monthly pivot level and continue to move. The positive momentum of crude oil is underpinned by fears of weeks in the Suez Canal's being unblocked and that the oil supply to consumers is seriously … [Read more...] about Crude Oil Price Faces Fears of Weeks Due to Suez Canal Blockage and Shortage of Supply
U.S Financials the Best Performing Sector in March-IHS Markit
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
