U.S Composite Output Index slipped to a 2-month low of 59.1 in March, down from February’s 59.5, according to IHS Markit press release. The index signaled the second-fastest private sector upturn for six years. Flash Services Business Activity Index hit an 80-month high of 60.0, up from 59.8 in FebruaryFlash Manufacturing PMI reached a 2-month high of 59.0, up from … [Read more...] about US: Capacity Pressures Constrain Output as New Order Expands Fastest in 6.5 Years
Eurozone Business Activity Expands For First Time In Six Months In March
Business activity in the Eurozone expanded for the first time in six months in March, according to data compiled by IHS Markit. The headline IHS Markit Eurozone Composite PMI rose to 52.5 in March from 48.8 in February. The latest figure is the first reading above the 50.0 no-movement since September. The expansion is also the largest recorded since July 2020.Manufacturing … [Read more...] about Eurozone Business Activity Expands For First Time In Six Months In March
FxDiverse Review
FxDiverse is a Forex EA that lets you trade in as per your preferences while letting you choose which pairs to trade in, the risk level, as well as the profitability. As per vendor claims, this robot has proven stability and profitability, and you don’t need any special education or knowledge to win profits using it. Since there are several other Forex EA vendors making similar … [Read more...] about FxDiverse Review
USD/CHF Forecast Ahead of the SNB Rate Decision
The USD/CHF price is bouncing back ahead of the first Swiss National Bank (SNB) interest rate decision. The pair rose to 0.9302 on Tuesday, which is 1% higher than last week’s low of 0.9212. Switzerland stronger recovery Like all countries, Switzerland went through a rough patch in 2020 because of the coronavirus pandemic. However, the country’s weakness was better than … [Read more...] about USD/CHF Forecast Ahead of the SNB Rate Decision
Inflation Worries Set Bonds for the Worst Losses in Decades
Government and corporate bonds have fallen to their worst start to a year this century. The tumble has been linked to the prospect of resurgent inflation which could eat into fixed-income returns. Inflationary pressures have risen with the passage of the $1.9 trillion stimulus package this month even as central banks vowed to keep rates near historic lows.The Fed expects a … [Read more...] about Inflation Worries Set Bonds for the Worst Losses in Decades
