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
New Home Sales Fall To 775,000 In February 2021
Sales of new single-family homes in the United States plunged 18.2% in February, according to data released by the census bureau and housing department. Sales were at a seasonally adjusted annual rate of 775,000, falling below the January rate of 948,000. This is 8.2% higher than the seasonally adjusted sales of 716,000 in February 2020.New houses for sale in February were … [Read more...] about New Home Sales Fall To 775,000 In February 2021
Forex Ninja Review
We’ve got a middle of March 2021, but the presentation still has a number of gained pips in 2019, not in 2020. It’s not okay. The forward statement is that we can “Discover the possibilities of auto-trading on Forex.” The presentation informs us that there are (where?) backtest reports on the past 10-year tick data. Detailed Forex Robot Review The presentation lacks … [Read more...] about Forex Ninja Review
USD/TRY: No End in Sight for the Turkish Lira Strength
The Turkish lira jumped against the US dollar as traders reacted to the diverging paths between the Federal Reserve and the Turkish Central Bank (CBRT) decisions. The USD/TRY dropped to 7.3267, which was the lowest level since March 3. Fed and CBRT decisions The Turkish central bank concluded its third monetary policy meeting of the month on Thursday this week. In its … [Read more...] about USD/TRY: No End in Sight for the Turkish Lira Strength
Existing-home Sales Drop In February As Inventory Falls To Historic Low
Existing-home sales declined in February after two consecutive months of gains, according to data released by the National Association of Realtors. Total existing home sales decreased 6.6% from January to a seasonally adjusted annual rate of 6.22 million in February. Total sales climbed year-on-year up 9.1% to 5.70 million in February.The median existing home price for all … [Read more...] about Existing-home Sales Drop In February As Inventory Falls To Historic Low