US net-interest costs are expected to grow from 1.4% of GDP in 2021 to 2.4% in 2031.European banks have not recovered from a €2 trillion debt in more than a decade.Increased spending will help the US economy to recover despite the rise in debt. The EUR/USD trading pair has risen by 2.76% in the three months leading to February 16, 2021, buoyed by the falling unemployment … [Read more...] about EUR/USD: Trading Pair Weighed Down by Debt Burden
Japan’s Posts Better-than-Expected Growth. Nikkei Hits a 30-Year High
Japan’s gross domestic product grew at an annualized rate of 12.7% in the three months to December from the previous quarter, according to The Japan Times. The double-digit growth pushed Japan's main stock index Nikkei 225 up 1.9% to cross the 30,000 point threshold for the first time since August 1990. Japan’s growth, which was better than expected, signals a potential for … [Read more...] about Japan’s Posts Better-than-Expected Growth. Nikkei Hits a 30-Year High
Oil Peaks to a Pandemic High Amid Freezing Weather Impacts on Demand and Production
West Texas Intermediate crude is on pace to settle above $60 a barrel, the first time since the early days of the coronavirus pandemic. According to CNBC, the oil rally was caused by rise in demand for power and fuel due to cold weather in some parts of the U.S that also threatened production. WTI crude futures rose 67 cents or 1.1% to $60.14 a barrel on Monday morning … [Read more...] about Oil Peaks to a Pandemic High Amid Freezing Weather Impacts on Demand and Production
What Are Foreign Exchange Reserves? Role in Currency and Economy Stabilization
No country in the world is self-sufficient. For this reason, governments engage in international trade to dispose of whatever is produced in abundance and acquire whatever an economy lacks. International trade between countries gives rise to a phenomenon commonly referred to as foreign exchange reserve. Foreign exchange reserves are assets or holdings held by a country in … [Read more...] about What Are Foreign Exchange Reserves? Role in Currency and Economy Stabilization
FX Premiere Review
The FX Premiere company delivers many various services signals for Forex, educational materials, access to Telegram channels and forums. The presentation looks so wordy and semi-professional. Detailed Forex Robot Review We have grouped up signals features, strategies, and other notes in the list: The system transfers over 50 Forex-related signals daily received from … [Read more...] about FX Premiere Review
