China extended its strong momentum in economic activity with an across-the-board recovery in November, according to Market Watch. The urban jobless rate fell for a fourth straight month to 5.2%, down from October's 5.3%. Industrial output rose 7.0% in November year over year, up from 6.9% in October beating analysts’ expected 6.8%Fixed-asset investment rose 2.6% in the … [Read more...] about China Beats Estimates in November’s Economic Recovery, Jobless Rate Wanes
UK Jobless Claims Rise in November amid Tightening Coronavirus Restrictions
UK’s jobless claims in November were 64,300, up from October’s -64,100, according to the Office for National Statistics press release. The Claimant Count rate was 7.4%, up from the previous month's 7.2%. Prior jobless claims change was revised better from -29,800 to -64,100.Prior claimant count rate was revised lower from 7.3% to 7.2%.The average total pay among employees … [Read more...] about UK Jobless Claims Rise in November amid Tightening Coronavirus Restrictions
Oil Slips on Demand Uncertainties of Tightening COVID-19 Restrictions
Oil fell towards $50 a barrel on Tuesday on forecasts of slower demand recovery and tightening coronavirus lockdowns in Europe, reports Reuters. Brent crude declined by 2 cents to $50.27 a barrel at 0910 GMT, but U.S. West Texas Intermediate (WTI) crude was up 2 cents at $47.01. Oil forecasters project global demand to pick up in the second half of next year rather than at … [Read more...] about Oil Slips on Demand Uncertainties of Tightening COVID-19 Restrictions
FX Classic Trader Review
FX Classic Trader is a company that sells its Expert Advisor. It’s the best solution for everyone who buys it. The presentation looks semi-professional but has the minimum info to make the right decision. Detailed Forex Robot Review Let’s talk about EA’s features, settings, and strategy: It trades price swinging between Support and Resistance levels, using … [Read more...] about FX Classic Trader Review
Backtesting a Forex Robot on MT4: How Does it Work?
Backtesting your Forex robot on MT4 is an excellent way to see what potential is held by your strategy before you apply it in real-time. These days, several traders use Expert Advisors (EAs) or Forex robots to conduct their trades automatically. But, it is also important to check how the robot performed until that point in time because you don't want to leave your Forex trading … [Read more...] about Backtesting a Forex Robot on MT4: How Does it Work?