Economist at UOB Group Lee Sue Ann comments on the latest GDP results in Australia. Key Takeaways “The Australia economy rose 0.7% q/q in the second quarter, higher than expectations for a 0.4% q/q reading, but a slower pace of growth than the previous quarter (when it rose a revised 1.9% q/q). From a year
Month: September 2021
New Zealand dollar was the only major currency rose against the US dollar in August, despite speculations over Fed’s tapering and renewed lockdown. We believe policymakers’ proactive reassurance of an October rate hike would likely make the RBNZ the first major central bank to begin rate hike after the most recent round of global monetary
S&P fails on attempt to close at record Selling into the close today pushed the S&P index into the red after trading higher for most of the day. However it is still ending the day with a small gain. The NASDAQ index is also closing near it’s session lows but had a more solid gain
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
New Delhi: (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year. “The electricity market at the Indian Energy Exchange achieved a new milestone with a record all time high monthly volume of 9,538 MU achieving 74
NASDAQ:LCID shed ground, but may soon come back. Lucid rival Tesla begins to look outside of the electric vehicle industry. A new EV maker backed by Amazon for its IPO at a staggering valuation. Update: Sept 1: NASDAQ:LCID shed 10.87% on Wednesday to finish the day at $17.79 per share. Wall Street was torn between softer-than-expected
CONTACT: EMAIL: info@teamtakeprofits.net WEBSITE: www.teamtakeprofits.net FACEBOOK: Jay Wayne INSTAGRAM: JayTake Profits …………………………………………………………………………………………………. Create Your Own Forex Strategy In this video Jay Wayne will show you how to create your own forex trading strategy. …………………………………………………………………………………………………. MENTORSHIP: https://www.teamtakeprofits.net …………………………………………………………………………………………………. Jay Wayne TRADE MUSIC: https://jaywayne.wixsite.com/ttptrademusic …………………………………………………………………………………………………. BROKER I USE: LQDFX: http://t.lqdfx.com/?t=gLEm5J ECN Account. Leverage is 1:300 Minimal deposit
Save 30% off any plan at ForexVPS- https://bit.ly/3iebhcr HankoTrade- https://bit.ly/35XxXK9 Webull- https://bit.ly/30g1FH1 (Deposit $100 and get 2 free stocks valued up to $1,600) Trend Detection Software- https://bit.ly/37yi0vY Forex Backtesting Simulator- https://ForexSimulator.com Indicators- https://simplesignals.com/store My Telegram- https://t.me/PipsAhoyOfficial My blog- https://PipsAhoy.com/blog Social Media ——————————————————— Instagram ▶ http://bit.ly/2HMuZtS Snapchat ▶ http://bit.ly/2ptoRir
Maybe the best Forex Strategy, the PIP Runner is one of the built-in strategies inside SmartCharts. Get The Trading Platform I Use – https://smartcharts2.com/youtube Get Your FREE Ultimate Traders Cheat Sheet Here – https://bit.ly/3gAl24j Come to a live event and learn to be a trader – Build A Trading Plan: https://bit.ly/3dxb02h Watch my FREE Forex
A large-scale poll across 12 European Union member states reveals that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain. Against the backdrop of the
Dollar weakens mildly in early US session after big ADP job data miss. But Swiss Franc and Yen remain the weaker ones. Euro and Sterling firm up mildly. But they are outshone by Aussie and Loonie for the moment. Overall movements in the currency markets are limited, except in some Yen crosses. Traders are still
NASDAQ hits an all time high The major indices are opening higher with the NASDAQ index reaching an all time high. The Dow is trading above and below the unchanged level. We snapshot of the market currently shows: Dow, -10 points or -0.02% at 35349.47 S&P up 7.6 points or 0.17% at 4530.49 NASDAQ up
US August ISM manufacturing data Prior was 59.5 Prices paid 79.3 vs 83.8 expected (prior was 85.7) Employment 49.0 vs 52.9 prior New orders 6637 vs 64.9 prior Full report That miss on employment might get some attention after today’s ADP report and ahead of non-farm payrolls. Manufacturing isn’t a big US employer but it’s
LONDON: The OPEC+ group of oil producers has made an upward revision to its 2022 oil demand forecast ahead of a meeting on Wednesday as the group faces pressure from the United States to raise output more quickly to help to support the global economy. Two OPEC+ sources said the group’s experts have revised its
EUR/GBP lacked any firm directional bias and oscillated in a range on Wednesday. Weaker data turned out to be a key factor behind the euro’s underperformance. The recent rise in COVID-19 cases undermined the sterling and helped limit losses. The EUR/GBP cross seesawed between tepid gains/minor losses through the early European session and was last
Euro jumps notably today, as supported by highest inflation reading in a decade, and hawkish comments from an ECB official, as well as rise in German yields. Though, it’s slightly outshone by Kiwi, Aussie and Swiss Franc for now. On the other hand, Dollar’s selloff continues to pick up momentum and even dips against Yen.
USD rises in August So how did the USD do in August? The US dollar rose against all the major currencies with the one exception being the NZD. Recall that in August the RBNZ was expected to raise rates by 0.25%, but put the rate hike on hold after the decision of the Government to impose Level 4 COVID
Slips into contraction The commentary on the results from Markit is extensive, reproduced below. Bolding is mine: “The Caixin China General Manufacturing PMI came in at 49.2 in August, down from 50.3 the previous month and falling into contractionary territory for the first time since April 2020. The reappearance of Covid-19 clusters in several regions