Fed keeps rates unchanged.   Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although growth of household spending appears
What’s “the secret” behind successful traders? The Forex market is the largest trading network in the world with $1.8 trillion dollars being exchanged every day. There are dozens of different currencies traded but the big players to focus on are all traded with the US dollar and include:  EUR (Euro), GBP (British pound), JPY (Japanese
I’m just posting this up on behalf of Giles, all credit goes to him for this series On a recent weekend I spent the afternoon watching a dramatisation of Charles Dicken’s novel, Little Dorrit. Writing in the mid 19th Century Charles Dickens spoke of an age old problem; namely that of Speculator’s Guilt. The lesson
The inflation data is due at 0830GMT. What to expect, this via SG: Within the core, we expect services inflation to dip slightly after being pushed up in April by timing effects on air fares related to the way the ONS captures air fares in holiday periods. Those effects should start to be reversed in
A quick one on a real basic in markets. All sorts of markets.  Not financial markets – imagine your favourite pop singer. She is outing on a concert. There are ‘x’ number of tickets. And they are quickly all bought up. Leaving potential buyers empty handed. So scalpers offer tickets they have bought at higher
Reserve Bank of Australia June 2019 monetary policy board meeting minutes.  Mon Pol Board agreed “more likely than not” further policy easing would be appropriate labour market would be “particularly important” on deciding further easing board noted lower interest rates not only policy option available on unemployment judged June rate cut would help reduce spare