UK June PMI data indicated a vastly improved overall picture across the UK private sector, with the downturn in total business activity continuing to steady after the record rate of decline seen at the height of the lockdown during April. Another drop-in service sector activity contrasted with a return to production growth among manufacturing companies [...]
The corona virus cases has increased to 190.862 totaling to 8895 death as reported by the German disease and epidemic control center, Robert Koch Institute (RKI), on Tuesday. Cases increased by 503 in Germany on Tuesday whereas Monday it was +537. The death count rose by 10, the tally showed. Estimation of the virus reproduction [...]
The People’s Bank of China (PBOC) keeps one-year Loan Prime Rate (LPR) unchanged at 3.85% in June and maintains the five-year LPR at 4.65%. During the last week, the PBOC cut its 14-day reverse repo rate in a surprise move. Credit card spending of New Zealand is -21.1% in June which is less than -49.4% [...]
No two trading plans can be the same because no two traders are exactly alike. Each approach will reflect important factors like trading style as well as risk tolerance. Not all profitable traders are also successful traders. You can certainly be a profitable trader without being a good, successful trader. For instance, if you always [...]
