The UK labor market is very tight which explains today’s reported increase in average weekly earnings which expanded by 3.0% annualized for the three-month period ending in September. Excluding bonuses, the increase was reported at 3.2% annualized. This marked the fastest expansion since December 2008. The unemployment rate was reported at 4.1%, up from the previous month’s 43-year low of 4.0%. While wages are expanding, output per working hour is lagging and only expanded by 0.1% in the third-quarter while hours worked rose by 1.0%. Overall...
Hi everyone and thanks for reading my post. I’m Susan, 31 years young and living in Vancouver. I moved here for my job almost 9 years ago and love the city. Right out of university I received a great job offer to work for a business consultancy and it was a dream come true for me. All was great with the exception of my boss. I was hired together with two other candidates and our boss was supposed to be our mentor and show us the ins and outs of our profession. She was a terrible boss and had very little interest in being our mentor. She was...
The psychology of forex trading has much to do with a trader’s instinctual reaction to the market. In a changeable trading environment, uncontrollable emotions are possible, especially during market movement. Most times, people fail in forex trading because of emotions and trading anxiety that can result in uncalculated trading. The consequence normally is poor returns! To trade efficiently, you have to take charge of your emotions, eliminate any trading anxiety, be confident and ensure you avoid silly trading mistakes that can cost...
The European Union is extremely frustrated with Italy and now decided to express their frustration with economic estimates. The European Commission released a report with their estimates for GDP growth across the EU and stated that it currently expect the Italian GDP to expand at 1.2% in 2019. This is below the Italian government’s GDP estimate which shows a growth rate of 1.5%. According to the European Commission report, Italy’s debt-to-GDP ratio will increase to 2.9% in 2019 and to 3.1% in 2020 while rejecting Italy’s estimate for a debt-to...
One of the most important parts of my Bitcoin - Forex Combo Strategy are candlestick patterns. Different traders prefer different chart types, but to me candlestick charts present me with the most important information I need when looking at price action. It always depends on what you are looking for, some prefer to use a very simple lime chart as others get their trading signals from a bar chart. Some hardcore price action traders only use point and figure charts. There is no right or wrong choice as long as you make money from your choice...
