If we exclude 2009, when the Russian economy collapsed due to the global financial crisis, the current 2013 may turn out to be the worst in the entire period of the rule of Vladimir Putin in terms of economic growth. Late last week, an international research firm Capital Economics assessed the results of the first half of the year in Russia as the start of the recession. But Russian officials still have a hope: The Ministry of Economic Development (MED) expects to rebound in the third quarter. Experts call such predictions as indecent...
Many people are surprised by a large number of unfriendly reactions and even a direct expression of hate for the British prime minister, a woman who was described as one of the brightest and most influential politicians of the XX century. The tone of accusations and claims seems more impulsive than reasonable and impartial. It is difficult to remember that the death of any politician had such a harsh response. The author even thought that some writers were ready to tear the "Iron Lady." What did she done to deserve such a hate?...
US Retail Sales, along with data on employment and GDP, is one of the most important fundamental indicators that has a very large impact on the Forex market.US Retail sales index demonstrates the change in the volume of sales in the retail trade of the USA. In other words, this index shows the sales activity for the American consumers and the level of demand for goods of all types. This indicator takes into account both the sale for cash or on credit. Retail Sales Index is necessarily used in the calculation of gross domestic product (GDP...
The forex trading industry these days is one among huge markets worldwide. In fact, a lot of people are captivated and are now planning to get in the industry. However, a lot also are hesitant for reasons. Firstly, the industry isn’t good for beginners. If you don’t know how the system works and you are not sure about the market you are opting to get into, there is always a tendency for failure to occur. However, this can be prevented through several ways. First and most, you need to know the ways of the industry. There is no...
Let’s take a look at an example of how you couldhave made money with forex trading last week. You could have earned up to 2 490 $ by forex trading in just one week if you had as little as 300$ on your account. Here is how to do it in just four trades of only one currency pair! We deposited to our account 300$, and with the leverage 1:100 we can operate with the volume of 30 000 USD or 0.3 Lots as they are called. The main driver for this week was GBP/USD. Let’s look at the example. First Forex trading position: At forex market open...