Retail sales in the U.S. saw a modest decrease in the month of December, according to a report released by the Commerce Department on Friday. The report said retail sales edged down by 0.1 percent in December following an upwardly revised 0.4 percent increase in November. EURUSD M5: 64 pips price movement by USD - Core Retail Sales news event: more...
As it has for much of 2015, China’s soft economic underbelly will remain a core concern for the growth of the global marketplace. Indeed, the odds are that China’s economic troubles will only continue to get worse in 2016—and the events of these very first days of the new year are not a good omen. This is because Beijing has painted itself into a corner and the various policy levers it is trying to press are producing contradictory outcomes. ...
Justin Timberlake has reportedly signed on to write the music for the forthcoming new film Trolls. He will serve as the executive music producer for the project and will also voice one of the characters. He spoke on the project with NME.com. "I have always envisioned bringing the two worlds of film and music together for one epic event [and] couldn't be more excited . . ." more...
The World Bank trimmed its global growth outlook, citing anemic recovery in major emerging markets, although it suggested that overall growth will improve from last year, underpinned by advanced economies. Global economic growth is forecast to be 2.9 percent this year, instead of the 3.3 percent projected in June, the Washington-based lender said in its bi-annual Global Economic Prospects. "There is greater divergence in performance among ...
EURUSD Technical Analysis 2016, January: ranging for direction D1 price is on bearish ranging condition located inside Ichimoku cloud waiting for direction: The price is ranging within Senkou Span A and Senkou Span B to be located inside Ichimoku cloud.Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator for the possible bullish market condition to be started in the near future.Chinkou Span line is crossing the price to above for the bullish condition. ...
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