The People's Bank of China maintained its interest rates unchanged for the fourth straight time on Thursday. The PBoC left its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The decision matched expectations. more...
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 4.0 percent in December. more...
The Accelerator Oscillator is another Bill Williams Indicator that is designed to keep track of momentum and though common as it is derived from another oscillator that we covered in an earlier article, we take look at how various patterns exhibited by it could be used or even combined in ways that may give one an edge. This indicator specifically aims to track acceleration or deceleration of the momentum, which can be used in providing signals for possible trade entries and exits. Acceleration ...
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