SYDNEY (Dow Jones)--Australia's services sector recorded a slower pace of growth in August than July, a performance gauge produced by an industry group published Wednesday shows. The Australian Industry Group-Commonwealth Bank Performance of Services Index fell 4.4 points in August from July to 51.6. An index reading above 50.0 indicates expansion in the sector while a reading below 50.0 shows contraction. Commonwealth Bank Chief Economist Michael Blythe said the slower pace of growth i
NEW YORK (Dow Jones)--Richmond Federal Reserve President Jeffrey Lacker said he would consider an interest rate cut if the data on inflation and consumer spending suggest it was appropriate, according to Reuters. "If evidence arrives that we need a policy move, of course I will consider it and I will take that evidence seriously...That evidence would be of the nature of information that alters the outlook for real spending and inflation," Reuters cited Lacker saying Tuesday. However, h
BUCHAREST (Dow Jones)--Weaker-than-expected Romanian economic growth of 5.8% in the first half of the year drove analysts Tuesday to lower their year-end forecasts to well below official estimates, news agency Mediafax reported. Romania's economy has recorded robust growth over the past few years, with growth accelerating to 7.7% last year, and Romanian authorities expect economic growth of 6.5% this year. "It's highly unlikely that Romania's GDP growth will top 5.8% this year," said I
Romania's economy slowed markedly in the second quarter despite hefty private spending, heightening concern about the country's ballooning external debt. Romania's gross domestic product expanded 5.6% in the second quarter, sharply down from the 7.4% pace posted in the same period a year earlier, and close to the rate achieved in 2005, when the country was wracked by devastating floods. Most economists had anticipated an acceleration from the 6.0% growth of the first three months of the ye
NEW YORK (Dow Jones)--U.S. manufacturing activity expanded at a slightly slower pace in August, although the gains had positive implications for the broader economy, a report Tuesday said. Private research group the Institute for Supply Management said that its index of manufacturing activity moved to 52.9 in August, from 53.8 in July and 56.0 in June. Readings over 50 point to an expansion of activity, while those under that number denote contracting activity. Economists surveyed by Dow Jo
*DJ US ISM Aug Mfg Business Index 52.9 *DJ US ISM Aug Mfg Business Index Expected 53.0 *DJ US ISM Aug Mfg Business Index 52.9 Vs Jul 53.8 *DJ US ISM Aug Prices Index 63.0 Vs Jul 65.0 *DJ US ISM Aug Employment Index 51.3 Vs Jul 50.2 *DJ US ISM Aug New Orders Index 55.3 Vs Jul 57.5 *DJ US ISM Aug Production Index 56.1 Vs Jul 55.6 *DJ US ISM Aug Inventories Index 45.4 Vs Jul 48.5
WASHINGTON (Dow Jones)--U.S. construction spending unexpectedly tumbled in July as outlays for housing plunged, the government said Tuesday. Total spending decreased by 0.4% at a seasonally adjusted annual rate of $1.169 trillion, the Commerce Department said. Spending rose 0.1% in June; originally, June spending was seen 0.3% lower. Wall Street had expected July construction spending would be flat. The 0.4% fall was the largest decline since a drop of 0.6% in January 2007. Reside
Definition The Institute for Supply Management surveys nearly 400 manufacturing firms on employment, production, new orders, supplier deliveries, and inventories. A composite diffusion index of national manufacturing conditions is constructed, where reading above (below) 50 percent indicate an expanding (contracting) factory sector. Export orders, import orders, backlog orders and prices paid for raw and unfinished materials are also measured, but these are not included in the overall index. Why
Revenue in the January-July period stood at 70.9 billion lei ($29.6 billion) and represented 18.2% of GDP. Expenditure totaled RON69.05 billion, or 17.7% of GDP. The state budget, which makes up the bulk of the country's general consolidated budget, posted a deficit of RON3.55 billion in January-July, but was offset by surpluses for the local and social security budgets. In the first half of 2007, the general consolidated budget posted a deficit of 0.19% of GDP, compared with a surplus
BUCHAREST (Dow Jones)--The Romanian general consolidated budget ran a surplus of 0.5% of gross domestic product in the January-July period, against a surplus of 1.69% of GDP in the year-earlier period, news agency Mediafax reported Tuesday, citing finance ministry data.
NEW YORK (Dow Jones)--The Institute for Supply Management's manufacturing index is expected to have slipped a bit, but remained firmly in positive territory in August. The median estimate of 13 economists surveyed Friday by Dow Jones Newswires is for a reading of 53.0 in August for the ISM manufacturing index, down slightly from the reading of 53.8 in July. Readings above 50 point to expansion in activity. The ISM is due to release its manufacturing index for August at 10:00 a.m. EDT (1400
FRANKFURT -(Dow Jones)- The European Central Bank is widely expected to keep interest rates on hold Thursday on volatile financial market conditions and liquidity concerns, but may flag plans to lift rates later this year. Thirty-nine of the 51 private-sector banks polled by Dow Jones Newswires say that the minimum bid rate for the ECB's weekly refinancing operations will remain at 4.0%. "Maintaining the status quo seems to be the most probable scenario, since it would give the central ban
Salutare tuturor de pe Vamist.com, Pentru ca este foarte "trendy" sa ai blog ne-am decis si noi cei de la Gaeta Consult sa avem unul. Fiind Introducing Agent pentru City Credit Capital (UK)Ltd. in Romania , ne-am gandit ca ar fi potrivit sa avem unul pe Vamist.com, un loc ce isi propune sa adune la un loc comunitatea FOREX din Romania, fie ca sunt experimentati sau incepatori, traderi profesionisti sau simpli pasionati, investitori sau gambleri (pentru ca din pacate exista si asa ceva...)
The explosion of brokerage firms on the Internet leads to an ever increasing competition among them ; one of the ways to have a better offer than the competitors is offering more markets to the trader , broadening his trading horizons from the narrowness of random forex; and since we're talking about MetaTrader, the most easy to automate and yet free platform of this kind, this is done by non-NFA regulated brokers, since NFA forbids the implementation of other contracts as CFDs (futures , stocks
Have you ever considered that a large amount of brokers work as online casinos trading against their clients and getting not only the spreads, but also their money? What makes them "play the house" in this game? Newbie traders greed and confidence? They know that the traders that make money are only the 10%, why not taking the money of the rest... Let's think for a moment: what kind of money management do you need to have in order to see the broker as a player, while you have the house? How to m
First of all, for who doesn't know what swaps are, they are implementation of differential interest rates. We aren't going to present here the implementation of swaps starting from the differentials, but the purpose of the article is to show how the swaps may be used to make money with a small amount of risk. Swap Arbitrage, as a hedging for interest technique, is another application of Kreslik currency rings: this time there is no need for FPI calculation or generation of virtuals. All it mat
I. Evolution towards Intercross Arbitrage 1. Triangular Arbitrage ================ It is perhaps one of the most known arbitrage strategies learned in finance school. It consists in converting a given amount of cash in a currency thru some other currencies and back to original currency and getting profit, thus completing a currency ring transformation. It can be applied as an N-angular Arbitrage, when it has N currencies to deal with, but usually it's about three and this is why it's called
This is, indeed, the first decision that you have to make. We have two categories of brokers (I mean only from MetaTrader brokers here): 1. US, trusted, NFA-regulated, USELESS brokers. 2. Non-US, controversial, FSA or other regulation authority, USELESS or USEFUL brokers. The term "arbitrage" from the title has its initial meaning : choice. Except for the Intercross Arbitrage and the Swap Arbitrage, which work with forex only, all the other arbitrage strategies, which are also the "normal"
I was looking over the oil arbitrage script making money on my friend Billy's server these days, and I thought to myself that the forum might benefit out of this. I am seeing that losses, that are a rule for forex traders, are accidents in arbitrage, and I said to myself "Enough with regular trading. People must know." We must never ever take abuse from regular trading again, and finally break down the old saying "You don't risk, you don't win". So I decided for the first time to release full co
Am plasat cookie-uri pe dispozitivul tău pentru a îmbunătății navigarea pe acest site. Poți modifica setările cookie, altfel considerăm că ești de acord să continui.
