UK: It Never Rains But It Pours?

Ok, so let’s admit it. The first thing that comes to mind when talking of Great Britain is usually the weather. Or rather, the bad weather.  But, at the moment it’s more than just one forecast that is looking gloomy for the Brits. Retail sales took a nose dive last month and it stands as…

Google: It’s Just Not Cricket!

The UK Leader of the Opposition, Ed Miliband plans on running head long into Eric Schmidt today during a conference in which he will clearly point out that he doesn’t agree with Google Inc.’s lack of fair play. It’s just not cricket, Eric! In an interview given to The Observer he said that Google wasn’t…

Japan: Next Stop Weimar?

The Bank of Japan in Tokyo has just announced that it plans on injecting up to 70 trillion JPY (nearly $700 billion) into the Japanese economy per year over the next two years in the hope of boosting business and pulling the country out of the doldrums. Others might say that that’s madness and that…

Commodities – Brent Crude and Natural Gas 5/14/13

Brent Crude On May 14th the June Brent contracts were trading at $102.72/bbl which was down $0.37/bbl from the day before.  Data from the US and China has not been very constructive for the Brent, with US gasoline sales down 4.7% y/y in April. Natural Gas The forecast is for 90-100Bcf inventories injection for week…

US Economics for Mid-May, 2013

Improvement in the Small Business Optimism Index in April The Small Business Optimism Index gained in April to a level of 92.1 from the previous level of 89.5.  This new Small Business Optimism Index is now at the highest level in six months, and has caused what many have considered a full reversal of any…

Forex Trading Basics Tutorial 9 -- Automated Forex Trading

For this section of the tutorial, the focus is on automated trading.  When a computer program is used to trade currency pairs based on pre-set parameters that are programmed into the software’s trading platform, this is what is known as automated trading or trading robots.  Hundreds of these programs are in use today, with some…