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September 30, Economic Pulse – Key Events This Week
Key Events This Week The Fed and interest rates: The Fed recently began its interest rate cutting cycle with a large 50 basis point reduction. The labor market continues to be an important indicator for gauging future Fed actions. Labor Market Expectations: Economists forecast that the U.S. added 144,000 new jobs in October. Investors are hoping for data that will confirm a “soft landing” scenario for the economy, in which inflation is controlled without significantly damaging growth. Weak data could increase recession fears, while strong data could increase the likelihood that the Fed will cut rates less aggressively to avoid a spike in inflation. Jerome Powell Speech: Fed Chairman…
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Updates to Our Evaluation Program and Limited-Time Offer discounts
Dear traders, We’re thrilled to announce some important updates to our Evaluation Program that will make your trading journey even more flexible and achievable! Starting this Monday, we’ve adjusted the trading rules to better suit your needs: Reduced Required Trading Days: You now only need 2 trading days to complete your evaluation! We’ve cut down the number of required days so you can reach your goals faster. New Consistency Target: Our consistency target has been updated to 50%, giving you a more balanced and attainable metric. We believe these changes will help you progress through the evaluation with greater ease and confidence. If you have any questions or need further clarification, don’t hesitate to reach out to us. We’re…
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August 23, Economic Pulse – Key Events This Week
Key Events This Week The Fed unexpectedly cut its key rate by 50 basis points which raised many questions. Against expectations: Most analysts had predicted a more moderate cut. Signals of trouble: Despite the Fed’s optimistic Fed’s optimistic statements about the state of the economy, the data pointed slowing growth and possible recession risks. Historical parallels: Similar sharp rate cuts in the past have been associated with crises. Political factors: The upcoming U.S. election could influence the Fed’s decisions to support the financial markets. Risks to the global economy: The Fed’s decision could cause volatility in financial markets and affect exchange rates. The main reasons for this…
