“Europe’s economic slowdown was abrupt, deeply painful and still has no end in sight.
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "It's a testament to how punchdrunk the markets have become that GDP figures which would once have seemed catastrophic now pass for mundane. "Europe's economic slowdown was abrupt, deeply painful...
Eurozone economy collapsed into deflation in August.
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "This is no teetering on the edge of the abyss – it's a headlong plunge right over the edge. "Deflation could soon prove the most serious threat to the Eurozone's battered economy. The trouble with...
Market Response to the US’s latest non-farm payrolls data
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "This is progress, not perfection. America is still creating jobs, but at a markedly slower rate, and 238,000 of the roles created in August were temporary roles connected to the mammoth task of...
So far, so v-shaped. Confidence among European businesses is climbing steadily
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "So far, so v-shaped. Confidence among European businesses is climbing steadily, even if it remains well adrift of its pre-Covid level. "Overall economic sentiment across the EU has now recovered...
UK retail sales / Govt borrowing : “Britain’s consumers are finally spending again, and their Government certainly is!
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "Britain's consumers are finally spending again, and their Government certainly is. The trouble is the Government is racking up colossal debts to pay for its largesse. "No-one will be surprised to...
“Sterling is riding high after receiving a surprise dose of inflationary normality.
Karim Yousfi, Chief Global Strategist at Audacity Capital, commented: "Sterling is riding high after receiving a surprise dose of inflationary normality. "Desperation among Britain's retailers had led many marketwatchers to fear price cuts would push the UK economy...
What next for Gold?
Forex Funding for Traders : What is Proprietary Trading Firms?
Forex Funding for Traders : What is Proprietary Trading Firms? Prop Trading or Proprietary trading takes place when the Proprietary Trading firms or banks trade commodities, stocks, bonds, or derivatives held in their accounts. In this case, the bank will be using its...
Funded Forex Trader : How to Trade During a Recession ?
When talking about recessions, the issue isn’t whether there will be one, but rather when it will occur. The longer it takes for one to come about, the more it becomes clear that the next one isn’t too far away. A shrewd funded trader will try everything within their...
Funded Forex Trader : What Is a Black Swan Event?
In the world of finance and the funded trader program UK, a black swan event refers to an event that is difficult to predict or a highly negative event. Simply put, black swan events are unknowable and unexpected. Nassim Nicholas Taleb, a former trader at Wall Street...
Funded Forex Trader : What is Kelly Criterion and how to use in trading ?
J.L Kelly, a scientific researcher is credited with coming up with the Kelly Criterion in 1956. Since then, it has gone on to become a renowned strategy used by betting enthusiasts around the globe. The best remote prop trading firms use the criterion to maximize the...
Funded Forex Trader : What Is a Credit Crunch and How to Trade It?
Central banks around the world have had to take preemptive actions aimed at staving off an economic crisis that many believe could lead to a global recession. If using a best forex funded account, you probably have an idea of how you can go about with your trading...