Monday 29 December 2014

29th December 2014


Courtesy -
By The Associated Press
___

Why the US will power the world economy in 2015

WASHINGTON (AP) — The United States is back, and ready to drive global growth in 2015.

The U.S. is expected to grow in 2015 at its fastest pace in a decade. The economy is expected to expand 3.1 percent next year, according to a survey by the National Association for Business Economics. Plunging oil prices, improved job growth and other economic signs are helping fuel the optimism.

The acceleration of U.S. growth is a key reason the global economy is also expected to grow faster, at about 3 percent, according to economists at JPMorgan Chase and IHS Global Insight.

___


Market Commentary - 

Dollar up and crude oil takes a hammering


US DX

90.174  +0.264 +0.34%

 
EUR/ USD

1.215350  -0.003670 -0.30%


Crude Oil

53.68  -1.05 -1.90%


Gold 

1184.070  -11.510 -0.96%


 
Pieter Bergli - DeLoren Trust Holdings
Forex education for all


Disclaimer - U.S. Government Required Disclaimer - Commodity Futures Trading Commission


Futures and Options trading involves risks of losses. No representation is being made that any reader and account will or is likely to achieve profits or losses similar to those that are being discussed on this blog http://forexeducationperspective.blogspot.com/. The past performance of any trading system or methodology discussed is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed in this blog http://forexeducationperspective.blogspot.com/ are for educative and illustrative purposes only and not to be construed as specific advisory recommendations for actual trades. Disclaimer -  http://forexeducationperspective.blogspot.com/ bears no responsibility for the trading actions of its readers.