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Historic Collapse in USA Jobs in April!

USA Lost Jobs

·         U.S. nonfarm payrolls plummeted by 20.5m in April, largely erasing the 23m gain from the ten-year expansion. The Bureau of Labor Statistics’ (BLS) estimate of the unemployment rate jumped to 14.7% from 4.4%, the biggest monthly jump ever and the highest rate since the Great Depression peak of 26%. High initial jobless claims More...

by Robert | Published 2 months ago
Corona Virus
By Robert On Friday, March 6th, 2020
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Coronavirus: Facing the Third Wave

Mixed news: After initially missing the outbreak of COVID-19 in the Hubei region (wave one), China resorted to drastic measures in February. It has reportedly managed to arrest the surge in cases in Hubei and More...

Brexit Timeline
By Robert On Friday, March 31st, 2017
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Brexit: Trading Opportunities

Britain’s vote to leave the European Union on June 23, 2016 (aka as Brexit) sparked an unprecedented wave of volatility in UK markets. The pound immediately plunged to its lowest in 30 years and has since More...

Trading Opportunities
By Robert On Thursday, January 19th, 2017
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5 Events Leading to Potential Trading Opportunities in 2017

In 2016 the currency markets experienced a lot of volatility, as many different geo-political events had an impact on separate currency values. There was the shock Brexit vote in the UK, Donald Trump’s victory More...

EUR/GBP Currency Pair
By Robert On Tuesday, January 10th, 2017
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How the EUR/GBP has Started 2017

It’s fair to say that the EUR/GBP currency pairing experienced a tumultuous year in 2016. The start of the year wasn’t so bad, but when the UK’s EU membership referendum was announced, and then More...

2017 Economy: Stock Market
By Robert On Thursday, January 5th, 2017
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Strong Start to 2017

We’re experiencing a positive start to the year as far as equity markets are concerned. The FTSE100 is set to close at a fresh all-time high while the major US indices remain within a few points of their own More...

Trump Won!
By Robert On Wednesday, November 9th, 2016
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TRUMP Won!

The result of the US presidential election has taken analysts by surprise and shaken up the financial markets. Read below to see what Steve Ruffley has to say about today’s market activity, presenting both More...

Sterling Crash
By Robert On Wednesday, October 26th, 2016
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Sterling Flash Crash!

Cable Capitulation: GBPUSD drops 800 pips Wow! What happened? The morning of 7th October 2016 at 00:07 UK time GBPUSD was trading at 1.2601. Over the next few seconds the 1.2600 level broke and mass selling kicked More...

Financial Crash
By Robert On Wednesday, October 26th, 2016
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Experts Claim that Short-Selling Did Not Cause the Financial Crash

For a long time, short-selling was held responsible for the financial crash of 2008. In the eyes of many, it was culpable beyond doubt, with aggressive trades charged with costing investors $1 billion, driving around More...

Fat Finger Trade
By Robert On Wednesday, October 26th, 2016
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A Selection of the Worst Fat Finger Blunders

The pound has made headlines recently, after dropping by an alarming six per cent in a matter of minutes. This represented one of its greatest falls in documented history, and left many traders, commentators, and More...