Consumer and producer price inflation for April from China
- expected 2.5% y/y, prior 2.3%
- m/m in at +0.1%
- expected 0.6%, prior 0.4%
- m/m is 0.3%
3. Risking a small percentage of your trading capital will help you avoid your risk of ruin If you risk 1% of your capital trading with position sizing and a stop loss you will be down 10% after 10 losing trades. How much would you be down at your current rate of risk? Ten losing trades in a row will happen eventually it is just a matter of when and will you survive the losing streak mentally and financially.
The latest report by Reuters – citing sources with knowledge of the talks – says that China had deleted its commitments to resolve core complaints by the US last Friday i.e. theft of intellectual property and trade secrets, forced technology transfers, competition policy, access to financial services, and currency manipulation.
Good day, everyone! Hope you’re all doing well as we gear towards the European trading session later. Markets are generally lively as the focus remains on US-China trade tensions, with USD/JPY now finding room below the 110.00 handle. But the notable mover today has been the kiwi after it fell as the RBNZ moved to cut its OCR by 25 bps to 1.50%.
USD terms (these may be later)
Not too much to go on from Dimon there. Yeah, the US and China will patch together some sort of trade deal.