US FED Beige Book release on 30.05.2018

  • Consumer spending was soft
  • Non-auto retail sales growth moderated somewhat and auto sales were flat
  •  Manufacturing shifted into higher gear with more than half of districts reporting pickup in industrial activity and a third classifying activity as strong
  • Prices rose moderately in most Districts, while the remainder reported slight or modest increases.
  • Firms reported difficulty finding workers
  • Employment rose at modest to moderate rate across most districts
  • Contacts noted some concern about the uncertainty of international trade policy
  • Here’s the link

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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