Month: March 2021

China’s official data suggest that the country’s economy recovered significantly in March. PMI readings for all of manufacturing, services and construction activities improved strongly. While seasonal factor (low base effect in February) played a role, the strong first quarter reading signals that economic recovery remains underway. Key risks are global vaccination progress and US-China trade
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In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit
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EUR/USD bears catch a breather around low marked on November 05, 2020. Bearish MACD, sustained trading below 200-day SMA favor sellers. Multiple bottoms since late-July add to the downside filters. Five-week-old falling trend line also becomes important resistance. EUR/USD picks up bids to 1.1722 while consolidating the recent losses during Wednesday’s Asian session. Even so,
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