Categories Finance

The Future of Trading: The Rise of Novice to Pro Traders

Funded trading has become a ubiquitous offering in the retail space, helping empower traders of all levels of expertise. With more opportunities than ever before, many traders are opting to join funded trading programs, necessitating the need for reliable providers. Finance Magnates checked in with Axi Select for…

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Categories Finance

US April import prices +0.1% vs -0.4% expected

Prior was -0.1% (revised to -0.4%) Export prices m/m +0.1%% vs -0.5% expected Prior was 0.0% (revised to +0.1%) Import prices y/y +0.1% vs +0.9% prior Export prices y/y +2.0% vs +2.4% prior Higher prices for nonfuel imports more than offset lower prices for fuel imports in April.…

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Categories Finance

US April housing starts 1.361m vs 1.365m expected

Prior month 1.324M Building permits 1.412M vs 1.450M expected Prior permits 1.467M Yesterday’s NAHB home builder sentiment reading matched the worst since 2022 and this week, US 30-year yields hit 5%. I don’t see how the housing market provides any strength this year to the economy but that…

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