PAMM investing is one of the best and most profitable ways to invest in Forex at relatively low risk. Still, most beginning investors out there have a hard time choosing a suitable PAMM account to invest in. Some of those PAMM managers may apply aggressive risk management and risky strategies for the sake of higher profits. Apparently, this may lead to considerable drawdowns at times while some investors don’t have such risk tolerance to bear with it. On the other hand, some traders may apply conservative strategies for the sake of stability, thereby sacrificing high profitability. Anyways, there are various kinds of investors out there. Yet, there are certain kinds of PAMM accounts for all of them. That’s why PrivateFX let’s you monitor various readings for the entire period since day one as well as for the past trading week. This holds true for profitability, drawdowns etc. Analyzing and comparing those data cannot be underestimated in terms of choosing which PAMM account to go with.
According to the recent report released by the Federal Reserve, the U.S. industrial production slowed down as of March 2016. The drop amounted to 0.6% over the reporting period relative to the previous one, which is February 2016. At the same time those who were interviewed by Bloomberg had expected the industrial production to drop by no more than 0.1%.
Canada’s manufacturing sector showed a decline in February 2016. This is confirmed by Statistics Canada. Analysts point out that the key factor that triggered the decline was a auto and oil sales drop. February’s sales drop amounted to 3.3%.
According to the official report released by Statistics Canada, the country’s manufacturing industry showed some weakness in February 2016. Observers underline that the sales of autos and crude oil were the biggest losers over the time, which was the key driver for the weakness.