Trading the News: U.S. Gross Domestic Product (GDP) The advance U.S. 4Q Gross Domestic Product (GDP) report may generate a larger rebound in EUR/USD should the fresh batch of data highlight a slowing recovery in the world’s largest economy. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) is widely expected to raise the benchmark interest rate in mid-2015, ...
- Canada Gross Domestic Product (GDP) to Slow for Second-Time in 2014. - Growth Rate to Hold Above 2% for Second Consecutive Quarter. Trading the News: Canada Gross Domestic Product (GDP) Canada’s 3Q Gross Domestic Product (GDP) report may generate a near-term bounce in USD/CAD as the growth rate is expected to increase an annualized 2.1% following the 3.1% expansion during the three-months through June. What’s Expected: ...
- Euro-Zone Growth Rate to Rebound 0.1% in Third-Quarter. - Will ECB Venture into QE as Weak Growth Raises Threat for Deflation? Trading the News: Euro-Zone Gross Domestic Product (GDP) The Euro-Zone’s 3Q Gross Domestic Product (GDP) report may generate a larger correction in EUR/USD as the monetary union is expected to return to growth after stagnating during the three-months through June. What’s Expected: ...
- 3Q U.K. GDP of 0.7% Would Mark the Slowest Rate of Growth Since 4Q 2013. - Slower Economic Recovery Likely to Further Delay the BoE’s Normalization Cycle. Trading the News: U.K. Gross Domestic Product (GDP) The U.K.’s 3Q Gross Domestic Product (GDP) report may spur a lower-low in GBP/USD should the advance reading drag on interest rate expectations. What’s Expected: Why Is This Event Important: ...
Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...