Trading the News: U.S. Gross Domestic Product (GDP) The 1Q U.S. Gross Domestic Product (GDP) report may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as signs of a slowing recovery weigh on interest-rate expectations. What’s Expected: Why Is This Event Important: A soft growth figure may encourage the Federal Reserve to retain its current policy throughout most ...
The Rolling Stones, Paul McCartney, Roger Waters, the Who, Bob Dylan and Neil Young are among the classic rock legends rumored to perform at a newly forming festival. The Los Angeles Times reports that the fest, scheduled for October, will go down at the Empire Polo Grounds in Indio, California - the same site where Coachella takes place. more...
Paul McCartney was joined onstage in Seattle by former Nirvana bassist Krist Novoselic, who helped out during the encore performance of "Helter Skelter." Novoselic and Paul both played bass and the former also added vocals. The performance came during Macca's ongoing One on One tour. McCartney and Novoselic previously hooked up with Dave Grohl and Pat Smear. more...
Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The Federal Open Market Committee (FOMC) is widely expected to retain its current policy in April even as central banks officials project two rate-hikes for 2016, but a growing dissent within the central bank may trigger a near-term selloff in EUR/USD as it boosts interest-rate expectations. What’s Expected: Why Is This Event ...
Maximilian Lenz (1860-1948) A World 1899