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: ...
A big week ahead in the markets, where the emergence of an unexpected correction has seen volatility return with a bang. The focus within the US markets will be geared towards the CPI release in the wake of the disinflationary worries that have dominated affairs in recent weeks. Meanwhile the UK GDP figure is likely to push forward talk of whether rates should move despite tumbling inflation. On the other hand, the eurozone has a somewhat quiet week, where a whole raft of PMI figures look set to ...