The week ahead brings important updates on US second-quarter gross domestic product (GDP), a number of reads on the housing market, and earnings from retailers and advertising giant WPP . But the launch of the new Madden NFL 15 video game from Electronic Arts could grab more headlines than most. Electronic Arts’ share price has jumped in recent days, perhaps on the back of positive publicity for the new game, so Tuesday’s ...
Light Week: This is going to be a relatively light week as far as fundamental releases of significance toward central bank policies. US GDP data on Thursday (8/28) will probably be this week most important data point. Monday (8/25) German Ifo Business Climate (August): Forecast: 107.1, July: 108.0 As economic data shows a slowdown in the Eurozone, businesses are feeling the pinch. The German Ifo Business Climinate survey is expected to show the ...
Originally Posted by TheNews - U.S. Final 1Q GDP Print to Show Another Downward Revision/Larger Contraction. - 1.8% Decline Would Mark the Biggest Drop Since 1Q 2009 (-5.4%). Trading the News: U.S. Gross Domestic Product (GDP) The final 1Q Gross Domestic Product (GDP) report may heighten the bearish sentiment surrounding the U.S. dollar as market participants anticipate another downward revision in the growth rate. What’s Expected: ...
Originally Posted by BrokersMinutes GBP/USD has recently made a strong convincing forex trading online break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs past the 1.7060 levels. Stochastic is also exhibiting a bearish divergence, which indicates forex trading online trend exhaustion. The technical ...
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