Australia posted a seasonally adjusted merchandise trade deficit of A$2.937 billion in January, the Australian Bureau of Statistics said on Thursday - a decrease of A$587 million or 17 percent on the deficit in December 2015. more...
Trading the News: U.S. Consumer Price Index (CPI) A marked pickup in the U.S. Consumer Price Index (CPI) may heighten the appeal of the dollar and spark a further decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to implement higher borrowing-costs in 2016. What’s Expected: Why Is This Event Important: Signs of stronger price growth may encourage ...
Trading the News: U.S. Gross Domestic Product (GDP) The preliminary U.S. 4Q Gross Domestic Product (GDP) report may produce headwinds for the greenback and spark a near-term a rebound in EUR/USD should the report highlight a slowing recovery in the world’s largest economy. What’s Expected: Why Is This Event Important: Even though the U.S. approaches ‘full-employment,’ a marked downward revision ...
Trading the News: U.K. Gross Domestic Product (GDP) The U.K.’s Gross Domestic Product (GDP) report may heighten the bearish sentiment surround British Pound and fuel the near-term decline in GBP/USD should the data encourage the Bank of England (BoE) to further delay its normalization cycle. What’s Expected: Why Is This Event Important: Even though BoE officials sees a ‘solid’ recovery in the ...
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