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Trading the News: U.K. Gross Domestic Product (GDP) GBP/USD may stage a larger rebound over the next 24-hours of trade as the advance Gross Domestic Product (GDP) report is expected to show the U.K. economy expanding another annualized 2.1% in the third-quarter of 2016, and signs of better-than-expected growth may encourage the Bank of England (BoE) to retain the current policy throughout the remainder of the year as the central bank sees growing risk of overshooting the 2% target ...
New Zealand posted a merchandise trade deficit of NZ$1.436 billion in September, Statistics New Zealand said on Thursday - representing 41 percent of exports. more...
Consumer prices in Australia were up 1.3 percent on year in the third quarter of 2016, the Australian Bureau of Statistics said on Wednesday. more...
The unemployment rate in Australia came in at a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: European Central Bank (ECB) Interest Rate Decision Even though the European Central Bank (ECB) is widely anticipated to retain its current policy in October, the EUR/USD may face a sharp move should President Mario Draghi & Co. take additional steps to further support the monetary union. What’s Expected: Why Is This Event Important: After cutting the growth forecast in September, ...
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