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U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday. The report said gross domestic product increased by 1.1 percent in the second quarter. more...
Trading the News: U.K. Jobless Claims Change Even though U.K. Jobless Claims are projected to increase another 9.0K in July, signs of stronger wage growth may keep the British Pound afloat, with GBP/USD at risk of staging a larger recovery should the data tame market expectation for additional monetary support. What’s Expected: Why Is This Event Important: The Bank of England (BoE) is widely ...
Members of the Reserve Bank of Australia's monetary policy board said that additional stimulus likely would aid the prospects for the country's economic, minutes from the central bank's August 2 revealed on Tuesday. more...
Trading the News: U.S. Consumer Price Index (CPI) Despite forecasts for a downtick in the U.S. Consumer Price Index (CPI), stickiness in the core rate of inflation may boost the appeal of the greenback and spark a near-term pullback in EUR/USD as it puts pressure on the Federal Reserve to raise the benchmark interest rate sooner rather than later. What’s Expected: Why Is This Event Important: ...
Japan's gross domestic product was flat on a seasonally adjusted quarterly basis in the second quarter of 2016, the Cabinet Office said on Monday. more...
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