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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 ...
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 ...
The unemployment rate in Australia climbed to 6.0 percent in January, the Australian Bureau of Statistics said on Thursday. Employment decreased 7,900 to 11,894,500. Full-time employment decreased 40,600 to 8,185,800 and part-time employment increased 32,700 to 3,708,700.Unemployment increased 30,200 to 761,400. The number of unemployed persons looking for full-time work increased 25,600 to 544,100 and the number of unemployed ...
Consumer prices in China were up 1.8 percent on year in January, the National Bureau of Statistics said on Thursday. more...
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