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Food prices in New Zealand eased 0.2 percent on month in November, Statistics New Zealand said on Friday, following the 1.2 percent decline in October. more...
- U.S. Advance Retail Sales to Increase for Second-Consecutive Month. - Household Spending Has Risen Four Out of Last Ten-Months. Trading the News: U.S. Advance Retail Sales Another 0.2% expansion in U.S. Retail Sales may fuel speculation for a December Fed rate-hike and spur a near-term pullback in EUR/USD as central bank officials largely endorse an upbeat outlook for the world’s largest economy. What’s Expected: ...
Trading the News: U.S. Durable Goods Orders A 2.3% decline in demand for U.S. Durable Goods accompanied by a weakening outlook for business investments may produce near-term headwinds for the greenback as it fuels speculation for a further delay in the Fed liftoff. What’s Expected: Why Is This Event Important: The Federal Open Market Committee (FOMC) may continue to endorse a wait-and-see approach ...
Trading the News: European Central Bank (ECB) Interest Rate Decision Even though the European Central Bank (ECB) is widely expected to retain its current policy in September, the fresh updates coming out of the Governing Council may trigger a selloff in EUR/USD should the committee show a greater willingness to expand/extend its quantitative easing (QE) program. What’s Expected: Why Is This Event Important ...
Trading the News: U.S. Gross Domestic Product (GDP) What’s Expected: Why Is This Event Important: The Fed may stay on course to normalize monetary policy in 2015 as the central bank still anticipates a stronger recovery to materialize over the coming months, and data prints encouraging an improved outlook for growth & inflation may spur a greater dissent within the committee as the economy gets on a ...
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