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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 ...
New Zealand posted a merchandise trade deficit of NZ$649 million in July, Statistics New Zealand said on Wednesday - representing 15 percent of exports. more...
A 0.4% rebound in U.K. Retail Sales may heighten the appeal of the British Pound and fuel the near-term breakout in GBP/USD as it puts increased pressure on the Bank of England (BoE) to raise the benchmark interest rate off of the record-low. What’s Expected: Why Is This Event Important: Positive data prints coming out of the U.K. economy may highlight a tightening race between the BoE/Fed to normalize monetary ...
Members of the Reserve Bank of Australia's monetary policy board said that the country's economy continues to recover, minutes from the central bank's August meeting revealed on Tuesday. more...
- U.S. Non-Farm Payrolls (NFP) to Expand 200+K for Third Consecutive Month. - Unemployment Rate to Hold at Annualized 5.3%- Lowest Since 2008. Trading the News: U.S. Non-Farm Payrolls Another 225K expansion in U.S. Non-Farm Payrolls (NFP) may spur greater demand for the greenback and spark a near-term sell-off in EUR/USD should the fresh batch of data heighten speculation for a Fed rate hike at the September 17 meeting. What’s Expected: ...