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- U.K. Retail Sales to Increase for Second Consecutive Month. - Private Sector Spending to Rise for Fifth Time in 2014. Trading the News: U.K. Retail Sales A pickup in U.K. Retail Sales may spur a more meaningful rebound in the GBP/USD as it raises the prospects for a stronger recovery in the second-half of 2014. What’s Expected: Why Is This Event Important: The growing ...
- U. of Michigan Confidence Survey to Rebound Following Unexpected Decline in July. - Expected to Hold Above 80.0 for Ninth Consecutive Month. Trading the News: U. of Michigan Confidence A rebound in the U. of Michigan Confidence survey may generate a bullish reaction in the U.S. dollar (bearish EUR/USD) as it raises the outlook for growth and inflation. What’s Expected: Why Is ...
German economic confidence weakened sharply to the weakest level since December 2012 as geopolitical tensions weighed on analyst expectations, the results of a closely watched survey from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday. The indicator of economic sentiment plunged by 18.5 points to 8.6 in August, while it was forecast to drop to 17. More...
- Federal Open Market Committee (FOMC) to Reduce QE by Another $10B. - Fed Chair Janet Yellen to Hold Press Conference at 18:30 GMT. Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate Despite expectations for another $10B reduction in the Federal Open Market Committee’s (FOMC) asset-purchase program, the central bank’s updated forecasts (growth, inflation & interest rate) may have a greater impact in driving the U.S. dollar as ...
10 Must-Watch YouTube Channels for Making and Saving Money While it’s great to learn about personal finance, entrepreneurship and frugality from the written word, many of us learn better by watching and listening. Unfortunately, television networks have only a small sample of channels that cater to people who want to get their financial lives in order. As with many other genres, YouTube has filled that niche. ...
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