Germany released stronger-than-expected gross domestic product data. The GDP increased 0.2 percent on quarter in the first three months of 2022, recovering from a 0.3 percent contraction in the previous period. The GDP expanded by 4% on year in the first quarter, compared to a 1.8% expansion in...
China's third-quarter GDP fell dramatically to 4.9%, down from 7.9% the previous quarter. The slower-than-expected GDP growth is due to a variety of factors, including policymakers' decision to reduce stimulus enacted in the immediate aftermath of the pandemic last year; a crackdown on the...
Inflation is the focus this week, with a US report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony on Capitol Hill.
The US CPI is expected to post another significant gain in June, underscoring a run-up in inflation as the economy emerges from the coronavirus...
Fed decision, TSLA & FAANG earnings, OPEC meeting and US GDP
Buckle up for a highly volatile trading week ahead.
Read my detailed report here- https://gulfbrokers.com/en/a-highly-volatile-week-ahead
The rollout of the Covid-19 vaccines, even if off to a slow start, and the prospect of another even larger stimulus package from President-elect Biden, has investors doing what market history says they should do: Buy.
There is a broader recognition of an economy that is improving and signs that...
Germany's GDP contracted by 10.1% in the second quarter of 2020, weaker-than-expected compared to the market expectations of a 9.0% contraction. "This was the sharpest decline since the quarterly GDP calculations for Germany began in 1970," the statistics office said. Meanwhile, the German...
Global growth outlook may weigh on sentiment this week, short USD/JPY?
The US government is likely to report the country’s biggest quarterly economic contraction since early 2009, and forecasters warned the figures would likely provide a preview of what could be worse to come.
The Commerce...
Market confidence waned after the best week in decades, USD/JPY may continue to move lower
US stocks soared last week to post their biggest weekly gains since 1974, extending a remarkable rally despite evidence of increasing levels of economic strain due to the coronavirus pandemic.
Markets...
The Australian stock market is modestly higher on Thursday after strong employment data. The unemployment rate falls 0.1% to 5.2%, with 39,900 new jobs created during November. In meanwhile, New Zealand’s GDP growth beat expectations in the third quarter. The economy expanded 0.7%...
There is no trade call for the session. Today in the Asian session we had Chinese GDP release. There is no tier 1 data due to be released during today’s London session.
Current Sentiment
The main release in the Asia-Pacific session was GDP data from China. As expected GDP for Q1 2016 fell to a...
US Preliminary GDP (24th of November 1:30pm) release usually has less of an impact than the Advanced print, however if the first estimate is indeed revised upwards, as economists' consensus predict, the USD could certainly benefit.
Conversely, if GDP fails to reach 2% then we may see some...
There is no trade call today as we look to UK Preliminary GDP for a potential trade in the pound. Take a look a my weekly risk events overview here if you want to learn more about interpreting event's data.
UK Preliminary GDP
Due: 9:30am BST
Source:
Office for National Statistics
Frequency...
https://www.youtube.com/watch?v=alyBGOZmeMU
Canadian GDP (Gross Domestic Product) and US GDP are two the most important Forex News Trading Events this week.
Other high-impact events worth keeping an eye on:
Monday 25th
11:45pm BST - New Zealand Trade Balance.
Tuesday 26th
1:30pm BST - US...
Hello Fellow Traders,
Here are Diamonds Trading Signal after-spike trade plan parameters for this release:
Canada GDP > 8:30am NY time
Traded currency pair
:
USDCAD
Initial spike duration limit
:
1 minute
Initial spike price action threshold
:
15 pips
Triggering...
Hello Fellow Traders,
Here are Forex News Gun trade parameters for this release:
Canada GDP > 8:30am NY time
Traded pair
Expected figure
Deviation trigger
USDCAD
0.2 (%)
±0.3 (%)
Previous figure was 0.1 (%).
Actions:
Buy
USDCAD
if actual figure is or is below...
Hello Fellow Traders,
Here are Diamonds Trading Signal after-spike trade plan parameters for this release:
UK Prelim GDP > 4:30am NY time
Traded currency pair
:
GBPUSD
Initial spike duration limit
:
1 minute
Initial spike price action threshold
:
20...
Hello Fellow Traders,
Here are Forex News Gun trade parameters for this release:
UK Prelim GDP > 4:30am NY time
Traded pair
Expected figure
Deviation trigger
GBPUSD
-0.1 (%)
±0.3 (%)
Previous figure was 0.9 (%).
Actions:
Buy
GBPUSD
if actual figure is or is above...
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