uk gdp

  1. syamfx2020

    DAILY MARKET REPORT - Tuesday, July 14, 2020 - UK GDP slightly rebounded by 1.8% in May

    UK GDP slightly rebounded by just 1.8% in May from a record plunge 20.4% in April as lockdown measures eased. Meantime, both manufacturing and industrial production numbers for May showed a decent rebound, with recoveries to 8.4% and 6% respectively. UK Chancellor Rishi Sunak said: "Today’s...
  2. Jarratt Davis

    UK GDP | Current Sentiment

    Ahead we have UK GDP, which may have a lesser impact than usual due to the market’s preoccupation with the UK’s EU referendum polls. Current Sentiment: The Asia-Pacific session saw Private Capital Expenditure from Australia miss estimates, declining -5.2% versus -3.2% expected. However planned...
  3. Jarratt Davis

    Forex News Trading Strategy For The Week 23rd – 27th May

    The week begins quietly with important releases starting on Wednesday. The highlights of Forex News events are BOC Rate Statement, Australian Private Capital Expenditure, UK Second Estimate GDP, US Core Durable Goods Orders, yet potentially the most important data release US Prelim GDP q/q is...
  4. Jarratt Davis

    UK Second Estimate GDP | Current Market Sentiment

    There is no trade call for the session. Ahead we have two important releases - UK Second Estimate GDP at 9:30am GMT and Eurozone Final CPI at 10:00am GMT. Both of which have the capacity to provide direction in sterling and euro. Current Market Sentiment The key economic release for the...
  5. Jarratt Davis

    Forex News Trading Strategy For The Week

    In terms of Forex News Trading events this week begins slow, however on Thursday we will have events that give us a lot of data – Australian Private Capital Expenditure and UK Second Estimate GDP which is potentially very volatile release. On Friday another important release is awaiting – second...
  6. Jarratt Davis

    UK 2nd Estimate GDP | Current Sentiment

    We are not looking to make any trades today unless there is a major surprise in UK 2nd Estimate GDP. Watch the weekly risk events overview here and read my analysis of current market sentiment below in order to prepare for this release. The only noteworthy data point over the past twenty-four...
  7. Jarratt Davis

    UK GDP - Awaiting For Data - Forex Trading Tips

    Originally updated: 08:00am London Time Trading Bias: Neutral Currency pair: GBP, CAD (pending on data) Current Sentiment: Neutral With the FOMC statement in 2 days, it's advisable to stay on the sidelines in US pairs unless something newsworthy is released. In today's trading session I...
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