federal reserve

The U.S. Federal Reserve held its two-day monetary policy meeting last week which concluded on Wednesday. The central bank left interest rates unchanged as widely expected but said that the U.S. economy was "strong" maintaining the course for a further rate hike in September. [shortcode-variables slug="learn-forex-basics"] By noting that U...

2018-08-10 John Benjamin Read more
Forex-Trading-Week-Ahead-Opportunities

The week ahead is expected to start somewhat slower compared to the previous week, as data on the economic calendar is rather limited. The RBNZ’s monetary policy meeting is due this week, which is likely to gather attention amid lack of any other fundamentals to fall back on. No changes are expected to the overnight cash rate, but investors w...

2018-08-06 John Benjamin Read more
GDP_How to Trade GDP Report_1005

GDP or Gross Domestic Product represents the total monetary value of goods and services produced over a specified period of time in a country. In other words, GDP measures the overall productivity of a country's economy and is used to measure the level of growth and the economy's health in general. The GDP report is one of the many macroeconomi...

2018-02-26 John Benjamin Read more
USA Flag_US Economy_Trump

The preliminary estimates for the first quarter's gross domestic product (GDP) for the U.S. will be published today by the Department of Commerce. Economists polled have forecasted that the pace of economic activity in the three months ending March might have increased at a slower pace of 1.3%, compared to the previous quarter (Q4) of 2016. Th...

2017-04-28 John Benjamin Read more
US GDP

The final or the third revision to the fourth quarter GDP for 2016 will be released today by the US Department of commerce. But despite the slightly hawkish expectations/forecasts given for the data today, it is unlikely that the final revised GDP will impact the markets much. At best, expect a knee-jerk reaction while the existing trends are li...

2017-03-30 John Benjamin Read more