Gross Domestic Product (GDP)

After a couple of weeks of political turmoil in the UK, traders can now turn to some hard data. Friday's release of the monthly GDP could be a crucial piece for figuring out where cable will be headed in the medium term. All eyes are on the…
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The USDCAD has been moving higher in the summer as the greenback firms up and the Canadian dollar gets weaker. The trend might accelerate after the upcoming release of Q2 GDP figures. The BOC is in an awkward position of balancing out the…
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Friday's job data was such a surprise and so crucial to the markets that it could obscure this week's major market event. Expectations around what the Fed will do in September have shifted radically. Some headlines are even asking whether…
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There is a massive amount of US data coming out this week, with the most proximal events that could shake up the markets being US GDP and the FOMC rate decision. There is near-unanimous agreement in the market and among economists that the…
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Cable has been under pressure since the start of the month as the dollar has regained its mojo amid progress in trade negotiations. But part of that is also due to the shaky situation in the UK. The pound hasn't been able to capture as much…
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Wednesday's US CPI figures will be pivotal for the markets, as it's the last major data point ahead of next week's FOMC decision. The Fed is in its pre-rate decision blackout, meaning that there won't be any comment from officials to…
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The labor market in the US is expected to show signs of further deterioration when Friday's May NFP are reported. But, it's still an open question of whether the data will be bad enough for the Fed to move towards cutting rates. A…
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Up until quite recently, the markets were betting that the BOC (Bank Of Canada) would cut rates at Wednesday's meeting. But last week's surprisingly strong GDP data has changed that perception. The market is pricing in a more likely…
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the Aussie (AUDUSD) has been stuck going kind of sideways for the last month or so. There have been plenty of ups and downs, but it seems the market needs something a little more convincing to break out of the range. Up until the huge…
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Traders hoping for a quiet long weekend with the US and the UK closed for holiday on Monday the 26th might be up for disappointment. US President Donald Trump has developed a habit of making major market-moving announcements over the…
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