Gross Domestic Product (GDP)

Wednesday’s schedule was booked majorly by the US data releases regarding several important economic indicators. The Commerce Department’s report showed a boost in the corporate spending for the month of October, while household spending…
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The AUD/USD was hit by a bearish sentiment after RBA’s (Reserve Bank of Australia) statement that the Aussie is adjusting to the decline in the commodity prices, the decision of a monetary policy ease in order to uplift the demand still…
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As a reaction of Wednesday Australian CPI (Consumer Price Index) release, the AUD/USD registered a sharp drop from 0.72 and hit the support line from 0.7120. The qoq (quarter-on –quarter) Australian CPI for the 3rd quarter came at 0.5%,…
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The European Central Bank meets today for its monetary policy review with the biggest question being whether the ECB will expand its QE purchase program beyond 2016. Nearly 10 months after the ECB announced its massive bond purchase program…
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The Australian Dollar has been under pressure since the past couple of weeks especially due to the concerns of a large scale slowdown from China. While the initial Yuan devaluation caused the Aussie to plummet, the currency managed to…
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The second estimate for the US quarterly GDP data is due today and marks an important data release on a rather quiet trading day. The median forecasts expect to see the US second quarter GDP to rise to 3.2% from the initial estimates of…
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The EUR/USD closed the week on a lower stance, the incertitude of Greece’s headlines and the emergent state of the deal continuing to keep pressure on the trend. These echoes will still make an appearance in the future, inflicting movements…
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The agreement between the West and Iran really beat a record: the number of days of continuous negotiation extended to 18. But what counts is that the first and perhaps the most complex stage was exceeded. The reaction of the price of oil…
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The US dollar and capital markets have apparently lost their appeal, especially before a hot weekend in Athens. Despite the somewhat disappointing Non-Farm Payrolls yesterday (223k), the falling Average Hourly Earnings (0.0%), the increased…
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The final revision to the first quarter GDP for 2015 showed that the UK economy expanded by 0.4% against earlier estimates of 0.3%. The third and final revision comes after the initial estimates of 0.3%. On an annualized basis, UK's growth…
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