Gross Domestic Product (GDP)

DAX faces support at 11357 amid Greek uncertainty, EURUSD trades sideways with mixed US data, and WTI crude sees inventory drops pressuring prices.
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The publication of the NFP report was the long awaited evidence that the US economy is able to get out of the struggle from the first quarter. Together with the 280k NFP, the Unemployment Rate increased to 5.5% (representing the number of…
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The outlook for the euro became better yesterday as official sources claimed that Greece's creditors drafted the broad lines of an agreement which is due to be discussed today in a meeting between Alexis Tsipras and the European Commission…
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The Swiss Franc, Canadian dollar and American dollar were all affected by the weak reports of the GDP.
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The revised second estimate of the US GDP for the first quarter of 2015, saw the world's largest economy contract -0.7%, below expectations of -0.8% while the GDP price index remained unchanged at -0.1%. The contraction in the US economy…
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Although the situation is tensed, it seems that the euro does not want to perceive anything else but the positive rumors from the Greek-European negotiations. Every EURUSD correction of the downtrend is made by hungry traders and the rising…
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In a speech addressed to a business group in Rhode Island, Federal Reserve Chair, Janet Yellen, explained her increased expectation about the economic data, as well as the intention to start raising rates this year. The dollar had prevailed…
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The Sterling pound enjoys both technical and fundamental elements that favor the ascending trend. The Monetary Policy Committee unanimously decided to maintain the interest rate and the settings of the Asset Purchase Facility program, while…
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The lately comeback of the euro has sparked unease among European officials regarding the inflation, the commercial advantages of Germany, the competitiveness gained by others in relation to other partners outside the monetary union and the…
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Mario Draghi’s speech last Thursday wasn’t a surprise giving the reminder message of QE, which in the ECB perspective, has the desirable effect in terms of calming the yields assault in public debt markets. The European Central Bank’s chief…
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