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 2.3%. A beat on the estimates could potentially help cement the view for a US fed rate hike this year, if not ...

2015-08-28 John Benjamin Read more
Market news

The German index DAX already feels suffocated by Greece’s problems, responding with irascibility at every rumor. Euro zone finance ministers ended their third meeting in a week without an agreement, while discussions were postponed to Saturday. A deal is still possible, the European leaders are saying, while the Greek side is still reluctant whe...

2015-06-29 Orbex Read more