Risk Appetite Remains High On Trade Deal & US Data
Equities continue to remain poised to the upside due to a number of factors. [...]
Trading news
Argentina's economy contracts
Argentina's economy performed a sharper contraction, compared to the expectations, declining 4.3%, year-on-year, for the month of June, as per the nation's latest official data on growth.
Argentina's economy decelerates
The Argentinian economic activity for the first six months of 2016 dropped, compared to the same period in 2015, by 1.3%, the NSAI reported.
Furthermore, the economic activity shrank 0.3% on a seasonal basis in June since May.
Moreover, as per Macri's estimations, Argentina's economy is expected to escalate in 2017 by 3.5% due to new direct investments.
Read More
Thursday, 25 Aug, 2016 / 7:08
Source : https://www.argusfx.com/en/research-education/market-analysis/news/argentina-s-economy-contracts
Trading news
US earnings and data, China GDP propel stocks to fresh highs; dollar nears 8-month high vs yen
China reports slowest annual growth in 29 years but signs of [...]
GBP, NZD and USD the Main G10 Gainers, Equities Sail North
The dollar traded higher against most of the other G10 currencies yesterday, [...]
