Trading news

Expert's opinion from FXFinPro

Australia's trade deficit disappointed investors

Today was published statistics on the trade balance in Australia, according to which, the deficit totaled 3.31 billion in October, against 2.40 in September. The median forecast was at 2.61 billion. Exports in the country fell by 3.0%, while imports remained virtually unchanged. Despite this, the Australian dollar is supported by improved expectations about the economy in the near future, as well as GDP growth in the third quarter by 0.9%. In the coming days volatility will be increased, and we may see a drop in prices on the background of a stronger US dollar. Our medium-term outlook remains negative with a potential drop to 0.7000 and 0.6800, despite the recent growth.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Thursday, 03 Dec, 2015 / 11:10

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Jerome Powell speaks to the Wall Street Journal, the markets react instantly

The Fed Head’s WSJ interview generated plenty of interest in the [...]

Posted on Friday, 05 Mar, 2021 / 1:03 under

Dollar surges, stocks sink after Powell lets yields run loose

  Powell gives no hints about possible action to stem selloff in [...]

Posted on Friday, 05 Mar, 2021 / 10:26 under

Inflation fears & rising bond yields spooked investors – FTSE 100 Market Outlook – 05/03/2021

Stocks in London were going up nicely yesterday during the European trading [...]

Posted on Friday, 05 Mar, 2021 / 9:28 under