Trading news

Expert's opinion from FXFinPro

Eurozone GDP growth forecast has been reduced

Today the European Commission published forecasts for economic growth in the euro area. So, in 2016, the rate of expansion of the economy will be 1.7%, which is 0.1% less than the previous estimate. For 2017, the forecast remains unchanged - 1.9%. Unemployment is according to the latest data in the euro zone fell to 10.4% in 2016 will be 10.5%, which is 0.1% less than earlier estimates. These negative news will negatively influence the dynamics of the euro in the future. Current euro growth may continue in the near future to 1.1400, but our medium-term outlook remains negative.


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

 

Thursday, 04 Feb, 2016 / 1:25

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

Source :

Trading news

 

Dollar firms, stocks slip amid US stimulus doubts

  Talks on US stimulus package continue but deal in doubt after [...]

Posted on Thursday, 22 Oct, 2020 / 9:34 under

Up to the US Elections Results

The US economy has recovered modestly in the third quarter thanks to [...]

Posted on Thursday, 22 Oct, 2020 / 9:18 under

OIL dropped 2.5% after excess supply – US OIL Market Outlook – 22/10/2020

WTI Crude dropped by more than 2.50%, hitting our short entry support targets, [...]

Posted on Thursday, 22 Oct, 2020 / 7:55 under