Trading news

Expert's opinion from FXFinPro

The US economy grew by 1.0% in Q4

Today was published the second preliminary forecast for GDP growth in the United States, which totaled 1.0% in the fourth quarter against the previous estimate of 0.7% and a forecast of decrease by 0.4%. The reason for the revision of the indicator for the better was the news on business inventories and import in the country. At the same time, weak sales of energy and winter clothes explained by the warm weather, but sales of these groups will increase in the first quarter of 2016. Positive statistics from the US increases the likelihood of earlier Fed raising interest rates. Our medium-term outlook for the euro remains negative and we are waiting for a decline to 1.08 in the near future.

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

 

Friday, 26 Feb, 2016 / 4:08

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

Source :

Trading news

 

Yields creep up ahead of Powell; stocks slip, dollar firms

  Fragile risk sentiment as yields rise again, sending shares on [...]

Posted on Thursday, 04 Mar, 2021 / 9:55 under

Oil higher ahead of OPEC+ meeting – US OIL Market Outlook – 04/03/2021

WTI Crude oil hit our long resistance targets, printing a high a tat below $62 [...]

Posted on Thursday, 04 Mar, 2021 / 9:35 under

Gold struggling to find support – GOLD Market Outlook – 04/03/2021

Weaker than expected ADP employment change had little effect on gold yesterday [...]

Posted on Thursday, 04 Mar, 2021 / 9:33 under