Tag: gdp

Carmakers, Global Growth Slowdown and Rhine’s Low Level Almost Lead Germany...

Germany has held the media spotlight for all the wrong reasons lately, as weak industrial production and retail data have dominated the headlines. Now,...

Multi-Asset Portfolio Favoured As Global Markets Hang In The Balance

Investors must move towards diversifying their portfolio in light of tenuous U.S.-China relations, a Brexit deal that stands on the edge of a knife,...

Turkish Economic Doldrums Set to Worsen

With the latest plunge in the Lira, so too go Turkey’s fortunes. The near incessant struggle to repair the economy since the failed summer...

Nigerian Naira Plunge Goes Unabated Despite Emerging Delta Deal

Nigerian Naira Plunge Goes Unabated Despite Emerging Delta Deal After two years of depressed crude oil prices and an enduring standoff in the Niger Delta...

EURUSD Slide Showcases Rapidly Multiplying Euro Area Challenges

EURUSD Slide Showcases Rapidly Multiplying Euro Area Challenges After European Central Bank President Mario “do whatever it takes” Draghi betrayed market speculation of imminent easing...

S&P 500 Bounce May Not Be A Dip Buying Opportunity

Although investors are piling back into US equities as evidenced by the relief rally in the S&P 500 during the Tuesday trading session, it...

USDDKK Doldrums

Denmark is the equivalent of stuck between a rock and a hard place. The Danmarks Nationalbank (Danish Central Bank) has tried different policies intended...

GBP/USD: Cable Edges Higher as UK GDP Accelerates

Cable traded higher on Tuesday after data from the Office for National Statistics (ONS) showed UK economic growth accelerated in the second quarter. However,...

GDP Revision Weighs on US Dollar

The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...

UK Fourth Quarter GDP Revised Upward

UK gross domestic product rose faster than initially forecast in the fourth quarter, a sign the economy was progressing briskly amid regional volatility and...

US Dollar Approaches Key Milestone

The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...

EUR/USD Hits 11-Year Low as Draghi Outlines QE Program

The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...

US Personal Spending Declines for Second Straight Month

Consumer spending in the United States declined for a second consecutive month in January as incomes increased slower than expected, a sign consumers were...

US Economy Slows in Q4, but Consumer Spending Remains Strong

The US economy slowed more than initially expected in the fourth quarter, as weaker business inventories and a widening trade gap weighed on economic...

Fed’s Yellen Hints at 2015 Rate Hike, but Stresses Patience

The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central...

EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results

The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...

Greece, Troika Resume Talks Following Eurogroup Breakdown

Greece and its Troika of international lenders resumed talks on Friday after the Hellenic Republic failed to reach an agreement with its European partners...

EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data

The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...