Post Tagged with: "GDP"
USD/CAD Outlook December 26-30
The Canadian dollar made significant gains against the greenback just before the holidays. The upcoming week features no significant economic indicators, so the outlook focuses on technicals. Canadian GDP disappointed by remaining unchanged in October, the first month of Q4. On the other hand, fresh retail sales figures came out better than expected, providing hope. Updates: The
Canadian Economy Stalls, US Figures Mixed
The Canadian economy didn’t grow, falling short of expectations for a small monthly growth rate of 0.1%. This is the figure for October, the first month of Q4. The publication casts a shadow on US growth as well, as these economies are well connected. USD/CAD is ticking up after this release, bouncing off the lows
Forex Daily Outlook December 23 2011
We summarize this week New Home Sales in the US and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, New Home Sales, Monthly report to value the new sole-family households sold, due to increase from 307K on November up to 314K now.
The ECB flashes the cash
Today the ECB will once again push new boundaries in the provision of market liquidity by offering loan of three years (with option to repay after one year). The market is expecting nearly EUR 300bln to be taken up, in return for suitable collateral form the participating banks. It’s been pointed out before that this
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
NZD/USD Outlook December 19-23
The New Zealand dollar couldn’t withstand the European storm and dropped for another week. NBNZ Business Confidence, Current account and GDP are the highlight of this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week figures revealed that New Zealand’s manufacturing sector contracted further in October, reaching 45.7
USD/CAD Outlook December 19-23
The Canadian dollar bowed to the greenback’s strength and lost a lot of ground. Inflation data and GDP are the main events. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week BOC Governor Mark Carney made a speech in Toronto asking businesses to boost investments and enter emerging markets. He
Forex Weekly Outlook December 19-23
The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting
Forex Daily Outlook November 7 2011
Manufacturing Production in the UK is the main event today. Here is an outlook on the market-movers awaiting us In the US, Crude Oil Inventories, weekly report to value the crude oil barrels in commercial company’s inventory, is about to by remain 3.9M similar to the last week. More in the US, Consumer Credit, expected
Forex Weekly Outlook December 5-9
The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the