US Dollar Steady as Markets Wait For BOJ, BOC Meetings This Week
The US dollar has reversed some of its recent losses and is trading steady early on Friday as investor focus shifts from the Fed towards Full Article
South Korea’s Q3 GDP Misses Forecast, More Weakness Expected in Q4
Leading trade-based economy South Korea posted slower than forecast growth through the third quarter of the year despite strong exports amid Full Article
Anyone Buying Crude Oil at the 20 SMA?
Crude Oil is trying to decide at the 20 SMA, as the Chinese GDP comes in weak for Q3 Full Article
Goldman Sachs Revises US GDP Estimates Lower For 2021, 2022
Leading investment Goldman Sachs has revised its growth forecasts for the US economy lower for the current year and the next, highlighting Full Article
USD/CAD Uncertain as GDP Numbers Come Up Mixed
USD/CAD remains uncertain above the 50 daily SMA after the GDP report for July Full Article
Looking to Sell the Retrace in Gold, After the US GDP and Employment Reports
The Q2 GDP was revised higher in the US today, but unemployment claims jumped as well Full Article
China’s Industrial Sector Slows Down, Likely to Weigh on GDP
Leading investment bank Goldman Sachs has revised its growth forecasts for China's economy lower on account of rising energy shortages and Full Article
ADB Revises 2021 Economic Growth Projections For Developing Asia Lower
In the latest update to its Asia Development Outlook report, the ADB has cautioned that its previous projections for a solid rebound across Full Article
Delta Variant to Slow Down US GDP in Q3, Q4 2021
A recent Reuters poll reveals that the spread of COVID-19 cases due to the delta variant has slowed down the pace of US's economic recovery Full Article
New Zealand Economy Posts Faster Growth in Q2, Beats Forecasts
The New Zealand economy posted a faster than expected growth through the serving quarter of the year, offering some encouraging news to the Full Article
EUR/GBP Continues Lower, Despite the Soft UK GDP
EUR/GBP has reversed at the 100 daily SMA and the lower UK GDP is not helping it Full Article
Japan GDP Revised Higher, Economic Recovery Faces Uncertainties in Q3
The Japanese economy posted a faster than expected growth during the second quarter of the year, supported by higher levels of capital Full Article
EUR/USD Retests the 20 SMA, After the Softer Economic Sentiment in Europe
Will EUR/USD bounce off the 20 SMA which has been acting as support recently? Full Article
Australia’s Retail Sales Contract Sharply in June: Recession Looming?
Retail sales across Australia showed a steep decline amid the latest round of lockdowns and restrictions imposed by the government in an Full Article
Crude Oil to Reverse Down After the US GDP and Employment Claims Reports?
Crude Oil is failing at the 20 and 100 SMAs on the daily chart after the strong bullish move this week Full Article
