Browsing Tag

Gross Domestic Product (GDP)

China Trade Balance: Beyond the AUD

Daniel John Grady Sep 6, 2023 54 0

There is a lot of market expectation on China's upcoming August trade balance data. Of the majors, the currency most likely to be directly impacted is naturally Australia. But with the world having increasing doubts about China's economic…
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Fundamental Analysis

What Forex Traders Need To Look Out For This Earnings Season

Daniel John Grady Jul 14, 2023 59 0

Corporate earnings season primarily affects the stock market. But how well businesses are doing is a basic component of the economy. And many of the companies reporting are so big that they can provide directionality for broader markets. If…
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Fundamental Analysis

EuroZone Q1 GDP to Be Revised Lower

Daniel John Grady Jun 7, 2023 63 0

Normally, the final revision to GDP numbers isn't a thing to move the markets. But that could be different this time around for the EuroZone after what happened with Germany. Especially for the Euro now that we're moving into the ECB's…
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Fundamental Analysis

The Last Positive US GDP Number This Year?

Daniel John Grady Apr 25, 2023 72 0

Thursday will be the biggest day for the markets this week with the concurrent release of two key data points. The US reports flash Q1 GDP, expected at 2.3% compared to 2.6% prior. Alongside that is the release of Core PCE prices for Q1,…
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Fundamental Analysis

UK Monthly GDP And the Move in Cable

Daniel John Grady Apr 12, 2023 53 0

Cable is back in focus with a data point that could move the consensus on what the BOE will do at its next meeting. The latest survey of economists shows a 67% chance that there will be another quarter point rate hike. The remainder expect…
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Fundamental Analysis

Gold Bulls Pick a Fight With the Fed

Daniel John Grady Feb 24, 2023 93 0

Gold prices have been falling all month, and it opens the question whether this is a new trend, or can we see a turn around? Well, the latest macro data from the US paints a somewhat gloomy picture for gold in the short term. But beyond…
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Fundamental Analysis

UK Q4 GDP: Avoiding a Recession?

Daniel John Grady Feb 9, 2023 74 0

Tomorrow there is a trove of UK data before the market opens. But the most important is likely to be the first look at GDP figures for last quarter. That could be the make-or-break instance for the BOE and even the government's policy, and…
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Fundamental Analysis

Can US Q4 GDP Break the Recession Narrative?

Daniel John Grady Jan 25, 2023 78 0

Amidst all the debate of whether the US is heading into a recession this year, we get the first look at last year's GDP figures. This could be the biggest market moving event of the week, especially if expectations are not met. And there is…
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Fundamental Analysis

Global Flash PMIs, and the Return of Investor Optimism?

Daniel John Grady Jan 23, 2023 76 0

At the conclusion of the latest WEF meeting in Davos, many of the leaders there were optimistic that the world would avoid a recession. Or, at least, if there was a recession, it would be short and shallow. A substantial portion of that…
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Fundamental Analysis

Why Oil Prices Have Been All Over the Place

Daniel John Grady Jan 20, 2023 85 0

The price of crude has been on something of a roller-coaster since the start of the year. From a sudden drop in the first days of January, it climbed through the third week, only to have a hard drop a couple of days ago. Naturally there…
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