U.S. Q3 GDP expands at 2.8%, quickest pace since Q3 2012

The U.S. economy grew faster than expected in the third quarter as businesses restocked shelves, but a slowdown in consumer and business spending pointed to an underlying weakness….

Spain’s manufacturing PMI expands for 3rd straight month in October

(Reuters) – Growth in Spanish manufacturing activity sped up slightly in October, a survey showed on Monday, though companies cut staff at a faster rate, pointing to a weak…

China manufacturing sector expands further in October, but recovery remains gradual

(Reuters) – China’s giant manufacturing sector strengthened further in October, two surveys showed on Friday, though mixed signals in important areas including export orders suggest any recovery…

Top 10 Weekly Forex Market Headlines – 10.18.2013

1. China: It’s time to build a ‘de-Americanized’ world October 15, China is taking advantage of the government shutdown and budget crisis on Capitol Hill to push for more favor on the world stage, telling other nations that relying on America to lead in the coming decades would be… 2. Analysis: Janet Yellen could turn […]

Daily Forex Market Review 10/08/13 (+60 pips)

Today’s Trade Result: +60 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Japan retail sales jumps 1.1% in August, points to rise in consumption

(Reuters) – Japanese retail sales rose 1.1 percent in August from a year earlier, government data showed on Monday, in a sign that consumer spending is gaining some momentum…

Top 10 Weekly Forex Market Headlines – 09.27.2013

1. ECB is ready to offer long-term loans to keep interest rates low: Draghi September 23, The European Central Bank is ready to offer banks more long-term loans to keep money-market interest rates from rising to levels which could push inflation too low… 2. Merkel wins in German election but faces tough task of seeking […]

UK final Q2 GDP unrevised at 0.7% as economic recovery stays on course

Britain’s economic recovery is on a steady course after stronger-than-expected growth in manufacturing and construction output offset falls in consumer and government spending during the second quarter of the year. The Office for National Statistics said GDP was unrevised at…

U.S. 2nd quarter GDP unchanged at 2.5 percent

WASHINGTON—The U.S. economy expanded in the second quarter as spending by businesses and government strengthened, while some other key areas lost momentum going into the summer. The nation’s gross domestic product, the broadest measure of all goods and services produced in the economy, grew at…

Top 10 Weekly Forex Market Headlines – 09.20.2013

1. U.S., France, U.K. to pressure Asad to surrender chemical weapons as per deal September 16, The United States, France and Britain on Monday stepped up pressure on President Bashar al-Assad to stick to a deal under which Syria must give up its chemical weapons… 2. Larry Summers pulls out from consideration for Fed chair […]

BOJ Kuroda offers optimistic outlook for U.S., European economies

(Reuters) – Bank of Japan Governor Haruhiko Kuroda offered a positive outlook for overseas economies, including the United States, saying on Friday growth would gradually pick up and support Japanese exports…

U.S. industrial production climbs to 0.4% in August

(Reuters) – U.S. industrial production rose in August as a bounce back in motor vehicle assembly lifted manufacturing output, a hopeful sign for the economy after growth got off to a slow start in the third quarter…

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