U.S. Q4 GDP revised higher; consumer spending rises; inflation picks up

U.S. consumer spending rose solidly in January and underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases on the table this year. The upbeat data on Friday added to reports on manufacturing and employment that have suggested economic growth picked up at the start of the year after slowing in the fourth quarter…

Top 10 Weekly Forex Market Headlines – 02.28.2014

1. Draghi signals March ECB’s policy meeting could be critical February 24, European Central Bank President Mario Draghi Sunday signaled the central bank’s March policy meeting could be critical in determining whether the ECB will provide additional stimulus to shore up the nascent euro-zone economic recovery… 2. Further sterling strength could delay rate hike: BOE’s […]

Stocks edge up as U.S. Q4 GDP growth revised lower to 2.4%

Stocks edged upwards on Friday, as a government report said the economy grew at a slower rate in the last quarter of 2013 than previously estimated. The Dow Jones Industrial Average was 37 points higher in early morning trading and the S&P 500 and the Nasdaq also gained…

Euro zone Q4 GDP expected at 0.2% as recent growth data mixed

(Reuters) – The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc’s underlying strength. Recent evidence has been mixed…

Daily Forex Market Review 11/19/13 (+27.5 pips)

Today’s Trade Result: +27.5 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: […]

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