Forex Trading and Miscellaneous

Germany’s latest GDP figure for Q4 came in at 0.00%, ahead of the -0.2% recorded for Q3. Two quarters (in series) of negative readings is regarded as a recession. Therefore, Germany’s economy could currently be described as stagnant, despite YoY growth coming in at 0.9%. The reasons for the recent contraction in the economy include: […]

FX trading is a global 24/5 business, it hardly ever sleeps. From Sunday evening to Friday evening, the industry, in all its facets, turns over circa $5 trillion each trading day. The FX markets are moved primarily by breaking economic news and high impact calendar events. These events are listed on your economic calendar. All

Thursday February 14th is a busy day for high impact calendar news. Crucial data concerning: the German economy, the Eurozone and the USA economy, will be released. This is data which has the power to move markets, particularly if the forecasts by various news agencies are missed, or beaten. The forecasts are obtained after the

Overnight and in the early morning Sydney and Asian trading sessions, many of the globe’s prominent equity markets continued the “risk on” rise, which has developed over recent sessions. President Trump intimated during a questions and answers session, as he held a cabinet meeting in the Whitehouse, that the date for a Chinese trade and

On Wednesday February 13th, both the U.K. and USA statistics agencies will publish the latest metrics relating to inflation, for their respective economies. Inflation figures rank as high impact economic calendar events, due to their ability to move FX markets, particularly if the actual figures which are printed, miss or beat the forecasts from agencies

Global equity markets were cheered overnight, as news filtered down that the USA government had avoided an upcoming shutdown, after a budget was agreed by congress for border security. The agreed congress funding of $1.4b for border security, falls far short of the $5.7b of funding Trump wanted approved, to specifically build his infamous wall,

At 1:00am, on Wednesday February 13th, during the early part of the Sydney-Asia trading session, New Zealand’s central bank, the RBNZ, will broadcast their decision with regards to the bank’s key interest rate. Referred to as the OCR or official cash rate, the current rate is 1.75%, and according to the economists polled by Reuters