US Gross Domestic Product (GDP) expanded by 2.1% on a yearly basis in the second quarter following the 3.1% growth recorded in the first quarter and surpassed the market expectation of 1.8%.
The US second-quarter gross domestic product is expected to see a growth of 1.8%, slowing from 3.1%. A better than expected results will support DXY and bond yields in the US.
Says that Johnson spoke to France's Macron Johnson told Macron what he wants to achieve on Brexit Both agreed to stay in contact Says that Johnson will note withdrawal agreement needs to be reopened To also note that backstop must be abolished Say...
Says that inflation will come down when interest rate is lower Says that he has been defending that 24% interest rate is very high for Turkey
ECB releases the results of its latest survey of professional forecasters 2019 inflation seen at 1.3% (previously 1.4%) 2020 inflation seen at 1.4% (previously 1.5%) 2021 inflation seen at 1.5% (previously 1.6%) 2019 real GDP growth seen at...
We will closely watch the US second-quarter gross domestic product today, which is expected to see a growth of 1.8%, slowing from 3.1%. A better than expected results will support DXY and bond yields in the US. Additionally, the University of Michigan releases its preliminary measure o...
Outlook is getting worse and worse Previous forecasts showed rebound in Q2 but now incoming signs show weakness The balance of risks is on the downside The prolonging of uncertainty is a materializing of risks
Draghi: We expect interest rates to remain at their present or lower levels at least through the first half of 2020, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to our aim over the medium term Inflationa...
Sees rates at present or lower levels at least through 1H 2020 Central bank stands ready to adjust all of its instruments, as appropriate, to ensure that inflation moves towards aim in a sustained manner Says will examine options for tiering, potential QE Says needs...
The European Central Bank is widely expected to leave interest rates unchanged. Weaker inflation in the eurozone and downside risks from global trade issues, coupled with signs that the Fed’s next move could be dovish, markets will focus on ECB President Mario Draghi’s press conference...
Recently released data indicate a moderate recovery in the economic activity. The composition of growth is having a positive impact on external balance. The current account balance is expected to maintain its improving trend. Turkish central bank says uncertainty reg...
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