Canadian Economy Contracts in Feb., Can Weigh on BOC & CAD
The Canadian economy disappointed forecasts, sliding 0.2% for the month of February, driven by poor performance in manufacturing and wholesale trade. The decline will give the Bank of Canada pause, despite the strong jump we saw recently in both
3 Top Themes This Week: Bernanke, AUD at Records, UK/US GDP
The first key this week was the FOMC statement/conference, in which we got a “dovish” message from Bernanke, which further solidified the perception that interest rates in the US will remain low into 2012, that the risk on carry trade funding wit
EUR/USD: Trading the US GDP Publication
The first release of the GDP for the first quarter holds very low expectations. Is the US economy slowing down? On this background, there’s room for a surprise and a lot of price action in currencies. Here are the details and 5 scenarios for the
Latest Developments in Euro-zone, China's Strong Growth, UK
This week’s trading has been largely characterized by sideways trading and consolidation after the very strong moves we had the past few weeks. We look at the freshest developments out of Europe, examine the data we saw from China, and see what t
GBP Surges on UK Services PMI, Is UK Economy Stronger?
In the UK today, we saw a blow out Services PMI report, where the index jumped to 57.1 in March from 52.5 in February, completely catching economist forecasts of guard. The GBP/USD surged on the result, breaking to the 1.6250 area. What does the
Canadian Dollar Retreats, Despite Solid Growth
The Canadian economy grew by 0.5% in January. This was in line with expectations and a undoubtedly a solid monthly growth rate. Nevertheless, USD/CAD just cannot break lower.A growth rate of 0.5% per month is usually at the high end of Canadi
Trade the New Zealand GDP with me!
With New Zealand's fourth quarter GDP on today's deck, the big question is: Will they sink back into a recession or not? Here's my take on the upcoming New Zealand GDP report and how I plan to trade NZD/USD...
China's Dynamic RRR: What's That All About?
Last Friday the People's Bank of China raised its reserve requirement ratio (RRR) for the sixth time since October 2010. While the announcement was no surprise to the markets, something tells me that the PBoC's next moves could shake things up a
Part 2: GDP – Consumption, Investment, Gov't & Trade
In Part 2 of of our webinar on the US Economy and Fundamental Indicators, we break down the components of GDP – Consumption, Business Investment, Government spending and Exports. As consumption makes up 70% of the overall economy we examine the v
What to Expect from Today’s FOMC Decision on Inflation, Grow
The Fed comes into today’s meeting with macro-economic signs pointing upward.Stocks are at 20-month highs and there has been an up-tick in economic data including better figures of late on consumer spending, manufacturing, even housing. But the
UK GDP raises concerns over 'Double Dip' & Stagflation
Despite expectations for final Quarter growth of around 0.4%, the actual figure instead recorded a contraction. Whilst alarming, the figure may simply be the result of December's poor weather conditions. Nevertheless, concerns over a 'Double Di
ITEM Club reiterate calls for Interest Rates to hold at 0.5%
Ernst & Young's ITEM Club has reiterated earlier calls for the BoE's Monetary Policy Committee to hold interest rates at their historic lows of 0.5%. Despite inflationary pressures, the MPC has been warned that any decision to prematurely raise


