Japanese GDP

11 August, 2017

Japan will release the first estimate of its GDP in the second quarter at 02:50 MT time on August 14. The recent economic news from Japan was rather positive. In the first three months of 2017, the nation’s economy grew an annualized 1.0% for the longest stretch of gains in 11 years. Japanese exports rose in June for the seventh month in a row.

Low inflation makes the Bank of Japan stick to the extremely loose monetary policy, which is weakening the yen. However, if we see a positive surprise in Japanese GDP, the yen will strengthen somewhat. At the same time, lower growth will increase the negative pressure on the yen and help USD/JPY get higher. Either way, this day may present good opportunities for the yen traders!


Source  
Gold & Silver Continue to Fly7 Aug, 2020  

Gold is making only new highs. It seems that gold prices remain in a bullish momentum. The focus remains on the shape and size of the next...

How to trade EUR after the ECB rate statement?2 Jun, 2020  

The European Central Bank will publish the main refinancing rate and make a statement on Thursday, June 4, at 14:45 MT time. Also, the ECB press conference will...

Oil demand is recovering26 May, 2020  

The WTI price approaches the retracement level at 35. The head of the International Energy Agency forecasted that the oil market will recover...


Saudi Aramco: temporary balance12 May, 2020  

Since its IPO in December 2019, Saudi Aramco's stock price has been consistently declining. Before the New Year, it traded at $35. But in the second week...

Gold goes down on trade agreement3 May, 2019  

On the Comex exchange, June delivery gold futures headed south by about 0.7% concluding the trading session at $1,275.15 an ounce...

Dollar rallies on Powell's remarks27 Feb, 2019  

On Wednesday, the evergreen buck ascended in Asia after Fed Chair Jerome Powell came up with a positive assessment of the American economy...


The yellow metal stands still8 Feb, 2019  

The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could...

Dollar surges versus counterparts6 Feb, 2019  

The evergreen buck was held back from dismal American services data, notwithstanding experts reaffirming the services sector was still firm...

Gold surges a bit15 Jan, 2019  

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank...