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Thursday, 28 January 2016
Key Economic Events on Wedneday 28/01/2016
Here are the most important news events and the impact of the particular currencies between the actual number and the expectation, this will help you to trade successfully.
01.U.K Gross Domestic Product GDP (QoQ) Q4 9.30GMT
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
Previous: 0.4%
Expected: 0.5%
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
02.U.K Gross Domestic Product GDP (YoY) Q4 9.30GMT
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
Previous: 2.1%
Expected: 1.9%
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
03.U.S Core Durable Goods Orders MoM 13.30GMT
Core Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items. Because aircraft orders are very volatile, the core number gives a better gauge of ordering trends. A higher reading indicates increased manufacturing activity.
Previous: -0.1%
Expected: -0.1%
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
04.U.S Pending Home Sales MoM 15.00GMT
The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.
Previous: -0.9%
Expected: 0.8%
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
05.Japan National Core Consumer Price Index CPI (YoY) 23.30GMT
The National Core Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers, excluding fresh food.
Previous: 0.1%
Expected: 0.1%
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
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