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Tag: GDP

GBP/USD Outlook: UK’s Economy Shrinks More than Expected

Forex
Britain’s GDP shrank more than initially estimated in the third quarter. Economists predict that the economy will contract once more in the...

BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan

Blockchain
A U.S. bankruptcy court has granted Bitcoin (BTC) miner Core Scientific interim approval to access a $37.5 million loan from existing creditors to fund...

Pound Sterling Price News and Forecast: GBP/USD holds above key support despite weak UK data

Forex
GBP/USD Forecast: Pound Sterling holds above key support despite weak UK data GBP/USD has managed to stage a rebound early Thursday before going into...

AUD/USD reverses and tumbles below 0.6700 as Dollar soars

Forex
US Dollar rises across the board after US data and amid risk aversion. US Q3 GDP revised from 2.9% to 3.2%.  AUD/USD again...

US Close: Bye-Bye Santa Rally, Grinch Selloff is here to stay, US Data, Micron Gloom, Oil wavers, Gold drops, Cryptos lower

Blockchain
The Grinch selloff is firmly in place after Micron delivered a gloomy outlook and as better-than-expected US economic data supported the Fed’s case for...

Gold Price Pares Gains as USD Recovers Ahead of Core PCE

Forex
The XAU/USD maintains a bullish bias as long as it stays above $1,810. The US data could have an impact later...

Canadian dollar yawns after mixed CPI report

Blockchain
The Canadian dollar continues to have an uneventful week. USD/CAD is unchanged on Thursday, trading at 1.3608 in the European session. Canada’s CPI slows...

EUR/USD Outlook: Risk Sentiment Improves on Positive US Data

Forex
US consumer confidence reached an eight-month high in December. The confidence comeback coincided with a similar increase in the sentiment index at...

USD/CAD Forecast: Canada’s Inflation Eases Less than Expected

Forex
Canada’s annual inflation rate decreased to 6.8% in November. There is a 45% chance of a 25 basis point rate increase from...

Gold Rate Today Latest Update: Check Precious Metal’s Price in US, Dubai, India & Singapore

Blockchain
Gold Prices Today: Gold prices were slightly up in the early morning trading hours across Asia on Thursday, December 22. However, the price...

U.K. Economy Shrank More Than Previously Thought

Supply Chain & Logistics
The U.K. economy shrank by more than first thought in the three months to September, revised figures show. BBC News reports the economy contracted...

German finance ministry sees subdued economic activity over winter

Forex
Germany's finance ministry expects activity in Europe's biggest economy to remain subdued during the fourth quarter of this year and first quarter of next...
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