WASHINGTON – Harvard economist Oliver Hart, talking to reporters after learning he’d won the Nobel economics prize with Bengt Holmstrom of the Massachusetts Institute of Technology, sized up the state of the U.S. economy as OK. Do you really think that a robot can quantify all the news that happens on a daily basis. The markets are at the tail end of an eight-year bull market, and instead of major economic indicators pointing to overheated growth, we are experiencing modest growth at best… and even that is slowing.
In order to take full advantage of this strategy you need a very fast news data feed such as those provided by Bloomberg because you’ll always want to get in the trade before the move begins. Access market-moving, leading economic indicators directly from primary in-country sources, to obtain the most current and accurate data on national economic activity for 160 countries. When considering the release of economic news as a source of profitable trades all forex traders try to take advantage of the difference between the forecasted and the actual economic number. This is likely to slow the FED’s plan of increasing the federal funds rate to more normal levels in 2016. The more demand for anything will lead to an increase in the price of that product, while a drop in demand will lead to lower prices.
Thomson Reuters economic data is available via flexible delivery options including a data feed or our flagship desktop solution – Thomson Reuters Eikon Eikon includes a wealth of cross-asset content, sophisticated charting and analytical tools and integration with Microsoft Office, making it easy to analyze, predict and present your insights.
From macro data, such as national, financial, and external accounts, industrial activity and labor indicators, to micro detail, on housing, energy, automotive, other industries and key indicators for sub-national areas, Thomson Reuters provides you with a collection of global economic content, with a clear emphasis on factors that affect global financial market performance.
The US government is borrowing trillions of dollars to finance its debt, while increasing money supply immensely leading to inflationary concerns, when inflation goes up, gold skyrockets. Weakness in real GDP growth during the first quarter of 2016 was due to a decline in inventory and non-residential fixed investment, declining state and local government expenditures, and a continuing deterioration in our trade balance. The 2nd Annual Capital Region Business Forum is taking place in the nation’s capital, where the governors of Maryland and Virginia will gather to talk about economic issues. Some incidents may turn a technical Forex trader into a fundamental trader because the trader knows the economic factors that will cause volatility in the price of the currency, and wants to profit from a subsequent movement. This information revolution is what’s causing the layoffs in the newspaper industry.