August, 2018 | Forex robots store

US: Strength in Q2 GDP Shows Up in Corporate Profits

The second estimate of Q2 GDP revised growth up to 4.2 percent. Corporate profits reached a historic high in the second quarter, supported by strength in real final sales and consumer spending. Revisions to Trade and Software Spending Bump Up...

AdminAug 29, 2018

Finance news

Jefferies says buy PayPal shares due its market leadership in online payments

PayPal shares will rise due to the strength of its core payment platform, according to Jefferies. The firm reiterates its buy rating for PayPal shares, predicting it will grow faster than the e-commerce industry. “PayPal core business trends are showing...

AdminAug 29, 2018

Finance news

Pending home sales fall for seventh straight month in July

It may be hot in the nation’s neighborhoods now, but the nation’s housing market is cooling off. Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors’ pending home...

AdminAug 29, 2018

Fundamental analysis of Forex market

US: Revisions Nudge Growth Up to 4.2% in the Second Quarter

The U.S. economy grew at a 4.2% annualized pace in the second quarter according to the BEA’s second estimate. This is a tick better than the advanced estimate (4.1%), and also higher than market expectations of 4.0% growth. The upward...

AdminAug 29, 2018

Fundamental analysis of Forex market

DAX Edges Higher, Investors Eye German CPI

The DAX index has posted slight gains in the Wednesday session. Currently, the index is at 12,539, up 0.10% on the day. In economic news, German GfK Consumer Climate edged lower to 10.5, shy of the estimate of 10.6 points....

AdminAug 29, 2018

Market overviews

Euro Tumbles as Turkish Crisis Re-emerges, Lira Down 3%

Euro suffers broad based selling today, except versus Australian Dollar, as Turkish Lira crisis re-emerges. Notable rally is seen in USD/TRY which is up around 3% at the time of writing. On the other hand, Sterling, Swiss Franc and Dollar...

AdminAug 29, 2018

Finance news

US economy logs best performance in nearly 4 years

U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years, as businesses boosted spending on software and imports declined. Gross domestic product increased at a 4.2 percent annualized...

AdminAug 29, 2018

Technical analysis of Forex market

EURUSD – Halts Recovery, Faces Pullback Risk

EURUSD – The pair now faces pullback risk after halting its upside pressure on Tuesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further...

AdminAug 29, 2018

Technical analysis of Forex market

GBPUSD Remains Weak Over Brexit Delay

The British pound continues to trade to the downside against the US dollar, with price briefly dipping below the 1.2850 support level. The GBPUSD pair remains weak after EU and UK negotiators admitted that they would fail to meet the...

AdminAug 29, 2018

Finance news

Weekly mortgage applications decline, even as rates slip

Weakening affordability is making potential homebuyers gnash their teeth this summer, and it is taking a real bite out of the mortgage market. Total mortgage application volume decreased 1.7 percent last week and was 15 percent lower than a year...

AdminAug 29, 2018

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Liudmila

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Month: August 2018

US: Strength in Q2 GDP Shows Up in Corporate Profits

Jefferies says buy PayPal shares due its market leadership in online payments

Pending home sales fall for seventh straight month in July

US: Revisions Nudge Growth Up to 4.2% in the Second Quarter

DAX Edges Higher, Investors Eye German CPI

Euro Tumbles as Turkish Crisis Re-emerges, Lira Down 3%

US economy logs best performance in nearly 4 years

EURUSD – Halts Recovery, Faces Pullback Risk

GBPUSD Remains Weak Over Brexit Delay

Weekly mortgage applications decline, even as rates slip

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Month: August 2018

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