Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The economic data may support the GBP
Information is not investment advice
Great Britain will publish GDP growth and manufacturing production on September 9, at 11:30 MT time. GDP growth represents the change in the total value of all goods and services. It is the broadest measure of a country’s economic activity. As for the indicator of manufacturing production, it shows the change in the total inflation-adjusted value of production released by manufacturers. Last time, the figures of both indicators came out lower than the forecasts. Despite the forecast of an increase by 0.1%, the level of GDP had not changed since the previous period, while manufacturing production declined by lower-than-expected 0.2%. Thus, the indicators weakened the pound. Let’s see whether the releases push the British currency up this time.
• If the releases are higher than the forecasts, the GBP will rise;
• If the releases are lower than the forecasts, the GBP will fall.
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Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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