US GDP moves the markets

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On July 28, at 12:30 GMT, the United States Bureau of Economic Analysis published the US quarterly Advance GDP data for the second quarter of 2022. The market consensus for the GDP was at 0.4% growth. The actual data revealed a decline of -0.9%.

In April, the Advance GDP revealed a -1.4% decline for the first quarter of 2022. A second quarter of GDP decline, in some theories, marks a recession.

The EUR/USD reacted to the news with an immediate surge of 26 base points or 0.25%.

Back to articles

Actual Topics

Tue, 02 Aug 2022 09:24:38 GMT

RBA hikes 0.50%, as expected

On August 2, the Reserve Bank of Australia hiked its Cash Rate from 1.35% up to 1.85%. The 0.50% hike was expected, as most central banks have been tightening monetary policy to fight inflation that has been rampant in the aftermath of the coronavirus stimulus. In addition, the central bank published its Rate Statement. In general, the central bank wants to

Wed, 27 Jul 2022 19:32:38 GMT

Fed hikes by 0.75%

On July 27, the US Federal Reserve hiked its Federal Funds Rate by 0.75%, by bringing the Federal Funds Rate up to 2.50%. The markets expected the 0.75% hike, despite speculations of a possible 1.00% hike. In addition, note the released Federal Open Market Committee Statement, which consists of the reasoning for the rate hike. Afterwards, at 18:30 GMT, the head

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.