U.S. GDP exceeds expectations

Note: This section contains information in English only.
Source: Bloomberg
The economic growth in the second quarter was led by an increase in consumption and investment, which indicated that the slump in the first quarter was an anomaly. GDP went up 4% from April to June exceeding the forecast of economists. The increase was the same as the medial growth rate starting from July to December 2013, the strongest six-month growth in a decade. 
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Thu, 31 Jul 2014 08:47:14 GMT

US Dollar sees a powerful rise after GDP data

The Dollar is looking to the largest monthly gain against the Euro since last year's February with the US economic data showing extremely positive results. The Greenback has advanced against 15 of the other 16 major currencies as the GDP saw a 4% annualized growth this quarter. This and the strong employment numbers make the US future outlook quite promising.

Thu, 31 Jul 2014 08:25:12 GMT

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