Page 4 of 4 FirstFirst ... 234
Results 31 to 33 of 33
  20 20 Attachment(s)    

Thread: ForexMart's Forex News

  1. #31


    July 31. EU GDP collapses by record 14.4%

    According to the statistical agency Eurostat, the GDP of the EU countries in the II quarter fell by 14.4% in annual terms. On a quarterly basis, the indicator decreased by 11.9%. In the first three months of the year, the EU economy contracted by 3.6%. Figures like these signal that the European economy has entered a recession.

    Earlier in July, the European Commission presented its forecast for changes in Europe's GDP: experts expected the economy to decline by 8.3%.

    At the same time, the economies of 19 eurozone countries contracted by 12.1% in the second quarter and by 15% – in annual terms. Analysts had expected a decline of 11.2% and 13.9%, respectively.

    The fall in all indicators has become the sharpest and strongest since 1995 – since the beginning of statistics.

  2. #32


    August 03. The PMI index of the industry of the eurozone in July rose to 51.8 points

    According to the research organization Markit Economics, the index of business activity (PMI) in industrial production of 19 eurozone countries in July rose to 51.8 points against 47.4 points in June. Analysts predicted that the indicator would rise to the level of preliminary estimates of 51.1 points.

    At the same time, industry PMI in Germany, according to final data, rose to 51 points from 45.2 points in June. PMI in France in July increased to 52.4 points from 52.3 points in June.

    Analysts had expected the German index to rise to 50 points and the French to 52.

  3. #33


    August 04. Gold rises in price on increasing geopolitical risks

    On Tuesday evening, the price of gold started to rise sharply, reaching $ 2.001 per troy ounce. The growth driver was fears of further deterioration in relations between the United States and China.

    Market participants continue to follow the news around the TikTok app, owned by the Chinese company ByteDance. Earlier, it became known that US President Donald Trump announced plans to ban TikTok on the grounds that this Chinese company, by law, must transfer user data to the PRC authorities.

    Trump's actions are forcing TikTok to sell its US assets to an American company, which was seen by the Chinese authorities as another provocation and led to increased tensions between the two countries.

    As a result, market players prefer to ditch risky assets in favor of safer ones, which traditionally include gold.

Similar Threads

  1. Company News by ForexMart
    By Andrea ForexMart in forum Brokers
    Replies: 408
    Last Post: 06-08-2018, 03:06
  2. Forex Analytics By Forexmart
    By Andrea ForexMart in forum Technical analysis
    Replies: 6
    Last Post: 02-03-2016, 04:24
  3. Forex Trading News
    By painofhell in forum Trading discussion
    Replies: 0
    Last Post: 11-05-2014, 21:45

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

GadgetVersus GadgetVersus France W3Ask W3Ask Brasil W3Ask Deutschland W3Ask Espaņa W3Ask France W3Ask Italia W3Ask Nederland