UK Revised GDP q/q 02/26/2010

Posted by Henry Liu on February 25, 2010 under Forex News Trade, Great Britain, UK GDP q/q | Be the First to Comment

4:30am (NY Time) UK Revised GDP q/q       Forecast 0.2%     Previous 0.1%
ACTION: GBP/USD          BUY 0.5%         SELL -0.1%

We’ll be focusing on the Revised GDP q/q from UK, which is also known as the second quarterly GDP release; GDP is defined as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  GDP is the basically direct measurement of the economy, and a stronger GDP means that the central bank will more likely raise interest rate as better economy usually brings higher inflationary pressure…

UK Prelim GDP q/q 01/26/10

Posted by Henry Liu on January 25, 2010 under Forex News Trade, Great Britain, UK GDP q/q | Be the First to Comment

4:30am (NY Time) UK GDP q/q       Forecast 0.4%    Previous -0.2%
ACTION: (GBP/USD)                               BUY 0.7%                 SELL 0.0%

We’ll be trading the much anticipated UK Prelim GDP q/q for Q4 2009.  As we know, GDP is defined as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  GDP is the basically direct measure of the economy’s health, and a stronger GDP means that the central bank will more likely to raise interest to curb inflation.

UK Revised GDP q/q 11/25/09

Posted by Henry Liu on November 24, 2009 under Forex News Trade, Great Britain, UK GDP q/q | Be the First to Comment

4:30am (NY Time) UK Revised GDP q/q       Forecast -0.3%     Previous -0.4%
ACTION: GBP/USD          BUY 0.0%         SELL -0.6%

We’ll be trading the Revised GDP q/q from UK, which is also known as the second quarterly GDP release; GDP is defined as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  GDP is the basically direct measure of the economy’s health, and a stronger GDP means that the central bank will more likely raise interest rate to curb inflation.

UK Prelim GDP q/q 10/23/09

Posted by Henry Liu on October 22, 2009 under Forex News Trade, Great Britain, UK GDP q/q | Be the First to Comment

4:30am (NY Time) UK GDP q/q       Forecast 0.2%    Previous -0.6%
ACTION: (GBP/USD)                               BUY 0.4%                 SELL -0.1%

We’ll be trading the Prelim GDP q/q, which is defined as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  GDP is the basically direct measure of the economy’s health, and a stronger GDP means that the central bank will more likely to raise to curb inflation.

UK Prelim GDP q/q 07/24/09

Posted by Henry Liu on July 23, 2009 under Great Britain, UK GDP q/q | 13 Comments to Read

4:30am (NY Time) UK GDP q/q       Forecast -0.3%    Previous -2.4%
ACTION: (GBP/USD)                               BUY 0.1%                 SELL -0.5%

Our focus will be on the GDP, is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.  GDP is the primary measure for the economy’s health, and a stronger GDP means that the central bank will more likely to raise interest rate.