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German Prelim GDP q/q & EU Flash GDP q/q 02/12/10

by Henry Liu on February 11, 2010

2:00am German Prelim GDP q/q         Forecast 0.2%   Previous 0.7%
5:00am EU Flash GDP q/q       Forecast 0.4%      Previous 0.4%
Action: N/A

We’ll be looking at both German Prelim GDP for the 4th Quarter 2009 GDP measurement.  Since this is the first release of GDP for the quarter out of Germany, it is more likely to surprise the market than 2nd or 3rd releases.  Since Germany and France are the two largest members of the European Union, their GDP releases makes up over 50% of the entire EU, therefore we’ll be looking at the market during their scheduled release time.


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ECB Trichet Press Conference 08/06/09

by Henry Liu on August 5, 2009

8:30am (NY Time) EU Trichet Press Conference
ACTION: EUR/USD     BUY (Hawkish)   SELL (Dovish)

Trichet will deliver a statement along with a pretty-lengthy Q&A session after.  This press conference is usually very volatile and the market is always looking for Trichet’s tone for future ECB policies.  If Trichet is hawkish, then we will see EURO gain, if  Trichet is dovish, then we will see EURO losing against all other currencies.


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