Intraday Market Thoughts
Archived IMT (2010.07.22)
by
Jul 23, 2010 0:52
UK GDP FIGURES: Due at 8:30 am GMT (9:30 BST) The preliminary figure of UK Q2 GDP expected +0.5% q/q from +0.3% in Q1, which is the 3rd straight quarterly positive GDP growth. On a y/y basis, Q2 GDP exp +1.1% from 0.2%, the 1st positive y/y figure in 8 quarters. Positive figures could further boost GBPJPY to 133.70-80s especially in the event that risk appetite remains in positive mode. GBPUSD eyes $1.5320-30 but no break of $1.5340. Any negative disappointment could see a retreat towards $1.5180. The other part of the puzzle will be the outcome of the Stress Tests, which are due after the London close. EURUSD ooking for fresh attempt towards $1.2970.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14