Australian Dollar Threatened As Lending Shrinks To Lowest In 14 Years, Points To Rate Cuts
Australian Dollar Threatened As Lending Shrinks To Lowest In 14 Years, Points To Rate Cuts
The Australian Dollar could face downward pressure from additional interest rate cuts as the RBA tries to boost credit access after lending to the private sector dropped to the lowest in over a decade. The Euro and British Pound kept to […]
KOF Economic Barometer Points To GDP Contraction
KOF Economic Barometer Points To GDP Contraction
KOF Economic Barometer Actual -0.39, Expected -0.26, Previous -0.04 (Revised from -0.05)
Release Explanation: This Swiss indicator is comprised of a number of leading business surveys assessing the current financial situation and announcing economic expectation for the next three to six months.
Trade Desk Thoughts: The KOF Economic Barometer continued to […]
Swiss KOF Points To A Flat GDP
Swiss KOF Points To A Flat GDP
Swiss KOF Economic Barometer Actual -0.05, Expected 0.19, Previous 0.28 (Revised from 0.35)
Release Explanation: The overall economic health barometer is called the Leading Index. It measures 12 components of the economy including; consumer sentiment, new industrial. orders, housing permits, equity prices, average hourly rate, interest rate spreads.
Trade Desk Thoughts: […]