Forex Fundamental Analysis and News

Forex Fundamental Analysis and News attempts to gauge the overall state of the economy, by evaluating factors such as interest rates, production, earnings, and investor confidence. Forex Fundamental Analysis and News attempts to determine the real value of a currency based on the condition of the factors underlying the respective economy.

Daily Forex News

Morning Briefing: Wednesday 24, August 2016

Stronger data lift spirits, but gains in check ahead of Yellen

Sentiment was predominantly positive yesterday after some optimistic numbers helped to ease some of the concerns in investors’ minds. August Manufacturing PMI in Japan came in stronger and even during the european session we saw that overall EZ August PMI numbers were relatively positive as well. In the EZ, Manufacturing held well despite easing from 52 to 51.8 and services expanded to 53.1 from a previous 52.9.

Full Briefing

Calendar

Economic Calendar: Wednesday 24 August 2016

Last updated 1 day ago at 12:17pm

  • Germany

    GDP Final q/q

    High Impact
    Previous: 0.7%Forecast: 0.4%Actual: -
  • Germany

    GDP Final Y/Y

    High Impact
    Previous: 1.5%Forecast: 3.1%Actual: -
  • United States

    Existing Home Sales

    Medium Impact
    Previous: 5.57MlnForecast: 5.53MlnActual: -
  • United States

    Existing Home Sales M/M

    Medium Impact
    Previous: 1.1%Forecast: -0.4%Actual: -

    It is a monthly measure of the sales of previously owned single-family houses. It is a good indicator of housing market conditions and can be an important indicator of overall conditions in the economy as sellers usually use capital gains on consumption which stimulate the economy.

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