The economic agenda for the day begins with the Japanese GDP which came in at a weaker than expected value of 0.3%. We have the wholesale inventory
The economic agenda for the day begins with the Japanese GDP which came in at a weaker than expected value of 0.3%. This is then followed by the February trade balance data from China which came in at -60 billion which was a shocker as the expected value was over a 100 billion.
Then during the London session we have the German Industrial production which came in at 2.8% against the consensus of 2.5%. Then we have the UK Budget statement which comes in at the right time for the floundering pound and it is expected that the Budget release would be used to paint a rosy picture of the Uk economy.
Moving on, we have the wholesale inventory and the crude oil inventory from the US which has been tapering off in recent times.
Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.
