The European Commission (EC) published economic forecasts for European Union countries on May 5th 2014. The forecasts are produced by the Directorate-General for Economic and Financial Affairs (ECFIN). Forex trading is strongly affected by economic growth. Reading the latest EC forecasts I was struck by how optimistic they are compared to recent private sector forecasts. In this article […]
Category Archives: Economic Growth
Many traders and investors carefully watch the release of economic indicators such as PMI data to get a glimpse of how the economy is performing. A release that is perceived as positive or negative can often move the markets. However, it is not always clear which economic indicators are the most important In this article […]