Ex.ness Support
2015-05-18, 02:06 PM
Focus on Spain
http://s14.postimg.org/888477nhd/11201153_1125784150780848_1025369381019754360_o.jp g
This week we are looking to the Eurozone and recent movements in the euro, as we also look forward to the Spanish Grand Prix in Barcelona on Saturday.
It’s been a very exciting start to the season with some great racing so far. We now enter the first European race of the year where Ricciardo and Kvyat will be looking to challenge for places further up the grid and build on their solid start. Everyone here at EXNESS will be cheering on the drivers and our partners at Infiniti Red Bull Racing when qualifying starts on Saturday.
It has been a time of growing positivity in the Eurozone with the strengthening of the euro despite the continued drama in Greece. In April, the EUR/USD pair jumped by 4.5%, profiting from the weakness in the world's reserve currency.
In Q1 2015 the weak US macroeconomic data showed that the country’s GDP grew by only 0.2% year on year, while the GDP deflator was -0.1% for the same period; both of these indicators imply that the Federal Reserve will not be able to start tightening interest rate policy in June or anytime soon. However with this said, the US regulator believes the slump in the country's business activity is temporary.
Closer to home, April's departure of consumer inflation in the euro zone from negative territory signals the possibility of an earlier end to the ECB's asset purchase programme. We believe that the euro could grow to the level of 1.15 dollars in May.
learn more about EXNESS partnership with Infiniti Red Bull Racing:https://www.exness.com/infiniti-redbullracing
Follow Me : https://www.facebook.com/exnessss?ref=settings
http://s14.postimg.org/888477nhd/11201153_1125784150780848_1025369381019754360_o.jp g
This week we are looking to the Eurozone and recent movements in the euro, as we also look forward to the Spanish Grand Prix in Barcelona on Saturday.
It’s been a very exciting start to the season with some great racing so far. We now enter the first European race of the year where Ricciardo and Kvyat will be looking to challenge for places further up the grid and build on their solid start. Everyone here at EXNESS will be cheering on the drivers and our partners at Infiniti Red Bull Racing when qualifying starts on Saturday.
It has been a time of growing positivity in the Eurozone with the strengthening of the euro despite the continued drama in Greece. In April, the EUR/USD pair jumped by 4.5%, profiting from the weakness in the world's reserve currency.
In Q1 2015 the weak US macroeconomic data showed that the country’s GDP grew by only 0.2% year on year, while the GDP deflator was -0.1% for the same period; both of these indicators imply that the Federal Reserve will not be able to start tightening interest rate policy in June or anytime soon. However with this said, the US regulator believes the slump in the country's business activity is temporary.
Closer to home, April's departure of consumer inflation in the euro zone from negative territory signals the possibility of an earlier end to the ECB's asset purchase programme. We believe that the euro could grow to the level of 1.15 dollars in May.
learn more about EXNESS partnership with Infiniti Red Bull Racing:https://www.exness.com/infiniti-redbullracing
Follow Me : https://www.facebook.com/exnessss?ref=settings