At 8:30 AM, a better than
expected headline reading on US Q1 GDP (2.3 % vs. exp.
While economists were
expecting the headline reading to come in at a level of 54.5, the actual reading was a bit weaker at 53.0.
Not exact matches
The lower lows and lower highs, along with the break below the 200 - day moving average, presently situated at 1.3645, Domestic focus for the pound is now on today's release of the April services PMI, where we
expect a 53.5
headline after a weak, weather - impacted 51.7
reading in March.
While economists were
expecting the
headline index to come in at a level of 58.0, the actual
reading was notably weaker at 56.8.
If we get a strong
headline reading and better than
expected growth in wages, we will likely see investors move more into stocks and out of bonds, pushing up the Treasury yields and mortgage rates.
And so the pound found itself getting swamped by a fresh wave of sellers on most pairs until the U.K.'s latest services PMI report took away some of the disappointment and provided the pound with some support since the
headline reading improved slightly to 53.6 instead of holding steady at 53.2 as
expected.
Also, month - end and quarter - end positioning helps to explain why the euro just shrugged off the flash estimate for the Euro Zone's September HICP, even though the
headline reading came in at 1.5 % year - on - year (1.6 %
expected, 1.5 % previous) while the core
reading printed a 1.1 % increase (1.2 %
expected, 1.2 % previous).
, even though the
headline reading came in at 1.5 % year - on - year (1.6 %
expected, 1.5 % previous) while the core
reading printed a 1.1 % increase (1.2 %
expected, 1.2 % previous).
Since yesterday I have been doing that a lot, when I
read a
headline that CNN ran titled: Crippled cruise ship
expected in San Diego on Thursday.
I'm sure a gaming site is probably the last place you
expected to
read the name Colin Kaepernick in a
headline.
As you'd
expect there isn't a ton you can do on a 1.2 - inch screen, and
reading CNN articles three words at a time or scrolling through Bloomberg
headlines just isn't in any way something I want to do on a watch.
«New tax law
expected to slow rise of home values, creating winners and losers,»
reads a
headline in the Chicago Tribune over a story from the Washington Post heralding the end of a tax code that subsidizes homeownership.
«New tax law
expected to slow rise of home values, creating winners and losers,»
reads a
headline in the