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What to expect in the second quarter?

In the first quarter’s revised U.S. gross domestic product (GDP) numbers, we found consumer spending in the U.S. economy was slow, dragging U.S. economic growth lower. Going forward, I can’t help but to expect more of the same. We are already getting warnings from major financial institutions that U.S. GDP growth in the second quarter will be dismal. The Goldman Sachs Group, Inc expects the U.S. economy to grow at only 0.8% in the second quarter. The Royal Bank of Scotland Group and Barclays …
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Nadin5794 30 July

Все говорят о том ,что доллар более стабилен в среднесрочной перспективе,я отношусь к этому скептически,цифры аналитики только верхушка айсберга.Социальный и политический климат в Европе несколько спокойней будет всегда ,так как союзное государство стремится к выработке компромисса не прибегая к прямой конфронтации населением с руководством(госаппаратом),боюсь что американцы уже не пойдут на компромиссы после ипотечного кризиса,реформ министерства обороны и т.д...

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annatimone 30 July

Nadia, I think you are right. Dollar in a short term will be stable against Euro and major four (Euro, Swiss, Sterling and Japanese Yen). Since, US economy was expanding over the last year and a half, and Europe being stagnated, any surprising slowdown in the US (like housing) could bring more slowdown in Europe, which in return will create a drop in Euro and Sterling.

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Nadin5794 30 July

sooner or later the inflated digits of statistics should be given to real indexes, Europe in this sense is more pragmatic...

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I agree. I often suspect that economic data/reports in the United States are fixed and not real. Generally, news in the United States is bias. If you want to get a real story, look in European media.

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today I am once again convinced that both sides of this confrontation are very unstable and it is possible to wait for anything...

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Will the Canadian Dollar Increase in Value?

The Canadian dollar increased in value as Canadian retail sales numbers were released for the month of May. In April, these numbers were worse than expected with a -0.4% decrease in retail sales. That said, prior to the release of today's retail sales numbers, it was believed that the retail figures would increase slightly to 0.4% over April's numbers. However, much to everyone's surprise, Canada's retail sales increased by 1.9% in May - the most rapid rate of growth since over two years ago in…
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Nadin5794 avatar

в Канаде есть нефть и этим всё сказано..

Nadin5794 avatar

в Канаде есть лес и этим всё сказано..

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Hahaha! Simply put!...:)

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