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engabood predicted bearish impact of Gross Domestic Product in the Fundamental analysis Contest

The GDP growth of the UK economy recorded no growth 0% last month. It wasn't performing well after two consecutive months in negative level. It's expected to record the same result as the recent 0%.
Other important news package release at the same time, Manufacturing production which expected to decrease (On MoM: to -0.1% from 0.2%, On YoY: to -1.6% from -1.2%), Industrial production which expected to decrease (On MoM: to 0% from 0.1%, On YoY: to -1.5% from -1.3%), Total business investment which expected to decrease (On QoQ: to -0.5% from 0%, On YoY: to -1.3% from 0.5%). Bearish for GBP/USD.

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engabood predicted bullish impact of Bank of Canada Business Outlook Survey in the Fundamental analysis Contest

The trade conflicts is affecting on Canadian economy so this will keep the interest rate unchanged . Bullish impact on USD/CAD.

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engabood predicted bullish impact of Building Permits s.a. in the Fundamental analysis Contest

The number of new building permits issued by the government decreased to -1.1% last month. It's expected to correct up to positive levels after the recent strong decrease to negative levels ( expected to increase to 2.1%) .
Bullish for NZD/USD.

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engabood predicted bullish impact of Consumer Price Index ex Food & Energy in the Fundamental analysis Contest

In the US, the core inflation rate stood at 0.2% MoM last month. It's expected to record the same result as the recent 0.2%.
Considering the other related important indicators, inflation rate YoY which increased to 2.1% from 1.8%, and inflation index n.s.a is expected to increase to 257.220 from 257.208.
Bullish for USD/JPY.

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engabood predicted bearish impact of Monthly Budget Statement in the Fundamental analysis Contest

The Federal budget balance decreased to -209 billion USD last month. Despite of expectations about an acrease might be recorded this month to -196.5 billion USD, the indicator wasn't performing well as the recent result was the lowest since March 2019.
Bearish for USD/JPY.

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engabood predicted bearish impact of Consumer Price Index in the Fundamental analysis Contest

In the UK, the inflation rate stood at 1.5% YoY last month. Inflation still weak as the recent result still at the lowest level since December 2016.
Other related news package showed weakness and expected to decrease, the retail price index (On MoM: to 0.1% from 0.2%, On YoY: to 2.1% from 2.2%), the core PPI output decreased on YoY to 1.1% from 1.3%, the PPI output decreased (On MoM: to -0.2% from -0.1%, On YoY: to 0.5% from 0.8%).
Bearish for GBP/USD.

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engabood predicted bearish impact of Industrial Production s.a. in the Fundamental analysis Contest

In Eurozone, the industrial production decreased to -0.5% MoM last month. The indicator wasn't performing well as it was the second consecutive decrease and in negative level. In addition, it's expected to record the same result as the recent -0.5%. On YoY: the indicator decreased to -2.2% from -1.7% and expected to decrease further to -2.3%.
Trade balance in Eurozone release at the same time and is expected to decrease to 17 billion EUR from 28 billion EUR.
I see bearish impact on EUR/USD.

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engabood predicted bullish impact of Producer Price Index ex Food & Energy in the Fundamental analysis Contest

In the US, the core PPI decreased on YoY to 1.3% last month. Expectations are talking about an increase might be recorded as a correction up after three consecutive decreases reaching the lowest since February 2017.
Considering the PPI YoY which is expected to increase to 1.2% from 1.1%.
other important indicator release at the same time and recorded improving, the NY empire state manufacturing index which increased to 3.5 from 2.9.
bullish for USD/JPY.

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engabood predicted bearish impact of Harmonized Index of Consumer Prices in the Fundamental analysis Contest

The Germany Harmonised inflation rate increased on YoY to 1.5% recently. It was the highest since July 2019 but it's expected to decrease to 1.2%. On MoM, the indicator is also expected to decrease to negative level to -0.8% from 0.6%. Inflation rate is also expected to decrease on YoY to 1.1% from 1.5%.
I see bearish for EUR/USD.

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engabood predicted bullish impact of Central Bank Reserves $ in the Fundamental analysis Contest

In Russia, the foreign exchange reserves increased last week to 549.0 billion USD, from 548.7 billion USD in the previous week. The indicator is keep increasing steadily since years. Bullish impact on USD/RUB.