Will the US GDP Figure Lead to Losses on the S&P 500?

By FOREXYARD,  July 27, 2012, 05:23:40 AM EDT

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At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the US Advance GDP figure, set to be released today at 12:30 GMT. The figure tends to have an impact throughout the marketplace. As can be seen in the chart below, worse than expected GDP data in January resulted in a significant drop for the S&P 500.
S&P2

Don't miss out on another opportunity to capitalize on market volatility!

Analysts are concerned today's news will indicate a further slowdown in the US economy. If the Advance GDP figure comes in below the expected 1.5%, indices like the S&P 500 could see losses before markets close for the weekend. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



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