Real gross domestic product (GDP) in the United States is expected to grow 3.7% in the third quarter of 2021, down from 5.3% on September 1, it showed on Thursday the latest GDPNow report from the Federal Reserve Bank of Atlanta. “Following this morning’s releases from the Bureau of Economic Analysis and the US Census […]
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The US dollar index accelerates to the rise and recovers 93.00
DXY rises even higher and surpasses the 93.00 level. US Q2 Advanced GDP surprised to the upside. The Fed’s Bullard said that house price gains remain a concern. The dollar gains traction and climbs to daily highs just above 93.00 when tracked by the US dollar index (DXY). US Dollar Index Rebounds Away From 92.80 […]
Dollar licks its wounds and cryptocurrencies recede ahead of GDP and US jobless claims
This is what you need to know to trade today Thursday, August 26: Markets have cooled off Thursday after another bullish session on Wednesday. Investors are turning their attention to an update on GDP and US jobless claims on Thursday ahead of Powell’s speech from the Fed on Friday. The news about Covid is also […]
Atlanta Fed GDP rises to 6.2% for the third quarter following the latest US data.
Real U.S. gross domestic product (GDP) is expected to grow 6.2% in the third quarter of 2021, up from 6% on Aug. 6, the latest gdpnow report from the Federal Reserve Bank of Atlanta showed on Tuesday. . “Following recent publications by the United States Bureau of Labor Statistics, the United States Department of the […]
EUR / GBP near two-week highs around the 0.8530 region
EUR / GBP gains strong positive traction on Tuesday and soars to nearly two-week highs. Concerns that job losses will increase after the aid program ends weigh on the GBP. Eurozone economic data failed to impress the bulls or give any boost. The crossing EUR/GBP maintains its strong shopping tone and remains stable near the […]
Preliminary GDP reaches 2.0% in the second quarter
The eurozone economy rebounded 2.0% quarter-on-quarter in the second quarter of 2021, equaling the 2.0% expected and the 2.0% seen previously, as confirmed by the second reading on Tuesday. On an annualized basis, the bloc’s GDP rate expanded by 13.6% in the second quarter compared to the 13.7% seen in the first estimate, while it […]
EUR / GBP clings to modest gains, below 0.8480
EUR / GBP is rebounding modestly from this year’s lows. Mixed economic data from the UK was not enough to boost the pound. The EUR / GBP cross managed to recover around 25 pips from daily lows and climbed to 0.8475. It is trading in positive territory, below the immediate resistance band of 0.8480 / […]
Atlanta Fed GDP now remains little changed at 6% for the third quarter after the latest US data.
Real gross domestic product (GDP) in the United States is expected to grow 6% in the third quarter of 2021, down from 6.1% on August 5, showed on Friday the Latest GDPNow report from the Federal Reserve Bank of Atlanta. “After this morning’s release of the US Bureau of Labor Statistics report on the employment […]
Australia Faces Deep GDP Contraction In Q3 – Ian Harper
The Australian economy prepares for a deep contraction in the third quarter and a growing uncertainty for the fourth quarter due to the lengthening of the restriction measures in the main citiessaid the member of the board of directors of the Reserve Bank of Australia (RBA), Ian Harper, to the Wall Street Journal (WSJ). “Still, […]
Atlanta Fed GDP rises to 6.3% for the third quarter after the latest US data.
Real GDP in the United States is expected to grow 6.3% in the third quarter of 2021, up from 6.1% on July 30, the latest gdpnow report from the Federal Reserve Bank of Atlanta showed on Monday. “After this morning’s ISM Manufacturing Report on Business from the Institute for Supply Management and the US Construction […]
