Saturday , 21 September 2024
Home Forex US January business inventories 0.0% vs +0.2% expected
Forex

US January business inventories 0.0% vs +0.2% expected

  • Prior was +0.4% (revised to +0.3%)
  • Retail inventories +0.3% vs +0.3% prior

On net, the economic data today should lead to lower US Q1 GDP estimates and we should see that in the Atlanta Fed GDPNow tracker set to be released today. The current reading is +2.5%.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Global Market Weekly Recap: September 16 – 20, 2024

It was a hectic week in the global financial markets, as the...

FX Weekly Recap: September 16 – 20, 2024

Although the FOMC decision was the main event on everyone’s radars, there...

Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.

Mixed end to the day for the major indicesQualcomm has approached Intel...

USD/JPY Price Forecast: Records back-to-back days of gains, stays below 144.00

The USD/JPY registers gain for back-to-back days, yet it remains shy of...