Saturday , 23 November 2024
Home Forex Atlanta Fed GDPNow Q1 +2.5% vs +2.8% prior
Forex

Atlanta Fed GDPNow Q1 +2.5% vs +2.8% prior

  • Prior was 2.8%

Trade will be a larger drag in Q1:

“After this morning’s international release from the US Census Bureau and
the US Bureau of Economic Analysis, the nowcast of the contribution of
net exports to annualized first-quarter real GDP growth decreased from
-0.48 percentage points to -0.57 percentage points.”

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Your email address will not be published.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

CCI Histogram Volume MT5 Indicator

The world of financial markets can feel like a whirlwind of charts,...

Global Market Weekly Recap: November 18 – 22, 2024

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...

FX Weekly Recap: November 18 – 22, 2024

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...

Gold closes week above $2,700, US PCE data in Focus

Gold price rallies to a new two-week high on Friday during the...