US Advance GDP

US Advance GDP

The United States will publish advance GDP for the third quarter at 15:30 MT time on October 27. 
Advance GDP is the first out of three estimates of the US economic growth and the market is always taking great interest in it. This time this interest will be even higher than usual as traders will want to see how strongly hurricanes Irma and Harvey affected the American economy. Many economists have lowered their forecasts for Q3 GDP. Weak data will certainly provoke a selloff in the USD.     


Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

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