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.     



Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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