The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
The important release may support the greenback
The United States will publish the advance GDP growth on July 26, at 15:30 MT time.
We all know that the GDP measures economic activity and shows the economic health of a country. There are three versions of US quarterly GDP releases. The advance release tends to be the most important out of them as it is the earliest one. Last time, the GDP growth improved by 3.2%. It supported the USD.
• If the advance GDP growth is higher than the expectations this time, the USD will rise;
• If the advance GDP growth is lower than expectations, the USD will fall.
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
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Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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