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

Evergreen buck heads north

On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…

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