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.     


American home sales tack on

In February, American home sales rebounded firmly, underpinned by decent revenues in the South as well as West regions, although an everlasting shortage of homes on the market still appears to be an obstacle, which heads into the spring selling season…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

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