The key publication of the day is due at 3:30 pm (GMT+2) in the US, where the final GDP data for the third quarter of the year will be released. According to forecasts, the index will at best remain unchanged from the preliminary figure of 2.1%, and at worst will decline to 1.9%, which might pressure the US Dollar. It is worth noting that falling consumer spending in the US might mean that the third quarter GDP could come out lower than the second quarter figure.

Materials published on this page are provided by LiteForex for informational purposes only and should not be construed as investment advice or advice for the purposes of 2004/39/EC Directive. In addition, these materials have not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the further distribution of investment research.

Follow us in social networks!
Live Chat
Leave feedback