Atlanta Fed GDPNow Projects 5.0% Q3 Growth After Accurate Q2 Call
The Atlanta Fed's GDPNow model initiates its Q3 growth forecast at 5.0%, following its precise 1.5% Q2 estimate.
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The Atlanta Fed's GDPNow model initiates its Q3 growth forecast at 5.0%, following its precise 1.5% Q2 estimate.
The Australian Dollar advanced against the US Dollar, driven by broad USD weakness that overshadowed lower-than-expected Australian inflation data.
Natural gas prices, particularly the European TTF benchmark, are sustained by geopolitical risks and production issues, according to Rabobank.
The US Dollar experienced broad selling, particularly against the Japanese Yen, with price movements suggesting potential market intervention.
GivTrade has announced significant advancements in its multi-jurisdictional regulatory structure and operational transparency measures.
Major US stock indices experienced a significant rebound today, with technology-focused benchmarks showing the strongest performance after recent declines.
The USD/JPY pair has experienced a notable downturn, with market participants closely watching for potential Japanese intervention as it approaches critical support levels.
Bybit has broadened its Proof-of-Reserves (PoR) system to encompass ten additional digital assets, enhancing transparency for users.
A White House economic advisor suggests inflation is continuing to moderate and discusses the Federal Reserve's approach.
US Personal Consumption Expenditures (PCE) inflation for June aligned with forecasts, indicating a gradual easing of price pressures.
New US unemployment claims fell to 197,000, undershooting forecasts and signaling ongoing robustness in the national job market.
Germany's Consumer Price Index rose 0.8% month-over-month in July, exceeding analyst forecasts and indicating persistent inflationary pressures.
Germany's Harmonized Index of Consumer Prices (HICP) increased by 0.9% month-over-month in July, surpassing economists' predictions.
Germany's Harmonized Index of Consumer Prices (HICP) in July aligned with expectations, showing a 2.8% year-over-year increase.
Brazil's unemployment rate for July remained unchanged at 7.9%, aligning with market expectations and indicating a stable labor market.
Global financial markets showed varied responses to recent central bank policy updates, with the dollar retreating and Bitcoin advancing.
The Bank of England held its benchmark interest rate steady at 3.75% in its July meeting, aligning with market expectations.
XTB Institutional has expanded its commodity CFD portfolio and extended Friday trading hours, offering greater flexibility for institutional clients.
The USD/JPY currency pair saw a rapid 100-pip drop during European trading, followed by a modest rebound, amidst broader dollar weakening.
Hyperscale Data is funding a significant portion of its new artificial intelligence campus in Michigan by utilizing its Bitcoin reserves.
Bitget Wallet is launching Assetback, a new rewards program offering cashback in Bitcoin or physical gold for user activities.
Economic confidence in the Euro area continued its upward trend in July, reaching its highest point since February amidst broad-based improvements.
The Eurozone's preliminary Q2 GDP grew by 0.4% quarter-on-quarter, surpassing forecasts and suggesting economic resilience.
The Eurozone economy demonstrated stronger-than-anticipated annual growth in Q2, with GDP expanding by 1%, surpassing earlier predictions.
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