Atlanta Fed GDPnow (Q2): 3.5% (prev. 3.7%)
The Atlanta Fed's GDPNow estimate for Q2 has been revised down to 3.5% from 3.7%, indicating slightly less robust growth expectations.
Streeting ready to launch leadership challenge against Starmer, The Telegraph reports; he has recruited enough MPs to trigger a contest, with supporters calling for him to strike after local elections next week
US FX WRAP: Dollar helped by Trump tariff threats and dissatisfaction of latest Iran proposal
Atlanta Fed GDPnow (Q2): 3.5% (prev. 3.7%)
CRUDE WRAP: WTI (M6) SETTLES USD 3.13 LOWER AT USD 101.94/BBL; BRENT (N6) SETTLES USD 2.23 LOWER AT USD 108.17/BBL
US President Trump on Friday sent letters to Congress explaining that due to the ongoing ceasefire, he doesn't need its authorisation for ongoing military operations in Iran, NBC reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This minor adjustment may influence market sentiment regarding future Fed policy, potentially affecting interest rates as traders reassess the economic outlook. It could also play a role in currency movements, particularly for the USD, as growth forecasts are a key driver for forex valuations.
Related headlines
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes36 min ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week5 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI12 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 16 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday17 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest21 min ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates4 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)6 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)7 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging7 hours ago
- Newsquawk European Market Wrap - 8th September 202617 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 5 TICKS LOWER AT 107-1012 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes5 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20306 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs9 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies11 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL13 hours ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits16 hours ago
The whole workspace, free to try.
Try it free