NY Fed GDP Nowcast (Q1 2026): 2.36% (prev. 2.31%), Q2 26 2.81% (prev. 2.75%)
The NY Fed's GDP Nowcast reveals a slight upward revision for Q1 2026 from 2.31% to 2.36% and an increase for Q2 from 2.75% to 2.81%.
Iran's Foreign Minister Araghchi is travelling to Islamabad to deliver Tehran's response to a US peace deal proposal, NYT reports
Pakistani journalist Mallick says the visit of the Iran Foreign Minister to Pakistan will not be brief, contrary to reports; adds the Minister arrives later tonight
NY Fed GDP Nowcast (Q1 2026): 2.36% (prev. 2.31%), Q2 26 2.81% (prev. 2.75%)
US awards up to USD 3.2bln in Golden Dome contracts to companies including Lockheed Martin (LMT), General Dynamics (GD), SpaceX, and Anduril
Iran stock market trading will be suspended next week, commodity exchange trading and other capital market instruments will continue unchanged, IRIB News reports
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This positive trend may suggest stronger economic momentum which could influence the Fed's policy stance, potentially supporting a hawkish outlook on interest rates if growth continues to surprise positively.
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