NY Fed GDP Nowcast (Q4): 2.71% (prev. 2.62%)
The NY Fed's Q4 GDP Nowcast updated to 2.71% from 2.62% suggests a slightly stronger growth outlook for the U.S.
US President Trump on Truth says "I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!"
Danish Artic Commander says have today invited US to join military exercise in Greenland, and awaiting reply; there are no Chinese or Russian ships observed near Greenland
NY Fed GDP Nowcast (Q4): 2.71% (prev. 2.62%)
Venezuela reportedly prepares to sell USD in local market
US President Trump and Netanyahu discussed Iran in a 2nd phone call, according to Axios
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economy. This upward revision could affirm market confidence in resilience and may influence perceptions around Fed rate policy moving forward, particularly if sustained. Traders should watch for potential impacts on USD and fixed income, as growth expectations play a crucial role in rate discussions.
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