Month: March 2018

Forex headlines for North American trading on March 29, 2018: Markets: Gold flat at $1324 S&P 500 up 36 points to 2640 WTI crude up 54-cents to 64.92 US 10-year yield down 5 bps to 2.73% — a 7-week low JPY leads, GBP lags The FX market decided three days this week was plenty of
Rebounds in the latest report. The Atlanta Fed GDPNow estimate for first-quarter GDP growth jumped to 2.4% from 1.8% reported last Friday.  In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.4 percent on March 29, up from 1.8 percent on March 23.
Canada January GDP data now out 29 March 0.2% prev revised up from 0.1% yy  2.7% vs 2.9% exp vs 3.4% prev rev up from 3.3% Soggy headlines but tempered by better revisions. Still a disappointing report and I’m sure our man in Canada will have something to say on it in due course. First