US GDP (Q1) QoQ advance: 1.6% vs 2.5% exp. and 3.4% previously (GDP deflator seasonally adjusted: 3.1% vs 1.7% previously)
- US GDP price index: 3.1% vs 3% exp. vs 1.6% previously
- US Core PCE prices advance: 3.7% vs 3.4% exp. vs 2% previously
US jobless claims: 207k vs 215 k exp. and 212 k.previously
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile app- Continued jobless claims: 1,781 k vs 1,8135 k exp. vs 1,812 k previously
US Wholesale inventories: -0.4% vs 0.3% MoM vs 0.5% previously
- Retail inventories: -0.1% vs 0.4% previously
US Advance goods trade balance: -91,83 bln USD vs -91 bln USD exp. and -90,3 bln USD previously
US100 loses after the important US data
After weaker than expected GDP data with very low jobless claims and higher than expected price index, futures on Nasdaq 100 (US100) weakened as traders expect Fed members to be pressured and hawkish, despite not as strong as expected American economy momentum. The biggest risk is of course as higher prices meaning inflationary pressure.
Source: xStation5
Source: US Bureau of Economic Analysis, Bloomberg Finance LP, XTB Research
Source: US Bureau of Economic Analysis, Bloomberg Finance LP, XTB Research
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.