- Annualized growth for Q2 (first reading): 3.0% (expected: 2.4%; previous: -0.5%)
Core personal consumption expenditure (PCE) index (quarterly): 2.5% (expected: 2.4%; previous: 3.5%)
Consumer spending price index: 2.1% (previous: 3.7%)
GDP deflator: 2.0 (expected: 2.2%; previous: 3.8%)
Consumption: 1.4% (expected: 1.5%; previous: 0.5%)
As expected, the largest contribution comes from net exports. This amounted to almost 5%, significantly higher than the forecasts, which indicated slightly over 4%. As expected, there was a marked decline in inventories and solid consumption, albeit slightly slower than the average for recent years: However, it should be noted that the Q1 and Q2 readings are heavily distorted by trade and inventory issues. If these factors were eliminated, growth would not have been so strong.
Daily Summary: End of an Extremely Intense Week (19.06.2026)
Three markets to watch next week: EURUSD, OIL, NASDAQ (19.06.2026)
🚩 Gold loses 1.5% as Goldman Sachs cuts its 2026 bullion price target
Market wrap: Limited volatility and a strong dollar
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.
