The US GDP report for Q3 2022 showed economic growth beating expectations. The US economy grew at an annualized pace of 2.6% while median consensus pointed to a 2.4% growth. However, durable goods orders data for September released simultaneously surprised to the downside with headline order growth coming in at 0.4% MoM (exp. 0.6% MoM). Ex-transportation orders dropped 0.5% MoM while market expected 0.2% MoM increase. US equity index futures moved higher on the news while EURUSD tried to reclaim 1.00 mark below which it dropped in the aftermath of ECB decision.
US500 jumped after better-than-expected Q3 GDP reading from the United States. Source: xStation5
Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues
BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal
Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)
BREAKING: First U.S. inventory decline in two months, mainly due to record exports
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
