Richmond Fed Composite Index: -13 (Forecast -7, Previous -4)
US100 rebounds more than 2% today, ignoring weaker than expected US macro readings and lowered US GDP by IMF (to 1.8% vs 2.7% exp.). Richmond Fed came in weaker than expected in employment, new orders and sentiments benchmarks. Price expectations came in higher, because of the trade war risk.
Source: XTB Research, Bloomberg Finance L.P.
BREAKING: Mixed JOLTS & University of Michigan data❓
BREAKING: Canada Labor market keeps deteriorating 📉
BREAKING: PCE in lane, GDP growth slows down! 🔥🚨
Economic Calendar: U.S. PCE Reading in the Spotlight!