3:33 PM · 22 April 2025

BREAKING: Richmond Fed well below markets expectations🗽US100 rebounds 2%

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.

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Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street

Economic reports

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