Reminder:

Today At 6:30 Pm US Data Will Releases

USD Economic Data Announcement Today!

We have some key economic data coming out for the USD today, which can significantly impact market sentiment. Let's break down what to expect:

📊 Preliminary GDP q/q:

Actual:

Forecast: 3.8%

Previous: 3.8%

The GDP figure shows a slowdown compared to the previous quarter's performance. This could suggest a cooling in economic growth, which may influence market expectations for future interest rate decisions.

📊 Core Durable Goods Orders m/m:

Actual:

Forecast: 0.6%

Previous: 0.6%

A lower-than-expected result for core durable goods orders could indicate reduced investment in long-lasting goods. This could be a sign of weaker business sentiment and demand.

📊 Durable Goods Orders m/m:

Actual:

Forecast: 0.5%

Previous: 0.5%

A sharp decline here, far worse than the forecast, may raise concerns about a contraction in manufacturing and demand. This is a critical number to watch as it often reflects trends in industrial production.

📊 Preliminary GDP Price Index q/q:

Actual:

Forecast: 2.7%

Previous: 2.1%

The GDP price index measures inflation and has come in at the forecasted rate, signaling that inflationary pressures remain elevated.

Implications for the Market:

A weaker-than-expected GDP and durable goods orders could signal economic slowdowns, which might result in cautious market behavior. This may lead traders to adjust their positions, with a potential weakening of the USD if concerns about economic growth persist.

On the flip side, if the market sees resilience despite the disappointing numbers, we might see a stabilization or even a short-term bullish move, especially if there’s optimism about the broader economy.

📉 Be prepared for market volatility around these data points as traders react to the latest numbers! Stay sharp and adjust your strategies accordingly. #CPIWatch #BTCVSGOLD #TrumpTariffs #WriteToEarnUpgrade #USJobsData