Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Focus On Today's U.S. GDP Release

Published 03/30/2017, 02:20 AM
Updated 07/09/2023, 06:31 AM
NG
-

Here’s what we at The Trader Guy for watching for March 30: 1:30 PM GMT US Final GDP quarter over quarter is released. Expected to be 2.0%, a number higher than that should be good for the US dollar as it increases anticipation of interest rate hikes. A less than expected number could have a relatively negative effect on the greenback. 1:30 PM GMT US Unemployment Claims is released. Expected to be 244,000 for the week, a number higher than that is negative for the employment outlook, and therefore could have a bit of a negative knock on effect with the US stock indices.

Alternately, a number that is a lower-than-expected could be quite positive. 3:30 PM GMT US Natural Gas Storage figures are released, expected to be a drawdown of 37 billion. A number higher than that would be bullish for natural gas which had taken off to the upside during the Wednesday session. A less than expected draw would of course be negative as it would show demand falling off. Thank you for watching and see you again tomorrow. - See more here

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.