GDP

On the face of it, Canada’s second-quarter GDP report looked good today at 2.1% annualized compared to 1.6% expected, and easily beating the Bank of Canada’s forecast of 1.5%.But the problem here is that the composition of growth was all…

The second edition of the US GDP reading has been upgraded to show: Faster expansion of 3.0% in Q2 2024 This is up from the initial figure of 2.8%. This also reflects a significant acceleration in economic growth compared to the first…

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Most Asian currencies rose on Thursday, albeit slightly, as the dollar's recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the…

The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a…

Written by Ankur Banerjee SINGAPORE (Reuters) - Sterling edged up on Thursday after strong British GDP data, while the euro held above $1.10, close to a more than seven-month high hit the previous day, supported by data showing slowing…

Israel’s fiscal deficit continued to widen in July, reaching 8.1% of GDP over the past 12 months, or NIS 155.2 billion, according to Finance Ministry General Accountant Yali Rotenberg, up from 7.2% of GDP at the end of…

Previous month 0.3%May GDP 0.2% vs. 0.1% estimate. Advanced GDP released with April report was 0.1%GDP rose 0.1% in June. Construction, real estate, leasing, finance and insurance sectors also rose, while manufacturing and wholesale trade…

The preliminary estimate of US GDP for the second quarter of 2024 showed Economy grows by 2.8%This is much faster than the expected 2.5% increase and almost double the downwardly revised 1.4% growth in the previous quarter!The Ministry…

Citigroup highlighted the key support level for the Japanese yen against the US dollar, noting that the pair maintained its position above the 152 level. This level was previously identified as an important resistance point throughout 2022…