NY Fed Nowcast: GDP growth 2.9% for 2017:Q1 and 2.6% for 2017:Q2

According to the Federal Reserve Bank of New York Staff Nowcast report, negative news from consumption data reduced the nowcast by about one-tenth of a percentage point for both quarters.

  • The FRBNY Staff Nowcast stands at 2.9% for 2017:Q1 and 2.6% for 2017:Q2.

NZD/USD struggling to recover above 0.70 mark

Following a drop to a new two-week low at 0.6975, the NZD/USD corrected some of the daily losses, but the pair is having a difficult time moving back
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IFOP poll: Macron to beat Le Pen in the 2nd round

According to the most recent French election poll by IFOP: Second round: Macron to beat Le Pen unchanged (prev. 60/40)
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