Atlanta Fed's GDPNow fell to 1.1% for fourth quarter from 1.5%

According to the latest GDPNow report published by the Federal Reserve Bank of Atlanta, the real gross domestic product (GDP) in the United States (US) following today's macroeconomic data releases expected to expand by 1.1% in the last quarter of the year, lower than the 1.5% reported on October 31st.

The market largely ignored this publication and the US Dollar Index was last down 0.15% on the day at 97.20.

Earlier today, the ISM Manufacturing PMI came in at 48.3 to miss the market expectation of 48.9 and showed that the economic activity in the manufacturing sector continued to contract in October.

Nov 1, 2019

NY Fed's GDP Nowcast at 0.8% for fourth quarter of 2019

According to the Federal Reserve Bank of New York's latest Nowcasting Report published on Friday, the United States' (US) economy is expected to expan

Signs of life in China’s PMIs - ABN AMRO

"The PMIs in China paint an interesting picture. The NBS PMIs (they are the measures as published by the central bank) fell in October," noted ABN AMR