Story thread · 4 reports / 1 sources

investingLive Americas FX news wrap 30 Jul

investinglive.com · 12dShare

Snapback rally for the major indices. Amazon and Apple after the close. Dallas Fed Trimmed Mean +1.4% vs +2.7% in May BOE Bailey: Disinflation is proceeding but at a slow pace Atlanta Fed GDPNow initial estimate for Q3 is set at 5.0%. WH Advisor Hassett: Inflation is continuing to ease US June PCE inflation 3.7% vs 3.7%% expected. Core 3.3% vs 3.3% expected US initial jobless claims 197K versus 200K expected US Q2 advance GDP +1.5% vs +2.1% expected investingLive European markets wrap: Dollar extends post-Fed drop, BOE keeps bank rate unchanged The USD is mostly lower to kickstart July 30 trading in the NA session Thursday's economic calendar delivered a mixed but ultimately constructive picture of the U.S. economy. Growth slowed more than expected during the second quarter, but the details beneath the headline were stronger than they first appeared. Consumer spending accelerated sharply, inflation continued to cool, and the labor market remained remarkably resilient. Q2 GDP disappoint

First report: investingLive Americas FX news wrap 27 Jul: Oil was down sharply but the stocks, bonds, USD did not fully follow. — investinglive.com, 15d