The Bureau of Economic Analysis released US Prelim GDP data that came out lower than expected of 3.5 compared with forecasted 3.6%.
The Bureau of Economic Analysis noted: "Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2018, according to the "second" estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the "advance" estimate released in October. In the second quarter, real GDP increased 4.2 percent. "
Watch The Live Cover: Click Here
| Historical Data Table: Prelim GDP q/q | Economic Calendar for 30.11.2018 | ||||||||
| Date | 29.11.2017 | 28.02.2018 | 30.05.2018 | 29.08.2018 | 28.11.2018 | All Day | G20 Meetings | ||
| Actual | 2.60% | 2.50% | 2.20% | 4.20% | 3.50% | 13:30 PM | CAD GDP m/m | ||
| Forecast | 3.30% | 2.50% | 2.30% | 4.00% | 3.60% | 14:00 PM | US FOMC Member Williams Speaks | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.72383 | 0.72389 | 0.01% | AUD/USD | 57.76% | 42.24% | |||
| EUR/USD | 1.12863 | 1.12861 | 0.00% | EUR/USD | 51.65% | 48.35% | |||
| USD/JPY | 113.849 | 113.85 | 0.00% | USD/JPY | 34.00% | 66.00% | |||
| NZD/USD | 0.67945 | 0.6795 | 0.01% | NZD/USD | 53.12% | 46.88% | |||