#usq3gdpandseptemberpceduenextweek
Next week, a real “Super Thursday” storm is set to sweep across global markets! On Thursday, October 29 at 3:30 p.m. (Turkey time), the two most important indicators of the U.S. economy will be released simultaneously. 📊
🗓️ The schedule for this big day
🕒 3:30 p.m.: U.S. GDP for Q3 — Economic growth 🇺🇸🚀🕒 3:30 p.m.: September PCE Price Index — The Fed’s preferred inflation indicator
🇺🇸 1. U.S. Q3 GDP (growth)
The economy’s big report card, showing how much it has grown, is on its way!
🔍 Forecast: Strong growth of around 3.2% at an annualized rate is expected. Impact: If the figure exceeds expectations, it will confirm the strength of the U.S. economy and could strengthen the dollar (DXY) 💪. However, very strong growth could also revive inflation concerns.
🛒 2. September PCE (inflation) 📈
The price indicator the central bank, the Fed, pays the most attention to when making interest rate decisions!
🔍 Forecast: A monthly increase of around 0.3% is expected for core PCE. Impact: If the figure is low (showing a slowdown), gold and cryptocurrencies could soar 🚀. If it is high, Fed rate cuts could be jeopardized and markets could tumble 📉.
💡 In summary, what should we expect?
These two indicators released on Thursday will answer the question: “Is the economy growing, or is inflation getting out of control?” Since markets could see sharp swings (volatility), it’s best to be ready in front of your screen!
$APR
$CAP
$TA
Next week, a real “Super Thursday” storm is set to sweep across global markets! On Thursday, October 29 at 3:30 p.m. (Turkey time), the two most important indicators of the U.S. economy will be released simultaneously. 📊
🗓️ The schedule for this big day
🕒 3:30 p.m.: U.S. GDP for Q3 — Economic growth 🇺🇸🚀🕒 3:30 p.m.: September PCE Price Index — The Fed’s preferred inflation indicator
🇺🇸 1. U.S. Q3 GDP (growth)
The economy’s big report card, showing how much it has grown, is on its way!
🔍 Forecast: Strong growth of around 3.2% at an annualized rate is expected. Impact: If the figure exceeds expectations, it will confirm the strength of the U.S. economy and could strengthen the dollar (DXY) 💪. However, very strong growth could also revive inflation concerns.
🛒 2. September PCE (inflation) 📈
The price indicator the central bank, the Fed, pays the most attention to when making interest rate decisions!
🔍 Forecast: A monthly increase of around 0.3% is expected for core PCE. Impact: If the figure is low (showing a slowdown), gold and cryptocurrencies could soar 🚀. If it is high, Fed rate cuts could be jeopardized and markets could tumble 📉.
💡 In summary, what should we expect?
These two indicators released on Thursday will answer the question: “Is the economy growing, or is inflation getting out of control?” Since markets could see sharp swings (volatility), it’s best to be ready in front of your screen!
$APR
$CAP
$TA