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πŸ”° SUMMARY OF US Q1 GDP REPORT:

πŸ”° 1. The U.S. economy contracted at an annual rate of -0.3%πŸ”» in the first quarter, compared to expectations for an increase of 0.2%.(That’s down from growth of 2.4% in Q4.)

πŸ”° 2. Real consumer spending rose by 1.8% Y/YπŸ”Ί, after increasing 4.0% in Q4.

πŸ”° 3. The GDP Price Index rose 3.7%πŸ”Ί, above estimates of 3.1%.

πŸ”° 4. Core PCE Prices rose 3.5%πŸ”Ί, after increasing 2.6% in Q4.

πŸ— Takeaway: Fears of stagflation are growing as the economy grinds to a halt and inflation ticks higher.

What will the Fed do now ??!

#USD #Gold
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Forex News | Fundamental
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πŸ”° TRUMP: THIS IS BIDEN'S STOCK MARKET, NOT TRUMP'S 😁😁

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πŸ”° S&P 500 OPENS 1.4% LOWER, NASDAQ DOWN 2.1%.

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πŸ”° PCE Price Index MoM: In Line

πŸ”° PCE Price Index YoY: Miss πŸ”»

πŸ”°Core PCE Price Index MoM: Beat πŸ”Ί

πŸ”° Core PCE Price Index YoY: In Line

πŸ”° Personal Spending: Beat πŸ”Ί

What will Jerome Powell do now?

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πŸ”° BREAKING: πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³ US reaches out to China for tariff discussions, Chinese media reports.

#USD #Gold #CNY #OilπŸ›’
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πŸ”° The most important news of today's, US Unemployment Claims , Final Manufacturing PMI , ISM Manufacturing PMI
, ISM Manufacturing Prices

GMT Time

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πŸ”° Financial institutions and bank order :

Thursday

1. How To Use These Order !?

2. Video !

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#STOCK,RISK ON! Stock futures higher, gold retreats

#USD πŸ”Ί mostly firmer ahead of ISM & Jobless Claims

#JPY πŸ”» tanks on BoJ dovish hold, forecasts cut

#GBP πŸ”Ί upward rev to PMI

#EUR πŸ”„ flat, markets closed for May Day

#AUD πŸ”» despite very strong trade data

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πŸ”° United States Initial Jobless Claims

Actual: 241K πŸ”Ί
Expected: 224K
Previous: 223K

25 min ago
#USD #Gold
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πŸ”° Pakistan Army Chief: Any Military Misadventure By India Will Be Met With A Swift, Resolute, And Notch-Up Response.

#OilπŸ›’ #Gold
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πŸ”° US ISM Manufacturing Mar: 48.7πŸ”Ί (est 47.9; prev 50.3)

- Prices Paid: 69.8 (est 73.0; prev 69.4)
- New Orders: 47.2 (est 45.0; prev 48.6)
- Employment: 46.5 (est 44.6; prev 47.6)

#USD #Gold
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πŸ”° Highs of the day for #USDJPY πŸ”Ίafter the feared collapse in ISM manufacturing doesn't materialize

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