Further Deceleration In Nowcasted “Core GDP”
Just under two months ago, GDPNow’s estimate of the contribution of final sales to private domestic purchasers to GDP growth (q/q AR) was 2.84%, close to the Survey of Professional Forecasters’ median; now it’s 2.15%.
FX Daily: Dollar Stabilizes As Markets Digest Fed Signals
The US dollar stabilizes after post-Fed selling, pressured by lower rate expectations and seasonality.
BTC/USD Forecast: Faces Pressure Amid Fed Uncertainty
Bitcoin remains under pressure following the Fed's rate cut, with conflicting technical patterns adding to market indecision.
Policy Pivots Driving Market Rotation
Global markets are rapidly repricing as central banks pivot policy in response to slowing growth.
Sensex Today Trades Higher; Adani Ports & Tata Steel Top Gainers
Indian share markets are trading higher today, with the Sensex trading 407 points higher, and the Nifty is trading 127 points higher.
