Economic Update of The Day

Advance GDP q/q data will be released today which measures Annualized change in the inflation-adjusted value of all goods and services produced by the economy. It will have a minor impact on US dollar which will affect base metal and bullion prices.


Advance GDP Price Index q/q data will be released today which measures Annualized change in the price of all goods and services included in GDP. It will have a minor impact on US dollar which will affect base metal and bullion prices.


Employment Cost Index q/q data will be released today which measures Change in the price businesses and the government pay for civilian labor. It will have a minor impact on US dollar which will affect base metal and bullion prices.


Chicago PMI data will be released today which measures Level of a diffusion index based on surveyed purchasing managers in the Chicago area. It will have a minor impact on US dollar which will affect base metal and bullion prices.


Revised UoM Consumer Sentiment data will be released today which measures Level of a composite index based on surveyed consumers. It will have a minor impact on US dollar which will affect base metal and bullion prices.


Revised UoM Inflation Expectations data will be released today which measures Percentage that consumers expect the price of goods and services to change during the next 12 months. It will have a minor impact on US dollar which will affect base metal and bullion prices.

Courtesy- commodityonline