What to expect from Friday's GDP report | Metals Mine

  • What to expect from Friday's GDP report

    From cnn.com

    Boeing's 737 Max crisis has wreaked havoc on the airline industry. It may have made a dent in the US economy, too. The Commerce Department will release its US GDP report for the second quarter Friday. Sluggish activity in the manufacturing sector, including Boeing's 737 Max production slowdown, is expected to be part of the reason the US economy grew less in the second quarter, compared with the first three months of the year. Boeing slowed production of its bestselling 737 Max jet last quarter as it works on a software fix to get the planes flying again. Boeing (BA) said this week it might temporarily shut down ... (full story)

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EventsTrader
Jul 25, 2019 5:26pm
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GDP is turning out to be a highly anticipated event. It seems like as we get closer to the event, the more bearish sentiment is entering the market.

We've had some good discussions related to what to expect and possible outcomes, including scenarios that might play out. Tell us what you think might happen tomorrow. Check out these two previews in the High Impact Events Trading... Gold & Copper thread. You'll find out how gold and the USD (eur/usd and usd/jpy) have been and might be impacted.
- GDP preview #1
- GDP preview #2

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