US Economy Shows Mixed Signals: GDP Steady at 2.8%, Services Sector Expands, Job Market Shrinks

One Million Trade - 2024-04-04 16:30:00

The latest US economic data presents a mixed outlook, with indicators like GDPNow and Non-Manufacturing PMI showing varied results. The recent decrease in jobs raises concerns about the labor market, impacting the forex market and potentially weakening the US dollar. Central banks may need to reassess their policies in response to these developments, with the Federal Reserve closely monitoring data for potential interest rate adjustments. Market participants should stay informed and adaptable amidst continued volatility for making informed investment decisions.


The latest economic data released today paints a mixed picture of the US economy, with the USD Atlan...Subscribe to access the full content