Sage Investment Club

Atlanta Fed GDPNow remains steady at 3.5%. Tomorrow will be the last estimate for the 4Q.

The Atlanta Fed GDPNow model projects the fourth-quarter GDP at 3.5%. That is unchanged from the yesterday’s estimate. In their own words: “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 3.5 percent on January 19, unchanged from January 18 after rounding. After this morning’s […]

PBOC is expected to set the USD/CNY reference rate at 6.7090 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Heads up for later today:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-mlf-liquidity-injection-today-unchanged-rate-expected-but-some-expect-a-small-cut-20230115/" target="_blank" rel="follow" data-article-link="true">PBOC MLF liquidity injection today – unchanged rate expected (but some expect a small cut)</a></li></ul><p>PBOC Governor Yi Gang</p> This article was written by Eamonn Sheridan at www.forexlive.com. Source link