Volatility: US will release the first estimate of Q3 GDP on Friday

October 27, 2016

Friday news from America.

Volatility: US will release the first estimate of Q3 GDP on Friday

The United States will release the first estimate of Q3 GDP on Friday, October, 28 at 15:30 EET.

The higher American economic growth is, the bigger the odds of the Federal Reserve’s rate hike in December get and the stronger the US dollar becomes versus other currencies.

On the other hand, if the US GDP disappoints, traders will sell the US currency.

Either way, the release should move the market.

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