GDP

Investing.com– Most Asian stocks were muted on Friday amid uncertainty over U.S. interest rates and the upcoming presidential election, while Chinese shares turned positive on data showing the economy grew as expected.  Technology stocks clocked relatively smaller losses, while chipmaker TSMC rallied to record highs on stronger-than-expected third-quarter earnings.  Regional…

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday, August 29, 2024. The U.S. economic calendar is packed with high-impact releases, including the Gross Domestic Product (GDP) report, Initial Jobless Claims, and…

U.S. activity data had largely underperformed until recently, raising concerns about an overly rapid economic slowdown. However, last week’s retail sales and industrial production reports provided some relief, prompting Goldman Sachs economists to revise their Q2 GDP growth to 2.3%. “Our estimate implies that GDP grew at a 1.9% annualized…

Investing.com– Most Asian stocks retreated on Monday following disappointing economic growth figures from China, while uncertainty over U.S. politics, following an assassination attempt on former President Donald Trump, also dented sentiment.  Markets were grappling with low trading volumes on account of a Japanese market holiday.  But losses in most Asian…