Atlanta Fed GDPNow growth estimate for Q3 dips to 3.8% from 3.9% previously.The next GDPNow update will be no later than Friday, December 5. The first model nowcast for fourth-quarter GDP growth will not occur before Tuesday, December 23.
United States Factory Orders (MoM) registered at 0.2%, below expectations (0.5%) in September.United States Factory Orders (MoM) registered at 0.2%, below expectations (0.5%) in September
US Dollar Forecast: DXY Weakens as Jobless Claims and PMI Data Drive Bearish Fed Outlook.DXY slides as Fed rate-cut bets grow, jobless claims fall, and PMI data steady. Sellers target lower levels while global currencies strengthen against the dollar.