Heads up: Series of Top-tier Fundamentals Lining Up – US GDP is at the Top!

It’s been a quiet session, but not anymore as we have a series of high-impact economic events ready to be released during the US session.

• Prelim GDP q/q – The figures are releasing two hours from now (14:30 GMT). Fellas, the figure is expected to be 3.6% and it has the potential to shake the market. Be there to encash an opportunity.
• Crude Oil Inventories – EIA is releasing stockpile report at 18:00 (GMT). While the market is anxiously waiting for it to determine if it’s worth buying oil futures or not. We will see buying in crude oil if EIA reports a draw in inventories rather than build.
• Fed Chair Powell Speaks – As we discussed in the morning brief, chances are we won’t have something new from Powell, but still it’s worth the time. Traders will be there at 18:00 (GMT) for any clues about FED’s next move in 2019.

ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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