US GDP Data Disappoints as Consumer Spending Slows in Q3

US GDP Data Disappoints as Consumer Spending Slows in Q3 https://www.dailyfx.com/forex/market_alert/2021/10/28/US-GDP-Data-Disappoints-as-Consumer-Spending-Slows-in-Q3-RS.html The first glimpse at US GDP for Q3 has reflected a slow down in consumer spending

About Post Author

anycurrency

anycurrency@outlook.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

DailyFX - Market News FX

Japanese Yen slides to nearly two-week low vs. USD amid fiscal and political concerns 4 February 2026

The Japanese Yen (JPY) continues with its relative underperformance on Wednesday amid concerns about Japan's fiscal health under Prime Minister Sanae Takaichi's expansionary spending policy.

WTI drifts higher above $63.50 after US shoots down Iranian drone 4 February 2026

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.75 during the Asian trading hours on Wednesday. The WTI price edges higher amid fears of rising tensions between the United States (US) and Iran.

Australian Dollar holds ground as China's Services PMI rises in January 4 February 2026

The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday after registering over 1% gains in the previous session. The AUD/USD pair holds ground after China's Services Purchasing Managers' Index (PMI) rose to 52.3 in January from 52.0 in December.

China’s RatingDog Services PMI rises to 52.3 in January vs. 51.8 expected 4 February 2026

China's Services Purchasing Managers' Index (PMI) climbed to 52.3 in January from 52.0 in December, the latest data published by RatingDog showed on Wednesday. This figure came in stronger than the expectations of 51.8.

China RatingDog Services PMI came in at 52.3, above expectations (51.8) in January 4 February 2026

China RatingDog Services PMI came in at 52.3, above expectations (51.8) in January

PBOC sets USD/CNY reference rate at 6.9533 vs. 6.9608 previous 4 February 2026

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9533 compared to the previous day's fix of 6.9608 and 6.9385 Reuters estimate.

EUR/USD consolidates above 1.1800 as trades await Eurozone CPI and US data 4 February 2026

The EUR/USD pair struggles to capitalize on the previous day's modest bounce from the 1.1780-1.1775 area, or over a one-week low, and oscillates in a narrow band during the Asian session on Wednesday.

USD/JPY strengthens above 155.50 on Japan's political uncertainty 4 February 2026

The USD/JPY pair gains momentum to around 155.85 during the early Asian trading hours on Wednesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) amid political uncertainty in Japan.

Japan Jibun Bank Services PMI came in at 53.7, above forecasts (53.4) in January 4 February 2026

Japan Jibun Bank Services PMI came in at 53.7, above forecasts (53.4) in January

Gold Price Forecast: XAU/USD recovers above $4,950 as US-Iran tensions boost safe-haven demand 4 February 2026

Gold price (XAU/USD) trades in positive territory near $4,985 during the early Asian session on Wednesday. The precious metal extends the rebound after a historic and volatile sell-off last week. Traders weigh the next round of US economic signals and the broader demand for safe-haven assets.

New Zealand ANZ Commodity Price climbed from previous -2.1% to 2% in January 4 February 2026

New Zealand ANZ Commodity Price climbed from previous -2.1% to 2% in January

NZD/USD holds positive ground near 0.6050 after New Zealand’s employment report 3 February 2026

The NZD/USD pair holds positive ground near 0.6050 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). Increased US policy volatility continues to drag the Greenback lower against the New Zealand Dollar (NZD).

GBP/USD consolidates ahead of Bank of England rate decision 3 February 2026

The Pound Sterling (GBP) traded in a narrow range against the US Dollar (USD) on Tuesday, edging modestly higher to near 1.3700 as markets adopted a cautious stance ahead of the Bank of England's (BoE) first policy decision of 2026.

New Zealand GDT Price Index up to 6.7% from previous 1.5% 3 February 2026

New Zealand GDT Price Index up to 6.7% from previous 1.5%

CNY: Measured appreciation path expected – OCBC 3 February 2026

The report by Sim Moh Siong and Christopher Wong from OCBC Bank, indicates that a sub-Bloomberg consensus USDCNY fix signals a growing tolerance for RMB strength. However, authorities appear committed to a measured and orderly appreciation path for the Renminbi (CNY).

New Zealand’s Unemployment Rate rises to 5.4% in Q4 vs. 5.3% expected 3 February 2026

New Zealand’s Unemployment Rate rose to 5.4% in the fourth quarter (Q4) of 2025 from 5.3% in the third quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in above the market consensus of 5.3%.

Australia S&P Global Services PMI rose from previous 56 to 56.3 in January 3 February 2026

Australia S&P Global Services PMI rose from previous 56 to 56.3 in January

Australia S&P Global Composite PMI climbed from previous 55.5 to 55.7 in January 3 February 2026

Australia S&P Global Composite PMI climbed from previous 55.5 to 55.7 in January

United States API Weekly Crude Oil Stock came in at -11.1M below forecasts (0.7M) in January 30 3 February 2026

United States API Weekly Crude Oil Stock came in at -11.1M below forecasts (0.7M) in January 30

INR: Trade deal boosts performance – BBH 3 February 2026

According to Brown Brothers Harriman (BBH) analysts, the Indian Rupee (INR) has outperformed following a trade deal between the US and India. The agreement includes significant tariff reductions and is expected to alleviate pressure on the INR.

Breaking News

A border inside the UK brings Northern Ireland closer to the republic December 31, 2020 at 05:09PM

A beloved Canadian soy sauce runs out December 31, 2020 at 05:09PM

Britain’s relationship with the EU will look like Switzerland’s December 31, 2020 at 05:09PM

What to expect in 2021 according to prediction markets December 31, 2020 at 05:09PM

Russia menaces Alexei Navalny after he exposed its agents’ ineptitude December 31, 2020 at 05:09PM

The next big thing in retail comes with Chinese characteristics December 31, 2020 at 05:09PM

Jobless Cambodians are catching rats to feed Vietnamese city dwellers December 31, 2020 at 05:09PM

Why Chinese tipplers like Chilean wine December 31, 2020 at 05:09PM

Pakistan has fenced itself off from Afghanistan December 31, 2020 at 05:09PM

Congress injects a further $900bn of stimulus into the American economy December 31, 2020 at 05:09PM

US GDP Data Disappoints as Consumer Spending Slows in Q3

About Post Author

anycurrency

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Stocks Move Higher Despite Disappointing GDP Growth Rate Report

What to Expect from Facebook, Apple, Amazon, Microsoft, Google Earnings Reports?

Featured widget

Crude Oil Over Crypto

Breaking News

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Related Post

Featured widget