New York Fed: Q3 GDP growth forecast rises to 2.2% from 2%

"The New York Fed Staff Nowcast stands at 2.2% for 201:Q3 and 2.8% for 2018:Q4," the Federal Reserve Bank of New York announced on Friday.

Key quotes

News from this week's data releases increased the nowcast for 2018:Q3 by 0.2 percentage point and increased the nowcast for 2018:Q4 by 0.8 percentage point.
Positive surprises from the ISM manufacturing survey drove the increase.

Sep 7, 2018

EUR/GBP Technical Analysis: Bulls still alive and kicking going for the reversal above 0.8900 figure

EUR/GBP 4-hour chart Spot rate: 0.8950 Relative change: -0.47% High: 0.9008 Low:

Greenback to remain well supported on a 6 to 9 month view - Rabobank

"In the past few weeks investors’ attention has been increasingly gripped by the capital flowing out of Emerging Markets," Jane Foley, Rabobank Senior