Page 2 - Us Gdp Data News Today

The U.S. dollar firmed against its major counterparts in the European session on Friday, as market participants await the personal consumption expenditure price index, the Fed's preferred gauge of inflation, due out later today.

The Swiss franc was lower against its major counterparts in the European session on Thursday, as a string of strong tech earnings offset lingering concerns about the U.

The U.S. dollar was subdued in the European session on Monday, as investors awaited economic data due this week for more clues about the Federal Reserve's rate hike path.

In the advance estimate released in late April, the decline in real GDP was 1.4 per cent. In the second estimate last month, that was revised to a decrease of 1.5 per cent, reports Xinhua news agency.

Two leading automobile companies—Bajaj Auto and Maruti Suzuki—are set to release their quarterly earnings reports this week. The national capital is witnessing a fresh surge of covid-19, forcing several states to bring back face mask mandates

Claims have been declining since October, though the pace has slowed in recent weeks as applications approach the pre-pandemic average of about 220,000.