Market Focus

On Wednesday, March 28, 2018, attention should be paid to the data on the US GDP. Quarterly dynamics of percent of GDP shows the growth rate of the economy as a whole. Consumption today is the largest component of  the US GDP and has the greatest impact on it.

According to the forecast, GDP growth in the fourth quarter will slow to 2.0%, which is lower than the previous value at 2.5%. The GDP deflator in the fourth quarter will be 2.4%, which is higher than the previous value at the level of 2.3%. In the event of data release within the forecast, the US dollar will be under pressure, against which the reduction of the US currency within 30-40 points is expected.

Alexander Sivtsov