Market foсus

On Friday, October 27, 2017, attention should be paid to the preliminary data on the US GDP. Quarterly dynamics of GDP percent shows growth of the economy rates as a whole. Consumption today is the largest
component of US GDP and has the greatest impact on it.

According to the forecast, GDP growth in the third quarter will slow to 2.5%, against the previous value at the level of 3.1%. The GDP deflator will grow in the third quarter by 1.8%, which is higher than the previous value of 1.0%. In case of data release within the forecast, the US dollar may be in some uncertainty. So, one should expect the fluctuations of the dollar in the framework of 40 points.

Alexander Sivtsov