Australia and Canada post mildly disappointing GDP results
Increasing living costs saw Australia’s GDP just add 0.5% in the quarter, slightly lower than the expected 0.7%, with AUD/USD sliding 6 pips to 0.6728. In Canada, its monthly GDP readings also fell short of Mitrade's estimates at -0.1%, as USD/CAD climbed 70 pips to 1.3645.
EUR/USD decreased 31 pips to 1.0576, and GBP/USD lost 44 pips to 1.2020. USD/JPY was down 4 pips at 136.16.
On Tuesday, the Nasdaq 100 dropped 15 points (-0.13%) to 12,042, posting the least deficit. The Dow Jones Industrial Average plunged 232 points (-0.71%) to 32,656, and the S&P 500 fell 12 points (-0.30%) to 3,970.
Spot gold jumped $9 to $1,826.78 an ounce, and WTI oil futures gained $1.37 to $77.05 a barrel. Bitcoin and Ethereum were trading lower at $23,163.0 and $1,606.63 respectively.
EUR/USD decreased 31 pips to 1.0576, and GBP/USD lost 44 pips to 1.2020. USD/JPY was down 4 pips at 136.16.
On Tuesday, the Nasdaq 100 dropped 15 points (-0.13%) to 12,042, posting the least deficit. The Dow Jones Industrial Average plunged 232 points (-0.71%) to 32,656, and the S&P 500 fell 12 points (-0.30%) to 3,970.
Spot gold jumped $9 to $1,826.78 an ounce, and WTI oil futures gained $1.37 to $77.05 a barrel. Bitcoin and Ethereum were trading lower at $23,163.0 and $1,606.63 respectively.
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