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NY Fed: GDP Nowcast ticks down to 2.6% for Q4

"The New York Fed Staff Nowcast for 2018:Q4 stands at 2.6%," the Federal Reserve Bank of New York announced on Friday.

Key quotes

  • News from this week's data releases decreased the nowcast for 2018:Q4 by 0.1 percentage point.
  • Negative surprises from industrial production and capacity utilization data were only partially offset by a positive surprise from retail sales data.

USD/CHF looks to close week above parity despite today's sharp fall

After touching a fresh daily high at 1.0086, the USD/CHF erased its daily gains in the early NA session and extended its slide toward the critical par
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"The EU and the UK reached an agreement on a draft deal on 13 November," note Rabobank analysts. Key quotes "The Irish conundrum has been solved by
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