The dollar took its biggest tumble in almost two months on Thursday and stocks fell from nine-month highs as cautious sounds from the Fed left focus firmly on Japan's next round of money-printing measures.
Gross domestic product rose at a 1.2 percent annualized rate after a 0.8 percent advance the prior quarter, Commerce Department figures showed Friday in Washington. The median forecast of economists surveyed by Bloomberg called for a 2.5 percent second-quarter increase.
The Alberta wildfires torched the Canadian economy in May, which saw the GDP contract by 0.6 per cent — the country’s deepest one-month decline in more than seven years.
Next Trading Day's Important Events
- 17:00 (GMT 3) US PMI
- USDJPY: 102.84
- EURUSD: 1.1164
- S&P 500: 2,164.60
- NASDAQ : 5,156.94