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Live Coverage: Critical US growth and inflation data set to rock Gold, Stocks, Currencies

The article from FXStreet, published on April 30, 2025, discusses the upcoming release of critical U.S. economic data, including the first-quarter GDP and the Personal Consumption Expenditures (PCE) price index, which are expected to significantly impact financial markets. The GDP growth is forecasted at 2.5% annually, while the core PCE price index is anticipated to rise by 0.3% monthly and 2.7% yearly. These figures are crucial as they could influence the Federal Reserve's interest rate decisions, potentially affecting gold prices, stock markets, and currency values. The article also mentions that a higher-than-expected PCE could lead to a stronger U.S. dollar and higher yields, while disappointing data might boost gold and equities. Additionally, the piece covers other market-moving events like the Bank of Japan's interest rate decision and the release of U.S. consumer confidence data, all of which contribute to the volatile market environment.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/analysis/live-coverage-critical-us-growth-and-inflation-data-set-to-rock-gold-stocks-currencies-202504300630 ]