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Atlanta Fed: US GDPNow Q4 estimate declines to 2.7% from 2.9%

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.7 percent on December 21, down from 2.9 percent on December 18," the Federal Reserve Bank of Atlanta reported on Friday and added:

"The nowcast of fourth-quarter real personal consumption expenditures growth decreased from 4.1 percent to 3.7 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis."

EUR/USD hits fresh lows below 1.1400 and rebounds

The EUR/USD pair bottomed during the US session at 1.1381 but it quickly rose back above 1.1400. The recovery from the lows was capped by 1.1420, and
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US Pres. Trump: We’ll probably have a government shutdown

The U.S. President Donald Trump recently crossed the wires announcing that it was very likely to have a government shutdown. Key quotes (via Reuters)
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