Forexlive Americas FX news wrap: US GDP revised higher, dovish Fed talk continues ...Middle East

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Forexlive Americas FX news wrap: US GDP revised higher, dovish Fed talk continues
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US Q3 GDP (second estimate) 5.2% vs 5.0% expectedUS advanced goods trade balance for October -$89.84 billion vs. -$86.4 billion estimateUS wholesale inventories for October -0.2% versus 0.1% expectedGermany November preliminary CPI +3.2% vs +3.5% y/y expectedFed's Beige Book: On balance, economic activity slowed since the previous reportFed's Mester: Monetary policy is 'in a good place'Reserve Bank of New Zealand hints at possible tightening to control inflation. NZDUSD up.Weekly EIA inventories crude oil +1609K versus -933K expectedFeds Barkin: I'm hearing consumers slowing down, but not falling off the tableBiden Administration to revamp EV tax credits to curb Chinese influenceMarkets:Gold

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