“The New York Fed Staff Nowcast stands at 3.3% for the second quarter of 2018,” the Federal Reserve Bank of New York said in its latest Nowcasting Report published for the week ending June 1, 2018. Below are the key highlights of this week’s report. This week’s data releases increased the nowcast for the second quarter of 2018 by 0.3 percentage point. Positive surprises from personal consumption expenditures, wholesale inventories, and construction data accounted for the increase. As of writing, the US Dollar Index is holding on to small daily gains at 94.05. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NFP: No cooling in the trend – Wells Fargo FX Street 5 years "The New York Fed Staff Nowcast stands at 3.3% for the second quarter of 2018," the Federal Reserve Bank of New York said in its latest Nowcasting Report published for the week ending June 1, 2018. Below are the key highlights of this week's report. This week's data releases increased the nowcast for the second quarter of 2018 by 0.3 percentage point. Positive surprises from personal consumption expenditures, wholesale inventories, and construction data accounted for the increase. As of writing, the US Dollar Index is holding on to small daily gains at 94.05. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.