Tag Archives: GDP

US GDP Grows Strongly Over 3Q

The Fed received further endorsement for its current tightening path last week as the latest US GDP figures came out stronger than expected. came in at 3.5% vs the consensus market forecast of 3.4%. The news will be received as a double-edged sword by President Trump who on the one hand will be keen to highlight continued strong economic growth ...

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Dollar Gains on Stronger-than-expected GDP Data By Investing.com

© Reuters. The dollar traded slightly higher on Monday Investing.com – The dollar traded slightly higher on Monday and hovered near two-month highs on a stronger-than-expected third-quarter . The that tracks the greenback against a basket of other currencies was up 0.08% to 96.24 by 12:08 AM ET (04:08 GMT). The U.S. economy grew at a 3.5% annualized rate, the ...

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Japan September factory output seen falling, suggesting weak third-quarter GDP growth: Reuters poll By Reuters

© Reuters. Japan September factory output seen falling, suggesting weak third-quarter GDP growth: Reuters poll TOKYO (Reuters) – Japan’s factory output likely slipped in September for the first time in two months due to natural disasters, a Reuters poll showed on Friday, which would boost views that the economy weakened in the third quarter. Industrial production was seen down 0.3 ...

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Final GDP Estimates For GDPNow And Nowcast Tick Lower

GDPNow And Nowcast Forecast Early in the quarter, there was talk of a Trumpian 5% GDP in the third quarter. The low- to mid-3s is more likely. Compared to early projections, more believable GDP forecasts are now in the works, at least for GDPNow. I suspect GDPNow is still a bit high, and Nowcast more than a bit low. I ...

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U.S. GDP Shows Stellar Growth but Risks Abound in 2019 By Investing.com

© Reuters. U.S. third quarter growth may be “as good as it gets” Investing.com – The U.S. economy reported a better-than-expected expansion in the third quarter, showing its best back-to-back quarter performance since 2014, but analysts warned that risks for growth abound in 2019 and the data could force a more aggressive monetary policy from the Federal Reserve. U.S. GDP ...

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Even a Good GDP Report Has Bad News for Housing By Bloomberg

© Reuters. Even a Good GDP Report Has Bad News for Housing (Bloomberg Opinion) — The U.S. Commerce Department’s report on third-quarter was almost perfect in every single way. Almost. The data showed an economy that expanded above trend without any real inflationary pressures. That’s the very definition of a “Goldilocks” economy — not too hot and not too cold. ...

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Stocks In Charge, U.S. GDP Next

It’s abundantly clear that US equities are the tail that wags the dog at the moment, driving sentiment in FX. A rebound on Thursday was quickly erased by soft quarterly results from (NASDAQ:) and (NASDAQ:) then markets got another reason to worry as the yuan touched a 10-year low. US Q3 is up next and the 25K level in the ...

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U.S. Third-Quarter GDP Grows More Than Expected By Investing.com

© Reuters. U.S. GDP grows 3.5% in third quarter vs. 3.3% forecast Investing.com – U.S. economic growth slowed in the third quarter, but posted a better-than-expected reading that left the American economy on track to post its best annual expansion in 13 years. In a report, the Bureau of Economic Analysis said that GDP registered a seasonally-adjusted annual rate of ...

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Euro Under Pressure, U.S Advance GDP Next

continues with its losing ways in the Friday session. Currently, the pair is trading at 1.1353, down 0.19% on the day. On the release front, the sole eurozone indicator is German GfK , which remained steady at 10.6 points. This edged above the forecast of 10.5 points. In the U.S, all eyes will be Advance GDP for the third quarter, ...

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