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Forexlive Americas FX news wrap: Geopolitics in the news as Turkey downs Russian jet fighter

Discussion in 'Market News' started by ForexLive, Nov 24, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Forex news for US trading on November 23, 2015 - R - U US GDP came in at 2.1% which was as expected. The orginal estimate was 1.5%. Consumption was lower than expectations at 3.0% vs. 3.2%. Inventories accumulated at a higher pace than previously estimated. Higher inventories increase GDP but it can be at the expense of 4Q growth as businesses slow production to help absorb the bloated inventory levels.

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