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Goldman Sachs lowers GDP forecast after trade balance

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Goldman Sachs on today's trade data The US reported at $48.3 billion trade deficit for August, which was fractionally worse than estimates. Analysts at Goldman Sachs noted that real goods exports were down 1.5% m/m while imports jumped 3.1% to take for an increase in the goods deficit to $7.3 billion, which is one of the largest moves on record.

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