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US GDP data are likely to show a significant slowdown in growth in Q3

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers US GDP data are likely to show a significant slowdown in growth in Q3. We estimate that the drag from net exports and slower inventory accumulation will push GDP growth to 1.5% q/q AR despite still solid growth in private consumption of 3.2% q/q AR. We expect Q3 to mark the low point of GDP growth this year and look for a return to above 2% growth next year. In the euro area it is time for consumer and economic confidence data for the euro zone. In Germany we will have the early

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