Analysts at Nomura note that the advance estimate of US Q2 real GDP growth came in at 4.1% q-o-q saar, mostly in line with their and market expectations (Nomura and Consensus: 4.2%), following an upwardly revised 2.2% reading in Q1 (previously reported as 2.0%). Key Quotes “The robust growth in Q2 is the fastest pace since near-5% growth in Q2 and Q3 2014. The magnitude of the comprehensive revisions, which incorporate new source data and methodological changes, was relatively minor.” “Between Q1 2012 and Q1 2018, real GDP increased at an average annualized rate of 2.2%, unchanged from the BEA’s previous estimates.” “Report is consistent with an economy growing well above trend, with an average annualized growth rate of 3.1% in H1 2018. With nonfarm payroll growth averaging a robust 218k in Q1 and 211k in Q2, employment data appear consistent with this view.” “The details of the GDP report were, on net, in line with our expectations and we maintain our 3.2% forecast for Q3 real GDP growth.” 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 GBP/USD Technical Analysis: GBP has charted a bearish continuation pattern FX Street 5 years Analysts at Nomura note that the advance estimate of US Q2 real GDP growth came in at 4.1% q-o-q saar, mostly in line with their and market expectations (Nomura and Consensus: 4.2%), following an upwardly revised 2.2% reading in Q1 (previously reported as 2.0%). Key Quotes "The robust growth in Q2 is the fastest pace since near-5% growth in Q2 and Q3 2014. The magnitude of the comprehensive revisions, which incorporate new source data and methodological changes, was relatively minor." "Between Q1 2012 and Q1 2018, real GDP increased at an average annualized rate of 2.2%, unchanged from the BEA's… 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.
