According to analysts at National Bank Financial, in the US this week, we’ll get Q1 GDP results on Friday and will be a key macro release. Key Quotes “A moderation in growth from the prior quarter – recall the +2.2% growth print in 2018Q4 ─ is in the cards. That’s because of a likely drag from destocking after inventory accumulation last year.” “Trade probably contributed to Q1 growth thanks to rising exports and declining imports. Business investment spending may also have boosted growth based on rising shipments of non-defense capital goods excluding aircraft, a reasonably good proxy. But consumption spending growth seems to have lost steam based on retail results during the quarter.” “Overall, we expect GDP growth of around 1.5% annualized in the first quarter. We’ll get more information about the handoff to Q2 thanks to March data.” “Durable goods orders for instance is expected to show a rebound based on strong civilian plane orders. Housing market data for March will also be available. Both existing and new homes sales may have retreated slightly following sharp gains the prior month.” 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 Positive on gold, mixed outlook for oil – ABN AMRO FX Street 4 years According to analysts at National Bank Financial, in the US this week, we'll get Q1 GDP results on Friday and will be a key macro release. Key Quotes "A moderation in growth from the prior quarter - recall the +2.2% growth print in 2018Q4 ─ is in the cards. That's because of a likely drag from destocking after inventory accumulation last year." "Trade probably contributed to Q1 growth thanks to rising exports and declining imports. Business investment spending may also have boosted growth based on rising shipments of non-defense capital goods excluding aircraft, a reasonably good proxy. But consumption spending… 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.
