Analysts at Nomura suggest that the net impact of the US PPI report and final wholesale inventories data on our Q3 real GDP tracking was net positive. Key Quotes “We raised our Q3 real GDP tracking estimate by 0.2pp to 3.7% q-o-q saar. The PPI for real estate brokerage fees increased more strongly than we expected, suggesting less of a real contribution from residential investment to real GDP growth.” “Also, the PPI for capital equipment for manufacturing industries also advanced more than we expected, implying less of a real contribution from private equipment investment. By contrast, the PPIs for intermediate processed goods and final motor vehicles rose less than we expected.” “Moreover, the final wholesale inventories report revised up inventory growth in September. These numbers suggest a stronger contribution from the real change in private inventories and offset weaker contributions from business equipment and residential investment.” 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 NZ: CPI likely to rise by 0.7% for the September quarter – Westpac FX Street 4 years Analysts at Nomura suggest that the net impact of the US PPI report and final wholesale inventories data on our Q3 real GDP tracking was net positive. Key Quotes "We raised our Q3 real GDP tracking estimate by 0.2pp to 3.7% q-o-q saar. The PPI for real estate brokerage fees increased more strongly than we expected, suggesting less of a real contribution from residential investment to real GDP growth." "Also, the PPI for capital equipment for manufacturing industries also advanced more than we expected, implying less of a real contribution from private equipment investment. By contrast, the PPIs for intermediate… 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.
