Analysts at Nomura point out that the US advance goods trade and inventories report and the advance durable goods release for June were somewhat mixed before the BEA releases the advance estimate of Q2 real GDP growth. Key Quotes “Trade and inventory data surprised to the downside with a wider-than expected goods trade deficit and soft inventory accumulation. However, the advance durable goods report showed strength in core orders and shipments (nondefense excluding civilian aircraft), indicating steady business equipment investment in end-Q2.” “Altogether, we lowered our Q2 real GDP forecast 0.4pp to 4.2% q-o-q saar. Despite the downward revision, were our forecast to be realized, GDP growth would still average above 3.0% during H1 2018, indicating solid underlying economic momentum.” 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/JPY knocks into a new three-week low at 145.50 FX Street 5 years Analysts at Nomura point out that the US advance goods trade and inventories report and the advance durable goods release for June were somewhat mixed before the BEA releases the advance estimate of Q2 real GDP growth. Key Quotes "Trade and inventory data surprised to the downside with a wider-than expected goods trade deficit and soft inventory accumulation. However, the advance durable goods report showed strength in core orders and shipments (nondefense excluding civilian aircraft), indicating steady business equipment investment in end-Q2." "Altogether, we lowered our Q2 real GDP forecast 0.4pp to 4.2% q-o-q saar. Despite the downward revision, were… 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.
