Free Trial

US GDP due at 13:30GMT/08:30ET -....>

US DATA PREVIEW
US DATA PREVIEW: US GDP due at 13:30GMT/08:30ET
- The MNI Median sees a 2.5% increase for the fourth quarter initial estimate of
U.S. GDP. 
- This compares to the broader market consensus of a 2.2% increase (Bbg).
- Both estimates are much slower than the 3.4% gain in the third quarter. 
- The very weak December retail sales took the wind out of expectations for a
solid PCE reading for the quarter, but it is still expected to be a positive
factor. 
- Capital spending should also add to GDP.
- But missing December data for business inventories and international trade
present a forecast risk.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });