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  • Article / 3 hours ago

    3 Numbers: Hefty upward revision expected for US first quarter GDP

    Blogger / MoreLiver's Daily
    Finland
    3 Numbers: Hefty upward revision expected for US first quarter GDP
    It's all about the US today. The first quarter gross domestic production estimate is the main event of the day, with a hefty upward revision expected. News of a stronger Q1 coupled with a strong second quarter will focus attention on Fed thinking and the possibility of a rate hike in June. Conveniently, Fed chair Janet Yellen will speak tonight. We also get a reading on the US consumers' sentiment in May.
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  • Calendar event / Yesterday at 14:00 GMT

    US Pending Home Sales Index

    forecast
    actual
    Med Pending Home Sales Idx , Y/Y%
    +4.6%
    Low Pending Home Sales Idx, M/M%
    +0.7%
    +5.1%
    Low Pending Home Sales
    116.3
  • Calendar event / Yesterday at 12:30 GMT

    US Advance Report on Durable Goods

    forecast
    actual
    High Dur Goods, Ex-Transport, M/M%
    +0.4%
    High Dur Goods, Ex-Defense, M/M%
    +3.7%
    High Durable Goods-SA, M/M%
    +0.7%
    +3.4%
    Med Orders: Cap Gds, Non-Def, Ex-Air, M/M%
    -0.8%
    Med Shipmnts: Cap Gds, Non-Def, Ex-Air, M/M%
    +0.3%
  • Article / Yesterday at 4:59 GMT

    3 Numbers: US jobless claims to post another welcome weekly decline

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: US jobless claims to post another welcome weekly decline
    It's all about the US today. Preliminary survey numbers for May look gloomy for manufacturing, but hard data for April should paint a somewhat brighter picture for this key corner of the economy. Meanwhile a second weekly decline in US jobless claims would send a reassuring message that last week's update was not just a one-off. And the Pending Home Sales Index should post its third monthly rise.
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  • Article / Wednesday at 5:22 GMT

    3 Numbers: Will the US Services PMI continue to rebound in May?

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: Will the US Services PMI continue to rebound in May?
    The leading EU economy is in the spotlight today. The is room for optimism about both consumer sentiment and the business climate in Germany, although the gain is only likely to be a fractional one for the latter indicator. On the other side of the Atlantic, the US Services PMI is expected to inch up to a four-month high, in a sign of a welcome rebound for this key corner of the economy.
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  • Calendar event / Tuesday at 14:00 GMT

    US New Residential Sales

    forecast
    actual
    Med New Home Sales
    524K
    619K
    Med New Home Sales, M/M%
    +2.5%
    +16.6%
    Med New Home Sales Months Supply
    4.7
  • Article / Tuesday at 5:02 GMT

    3 Numbers: German economy looks back on track

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: German economy looks back on track
    German PMI data is encouraging, even if a closer look at the underlying figures still leaves room for caution. In the US, there's no signs of any improvement on the manufacturing front, but new home sales look robust, even if the building of new homes is a better indicator of growth.
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