Action Insight-Forex Analysis – US GDP Expanded Stonger Than Expected
4Q09 GDP expanded +5.7% qoq (annualized) , compared with market
expectation of +4.7%, from +2.25 in the previous quarter. The growth was the strongest since 3Q03 and was mainly driven by inventories which contributed 3.4% to the headline gain. It’s a good news that inventory declined at a significantly lower…
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Tags: 5.7%, Analysis, expanded, Forex, gain, GDP, growth, market, strongest
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