Action Insight-Forex Analysis – US GDP Expanded Stonger Than Expected
Friday, January 29th, 20104Q09 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… Read more… Technorati Tags: 5.7%, [...]
