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Sep 26, 2014
US Q2 GDP expected to be revised higher to 4.6% - TD Securities
FXStreet (Łódź) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities, points to the final US Q2 GDP data as the most important economic release before the weekend.
Key quotes
"We expect it to be revised higher to 4.6% from 4.2% as consumption is revised up to 3.0% from 2.5%."
"This will mark further improvement in the pace of H1 growth, and with most indicators suggesting that a stronger growth pace is likely to be sustained in H2."
Key quotes
"We expect it to be revised higher to 4.6% from 4.2% as consumption is revised up to 3.0% from 2.5%."
"This will mark further improvement in the pace of H1 growth, and with most indicators suggesting that a stronger growth pace is likely to be sustained in H2."