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Atlanta Fed: US GDPNow Q4 estimate steady at 2.8%

"The current GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.8 percent on January 16, unchanged from January 10," the Federal Reserve Bank of Atlanta reported on Wednesday. "The nowcast of the contribution of net exports to fourth-quarter real GDP growth inched down from -0.50 percentage points to -0.52 percentage points after this morning’s U.S. Import and Export Price Indexes release from the U.S. Bureau of Labor Statistics."

Gold rises to $1295 as Wall Street starts to erase early gains

Since failing to surpass the $1300 mark earlier in January, the XAU/USD pair has been fluctuating in a tight range and today's price action is no diff
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US: 69% chance of a recession by May 2020 - Rabobank

"While the 2-10 year US treasury yield spread has moved sideways in recent weeks, the recent plunge in the 12m-10y spread has activated our early warn
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