• Focus on U.S. Q2 GDP and core PCE inflation – TD Securities

Market news

26 September 2019

Focus on U.S. Q2 GDP and core PCE inflation – TD Securities

Analysts at TD Securities are expecting the final release of U.S. Q2 GDP data to bring no major surprises, with the market expecting no changes to the second update that stood at 2.0% q/q saar.

  • “Core PCE inflation is expected to have remained unchanged in Q2 at 1.7% q/q.
  • Separately, the Kansas City Fed's manufacturing survey will add the latest piece to the puzzle for activities in the sector, with the consensus looking for a minor uptick to -4 from -6 before. Lastly, pending homes sales are expected to rebound on a monthly basis at 1.0% for August, up from -2.5% before.”

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.