Daily Archives: Jan 25, 2018 at 06:52 am EST

US Q4 GDP Growth Expected To Hold Steady Near 3%

Tomorrow’s preliminary GDP report for the fourth quarter is on track to post a growth rate at or near the roughly 3% pace that’s prevailed in the previous two quarters, according to several estimates. If the projection is accurate, the US economy will log another healthy gain in quarterly output, reaffirming recent evidence that the macro trend picked up speed in 2017.
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Macro Briefing: 25 January 2018

Trump says he’s willing to testify under oath in Russia probe: Reuters
Trump urges Turkey to scale back Kurdish offensive in Syria: The Hill
Will a strong euro delay a rate hike at the European Central Bank? Reuters
Oil jumps to three-year high: MarketWatch
US PMI: strong mfg start for 2018 as services sector growth eases: IHS Markit
Eurozone PMI: survey data for Jan reflects strongest growth in 12 years: IHS Markit
Japan Mfg PMI rises to three-year high in December: IHS Markit
US dollar falls to 3-year low against foreign currencies: CNBC
FHFA Home Price Index rose 0.4% (s.a.) in Nov, up 6.5% y-o-y:  MND