US GDP misses with 0.7% – USD ignores (fore now)

The US economy grew by 0.7% in Q1 2017 on an annualized level. This is below official expectations but perhaps above the “whisper numbers” especially after yesterday’s mediocre durable goods orders. Personal consumption came out at 0.3%, well below 0.9% predicted and 3.5% in Q4 2016.  The US dollar is on the rise. Markets were […]

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