“Sugar hit” for US Q3 GDP, exceeds expectations

29 October 2018

 

The focus of many investors was on the share market gyrations which were taking place in US, Europe and Asia and, as ANZ put it, not on the upcoming GDP data. The US Commerce Department has now released third quarter (Q3) 2018 “advance” GDP estimates on Friday night Australian time and they indicate the US economy grew at an annualised growth rate of 3.5%. This estimate is the first of...

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