Jan 28 2017
Weak exports may crimp U.S. fourth-quarter economic growth
Rate Range Projection by Bank
Next week 113.50 – 116.50
Next 3 months 109.00 - 117.50
Gross domestic product probably increased at a 2.2 percent annual rate after accelerating at a 3.5 percent pace in the third quarter, according to a Reuters survey of economists
But fourth-quarter GDP data could surprise on the upside after data on Thursday showed a drop in the goods trade deficit in December and a jump in wholesale inventories. The Atlanta Federal Reserve is forecasting the economy growing at a 2.9 percent rate in the fourth quarter
"DO NOT COPY" Above Currency Analysis, Prepared & All Rights Reserved By Zulfiqar Motors Co., Ltd