Weaker Than Expected GDP Report

    Posted by steve on 29th of Jul 2016 at 08:26 am

    USA GDP (QoQ) for Q2 1.20% vs 2.60% Est; Prior 1.10%   [+]

    An honest GPD report in

    Posted by a_l_ on 29th of Jul 2016 at 09:47 am

    An honest GPD report in a key factor that the Govt sets (deflator). GDP would have been negative with this deflator last quarter (which would have been an accurate reading). Somewhat surprising on the sequential; not at all surprising on the trend.

    ES moved lower and Gold

    Posted by steve on 29th of Jul 2016 at 08:38 am

    ES moved lower and Gold Higher (Dollar Fell) following the report 

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