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US Q4 GDP revised up to 1.4%
US GDP for Q4 2015 came out at 1.4% according to the final read. Personal consumption is up to 2.4% annualized instead of 2% reported beforehand. Business investment is down -2.1% instead of -1.9% reported in the second read. Mixed components…
Core Durable Goods Orders disappoint – USD shrugs it off 0
Less than convincing data from the US: durable goods orders fell by 2.8%, slightly better than expected but on top of a downward revision. Worse off, core orders dropped by 1%, far worse than 0.2% expected and also with a downward…