Inventories are higher than expected positive contribution to the upcoming 1Q14 GDP data revision. Inventories are often a major distortion to GDP data. As inventories rise, GDP increases, however rising inventories presumably will have to be worked off in the future, so they CAN be a future negative.
GVI Forex john 14:00:28 GMT - 05/09/2014
ALERT
+1.10% vs. +0.50% exp. vs. +0.50% (r ) prev.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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