Technical Updates

US GDP Second Quarter 2014, 3rd Estimate

US GDP Second Quarter 2014, 3rd Estimate

From BEA:

The output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.6 percent in the second quarter of 2014, according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent. The GDP estimate released today is based on more complete source data than were available for the “second” estimate issued last month. In the second estimate, the increase in real GDP was 4.2 percent.

Awesome news! My profit today for the Euro is only 1.2706 ( 24 pips so far). Well let’s see.

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