GDP, unemployment claims, sturdy items

by Threat calculated on 26/10/2022 20:29:00

On Goldman’s third-quarter GDP: “September new residence gross sales and stock knowledge have been barely higher than our earlier internet assumptions, and we have now elevated our monitoring estimate of third-quarter GDP by one tenth at +2.5% (qoq ar) forward of tomorrow’s report.”

From BofA: “Commerce and stock knowledge lowered our trailing estimate of Q3 GDP from 2.5% q/q saar to 2.0% q/q saar.”

Mortgage rates Notice: Mortgage charges are and are for larger stage situations.

• At 8:30 a.m. ET, the preliminary weekly unemployment claims report might be printed. The consensus is for a rise to 225,000 from 214,000 final week.

• Additionally, at 8:30 a.m., Gross home product, third quarter 2022 (advance estimate). The consensus is that actual GDP grew by 2.4% annualized in Q3, in comparison with -0.6% in Q2.

• Additionally, at 8:30 a.m., Sturdy Items Orders for September from the Census Bureau. The consensus is asking for a 0.5% enhance in sturdy items orders.

• At 11:00 a.m.: Kansas Metropolis Fed survey of producing exercise for October.