The Second Estimate of US Q4/16 GDP Growth Unchanged at 1.9%

The Second Estimate of US Q4/16 GDP Growth Unchanged at 1.9%\

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''Free Forex Signals's'' analysis for Forex international Market.

About Forex Planners,This is For an upward revision to 2.1%, The updated estimate falls a little short of market expectations.Consumer spending was stronger than previously estimated but that was make up for by weaker government expenditure and business fixed investment.Consumer spending growth was revised up to 3.1% in the second approximation of Q4/16 GDP from 2.5% up to that time, now similar the previous quarter's pace. While 2016 was a strong year for consumer expenses, the 2.7% annual raise fell short of the previous two years' gains. Stronger Q4/16 family circle expenditure was counterbalance by modest downward revisions somewhere else most significantly government spending, which is now predictable to have edged up just 0.31%. Business unchanging investment was also revised lower; at 1.32% in Q4/16, there is no longer confirmation of a important pickup comparative to the previous two quarters. With residential investment still screening a near 10.1% increase, final domestic order was revised up slightly to 2.61% from 2.52% previously. Net exports remained a important drag (with an unwind of Q3/16's surge in food exports a major factor) while a stronger supply build provided some offset.Thanks for view ''Free forex signals''.

Our Take.

And the important that, Offsetting revisions to Q4/16's spending detail left increase unmoved, and it remains the case that a lift up in household spending relative to Q3/16 made for a more hopeful report than the headline GDP figure suggests. The upward revision to consumer expenditure indicates strong impetus in the household sector toward the end of the year, but a more unassuming increase in business investment is somewhat hopeless, leaving less confirmation of rebalancing in domestic growth on the way to the end of last year. While the latter movement is less positive than previously predictable, we continue to expect non-residential investment will pick up diffidently this year beside improving business reaction, supplementing another strong input to growth from consumer expenditure. Our estimate has also built in some economic incentive, though much of the boost to yearly growth could fall more in 2018 as indications that tax improvement might not come before late-summer boundary the range for an add from economic policy this year. Thanks for read this post.Thanks for view ''Free forex signals''.

Mexico cenbank, govt hold off new measures after Trump victory

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Nov 9 Mexico's central bank governor and finance minister held off announcing any new measures to protect the country's tumbling peso on Wednesday, after Donald Trump's victory sent it down by as much as ten percent.

Finance Minister Jose Antonio Meade said in a news conference that uncertainty and volatility had increased since Trump's win, but that there was no immediate impact on trade rules between the two countries.

The central bank will hold a planned monetary policy meeting next week, Governor Agustin Carstens said. Thanks.

US STOCKS-S&P set to snap losing streak after strong jobs report

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Wall Street gained modestly on Friday after a strong U.S. employment report as investors sought bargains after a spate of selling sparked by uncertainty over the impending U.S. elections.

The S&P 500 was on track to snap a streak of eight straight days of declines, which had been the benchmark's longest run of down days since the 2008 financial crisis. The tech-heavy Nasdaq was also on pace to snap an eight-session losing streak.

Over its losing streak, the S&P 500 had fallen nearly 3 percent. Investors have been unnerved by signs of a tightening presidential race between Democrat Hillary Clinton and Republican Donald Trump, after Clinton had until recently been thought to have a clear lead.

"Investors are buying anything that looks like a dip and that is because the fundamentals continue to be pretty good even though I think there is a lot of anxiety about next week’s election," said Kate Warne, investment strategist with Edward Jones in St. Louis. "With the pullback, I think investors are seeing some bargains out there."

The Dow Jones industrial average .DJI rose 5.24 points, or 0.03 percent, to 17,935.91, the S&P 500 .SPX gained 3.78 points, or 0.18 percent, to 2,092.44 and the Nasdaq Composite .IXIC added 5.47 points, or 0.11 percent, to 5,063.88.

U.S. employers maintained a strong pace of hiring in October and boosted wages for workers, the Labor Department report on Friday showed. Nonfarm payrolls increased by 161,000 jobs last month amid gains in construction, healthcare and professional and business services.

While that was below economists' forecast for growth of 175,000 jobs, solid labor market fundamentals were underscored by revisions to August and September data, which showed 44,000 more jobs created than previously reported.

"The upward revisions over the last two months suggest that the overall picture is continued job growth," Warne said. "That means that consumers have more money and that should continue to support economic growth."

For the year, the S&P 500 is up 2.5 percent.

In an encouraging sign for stocks, S&P 500 companies are on pace to increase earnings by 3.9 percent in the third quarter, ending a four-quarter streak of profit declines, according to Thomson Reuters I/B/E/S.

Higher-than-expected quarterly profits from biotech company Regeneron (REGN.O) and health insurer Humana (HUM.N) lifted those companies' shares along with the S&P healthcare sector .SPXHC, which was the best performing group on Friday.

Advancing issues outnumbered declining ones on the NYSE by a 1.55-to-1 ratio; on Nasdaq, a 1.75-to-1 ratio favored advancers.

The S&P 500 posted 4 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 28 new highs and 126 new lows. Thanks.

UPDATE 1-Boeing CEO says will not cut 777 output rate by more than 2 a month

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NEW YORK Boeing Co (BA.N) will not cut production of the 777 jetliner by more than two planes a month and is taking more time to decide on whether a cut is even needed, Chief Executive Dennis Muilenburg said on Wednesday.

Boeing already plans to cut production of the wide-body plane to seven a month next year from 8.3 currently, and many experts expect a further cut to five a month due to slow sales and transition to a successor jet, the 777X.

The world's biggest planemaker also is studying whether to lift production of 787 Dreamliners to a planned 14 a month from 12, Muilenburg said. The company signaled that it wants to wait until several sales campaigns are finished in 2016 and 2017.

"We expect to have additional clarity on 777 production decisions in the next couple of months," Muilenburg said on a call with analysts.

"On the 787 program we have more time to further assess the implementation of the next production rate increase that is currently scheduled to ramp up to 14 per month at the end of the decade."

Boeing's production rates are bellwethers of market conditions, closely watched by investors for signs of the plane maker's future earnings and cash flow. Sales and profits at Boeing's many suppliers also are affected by changes in Boeing's factory rates.

While noting "hesitation" among airlines for buying wide-body planes such as the 777 and 787, Muilenburg said sales of narrow-body 737s are relatively strong.

He also said that even if Boeing decides to cut wide-body production "we continue to expect commercial aircraft deliveries to grow beyond 900 airplanes per year through the end of this decade," providing reassurance that overall deliveries will continue to rise from the 745 to 750 expected this year.

Earlier on Wednesday, the company beat profit expectations in the third quarter.

Oct 26 U.S. weapons maker Northrop Grumman Corp reported a 16.7 percent rise in quarterly profit on Wednesday, helped by higher sales in its aerospace systems business that makes the center fuselage of the F-35 fighter jets.

* Shares fall as much as 12 pct to $36.91 (Adds comment from conference call; updates shares)

 MOSCOW/STOCKHOLM Russia is sharply upgrading the firepower of its Baltic Fleet by adding warships armed with long-range cruise missiles to counter NATO's build-up in the region, Russian media reported on Wednesday. Thanks.

U.S. business borrowing for equipment up 12 pct in Sept. - ELFA

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Oct 25 Borrowings by U.S. companies for capital investment rose 12 percent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.

Companies signed up for $9.4 billion in new loans, leases and lines of credit last month, said the Washington-based trade group, which reports economic activity for the $1 trillion U.S. equipment finance industry.

The U.S. Federal Reserve's decision to keep interest rates low has spurred businesses to spend more on equipment, ELFA Chief Executive Ralph Petta said in a statement.

However, total new borrowings in the first nine months of the year fell 4 percent, ELFA said.

In September, credit approvals fell to 76.6 percent of all applications submitted from 76.9 percent in August, ELFA said.

There is pent up demand for capital investment, but given the unpredictable domestic environment and the economic headwinds globally, the unevenness may last for several months, said Stan Walker, managing director of JPMorgan Equipment Finance.

ELFA's leasing and finance index tracks the volume of commercial equipment financed in the United States. The index complements the U.S. Commerce Department's durable goods orders report, which it precedes by a few days.

The index is based on a survey of 25 lenders, including Bank of America Corp, BB&T Corp, CIT Group Inc and the financing affiliates or units of Caterpillar Inc , Deere & Co, Siemens AG and Volvo AB .

Separately, the Equipment Leasing & Finance Foundation, ELFA's non-profit affiliate, said its confidence index rose to 56.0 for October from 53.8 for September.

The index is an indicator of the outlook for the equipment finance market, with a reading above 50 suggesting a positive outlook.

NEW YORK, Oct 25 The U.S. Treasury Department on Tuesday sold $26 billion of a two-year debt issue at a yield of 0.855 percent, its highest since a two-year note auction held in May, Treasury data showed.

* James Flynn reports 4.51 percent passive stake in Blueprint Medicines Corp as of October 20 - sec filing Source text : http://bit.ly/2eCWk3R Further company coverage:

 DUBAI, Oct 25 Billionaire Mohamed Alabbar, one of Dubai's most prominent businessmen, plans a phone messaging service for the Middle East that aims to compete with services such as WhatsApp. Thanks.