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Economic Reports GDP

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  • *Asia stocks rise on Wall Street surge, upbeat U.S. data. Financial spreadbetters expected Britain's FTSE 100 to open around 8 points, or 0.1 percent, higher, Germany's DAX to open up around 13 points, or 0.1 percent, and France's CAC 40 to start the day about 8 points, or 0.2 percent, higher. MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.2 percent.

  • SYDNEY, Aug 28- Copper edged down in Asian trading on Friday following strong gains overnight, but traders said the metal remained underpinned by a second day of resurgent Asian equities and higher oil prices. Wall Street rose sharply overnight thanks to revised U.S. gross domestic product data showing the economy grew faster than initially thought in the...

  • *Asia stocks rise on Wall Street surge, upbeat US data. Wall Street rose sharply overnight thanks to revised U.S. gross domestic product data showing the economy grew faster than initially thought in the second quarter- a reassuring sign amid worries over deepening economic woes in China. MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.3...

  • TOKYO, Aug 28- Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment shaken by days of turmoil in Chinese equities. Wall Street rose sharply overnight thanks to revised U.S. gross domestic product data showing the economy grew faster than initially thought in the second quarter- a reassuring sign amid worries over...

  • NEW YORK, Aug 27- Most U.S. Treasuries prices were modestly lower on Thursday, as a rally on Wall Street and a surprisingly large upward revision on U.S. economic growth in the second quarter revived some bets the Federal Reserve would raise rates by year-end. The Commerce Department said U.S. gross domestic product grew at a 3.7 percent annual pace in the quarter...

  • Aug 27- U.S. stocks extended their rally on Thursday, raising hopes that the worst of Wall Street's recent turmoil was behind it, after further evidence that the economy was on a solid footing. The market snapped a 6- day losing streak on Wednesday after New York Fed President William Dudley said the case for a September hike was "less compelling" after recent market...

  • TREASURIES-U.S. bond prices fall on stock gains, GDP data Thursday, 27 Aug 2015 | 11:10 AM ET

    *U.S. to sell $29 bln 7- year notes. NEW YORK, Aug 27- Most U.S. We have retraced the whole move since last week's global market sell-off, "said Thomas Roth, executive director of U.S. government bond trading at Mitsubishi UFJ Securities USA in New York.

  • US STOCKS-Wall St extends gains, helped by GDP data Thursday, 27 Aug 2015 | 10:06 AM ET

    *Second-qtr GDP rose 3.7 pct vs earlier reading of 2.3 pct. Aug 27- U.S. stocks rose sharply on Thursday, a day after posting their biggest one-day gain in four years, as data showed the U.S. economy grew faster in the second quarter than initially thought. While strong data points to increased chances of an interest rate hike in September, some investors said the...

  • *Second-qtr GDP rose 3.7 pct vs earlier reading of 2.3 pct. Aug 27- U.S. stocks were poised to open higher on Thursday, a day after posting their biggest one-day gain in four years, as data showed the U.S. economy grew faster in the second quarter than initially thought. "Despite the good GDP numbers that we saw today, September largely seems off the table because of the...

  • WASHINGTON, Aug 27- The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce...

  • WASHINGTON, Aug 27- The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce...

  • The economy as measured by gross domestic product expanded at an annual rate of 3.7 percent in the April-June quarter, the Commerce Department reported Thursday. There's been a lot of reports in the news, stock markets swinging, worries about China and about Europe, "Obama said during a tour of New Orleans to see rebuilding efforts since Hurricane Katrina 10...

  • China concerns take shine off Philippines Q2 GDP data Thursday, 27 Aug 2015 | 1:09 AM ET
    Cranes operate on a residential building under construction at dusk in Cebu, Philippines.

    The Philippine economy grew 5.6 percent in the second quarter but concerns over China tempered the outlook.

  • Business events scheduled for Thursday Wednesday, 26 Aug 2015 | 1:02 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Commerce Department releases second-quarter gross domestic product, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • Stock market just called the Fed's bluff Wednesday, 26 Aug 2015 | 11:28 AM ET
    Federal Reserve Board Chair Janet Yellen

    Look for the Fed to back away from rate hikes in the next few weeks, says Michael Pento.

  • Investors to PBoC: Can we have some more? Tuesday, 25 Aug 2015 | 9:31 PM ET

    Hours after China unleashed a fresh bout of stimulus, investors are already looking for more aggressive action from authorities.

  • BERLIN, Aug 25- Foreign trade was the main driver of German economic growth in the second quarter of this year but domestic demand was a drag, data from Germany's statistics office showed on Tuesday. Seasonally-adjusted data confirmed an earlier flash estimate showing that German gross domestic product rose by 0.4 percent on the quarter between April and June.

  • Next euro zone fight: France vs. Germany on tax Sunday, 23 Aug 2015 | 7:43 PM ET

    Are French Socialists becoming supply-siders, and swapping economic gurus in the process? And how will Germany respond?

  • Yuan devaluation won't help China: JPMorgan Sunday, 23 Aug 2015 | 7:43 PM ET
    Yuan devaluation won't help China: JPMorgan

    Ben Sy, head of fixed income, FX & commodities at JP Morgan, expects economic growth in China to be worse off in the second-half of the year hence exerting more pressure on the FX space.

  • Week ahead: August 24 Thursday, 20 Aug 2015 | 7:00 PM ET
    Week ahead: August 24

    CNBC takes a look at the big stories you need to watch out for in the week starting on August 24.