US Q1 GDP growth to be revised lower – Danske

FXStreet (Barcelona) - The Danske Bank Research Team previews the key data releases in the US in the next week.

Key Quotes

“We expect US Q1 GDP growth to be revised lower over the coming week, due primarily to exports and inventories.”

“We expect the underlying upward trend in the US housing market to continue and we look for a rebound in both new home sales and pending home sales in April.”