US Q3 advance GDP +2.8% vs +3.0% expected

• Final Q2 GDP was 3.0%

Contributors and subtractors to the 2.8% growth:

• Consumption: +2.46% vs +1.90% prior
• Government: +0.85% vs +0.52% prior
• Net International trade: -0.56% vs -0.90% prior
• Inventories: -0.17% vs +1.05% prior

The final Atlanta Fed GDPNow reading was 2.8%.

USD/JPY was trading at 153.37 ahead of the report.

This article was written by Adam Button at www.forexlive.com.