* Stocks are firmer early Thursday, off early highs after the Nasdaq climbed to the highest level ...
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European officials and parliamentarians look at the implications of ETS2 CO2 trading rules for inflation. -- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
The Atlanta Fed's latest GDPNow estimate for Q3 jumped to 3.41% from 3.09% in the last full update on September 10 (and 3.3% posted in Q2). This was very much a domestic demand-driven upgrade, with real PCE now seen contributing well over half of growth (1.85pp vs 1.54pp in the previous estimate) thanks to better-than-expected advance retail sales.
The Bank of Canada is expected to cut its benchmark overnight rate by 25bp to 2.50% on Wednesday September 17. This comes after three consecutive holds, amid a period in which activity and labour market data proved more resilient than expected in the face of the US-Canada trade conflict.