Day: November 29, 2019
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Sweet crude, mild surprise, growth up 2.28% y/y
Q3 2019 GDP growth was reported on Monday at 2.28% y/y, exceeding the Bloomberg consensus estimate of 1.85% y/y. However, it marked an improvement on Q2 GDP which grew at 2.12% (restated from the original print of 1.94%). Significantly, Q3 non-oil GDP grew at 1.85% which marked an improvement in Q2 when it grew at […]
