Category: Headlines
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US GDP Sales Advance* (Q1) 3.4% vs. Exp. 2.3% (Prev. 1.1%)
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US Core PCE Prices Advance* (Q1) 4.9% vs. Exp. 4.7% (Prev. 4.4%)
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US GDP Advance* (Q1) 1.1% vs. Exp. 2.0% (Prev. 2.6%)
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Advisers have reportedly lined up potential purchasers of new First Republic (FRC) stock, according to CNBC citing sources
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US Retail Inventories Ex-Auto Adv * (Mar) 0.4% (Prev. 0.3%)
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US Wholesale Inventories Adv * (Mar) 0.1% vs. Exp. 0.2% (Prev. 0.1%)
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US Durables Ex-Transport * (Mar) 0.3% vs. Exp. -0.2% (Prev. -0.1%, Rev. -0.3%)
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US Durable Goods * (Mar) 3.2% vs. Exp. 0.7% (Prev. -1.0%, Rev. -1.2%)
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None of the banks seem to be stepping up to purchase assets of First Republic (FRC) right now, according to CNBC’s Faber
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US Consumer Confidence * (Apr) 101.3 vs. Exp. 104.0 (Prev. 104.2, Rev. 104.0)