US GDP tracker update - Nomura

Analysts at Nomura offered their GDP tracker update after the US data on Thursday.

Key Quotes:

"New home sales were slightly weaker than expected in December, indicating slightly less brokers’ commissions (and hence private residential investment) in Q4. However, after rounding, we leave our Q4 GDP tracking estimate unchanged at 2.6% q-o-q saar. Note that the BEA will release the advance estimate of Q4 GDP tomorrow morning at 8:30am EST."