Cites the better industrial production data

Goldman Sachs upped there estimate for 3Q growth to 3.6% from 3.5% as a result of this mornings Industrial production data out of the US.

The Atlanta Fed yesterday lowered their estimate on the back of the lower retail sales. They are now at 4.0% (from 4.2% previously) and will release their latest estimate tomorrow.

The NY Fed Nowcast estimate is at 2.25%, well below most estimates. The NY Fed releases their estimates each Friday.