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  1. #1
    Specialist Member marvel's Avatar

    Hot US durable goods orders in less than 10 minutes. !!!

    US durable goods orders will be announced in few minutes! The last value was -6.9 and now it is expecting 0.5, i.e better than previous one. Let’s see it!

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  2. #2
    Specialist Member marvel's Avatar
    The data came lower than expected and this leads to decline in the stock market and rise in the dollar. I think the news impact will not be very strong and will last only for 1-2 hours this evening.

  3. #3
    Legendry Member milos's Avatar
    The core durable good numbers gives a better gauge of ordering trends.A higher reading indicates increased manufacturing activity. A higher than expected is 1.3% should be taken as positive or bullish for the USD. Durable cores orders is is 3.3% higher than expected and should be positive for the USD. It is measured the total value of new orders for long lasting in manufacturing and transportation. Both factors are very strong and they have a big impact on the USD.

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