Today US macro data:
JOLTS report: 8.05 mln vs 8.35 mln exp. and 8.48 mln previously
US Durable goods orders: 0.6% vs 0.7% exp. and 0.7% previously
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Create account Try a demo Download mobile app Download mobile appUS Factory orders: 0.7% vs 0.5% exp and 1.5% previously
Data shows that US job market is slowing, but swap market price in faster pace of 2024 Fed rate cuts after weaker JOLTS. On the other hand, durable goods orders were only slightly weaker than expected.
Source: xStation5
