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1:32 PM ยท 28 January 2025

BREAKING: US Durable Goods orders much weaker than expected ๐Ÿ“‰

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US December 2024 Durable Goods Orders: -2.2% MoM (Forecast 0.6%, Previous -1.2%; revised to -2%)

  • US Core Durable Goods 0.3% MoM (Forecast 0.3%, Previous -0.2%)

As we can read inside the December report 'Excluding transportation, new orders increased 0.3 percent. Excluding defense, new orders decreased 2.4 percent. Transportation equipment, also down four of the last 5 months, drove the decrease, $6.9 billion or 7.4 percent to $86.1 billion.'

US House Price Index YoY: 4.2% (Previous 4.5%)

  • US House Price Index MoM: 0.3% (Forecast 0.3%, Previous 0.4%)

US CaseShiller 20 YoY: 4.33% (Forecast 4.24%, Previous 4.2%, Revised 4.23%)

US500 (H1 interval)

US500 gains only 0.1% ahead of US stock market open; still below EMA50 on H1 interval.

 

Source: xStation5

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Economic calendar: ADP Labor market report and ISM services ๐Ÿ”Ž

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