US macro data readings
US jobless claims came in 209 k vs 227.5 exp, and 231k previously
-
Continued jobless claims: 1.84 million vs 1.875 million exp. and 1.865 million previously
USA - Durable goods orders:
- Actual: -5,4% MoM Exp. -3,1%; Previously 4,6%
- Ex-transport:: 0% MoM. Exp. 0,1% Previously 0,4%
Much stronger than expected reading from US job market signalled that Fed may not cur rates as fast as market expect in 2024 which strengthened US dollar and weakened EURUSD. At the same time, revision of US durable goods orders came in weaker than expected, making today US macro readings quite mixed.
Source: xStation5
Source: XTB Research, US Bureau of Labor Statistics, Bloomberg Finance L.P.
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
DE40: Adequate data, Mild growth