4:09 PM · 2 August 2024

US durable goods revised slightly lower than expected📊US factory orders slightly weaker

US Factory orders dropped -3.3% MoM in July vs -3.2% exp. and -0.5% previously

US Durable Goods came in -6.7% MoM vs -6.6% exp. and -6.6% previously
Also, US Core Durable Goods were revised lower to 0.4% MoM vs 0.5% exp. and 0.5% in June

Citi forecasts 125 bps in Fed cuts this year after jobs data, 50 bps each in September & December. Goldman Sachs analysts added a third quarter-point Fed cut to their 2024 forecast.

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

7 May 2026, 7:21 AM

Economic Calendar: Markets Focused on German Data and Central Bank Speakers

7 May 2026, 7:05 AM

BREAKING: Strong data from the German manufacturing sector!

6 May 2026, 7:04 PM

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

Economic reports

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