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.

8 October 2026, 6:57 PM

Daily Summary: Trump and OpenAI keep the market on a roller coaster💡

8 October 2026, 12:13 PM

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)

8 October 2026, 6:50 AM

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

7 October 2026, 3:40 PM

Large decline in crude inventories 🛢️📉

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