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.

17 September 2026, 7:17 PM

Daily Summary: Hawkish Fed fails to scare the markets (17.09.2026)

17 September 2026, 6:46 PM

Nasdaq 100 Up 1.7%

17 September 2026, 4:45 PM

US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)

17 September 2026, 12:15 PM

BoE keeps rates unchanged and issues a dovish statement, thereby weakening the GBP⬇️

Economic reports

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